NESTLE NIGERIA (Nigeria) Price on July 29, 2024
| NESTLE Stock | 860.00 10.00 1.18% |
If you're considering investing in NESTLE Stock, it is important to understand the factors that can impact its price. As of today, the current price of NESTLE NIGERIA stands at 860.00, as last reported on the 18th of December 2024, with the highest price reaching 860.00 and the lowest price hitting 860.00 during the day. NESTLE NIGERIA PLC has Sharpe Ratio of -0.0827, which conveys that the firm had a -0.0827% return per unit of standard deviation over the last 3 months. NESTLE NIGERIA exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NESTLE NIGERIA's Mean Deviation of 0.1849, risk adjusted performance of (0.06), and Market Risk Adjusted Performance of 1.91 to check out the risk estimate we provide.
NESTLE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NESTLE |
Sharpe Ratio = -0.0827
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| Negative Returns | NESTLE |
Estimated Market Risk
| 0.63 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NESTLE NIGERIA 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 NESTLE NIGERIA by adding NESTLE NIGERIA to a well-diversified portfolio.
NESTLE NIGERIA Valuation on July 29, 2024
It is possible to determine the worth of NESTLE NIGERIA on a given historical date. On July 29, 2024 NESTLE was worth 920.0 at the beginning of the trading date compared to the closed value of 920.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NESTLE NIGERIA stock. Still, in general, we apply an absolute valuation method to find NESTLE NIGERIA'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 NESTLE NIGERIA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NESTLE NIGERIA's related companies.
| Open | High | Low | Close | Volume | |
| 920.00 | 920.00 | 920.00 | 920.00 | 43,889 | |
07/29/2024 | 920.00 | 920.00 | 920.00 | 920.00 | 8,410 |
| 920.00 | 920.00 | 830.00 | 830.00 | 234,118 |
| Backtest NESTLE NIGERIA | | | NESTLE NIGERIA History | Previous | Next |
NESTLE NIGERIA Trading Date Momentum on July 29, 2024
| On July 30 2024 NESTLE NIGERIA PLC was traded for 830.00 at the closing time. The highest price during the trading period was 920.00 and the lowest recorded bid was listed for 830.00 . The volume for the day was 234.1 K. This history from July 30, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 9.78% . The trading delta at closing time to the current price is 11.41% . |
Price Boundaries
NESTLE NIGERIA Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
NESTLE NIGERIA PLC cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian Stock 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.
NESTLE NIGERIA December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how NESTLE NIGERIA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NESTLE NIGERIA shares will generate the highest return on investment. By undertsting and applying NESTLE NIGERIA stock market strength indicators, traders can identify NESTLE NIGERIA PLC entry and exit signals to maximize returns
NESTLE NIGERIA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NESTLE NIGERIA's price direction in advance. Along with the technical and fundamental analysis of NESTLE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NESTLE 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 | (0.06) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | 1.9 |
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Complementary Tools for NESTLE Stock analysis
When running NESTLE NIGERIA's price analysis, check to measure NESTLE NIGERIA'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 NESTLE NIGERIA is operating at the current time. Most of NESTLE NIGERIA's value examination focuses on studying past and present price action to predict the probability of NESTLE NIGERIA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NESTLE NIGERIA's price. Additionally, you may evaluate how the addition of NESTLE NIGERIA to your portfolios can decrease your overall portfolio volatility.
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