Published on 5 Oct 2023 on Simply Wall St. via Yahoo Finance

NN Group (AMS:NN) investors are sitting on a loss of 17% if they invested a year ago

The simplest way to benefit from a rising market is to buy an index fund. But if you buy individual stocks, you can do both better or worse than that. Investors in NN Group N.V. (AMS:NN) have tasted that bitter downside in the last year, as the share price dropped 23%. That's well below the market return of 9.5%. However, the longer term returns haven't been so bad, with the stock down 6.4% in the last three years. Unfortunately the share price momentum is still quite negative, with prices down 12% in thirty days. But this could be related to poor market conditions -- stocks are down 6.3% in the same time.

With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

See our latest analysis for NN Group