Nordea Bank Abp Stock Market Value
| NBNKF Stock | USD 11.45 0.00 0.00% |
| Symbol | Nordea |
Nordea Bank 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Nordea Bank's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Nordea Bank.
| 07/28/2022 |
| 04/18/2024 |
If you would invest 0.00 in Nordea Bank on July 28, 2022 and sell it all today you would earn a total of 0.00 from holding Nordea Bank Abp or generate 0.0% return on investment in Nordea Bank over 630 days. Nordea Bank is related to or competes with UniCredit SpA, Banco Do, Societe Generale, BNP Paribas, Credit Agricole, Banco Bradesco, and Itau Unibanco. Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally More
Nordea Bank Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Nordea Bank's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Nordea Bank Abp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 13.9 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 2.62 |
Nordea Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nordea Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nordea Bank's standard deviation. In reality, there are many statistical measures that can use Nordea Bank historical prices to predict the future Nordea Bank's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 1.48 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nordea Bank's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nordea Bank Abp Backtested Returns
Nordea Bank Abp has Sharpe Ratio of -0.0628, which conveys that the firm had a -0.0628% return per unit of risk over the last 3 months. Nordea Bank exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nordea Bank's Risk Adjusted Performance of (0.03), standard deviation of 1.66, and Mean Deviation of 0.6946 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0753, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nordea Bank are expected to decrease at a much lower rate. During the bear market, Nordea Bank is likely to outperform the market. Nordea Bank Abp has an expected return of -0.11%. Please make sure to verify Nordea Bank Abp maximum drawdown and kurtosis , to decide if Nordea Bank Abp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.63 |
Good predictability
Nordea Bank Abp has good predictability. Overlapping area represents the amount of predictability between Nordea Bank time series from 28th of July 2022 to 8th of June 2023 and 8th of June 2023 to 18th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nordea Bank Abp price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Nordea Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Nordea Bank Abp lagged returns against current returns
Autocorrelation, which is Nordea Bank pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nordea Bank's pink sheet expected returns. We can calculate the autocorrelation of Nordea Bank returns to help us make a trade decision. For example, suppose you find that Nordea Bank has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nordea Bank regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nordea Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nordea Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nordea Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Nordea Bank Lagged Returns
When evaluating Nordea Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nordea Bank pink sheet have on its future price. Nordea Bank autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nordea Bank autocorrelation shows the relationship between Nordea Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nordea Bank Abp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nordea Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nordea Bank's short interest history, or implied volatility extrapolated from Nordea Bank options trading.
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Complementary Tools for Nordea Pink Sheet analysis
When running Nordea Bank's price analysis, check to measure Nordea Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nordea Bank is operating at the current time. Most of Nordea Bank's value examination focuses on studying past and present price action to predict the probability of Nordea Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordea Bank's price. Additionally, you may evaluate how the addition of Nordea Bank to your portfolios can decrease your overall portfolio volatility.
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