Ing Group Nv Stock Price on May 9, 2024

ING Stock  USD 15.94  0.22  1.40%   
If you're considering investing in ING Stock, it is important to understand the factors that can impact its price. As of today, the current price of ING Group stands at 15.94, as last reported on the 28th of April, with the highest price reaching 15.98 and the lowest price hitting 15.85 during the day. ING Group appears to be very steady, given 3 months investment horizon. ING Group NV holds Efficiency (Sharpe) Ratio of 0.18, which attests that the entity had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for ING Group NV, which you can use to evaluate the volatility of the firm. Please utilize ING Group's Semi Deviation of 1.65, risk adjusted performance of 0.1197, and Market Risk Adjusted Performance of 1.3 to validate if our risk estimates are consistent with your expectations.
  
ING Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1825

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Estimated Market Risk

 1.49
  actual daily
13
87% of assets are more volatile

Expected Return

 0.27
  actual daily
5
95% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average ING Group is performing at about 14% 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 ING Group by adding it to a well-diversified portfolio.

ING Group Valuation on May 9, 2024

It is possible to determine the worth of ING Group on a given historical date. On May 9, 2024 ING was worth 15.85 at the beginning of the trading date compared to the closed value of 15.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ING Group stock. Still, in general, we apply an absolute valuation method to find ING 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 ING Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ING Group's related companies.
 Open High Low Close Volume
  15.85    15.98    15.85    15.94    2,552,220  
04/28/2024
  15.85    15.98    15.85    15.94    0.00  
Backtest ING Group  |  ING Group History  |  ING Group Valuation   Previous
Open Value
15.85
15.94
Closing Value
20.33
Upside

ING Group Trading Date Momentum on May 9, 2024

On April 28 2024 ING Group NV was traded for  15.94  at the closing time. Highest ING Group's price during the trading hours was 15.98  and the lowest price during the day was  15.85 . There was no trading activity during the period 0.0. Lack of trading volume on the 28th of April did not cause price change. The trading delta at closing time to current price is 0.56% .

ING Group NV Fundamentals Correlations and Trends

By evaluating ING 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 ING Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ING financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About ING Group Stock history

ING 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 ING is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ING Group NV 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 ING Group stock prices may prove useful in developing a viable investing in ING Group
ING Groep N.V., a financial institution, provides various banking products and services in the Netherlands, Belgium, Germany, Poland, Rest of Europe, North America, Latin America, Asia, and Australia. ING Groep N.V. was founded in 1762 and is headquartered in Amsterdam, the Netherlands. ING Groep operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 57000 people.

ING Group Stock Technical Analysis

ING 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.
A focus of ING Group technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of ING Group trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

ING Group Period Price Range

Low
April 28, 2024
0.09  0.57%
High

 15.85 

     

 15.94 

ING Group April 28, 2024 Market Strength

Market strength indicators help investors to evaluate how ING 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 ING Group shares will generate the highest return on investment. By undertsting and applying ING Group stock market strength indicators, traders can identify ING Group NV entry and exit signals to maximize returns

ING Group Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for ING Group's price direction in advance. Along with the technical and fundamental analysis of ING Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ING 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.
When determining whether ING Group NV is a strong investment it is important to analyze ING Group's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact ING Group's future performance. For an informed investment choice regarding ING Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ING Group NV. 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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for ING Stock analysis

When running ING Group's price analysis, check to measure ING 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 ING Group is operating at the current time. Most of ING Group's value examination focuses on studying past and present price action to predict the probability of ING 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 ING Group's price. Additionally, you may evaluate how the addition of ING Group to your portfolios can decrease your overall portfolio volatility.
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Is ING Group's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ING Group. If investors know ING will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ING Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ING Group's market value can be influenced by many factors that don't directly affect ING Group's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.