Nichidenbo Corp (Taiwan) Price on December 24, 2023
| 3090 Stock | TWD 66.00 1.50 2.22% |
If you're considering investing in Nichidenbo Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nichidenbo Corp stands at 66.00, as last reported on the 10th of January, with the highest price reaching 67.80 and the lowest price hitting 65.80 during the day. At this stage we consider Nichidenbo Stock to be very steady. Nichidenbo Corp has Sharpe Ratio of 0.0455, which conveys that the firm had a 0.0455% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nichidenbo Corp, which you can use to evaluate the volatility of the firm. Please verify Nichidenbo Corp's Mean Deviation of 1.49, risk adjusted performance of 0.0423, and Downside Deviation of 1.61 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Nichidenbo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nichidenbo |
Sharpe Ratio = 0.0455
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Estimated Market Risk
| 2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nichidenbo Corp is performing at about 3% 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 Nichidenbo Corp by adding it to a well-diversified portfolio.
Nichidenbo Corp Valuation on December 24, 2023
It is possible to determine the worth of Nichidenbo Corp on a given historical date. On December 24, 2023 Nichidenbo was worth 57.5 at the beginning of the trading date compared to the closed value of 57.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nichidenbo Corp stock. Still, in general, we apply an absolute valuation method to find Nichidenbo Corp'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 Nichidenbo Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nichidenbo Corp's related companies.
| Open | High | Low | Close | Volume | |
| 57.60 | 57.90 | 57.50 | 57.50 | 304,304 | |
12/22/2023 | 57.50 | 58.20 | 57.50 | 57.80 | 224,070 |
| 58.00 | 58.30 | 57.70 | 57.70 | 240,031 |
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Nichidenbo Corp Trading Date Momentum on December 24, 2023
| On December 25 2023 Nichidenbo Corp was traded for 57.70 at the closing time. The highest price during the trading period was 58.30 and the lowest recorded bid was listed for 57.70 . The volume for the day was 240 K. This history from December 25, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.17% . The trading delta at closing time to the current price is 0.52% . |
Nichidenbo Corp Fundamentals Correlations and Trends
By evaluating Nichidenbo Corp'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 Nichidenbo Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nichidenbo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nichidenbo Corp Stock history
Nichidenbo Corp 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 Nichidenbo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nichidenbo Corp 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 Nichidenbo Corp stock prices may prove useful in developing a viable investing in Nichidenbo Corp
Nichidenbo Corporation supplies passive electronic components worldwide. The company was founded in 1982 and is based in New Taipei City, Taiwan. NICHIDENBO CORPORATION operates under Electronic Components classification in Taiwan and is traded on Taiwan Stock Exchange.
Nichidenbo Corp Stock Technical Analysis
Nichidenbo Corp 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.
Price Boundaries
Nichidenbo Corp Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Nichidenbo Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nichidenbo Corp January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Nichidenbo Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nichidenbo Corp shares will generate the highest return on investment. By undertsting and applying Nichidenbo Corp stock market strength indicators, traders can identify Nichidenbo Corp entry and exit signals to maximize returns
Nichidenbo Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nichidenbo Corp's price direction in advance. Along with the technical and fundamental analysis of Nichidenbo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nichidenbo 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.
| Risk Adjusted Performance | 0.0423 | |||
| Jensen Alpha | 0.0978 | |||
| Total Risk Alpha | 0.0473 | |||
| Sortino Ratio | 0.0534 | |||
| Treynor Ratio | 0.3158 |
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Additional Tools for Nichidenbo Stock Analysis
When running Nichidenbo Corp's price analysis, check to measure Nichidenbo Corp'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 Nichidenbo Corp is operating at the current time. Most of Nichidenbo Corp's value examination focuses on studying past and present price action to predict the probability of Nichidenbo Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nichidenbo Corp's price. Additionally, you may evaluate how the addition of Nichidenbo Corp to your portfolios can decrease your overall portfolio volatility.