Naas Technology Adr Stock Price on October 3, 2024

NAAS Stock  USD 2.98  0.05  1.71%   
Below is the normalized historical share price chart for Naas Technology ADR extending back to October 20, 2017. 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 Naas Technology stands at 2.98, as last reported on the 1st of December, with the highest price reaching 3.09 and the lowest price hitting 2.88 during the day.
IPO Date
20th of October 2017
200 Day MA
10.3909
50 Day MA
3.2588
Beta
1.425
 
Covid
If you're considering investing in Naas Stock, it is important to understand the factors that can impact its price. Naas Technology ADR has Sharpe Ratio of -0.048, which conveys that the firm had a -0.048% return per unit of risk over the last 3 months. Naas Technology exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Naas Technology's Mean Deviation of 4.5, standard deviation of 5.88, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
  
At this time, Naas Technology's Other Stockholder Equity is comparatively stable compared to the past year. Common Stock is likely to gain to about 173.4 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (44.7 M). . Price To Sales Ratio is likely to drop to 6.84 in 2024. Price Earnings Ratio is likely to drop to -1.85 in 2024. Naas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.048

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsNAAS

Estimated Market Risk

 5.87
  actual daily
52
52% of assets are less volatile

Expected Return

 -0.28
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Naas 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 Naas Technology by adding Naas Technology to a well-diversified portfolio.
Price Book
12.3639
Enterprise Value Ebitda
(0.40)
Price Sales
0.0937
Shares Float
891.7 M
Wall Street Target Price
96

Naas Technology Valuation on October 3, 2024

It is possible to determine the worth of Naas Technology on a given historical date. On October 3, 2024 Naas was worth 3.95 at the beginning of the trading date compared to the closed value of 3.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Naas Technology stock. Still, in general, we apply an absolute valuation method to find Naas 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 Naas Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Naas Technology's related companies.
 Open High Low Close Volume
  3.76    4.28    3.69    4.11    573,395  
10/03/2024
  3.95    4.06    3.76    3.89    114,179  
  4.00    4.22    3.89    4.03    252,803  
Backtest Naas Technology  |  Naas Technology History  |  Naas Technology Valuation   PreviousNext  
Open Value
3.95
3.89
Closing Value
21.57
Upside

Naas Technology Trading Date Momentum on October 3, 2024

On October 04 2024 Naas Technology ADR was traded for  4.03  at the closing time. The top price for the day was 4.22  and the lowest listed price was  3.89 . The trading volume for the day was 252.8 K. The trading history from October 4, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 3.60% . The trading delta at closing time against the current closing price is 5.66% .

Naas Technology ADR Fundamentals Correlations and Trends

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

About Naas Technology Stock history

Naas 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 Naas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Naas Technology ADR 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 Naas Technology stock prices may prove useful in developing a viable investing in Naas Technology
Last ReportedProjected for Next Year
Common Stock Shares Outstanding11.3 M10.7 M
Net Loss-5.1 B-4.8 B

Naas Technology Stock Technical Analysis

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

Naas Technology Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Naas Technology ADR cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Naas Technology December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Naas 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 Naas Technology shares will generate the highest return on investment. By undertsting and applying Naas Technology stock market strength indicators, traders can identify Naas Technology ADR entry and exit signals to maximize returns

Naas Technology Technical and Predictive Indicators

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

Additional Tools for Naas Stock Analysis

When running Naas Technology's price analysis, check to measure Naas 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 Naas Technology is operating at the current time. Most of Naas Technology's value examination focuses on studying past and present price action to predict the probability of Naas 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 Naas Technology's price. Additionally, you may evaluate how the addition of Naas Technology to your portfolios can decrease your overall portfolio volatility.