NISSHA (Germany) Price on May 10, 2024
6X8 Stock | EUR 10.00 0.20 1.96% |
If you're considering investing in NISSHA Stock, it is important to understand the factors that can impact its price. As of today, the current price of NISSHA stands at 10.00, as last reported on the 2nd of December, with the highest price reaching 10.00 and the lowest price hitting 10.00 during the day. NISSHA LTD has Sharpe Ratio of -0.2, which conveys that the firm had a -0.2% return per unit of standard deviation over the last 3 months. NISSHA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NISSHA's Market Risk Adjusted Performance of (1.16), risk adjusted performance of (0.13), and Mean Deviation of 1.51 to check out the risk estimate we provide.
NISSHA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NISSHA |
Sharpe Ratio = -0.1954
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Estimated Market Risk
1.96 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NISSHA 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 NISSHA by adding NISSHA to a well-diversified portfolio.
NISSHA Valuation on May 10, 2024
It is possible to determine the worth of NISSHA on a given historical date. On May 10, 2024 NISSHA was worth 10.7 at the beginning of the trading date compared to the closed value of 10.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NISSHA stock. Still, in general, we apply an absolute valuation method to find NISSHA'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 NISSHA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NISSHA's related companies.
Open | High | Low | Close | Volume | |
10.10 | 10.10 | 10.10 | 10.10 | 200.00 | |
05/10/2024 | 10.70 | 10.70 | 10.70 | 10.70 | 200.00 |
10.40 | 10.40 | 10.40 | 10.40 | 1.00 |
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NISSHA Trading Date Momentum on May 10, 2024
On May 13 2024 NISSHA LTD was traded for 10.40 at the closing time. The highest daily price throughout the period was 10.40 and the lowest price was 10.40 . There was no trading activity during the period 1.0. Lack of trading volume on 05/13/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 2.80% . The trading delta at closing time to current closing price is 0.93% . |
NISSHA LTD Fundamentals Correlations and Trends
By evaluating NISSHA'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 NISSHA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NISSHA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NISSHA Stock history
NISSHA 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 NISSHA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NISSHA LTD 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 NISSHA stock prices may prove useful in developing a viable investing in NISSHA
Nissha Co., Ltd. engages in industrial materials, devices, medical technologies, and information and communication in Japan and internationally. Nissha Co., Ltd. was founded in 1929 and is headquartered in Kyoto, Japan. NISSHA operates under Electronic Components classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5390 people.
NISSHA Stock Technical Analysis
NISSHA 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
NISSHA Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
NISSHA LTD cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
NISSHA December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how NISSHA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NISSHA shares will generate the highest return on investment. By undertsting and applying NISSHA stock market strength indicators, traders can identify NISSHA LTD entry and exit signals to maximize returns
NISSHA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NISSHA's price direction in advance. Along with the technical and fundamental analysis of NISSHA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NISSHA 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 | (0.13) | |||
Jensen Alpha | (0.39) | |||
Total Risk Alpha | (0.68) | |||
Treynor Ratio | (1.17) |
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Volume Indicators |
Complementary Tools for NISSHA Stock analysis
When running NISSHA's price analysis, check to measure NISSHA'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 NISSHA is operating at the current time. Most of NISSHA's value examination focuses on studying past and present price action to predict the probability of NISSHA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NISSHA's price. Additionally, you may evaluate how the addition of NISSHA to your portfolios can decrease your overall portfolio volatility.
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