NARI Technology (China) Price on April 30, 2024

600406 Stock   24.61  0.39  1.56%   
Below is the normalized historical share price chart for NARI Technology Co extending back to October 16, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NARI Technology stands at 24.61, as last reported on the 29th of November, with the highest price reaching 25.02 and the lowest price hitting 24.51 during the day.
IPO Date
24th of September 2003
200 Day MA
24.6858
50 Day MA
26.455
Beta
0.451
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in NARI Stock, it is important to understand the factors that can impact its price. At this point, NARI Technology is very steady. NARI Technology has Sharpe Ratio of 0.0045, which conveys that the company had a 0.0045% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for NARI Technology, which you can use to evaluate the volatility of the entity. Please verify NARI Technology's mean deviation of 1.29, and Downside Deviation of 1.77 to check out if the risk estimate we provide is consistent with the expected return of 0.008%.
  
At present, NARI Technology's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 8.1 B, whereas Other Stockholder Equity is projected to grow to (38.7 M). . NARI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0045

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Negative Returns600406

Estimated Market Risk

 1.79
  actual daily
15
85% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average NARI Technology is not performing at its full potential. However, 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 NARI Technology by adding NARI Technology to a well-diversified portfolio.
Price Book
4.2912
Enterprise Value Ebitda
20.1053
Price Sales
3.5861
Shares Float
3.3 B
Wall Street Target Price
29.27

NARI Technology Valuation on April 30, 2024

It is possible to determine the worth of NARI Technology on a given historical date. On April 30, 2024 NARI was worth 23.65 at the beginning of the trading date compared to the closed value of 23.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NARI Technology stock. Still, in general, we apply an absolute valuation method to find NARI Technology'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 NARI Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NARI Technology's related companies.
 Open High Low Close Volume
  24.00    24.25    23.55    23.65    53,012,375  
04/30/2024
  23.65    23.80    22.90    23.54    56,449,843  
  24.01    24.05    22.93    23.14    87,235,636  
Backtest NARI Technology  |  NARI Technology History  |  NARI Technology Valuation   PreviousNext  
Open Value
23.65
23.54
Closing Value
29.03
Upside

NARI Technology Trading Date Momentum on April 30, 2024

On May 06 2024 NARI Technology Co was traded for  23.14  at the closing time. The highest price during the trading period was 24.05  and the lowest recorded bid was listed for  22.93 . The volume for the day was 87.2 M. This history from May 6, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.70% . The trading delta at closing time to the current price is 1.15% .

NARI Technology Fundamentals Correlations and Trends

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

About NARI Technology Stock history

NARI Technology 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 NARI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NARI Technology 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 NARI Technology stock prices may prove useful in developing a viable investing in NARI Technology
Last ReportedProjected for Next Year
Common Stock Shares OutstandingB15.2 B
Net Income Applicable To Common Shares7.4 B7.8 B

NARI Technology Quarterly Net Working Capital

32.96 Billion

NARI Technology Stock Technical Analysis

NARI Technology 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 NARI Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NARI Technology 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

NARI Technology Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

NARI Technology Co cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai 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.

NARI Technology November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how NARI Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NARI Technology shares will generate the highest return on investment. By undertsting and applying NARI Technology stock market strength indicators, traders can identify NARI Technology Co entry and exit signals to maximize returns

NARI Technology Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NARI Technology's price direction in advance. Along with the technical and fundamental analysis of NARI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NARI 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.

Complementary Tools for NARI Stock analysis

When running NARI Technology's price analysis, check to measure NARI Technology'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 NARI Technology is operating at the current time. Most of NARI Technology's value examination focuses on studying past and present price action to predict the probability of NARI Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NARI Technology's price. Additionally, you may evaluate how the addition of NARI Technology to your portfolios can decrease your overall portfolio volatility.
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