Nordea Stock Performance

NDIEUENHKL -- Denmark Stock  

DKK 87.07  1.53  1.79%

The company secures a Beta (Market Risk) of -0.019, which conveys that as returns on market increase, returns on owning Nordea Invest are expected to decrease at a much smaller rate. During bear market, Nordea Invest is likely to outperform the market. Even though it is essential to pay attention to Nordea Invest Europe price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Nordea Invest exposes twenty-one different technical indicators, which can help you to evaluate its performance. Nordea Invest Europe has an expected return of -1.7511%. Please be advised to verify Nordea Invest Europe Information Ratio, Potential Upside as well as the relationship between Potential Upside and Kurtosis to decide if Nordea Invest Europe stock performance from the past will be repeated at some point in the near future.

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Nordea Invest Risk-Adjusted Performance

Over the last 30 days Nordea Invest Europe has generated negative risk-adjusted returns adding no value to investors with long positions. Allthough weak performance in the last few months, the Stock's forward indicators remain quite persistent which may send shares a bit higher in June 2020. The existing mess may also be a sign of long standing up-swing for the corporation partners.
Fifty Two Week Low89.12
Fifty Two Week High89.84

Nordea Invest Relative Risk vs. Return Landscape

If you would invest  10,050  in Nordea Invest Europe on April 25, 2020 and sell it today you would lose (1,343)  from holding Nordea Invest Europe or give up 13.36% of portfolio value over 30 days. Nordea Invest Europe is generating negative expected returns and assumes 7.6374% volatility on return distribution over the 30 days horizon. Simply put, 67% of equities are less volatile than Nordea Invest and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Nordea Invest is expected to under-perform the market. In addition to that, the company is 1.86 times more volatile than its market benchmark. It trades about -0.23 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of volatility.

Nordea Invest Market Risk Analysis

Sharpe Ratio = -0.2293
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Nordea Invest Stock Performance Indicators

Estimated Market Risk
  actual daily
 67 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Nordea Invest is performing at about 0% 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 Nordea Invest by adding it to a well-diversified portfolio.

Nordea Invest Alerts

Equity Alerts and Improvement Suggestions

Nordea Invest Europe is not yet fully synchronised with the market data
Nordea Invest Europe generates negative expected return over the last 30 days
Nordea Invest Europe has high historical volatility and very poor performance
Additionally, see Stocks Correlation. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.
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