Netcompany Group (Denmark) Price on March 22, 2024
| NETC Stock | DKK 280.20 18.40 7.03% |
If you're considering investing in Netcompany Stock, it is important to understand the factors that can impact its price. As of today, the current price of Netcompany Group stands at 280.20, as last reported on the 5th of May, with the highest price reaching 291.40 and the lowest price hitting 275.80 during the day. We consider Netcompany Group very steady. Netcompany Group has Sharpe Ratio of 0.0016, which conveys that the firm had a 0.0016% return per unit of risk over the last 3 months. We have found thirty technical indicators for Netcompany Group, which you can use to evaluate the volatility of the firm. Please verify Netcompany Group's Downside Deviation of 2.06, risk adjusted performance of 0.0179, and Mean Deviation of 1.42 to check out if the risk estimate we provide is consistent with the expected return of 0.0032%.
Netcompany Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Netcompany |
Sharpe Ratio = 0.0016
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| Negative Returns | NETC |
Estimated Market Risk
| 1.99 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Netcompany Group is not performing at its full potential. However, 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 Netcompany Group by adding Netcompany Group to a well-diversified portfolio.
Netcompany Group Valuation on March 22, 2024
It is possible to determine the worth of Netcompany Group on a given historical date. On March 22, 2024 Netcompany was worth 282.0 at the beginning of the trading date compared to the closed value of 284.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Netcompany Group stock. Still, in general, we apply an absolute valuation method to find Netcompany Group'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 Netcompany Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Netcompany Group's related companies.
| Open | High | Low | Close | Volume | |
| 288.10 | 291.30 | 283.00 | 283.10 | 100,090 | |
03/22/2024 | 282.00 | 285.20 | 282.00 | 284.60 | 58,879 |
| 284.00 | 284.00 | 278.30 | 279.70 | 96,244 |
| Backtest Netcompany Group | | | Netcompany Group History | | | Netcompany Group Valuation | Previous | Next |
Netcompany Group Trading Date Momentum on March 22, 2024
| On March 25 2024 Netcompany Group AS was traded for 279.70 at the closing time. The highest price during the trading period was 284.00 and the lowest recorded bid was listed for 278.30 . The volume for the day was 96.2 K. This history from March 25, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 1.72% . The trading delta at closing time to the current price is 0.91% . |
Netcompany Group Fundamentals Correlations and Trends
By evaluating Netcompany Group'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 Netcompany Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Netcompany financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Netcompany Group Stock history
Netcompany Group 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 Netcompany is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Netcompany Group 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 Netcompany Group stock prices may prove useful in developing a viable investing in Netcompany Group
Netcompany Group AS, an IT services company, delivers business critical IT solutions to public and private sector customers in Denmark, Norway, the United Kingdom, the Netherlands, Poland, and Vietnam. Netcompany Group AS was founded in 2000 and is headquartered in Copenhagen, Denmark. Netcompany Group is traded on Copenhagen Stock Exchange in Denmark.
Netcompany Group Stock Technical Analysis
Netcompany Group 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
Netcompany Group Period Price Range
Low | March 22, 2024
| High |
282.00 | 284.60 |
Netcompany Group May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Netcompany Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Netcompany Group shares will generate the highest return on investment. By undertsting and applying Netcompany Group stock market strength indicators, traders can identify Netcompany Group AS entry and exit signals to maximize returns
Netcompany Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Netcompany Group's price direction in advance. Along with the technical and fundamental analysis of Netcompany Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Netcompany 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 | 0.0179 | |||
| Jensen Alpha | 8.0E-4 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0718 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netcompany Group AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Netcompany Stock analysis
When running Netcompany Group's price analysis, check to measure Netcompany Group'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 Netcompany Group is operating at the current time. Most of Netcompany Group's value examination focuses on studying past and present price action to predict the probability of Netcompany Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netcompany Group's price. Additionally, you may evaluate how the addition of Netcompany Group to your portfolios can decrease your overall portfolio volatility.
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