Nabtesco Stock Price on February 22, 2024
| NCTKY Stock | USD 9.93 0.30 3.12% |
If you're considering investing in Nabtesco OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nabtesco stands at 9.93, as last reported on the 23rd of December, with the highest price reaching 9.93 and the lowest price hitting 9.93 during the day. Nabtesco appears to be unstable, given 3 months investment horizon. Nabtesco has Sharpe Ratio of 0.0906, which conveys that the firm had a 0.0906% return per unit of risk over the last 3 months. By analyzing Nabtesco's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise Nabtesco's Risk Adjusted Performance of 0.0804, downside deviation of 9.97, and Mean Deviation of 4.78 to check out if our risk estimates are consistent with your expectations.
Nabtesco OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nabtesco |
Sharpe Ratio = 0.0906
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Estimated Market Risk
| 9.27 actual daily | 82 82% of assets are less volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Nabtesco 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 Nabtesco by adding it to a well-diversified portfolio.
Nabtesco Valuation on February 22, 2024
It is possible to determine the worth of Nabtesco on a given historical date. On February 22, 2024 Nabtesco was worth 8.16 at the beginning of the trading date compared to the closed value of 8.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nabtesco otc stock. Still, in general, we apply an absolute valuation method to find Nabtesco'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 Nabtesco where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nabtesco's related companies.
| Open | High | Low | Close | Volume | |
| 8.53 | 8.53 | 8.53 | 8.53 | 524.00 | |
02/22/2024 | 8.16 | 8.16 | 8.16 | 8.16 | 784.00 |
| 8.84 | 8.84 | 8.84 | 8.84 | 159.00 |
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Nabtesco Trading Date Momentum on February 22, 2024
| On February 23 2024 Nabtesco was traded for 8.84 at the closing time. The highest daily price throughout the period was 8.84 and the lowest price was 8.84 . The daily volume was 159. The net trading volume on 02/23/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 8.33% . The trading delta at closing time to current closing price is 3.43% . |
Nabtesco Fundamentals Correlations and Trends
By evaluating Nabtesco'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 Nabtesco's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nabtesco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nabtesco OTC Stock history
Nabtesco 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 Nabtesco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nabtesco 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 Nabtesco stock prices may prove useful in developing a viable investing in Nabtesco
Nabtesco Corporation manufactures and sells equipment in the industrial, daily life, and environmental fields in Japan and internationally. Nabtesco Corporation was incorporated in 2003 and is headquartered in Tokyo, Japan. Nabtesco Corp operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 7844 people.
Nabtesco OTC Stock Technical Analysis
Nabtesco technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Nabtesco Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Nabtesco cannot be verified against its exchange. Please verify the symbol is currently traded on OTCGREY 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.
Nabtesco December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Nabtesco otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nabtesco shares will generate the highest return on investment. By undertsting and applying Nabtesco otc stock market strength indicators, traders can identify Nabtesco entry and exit signals to maximize returns
Nabtesco Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nabtesco's price direction in advance. Along with the technical and fundamental analysis of Nabtesco OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nabtesco 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 | 0.0804 | |||
| Jensen Alpha | 0.8284 | |||
| Total Risk Alpha | 0.5601 | |||
| Sortino Ratio | 0.0798 | |||
| Treynor Ratio | (1.71) |
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Additional Tools for Nabtesco OTC Stock Analysis
When running Nabtesco's price analysis, check to measure Nabtesco'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 Nabtesco is operating at the current time. Most of Nabtesco's value examination focuses on studying past and present price action to predict the probability of Nabtesco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabtesco's price. Additionally, you may evaluate how the addition of Nabtesco to your portfolios can decrease your overall portfolio volatility.