Nine Dragons Paper Stock Price on October 4, 2024
| NDGPY Stock | USD 7.78 0.00 0.00% |
If you're considering investing in Nine Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nine Dragons stands at 7.78, as last reported on the 27th of November, with the highest price reaching 7.78 and the lowest price hitting 7.78 during the day. Nine Dragons appears to be moderately volatile, given 3 months investment horizon. Nine Dragons Paper has Sharpe Ratio of 0.0598, which conveys that the firm had a 0.0598% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Nine Dragons, which you can use to evaluate the volatility of the firm. Please exercise Nine Dragons' Mean Deviation of 2.44, risk adjusted performance of 0.0534, and Downside Deviation of 8.15 to check out if our risk estimates are consistent with your expectations.
Nine Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nine |
Sharpe Ratio = 0.0598
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 5.82 actual daily | 51 51% of assets are less volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Nine Dragons is performing at about 4% 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 Nine Dragons by adding it to a well-diversified portfolio.
Nine Dragons Valuation on October 4, 2024
It is possible to determine the worth of Nine Dragons on a given historical date. On October 4, 2024 Nine was worth 11.0 at the beginning of the trading date compared to the closed value of 10.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nine Dragons pink sheet. Still, in general, we apply an absolute valuation method to find Nine Dragons' 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 Nine Dragons where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nine Dragons' related companies.
| Open | High | Low | Close | Volume | |
| 10.75 | 10.75 | 10.75 | 10.75 | 500.00 | |
10/04/2024 | 11.00 | 11.00 | 10.50 | 10.84 | 7,600 |
| 11.10 | 11.10 | 11.10 | 11.10 | 2,205 |
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Nine Dragons Trading Date Momentum on October 4, 2024
| On October 07 2024 Nine Dragons Paper was traded for 11.10 at the closing time. The highest daily price throughout the period was 11.10 and the lowest price was 11.10 . The daily volume was 2.2 K. The net trading volume on 10/07/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.40% . The trading delta at closing time to current closing price is 12.55% . |
Nine Dragons Paper Fundamentals Correlations and Trends
By evaluating Nine Dragons' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nine Dragons' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nine Dragons Pink Sheet history
Nine Dragons 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 Nine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nine Dragons Paper 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 Nine Dragons stock prices may prove useful in developing a viable investing in Nine Dragons
Nine Dragons Paper Limited, together with its subsidiaries, manufactures and sells packaging paper, recycled printing and writing paper, and specialty paper and pulp products in the Peoples Republic of China. Nine Dragons Paper Limited is a subsidiary of Best Result Holdings Limited. Nine Dragons is traded on OTC Exchange in the United States.
Nine Dragons Pink Sheet Technical Analysis
Nine Dragons 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
Nine Dragons Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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Nine Dragons November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nine Dragons 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 Nine Dragons shares will generate the highest return on investment. By undertsting and applying Nine Dragons pink sheet market strength indicators, traders can identify Nine Dragons Paper entry and exit signals to maximize returns
Nine Dragons Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nine Dragons' price direction in advance. Along with the technical and fundamental analysis of Nine Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nine 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 | 0.0534 | |||
| Jensen Alpha | 0.4018 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | 0.025 | |||
| Treynor Ratio | (0.48) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Nine Pink Sheet Analysis
When running Nine Dragons' price analysis, check to measure Nine Dragons' 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 Nine Dragons is operating at the current time. Most of Nine Dragons' value examination focuses on studying past and present price action to predict the probability of Nine Dragons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Dragons' price. Additionally, you may evaluate how the addition of Nine Dragons to your portfolios can decrease your overall portfolio volatility.