Nine Entertainment (Australia) Price on September 26, 2024
| NEC Stock | 1.27 0.01 0.79% |
Below is the normalized historical share price chart for Nine Entertainment Co extending back to December 06, 2013. 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 Nine Entertainment stands at 1.27, as last reported on the 27th of November, with the highest price reaching 1.28 and the lowest price hitting 1.25 during the day.
If you're considering investing in Nine Stock, it is important to understand the factors that can impact its price. Currently, Nine Entertainment Co is very risky. Nine Entertainment has Sharpe Ratio of 0.009, which conveys that the firm had a 0.009% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Nine Entertainment, which you can use to evaluate the volatility of the firm. Please verify Nine Entertainment's Standard Deviation of 1.84, risk adjusted performance of 0.003, and Mean Deviation of 1.36 to check out if the risk estimate we provide is consistent with the expected return of 0.0165%.
Common Stock Shares Outstanding is likely to gain to about 1.7 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 1.3 B in 2024. . Nine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 1.4146 | 50 Day MA 1.2178 | Beta 1.085 |
Nine |
Sharpe Ratio = 0.009
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| Negative Returns | NEC |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nine Entertainment 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 Nine Entertainment by adding Nine Entertainment to a well-diversified portfolio.
Price Book 1.2735 | Enterprise Value Ebitda 7.4194 | Price Sales 0.7658 | Shares Float 1.3 B | Dividend Share 0.085 |
Nine Entertainment Valuation on September 26, 2024
It is possible to determine the worth of Nine Entertainment on a given historical date. On September 26, 2024 Nine was worth 1.28 at the beginning of the trading date compared to the closed value of 1.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nine Entertainment stock. Still, in general, we apply an absolute valuation method to find Nine Entertainment'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 Nine Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nine Entertainment's related companies.
| Open | High | Low | Close | Volume | |
| 1.25 | 1.28 | 1.25 | 1.26 | 4,460,247 | |
09/26/2024 | 1.28 | 1.34 | 1.27 | 1.33 | 5,121,059 |
| 1.33 | 1.35 | 1.29 | 1.30 | 2,464,014 |
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Nine Entertainment Trading Date Momentum on September 26, 2024
| On September 27 2024 Nine Entertainment Co was traded for 1.30 at the closing time. The maximum traded price for the trading interval was 1.35 and the lowest daily price was 1.29 . The daily volume was recorded at 2.5 M. The volume of trading on 27th of September 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.26% . The trading delta at closing time to the closing price today is 6.77% . |
Nine Entertainment Fundamentals Correlations and Trends
By evaluating Nine Entertainment'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 Nine Entertainment's 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 Entertainment Stock history
Nine Entertainment 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 Entertainment 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 Entertainment stock prices may prove useful in developing a viable investing in Nine Entertainment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.6 B | 1.7 B | |
| Net Income Applicable To Common Shares | 209.1 M | 219.5 M |
Nine Entertainment Stock Technical Analysis
Nine Entertainment 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
Nine Entertainment Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nine Entertainment Co cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Nine Entertainment November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nine Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nine Entertainment shares will generate the highest return on investment. By undertsting and applying Nine Entertainment stock market strength indicators, traders can identify Nine Entertainment Co entry and exit signals to maximize returns
Nine Entertainment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nine Entertainment's price direction in advance. Along with the technical and fundamental analysis of Nine Stock 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 | 0.003 | |||
| Jensen Alpha | 0.0353 | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 0.0391 |
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Additional Tools for Nine Stock Analysis
When running Nine Entertainment's price analysis, check to measure Nine Entertainment'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 Nine Entertainment is operating at the current time. Most of Nine Entertainment's value examination focuses on studying past and present price action to predict the probability of Nine Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Entertainment's price. Additionally, you may evaluate how the addition of Nine Entertainment to your portfolios can decrease your overall portfolio volatility.