Nine Entertainment (Germany) Price on September 30, 2024
| NEE Stock | EUR 0.75 0.08 11.94% |
If you're considering investing in Nine Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nine Entertainment stands at 0.75, as last reported on the 2nd of December, with the highest price reaching 0.75 and the lowest price hitting 0.75 during the day. Nine Entertainment appears to be out of control, given 3 months investment horizon. Nine Entertainment has Sharpe Ratio of 0.0588, which conveys that the firm had a 0.0588% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nine Entertainment, which you can use to evaluate the volatility of the firm. Please exercise Nine Entertainment's Downside Deviation of 6.87, risk adjusted performance of 0.0587, and Mean Deviation of 4.39 to check out if our risk estimates are consistent with your expectations.
Nine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nine |
Sharpe Ratio = 0.0588
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Estimated Market Risk
| 6.75 actual daily | 60 60% of assets are less volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Nine Entertainment 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 Entertainment by adding it to a well-diversified portfolio.
Nine Entertainment Valuation on September 30, 2024
It is possible to determine the worth of Nine Entertainment on a given historical date. On September 30, 2024 Nine was worth 0.68 at the beginning of the trading date compared to the closed value of 0.67. 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 | |
| 0.69 | 0.69 | 0.69 | 0.69 | 615.00 | |
09/30/2024 | 0.68 | 0.68 | 0.67 | 0.67 | 615.00 |
| 0.67 | 0.77 | 0.67 | 0.77 | 615.00 |
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Nine Entertainment Trading Date Momentum on September 30, 2024
| On October 01 2024 Nine Entertainment Co was traded for 0.77 at the closing time. The highest daily price throughout the period was 0.77 and the lowest price was 0.67 . The daily volume was 615. The net trading volume on 10/01/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 14.93% . The trading delta at closing time to current closing price is 10.45% . |
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
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 | December 2, 2024
| High |
0.00 | 0.00 |
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Nine Entertainment December 2, 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 | 0.0587 | |||
| Jensen Alpha | 0.0557 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.0436 | |||
| Treynor Ratio | 0.1467 |
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| Math Transform | ||
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| Pattern Recognition | ||
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| Volume Indicators |
Complementary 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.
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