Nordea Stock Performance

NI
NDIGLENHKL -- Denmark Stock  

DKK 110.90  2.60  2.29%

Nordea Invest holds performance score of 33 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.0414, which conveys that as returns on market increase, Nordea Invest returns are expected to increase less than the market. However, during bear market, the loss on holding Nordea Invest will be expected to be smaller as well. Although it is essential to pay attention to Nordea Invest Global price patterns, it is also good to be reasonable about what you can actually do with equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Nordea Invest expected return of 1.62 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use Nordea Invest Global Information Ratio, Value At Risk as well as the relationship between Value At Risk and Expected Short fall to analyze future returns on Nordea Invest Global.

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Nordea Invest Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Nordea Invest Global are ranked lower than 33 (%) of all global equities and portfolios over the last 30 days. Allthough quite weak forward indicators, Nordea Invest disclosed solid returns over the last few months and may actually be approaching a breakup point.
Fifty Two Week Low108.30
Fifty Two Week High109.70

Nordea Invest Relative Risk vs. Return Landscape

If you would invest  9,340  in Nordea Invest Global on May 6, 2020 and sell it today you would earn a total of  1,750  from holding Nordea Invest Global or generate 18.74% return on investment over 30 days. Nordea Invest Global is generating 1.6212% of daily returns and assumes 3.2927% volatility on return distribution over the 30 days horizon. Simply put, 28% of equities are less volatile than Nordea Invest and 71% 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 generate 0.85 times more return on investment than the market. However, the company is 1.17 times less risky than the market. It trades about 0.49 of its potential returns per unit of risk. The DOW is currently generating roughly 0.07 per unit of risk.

Nordea Invest Market Risk Analysis

Sharpe Ratio = 0.4924
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Nordea Invest Stock Performance Indicators

Estimated Market Risk
 3.29
  actual daily
 
 28 %
of total potential
 
2828
Expected Return
 1.62
  actual daily
 
 29 %
of total potential
 
2929
Risk-Adjusted Return
 0.49
  actual daily
 
 33 %
of total potential
 
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Based on monthly moving average Nordea Invest is performing at about 33% 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.

About Nordea Invest Performance

To evaluate Nordea Invest Global Stock as a possible investment, you need to clearly understand its upside, downside potential, and overall future performance outlook. You may be satisfied when Nordea Invest is generating a 10% return over the last few months, but what if the market is generating 20% over the same period? In this case, it makes sense to compare Nordea's stock performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Nordea Invest Global stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Nordea's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section. Please also refer to our technical analysis and fundamental analysis pages.
Investeringsforeningen Nordea Invest - Global Enhanced is headquartered in Helsinki, Uusimaa, Finland. Nordea Invest is traded on Copenhagen Stock Exchange in Denmark.

Nordea Invest Alerts

Equity Alerts and Improvement Suggestions

Nordea Invest Global is not yet fully synchronised with the market data
Nordea Invest Global appears to be very risky and stock price may revert if volatility continues
Additionally, see Stocks Correlation. Please also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page