Nanoco Group (UK) Price on September 11, 2024
| NANO Stock | 14.94 1.20 8.73% |
If you're considering investing in Nanoco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nanoco Group stands at 14.94, as last reported on the 29th of November, with the highest price reaching 14.94 and the lowest price hitting 13.27 during the day. Nanoco Group appears to be somewhat reliable, given 3 months investment horizon. Nanoco Group plc has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of risk over the last 3 months. By analyzing Nanoco Group's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please exercise Nanoco Group's Risk Adjusted Performance of 0.1863, downside deviation of 2.49, and Mean Deviation of 2.75 to check out if our risk estimates are consistent with your expectations.
Nanoco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nanoco |
Sharpe Ratio = 0.2447
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Estimated Market Risk
| 3.49 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.85 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Nanoco Group is performing at about 19% 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 Nanoco Group by adding it to a well-diversified portfolio.
Nanoco Group Valuation on September 11, 2024
It is possible to determine the worth of Nanoco Group on a given historical date. On September 11, 2024 Nanoco was worth 9.7 at the beginning of the trading date compared to the closed value of 10.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nanoco Group stock. Still, in general, we apply an absolute valuation method to find Nanoco Group'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 Nanoco Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nanoco Group's related companies.
| Open | High | Low | Close | Volume | |
| 9.55 | 9.70 | 9.46 | 9.70 | 687,916 | |
09/11/2024 | 9.70 | 10.40 | 9.53 | 10.40 | 4,134,981 |
| 10.20 | 12.00 | 10.20 | 11.22 | 2,096,292 |
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Nanoco Group Trading Date Momentum on September 11, 2024
| On September 12 2024 Nanoco Group plc was traded for 11.22 at the closing time. The highest price during the trading period was 12.00 and the lowest recorded bid was listed for 10.20 . The volume for the day was 2.1 M. This history from September 12, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 7.88% . The trading delta at closing time to the current price is 18.27% . |
Nanoco Group plc Fundamentals Correlations and Trends
By evaluating Nanoco Group'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 Nanoco Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nanoco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nanoco Group Stock history
Nanoco Group 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 Nanoco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nanoco Group plc 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 Nanoco Group stock prices may prove useful in developing a viable investing in Nanoco Group
Nanoco Group Stock Technical Analysis
Nanoco Group 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
Nanoco Group Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Nanoco Group November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Nanoco Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nanoco Group shares will generate the highest return on investment. By undertsting and applying Nanoco Group stock market strength indicators, traders can identify Nanoco Group plc entry and exit signals to maximize returns
Nanoco Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nanoco Group's price direction in advance. Along with the technical and fundamental analysis of Nanoco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nanoco 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 | 0.1863 | |||
| Jensen Alpha | 0.7831 | |||
| Total Risk Alpha | 0.2765 | |||
| Sortino Ratio | 0.2751 | |||
| Treynor Ratio | 5.41 |
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Additional Tools for Nanoco Stock Analysis
When running Nanoco Group's price analysis, check to measure Nanoco Group'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 Nanoco Group is operating at the current time. Most of Nanoco Group's value examination focuses on studying past and present price action to predict the probability of Nanoco Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanoco Group's price. Additionally, you may evaluate how the addition of Nanoco Group to your portfolios can decrease your overall portfolio volatility.