Nippon India Financials
HNGSNGBEES | 332.45 9.10 2.81% |
Nippon |
The data published in Nippon India's official financial statements typically reflect Nippon India's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Nippon India's quantitative information. For example, before you start analyzing numbers published by Nippon accountants, it's essential to understand Nippon India's liquidity, profitability, and earnings quality within the context of the Nippon space in which it operates.
Please note, the presentation of Nippon India's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nippon India's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nippon India's management manipulating its earnings.
Nippon India Etf Summary
Nippon India is entity of India. It is traded as Etf on NSE exchange.Nippon India ETF Systematic Risk
Nippon India's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nippon India volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Nippon India ETF correlated with the market. If Beta is less than 0 Nippon India generally moves in the opposite direction as compared to the market. If Nippon India Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nippon India ETF is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nippon India is generally in the same direction as the market. If Beta > 1 Nippon India moves generally in the same direction as, but more than the movement of the benchmark.
Nippon India November 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nippon India help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nippon India ETF. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nippon India ETF based on widely used predictive technical indicators. In general, we focus on analyzing Nippon Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nippon India's daily price indicators and compare them against related drivers.
Downside Deviation | 3.11 | |||
Information Ratio | 0.0452 | |||
Maximum Drawdown | 18.16 | |||
Value At Risk | (5.61) | |||
Potential Upside | 4.88 |
Other Information on Investing in Nippon Etf
Nippon India financial ratios help investors to determine whether Nippon Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nippon with respect to the benefits of owning Nippon India security.