Kurita Water Industries Stock Price on February 29, 2024
KTWIF Stock | USD 37.85 0.00 0.00% |
If you're considering investing in Kurita Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Kurita Water stands at 37.85, as last reported on the 1st of December, with the highest price reaching 37.85 and the lowest price hitting 37.85 during the day. Kurita Water Industries has Sharpe Ratio of -0.0629, which conveys that the firm had a -0.0629% return per unit of risk over the last 3 months. Kurita Water exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Kurita Water's Mean Deviation of 0.8909, risk adjusted performance of (0.04), and Standard Deviation of 2.58 to check out the risk estimate we provide.
Kurita Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Kurita |
Sharpe Ratio = -0.0629
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Estimated Market Risk
2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Kurita Water 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 Kurita Water by adding Kurita Water to a well-diversified portfolio.
Related Headline
Federal Signal Headline on 29th of February 2024
Disposition of 19034 shares by Dennis Martin of Federal Sign... by Dennis Martin
Filed transaction by Federal Signal Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Kurita Water Valuation on February 29, 2024
It is possible to determine the worth of Kurita Water on a given historical date. On February 29, 2024 Kurita was worth 39.11 at the beginning of the trading date compared to the closed value of 39.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Kurita Water pink sheet. Still, in general, we apply an absolute valuation method to find Kurita Water'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 Kurita Water where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Kurita Water's related companies.
Open | High | Low | Close | Volume | |
37.15 | 37.15 | 37.15 | 37.15 | 21.00 | |
02/29/2024 | 39.11 | 39.11 | 39.11 | 39.11 | 2,200 |
42.14 | 42.14 | 41.41 | 41.41 | 600.00 |
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Kurita Water Trading Date Momentum on February 29, 2024
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Kurita Water Industries Fundamentals Correlations and Trends
By evaluating Kurita Water'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 Kurita Water's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Kurita financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Kurita Water Pink Sheet history
Kurita Water 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 Kurita is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Kurita Water Industries 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 Kurita Water stock prices may prove useful in developing a viable investing in Kurita Water
Kurita Water Industries Ltd. provides various water treatment solutions in Japan, Asia, North America, South America, Europe, the Middle East, Africa, and internationally. The company was incorporated in 1949 and is headquartered in Tokyo, Japan. Kurita Water operates under Pollution Treatment Controls classification in the United States and is traded on OTC Exchange. It employs 7661 people.
Kurita Water Pink Sheet Technical Analysis
Kurita Water technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Kurita Water Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Kurita Water Industries cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Kurita Water December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Kurita Water pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Kurita Water shares will generate the highest return on investment. By undertsting and applying Kurita Water pink sheet market strength indicators, traders can identify Kurita Water Industries entry and exit signals to maximize returns
Kurita Water Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Kurita Water's price direction in advance. Along with the technical and fundamental analysis of Kurita Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Kurita 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 | (0.04) | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.60) | |||
Treynor Ratio | 1.06 |
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Complementary Tools for Kurita Pink Sheet analysis
When running Kurita Water's price analysis, check to measure Kurita Water'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 Kurita Water is operating at the current time. Most of Kurita Water's value examination focuses on studying past and present price action to predict the probability of Kurita Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kurita Water's price. Additionally, you may evaluate how the addition of Kurita Water to your portfolios can decrease your overall portfolio volatility.
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