NARI Technology (China) Price on June 7, 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.
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 downside deviation of 1.77, and Mean Deviation of 1.29 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.
IPO Date 24th of September 2003 | 200 Day MA 24.6858 | 50 Day MA 26.455 | Beta 0.451 |
NARI |
Sharpe Ratio = 0.0045
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 600406 |
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 June 7, 2024
It is possible to determine the worth of NARI Technology on a given historical date. On June 7, 2024 NARI was worth 24.0 at the beginning of the trading date compared to the closed value of 23.77. 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 | |
| 23.70 | 24.45 | 23.70 | 23.95 | 33,721,139 | |
06/07/2024 | 24.00 | 24.15 | 23.60 | 23.77 | 27,531,870 |
| 23.60 | 23.95 | 23.55 | 23.66 | 23,224,933 |
| Backtest NARI Technology | | | NARI Technology History | | | NARI Technology Valuation | Previous | Next |
NARI Technology Trading Date Momentum on June 7, 2024
| On June 11 2024 NARI Technology Co was traded for 23.66 at the closing time. The highest price during the trading period was 23.95 and the lowest recorded bid was listed for 23.55 . The volume for the day was 23.2 M. This history from June 11, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.46% . The trading delta at closing time to the current price is 0.50% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8 B | 15.2 B | |
| Net Income Applicable To Common Shares | 7.4 B | 7.8 B |
NARI Technology Quarterly Net Working Capital |
|
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.
Price Boundaries
NARI Technology Period Price Range
Low | November 29, 2024
| 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.
| Risk Adjusted Performance | 0.0453 | |||
| Jensen Alpha | 0.0902 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (1.14) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |