Nitto Denko Corp Stock Buy Hold or Sell Recommendation
| NDEKY Stock | USD 15.59 0.05 0.32% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Nitto Denko Corp is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nitto Denko Corp given historical horizon and risk tolerance towards Nitto Denko. When Macroaxis issues a 'buy' or 'sell' recommendation for Nitto Denko Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nitto Denko Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Nitto and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Nitto Denko Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Nitto |
Execute Nitto Denko Buy or Sell Advice
The Nitto recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nitto Denko Corp. Macroaxis does not own or have any residual interests in Nitto Denko Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nitto Denko's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nitto Denko Trading Alerts and Improvement Suggestions
| Nitto Denko Corp generated a negative expected return over the last 90 days |
Nitto Denko Returns Distribution Density
The distribution of Nitto Denko's historical returns is an attempt to chart the uncertainty of Nitto Denko's future price movements. The chart of the probability distribution of Nitto Denko daily returns describes the distribution of returns around its average expected value. We use Nitto Denko Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nitto Denko returns is essential to provide solid investment advice for Nitto Denko.
| Mean Return | -0.0077 | Value At Risk | -2.96 | Potential Upside | 4.06 | Standard Deviation | 2.13 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nitto Denko historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nitto Denko Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nitto Denko or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nitto Denko's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nitto pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.14 | |
σ | Overall volatility | 2.06 | |
Ir | Information ratio | -0.06 |
Nitto Denko Volatility Alert
Nitto Denko Corp exhibits very low volatility with skewness of 0.6 and kurtosis of 0.44. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nitto Denko's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nitto Denko's pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nitto Denko Fundamentals Vs Peers
Comparing Nitto Denko's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nitto Denko's direct or indirect competition across all of the common fundamentals between Nitto Denko and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nitto Denko or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Nitto Denko's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nitto Denko by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nitto Denko to competition |
| Fundamentals | Nitto Denko | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0886 | -0.14 |
| Profit Margin | 0.12 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 6.97 B | 16.62 B |
| Shares Outstanding | 296.03 M | 571.82 M |
| Shares Owned By Institutions | 0.02 % | 39.21 % |
| Price To Earning | 14.44 X | 28.72 X |
| Price To Book | 1.39 X | 9.51 X |
| Price To Sales | 0.01 X | 11.42 X |
| Revenue | 853.45 B | 9.43 B |
| Gross Profit | 302.39 B | 27.38 B |
| EBITDA | 183.87 B | 3.9 B |
| Net Income | 97.13 B | 570.98 M |
| Cash And Equivalents | 286.8 B | 2.7 B |
| Cash Per Share | 968.65 X | 5.01 X |
| Total Debt | 255 M | 5.32 B |
| Current Ratio | 3.24 X | 2.16 X |
| Book Value Per Share | 3,028 X | 1.93 K |
| Cash Flow From Operations | 144.49 B | 971.22 M |
| Earnings Per Share | 2.78 X | 3.12 X |
| Number Of Employees | 25.96 K | 18.84 K |
| Beta | 1.1 | -0.15 |
| Market Capitalization | 9.43 B | 19.03 B |
| Total Asset | 1.09 T | 29.47 B |
| Retained Earnings | 568.57 B | 9.33 B |
| Working Capital | 334.09 B | 1.48 B |
| Current Asset | 494.85 B | 9.34 B |
| Current Liabilities | 160.76 B | 7.9 B |
| Z Score | 21.6 | 8.72 |
| Annual Yield | 0.03 % | |
| Five Year Return | 2.65 % | |
| Net Asset | 1.09 T |
Nitto Denko Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nitto . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nitto Denko Buy or Sell Advice
When is the right time to buy or sell Nitto Denko Corp? Buying financial instruments such as Nitto Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Nitto Pink Sheet Analysis
When running Nitto Denko's price analysis, check to measure Nitto Denko'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 Nitto Denko is operating at the current time. Most of Nitto Denko's value examination focuses on studying past and present price action to predict the probability of Nitto Denko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitto Denko's price. Additionally, you may evaluate how the addition of Nitto Denko to your portfolios can decrease your overall portfolio volatility.