Nordea Bank (Denmark) Today
| NDA-DK Stock | 83.90 1.40 1.70% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Nordea Bank is trading at 83.90 as of the 24th of April 2024, a 1.70 percent up since the beginning of the trading day. The stock's open price was 82.5. Nordea Bank has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Nordea Bank Abp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Moving against Nordea Stock
| 0.42 | DANSKE | Danske Bank AS | PairCorr |
Follow Valuation Odds of Bankruptcy
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Nordea Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nordea Bank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nordea Bank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Banks (View all Themes) |
| Business Concentration | Banks, Banks-Regional, Financial Services (View all Sectors) |
Nordea Bank Abp (NDA-DK) is traded on Copenhagen Exchange in Denmark and employs 28,268 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 302.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nordea Bank's market, we take the total number of its shares issued and multiply it by Nordea Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Nordea Bank Abp operates under Financial Services sector and is part of Banks-Regional industry. The entity has 3.62 B outstanding shares.
Nordea Bank generates positive cash flow from operations, but has no cash available
Check Nordea Bank Probability Of Bankruptcy
Ownership AllocationNordea Bank Abp maintains a total of 3.62 Billion outstanding shares. Over half of Nordea Bank's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Nordea Bank Abp. Please watch out for any change in the institutional holdings of Nordea Bank Abp as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nordea Ownership Details
Nordea Stock Price Odds Analysis
What are Nordea Bank's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Nordea Bank jumping above the current price in 90 days from now is about 21.04%. The Nordea Bank Abp probability density function shows the probability of Nordea Bank stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Nordea Bank Abp has a beta of -0.3576. This indicates as returns on the benchmark increase, returns on holding Nordea Bank are expected to decrease at a much lower rate. During a bear market, however, Nordea Bank Abp is likely to outperform the market. Additionally, nordea Bank Abp has an alpha of 0.0377, implying that it can generate a 0.0377 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Nordea Bank to move above the current price in 90 days from now is about 21.04 (This Nordea Bank Abp probability density function shows the probability of Nordea Stock to fall within a particular range of prices over 90 days) .
Nordea Bank Abp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nordea Bank market risk premium is the additional return an investor will receive from holding Nordea Bank long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nordea Bank. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nordea Bank's alpha and beta are two of the key measurements used to evaluate Nordea Bank's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.0 | |||
| Semi Deviation | 1.82 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.02 |
Nordea Stock Against Markets
Picking the right benchmark for Nordea Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nordea Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nordea Bank is critical whether you are bullish or bearish towards Nordea Bank Abp at a given time. Please also check how Nordea Bank's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nordea Bank without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Nordea Bank Corporate Management
Elected by the shareholders, the Nordea Bank's board of directors comprises two types of representatives: Nordea Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nordea. The board's role is to monitor Nordea Bank's management team and ensure that shareholders' interests are well served. Nordea Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nordea Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Frank VangJensen | Pres CEO | Profile | |
| Jouko Helomaa | Principal | Profile | |
| Paul Bari | Group Technology | Profile | |
| Sara HelwegLarsen | Head Communications | Profile | |
| MScPol B | Communications Brand | Profile | |
| Ian Smith | Group Fin | Profile | |
| Matti Ahokas | Head Relations | Profile |
How to buy Nordea Stock?
Before investing in Nordea Bank, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nordea Bank. To buy Nordea Bank stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nordea Bank. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nordea Bank stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nordea Bank Abp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nordea Bank Abp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nordea Bank Abp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Nordea Bank Abp?
The danger of trading Nordea Bank Abp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nordea Bank is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nordea Bank. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nordea Bank Abp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nordea Bank Abp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Nordea Bank Abp information on this page should be used as a complementary analysis to other Nordea Bank'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Nordea Stock 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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