NV Nederlandsche (Netherlands) Statistic Functions Beta

NEDAP Stock  EUR 82.10  -1.10  -1.32%   
The statistic functions module provides an execution environment for Beta function and related indicators on NV Nederlandsche. It emphasizes statistical functions describing dispersion and variability while keeping volatility, risk, and performance context in view.Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on NV Nederlandsche correlated with the market. If Beta is less than 0 NV Nederlandsche generally moves in the opposite direction as compared to the market. If NV Nederlandsche Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NV Nederlandsche is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NV Nederlandsche is generally in the same direction as the market. If Beta > 1 NV Nederlandsche moves generally in the same direction as, but more than the movement of the benchmark.

NV Nederlandsche Technical Analysis Modules

Most technical analysis of NV Nederlandsche help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for NEDAP from various momentum indicators to cycle indicators. When you analyze NEDAP charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Stock Overview, Methodology & Data Sources

Nederlandsche Apparatenfabriek Nedap, together with its subsidiaries, develops and supplies smart technological solutions worldwide. Nederlandsche Apparatenfabriek Nedap was founded in 1929 and is headquartered in Groenlo, the Netherlands. NEDAP operates under Electronic Components classification in Netherlands and is traded on Amsterdam Stock Exchange. It employs 695 people. The stock overview for NV Nederlandsche summarizes business drivers, financial profile, and market behavior. Current metrics include P/E of 20.77, P/B of 6.14, profit margin of 8.79%. NV Nederlandsche has a market cap of 542.73 M, P/E of 20.77, ROE of 28.39%.

Methodology

Unless otherwise specified, financial data for NV Nederlandsche Apparatenfabriek is derived from periodic company reporting (annual and quarterly where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on asset type. NEDAP (NL:NEDAP) prices are typically delayed by approximately 20 minutes from primary exchanges for listed equities. Data may be delayed depending on reporting sources and market conventions. Assumptions: Information for NV Nederlandsche Apparatenfabriek is compiled from public filings and market reference sources and official sources including U.S. Securities and Exchange Commission (SEC) via EDGAR. Reporting latency may occur in some cases. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.

Analyst Sources

NV Nederlandsche Apparatenfabriek may have analyst coverage included in Macroaxis-derived consensus inputs when available. Updates may occur throughout the day.

This content is curated and reviewed by:

Ellen Johnson - Member of Macroaxis Editorial Board

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Tracking NV Nederlandsche inside a portfolio is useful because individual winners can still weaken diversification or distort overall risk targets. A disciplined tracking process turns performance data into better decisions instead of more noise.

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NV Nederlandsche pair trading

Pair trading with NV Nederlandsche can help investors hedge some company-specific exposure by balancing a long view with an offsetting position. The key question is whether the second leg adds real hedge value instead of just creating a more complex version of the same risk.

NV Nederlandsche Pair Trading

NV Nederlandsche Apparatenfabriek Pair Trading Analysis

The ability to find closely correlated positions to NV Nederlandsche could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NV Nederlandsche when you sell it.
The correlation of NV Nederlandsche is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1.
Correlation analysis and pair trading evaluation for NV Nederlandsche can be used to frame hedging context. The approach can be applied within sectors or across broader universes.
Pair CorrelationCorrelation Matching

More Resources for NEDAP Stock Analysis

Other Information on Investing in NEDAP Stock

NV Nederlandsche financial ratios help frame valuation context across profits, cash flow, and enterprise value. They help compare NEDAP to other measures in a consistent way.