GN Store (Denmark) Price on February 22, 2024
| GN Stock | DKK 186.40 4.20 2.20% |
If you're considering investing in GN Store Stock, it is important to understand the factors that can impact its price. As of today, the current price of GN Store stands at 186.40, as last reported on the 2nd of May, with the highest price reaching 191.80 and the lowest price hitting 186.40 during the day. GN Store appears to be very steady, given 3 months investment horizon. GN Store Nord retains Efficiency (Sharpe Ratio) of 0.0965, which attests that the entity had a 0.0965% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for GN Store, which you can use to evaluate the volatility of the firm. Please utilize GN Store's Market Risk Adjusted Performance of 0.1551, standard deviation of 2.52, and Semi Deviation of 2.15 to validate if our risk estimates are consistent with your expectations.
GN Store Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
GN Store |
Sharpe Ratio = 0.0965
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Estimated Market Risk
| 2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average GN Store is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of GN Store by adding it to a well-diversified portfolio.
GN Store Valuation on February 22, 2024
It is possible to determine the worth of GN Store on a given historical date. On February 22, 2024 GN Store was worth 171.1 at the beginning of the trading date compared to the closed value of 170.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of GN Store stock. Still, in general, we apply an absolute valuation method to find GN Store's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of GN Store where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against GN Store's related companies.
| Open | High | Low | Close | Volume | |
| 173.50 | 174.65 | 168.80 | 169.85 | 859,770 | |
02/22/2024 | 171.10 | 171.40 | 166.10 | 170.05 | 521,903 |
| 169.85 | 170.15 | 167.00 | 167.00 | 361,493 |
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GN Store Trading Date Momentum on February 22, 2024
| On February 23 2024 GN Store Nord was traded for 167.00 at the closing time. The highest daily price throughout the period was 170.15 and the lowest price was 167.00 . The daily volume was 361.5 K. The net trading volume on 02/23/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.79% . The overall trading delta to current closing price is 4.03% . |
GN Store Nord Fundamentals Correlations and Trends
By evaluating GN Store's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among GN Store's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. GN Store financial account trend analysis is a perfect complement when working with valuation or volatility modules.About GN Store Stock history
GN Store investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for GN Store is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in GN Store Nord will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing GN Store stock prices may prove useful in developing a viable investing in GN Store
GN Store Nord AS develops, manufactures, and markets medical, professional, and consumer audio solutions in Denmark, Europe, North America, Asia, and internationally. GN Store Nord AS was founded in 1869 and is headquartered in Ballerup, Denmark. GN Store operates under Electronic Finished Products classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 6250 people.
GN Store Stock Technical Analysis
GN Store technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
GN Store Period Price Range
Low | February 22, 2024
| High |
171.10 | 170.05 |
GN Store May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how GN Store stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading GN Store shares will generate the highest return on investment. By undertsting and applying GN Store stock market strength indicators, traders can identify GN Store Nord entry and exit signals to maximize returns
| Accumulation Distribution | 16138.19 | |||
| Daily Balance Of Power | (0.20) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 168.75 | |||
| Day Typical Price | 169.18 | |||
| Price Action Indicator | 0.78 | |||
| Period Momentum Indicator | 16.35 |
GN Store Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for GN Store's price direction in advance. Along with the technical and fundamental analysis of GN Store Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of GN Store to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0508 | |||
| Jensen Alpha | 0.1056 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.049 | |||
| Treynor Ratio | 0.1451 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in GN Store Nord. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the GN Store Nord information on this page should be used as a complementary analysis to other GN Store's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for GN Store Stock analysis
When running GN Store's price analysis, check to measure GN Store'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 GN Store is operating at the current time. Most of GN Store's value examination focuses on studying past and present price action to predict the probability of GN Store's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move GN Store's price. Additionally, you may evaluate how the addition of GN Store to your portfolios can decrease your overall portfolio volatility.
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