NIGERIAN AVIATION (Nigeria) Price on December 17, 2024
| NAHCO Stock | 38.00 0.10 0.26% |
If you're considering investing in NIGERIAN Stock, it is important to understand the factors that can impact its price. As of today, the current price of NIGERIAN AVIATION stands at 38.00, as last reported on the 18th of December 2024, with the highest price reaching 38.00 and the lowest price hitting 37.90 during the day. At this stage we consider NIGERIAN Stock to be very steady. NIGERIAN AVIATION has Sharpe Ratio of 0.0938, which conveys that the firm had a 0.0938% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for NIGERIAN AVIATION, which you can use to evaluate the volatility of the firm. Please verify NIGERIAN AVIATION's mean deviation of 0.8418, and Risk Adjusted Performance of 0.0486 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
NIGERIAN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NIGERIAN |
Sharpe Ratio = 0.0938
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Estimated Market Risk
| 1.74 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average NIGERIAN AVIATION is performing at about 7% of its full potential. 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 NIGERIAN AVIATION by adding it to a well-diversified portfolio.
NIGERIAN AVIATION Valuation on December 17, 2024
It is possible to determine the worth of NIGERIAN AVIATION on a given historical date. On December 17, 2024 NIGERIAN was worth 37.9 at the beginning of the trading date compared to the closed value of 38.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NIGERIAN AVIATION stock. Still, in general, we apply an absolute valuation method to find NIGERIAN AVIATION'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 NIGERIAN AVIATION where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NIGERIAN AVIATION's related companies.
| Open | High | Low | Close | Volume | |
| 37.90 | 37.90 | 36.50 | 37.90 | 1,065,724 | |
12/17/2024 | 37.90 | 38.00 | 37.90 | 38.00 | 608,932 |
| Backtest NIGERIAN AVIATION | | | NIGERIAN AVIATION History | Previous |
NIGERIAN AVIATION Trading Date Momentum on December 17, 2024
| On December 17 2024 NIGERIAN AVIATION HANDLING was traded for 38.00 at the closing time. The highest price during the trading period was 38.00 and the lowest recorded bid was listed for 37.90 . The volume for the day was 608.9 K. This history from December 17, 2024 did not cause price change. The trading delta at closing time to the current price is 0.26% . |
Price Boundaries
NIGERIAN AVIATION Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
NIGERIAN AVIATION HANDLING cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian 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.
NIGERIAN AVIATION December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how NIGERIAN AVIATION stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NIGERIAN AVIATION shares will generate the highest return on investment. By undertsting and applying NIGERIAN AVIATION stock market strength indicators, traders can identify NIGERIAN AVIATION HANDLING entry and exit signals to maximize returns
NIGERIAN AVIATION Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NIGERIAN AVIATION's price direction in advance. Along with the technical and fundamental analysis of NIGERIAN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NIGERIAN 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 | 0.0486 | |||
| Jensen Alpha | 0.106 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0157 | |||
| Treynor Ratio | (0.42) |
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Additional Tools for NIGERIAN Stock Analysis
When running NIGERIAN AVIATION's price analysis, check to measure NIGERIAN AVIATION'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 NIGERIAN AVIATION is operating at the current time. Most of NIGERIAN AVIATION's value examination focuses on studying past and present price action to predict the probability of NIGERIAN AVIATION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIGERIAN AVIATION's price. Additionally, you may evaluate how the addition of NIGERIAN AVIATION to your portfolios can decrease your overall portfolio volatility.