NESTLE NIGERIA (Nigeria) Price on September 24, 2024
| NESTLE Stock | 975.00 0.00 0.00% |
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 975.00, as last reported on the 7th of March, with the highest price reaching 975.00 and the lowest price hitting 975.00 during the day. NESTLE NIGERIA appears to be out of control, given 3 months investment horizon. NESTLE NIGERIA PLC has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2 % return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for NESTLE NIGERIA, which you can use to evaluate the volatility of the firm. Please exercise NESTLE NIGERIA's Market Risk Adjusted Performance of (2.02), risk adjusted performance of 0.1585, and Mean Deviation of 0.4262 to check out if our risk estimates are consistent with your expectations.
NESTLE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NESTLE |
Sharpe Ratio = 0.1986
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Estimated Market Risk
| 1.17 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average NESTLE NIGERIA is performing at about 15% 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 NESTLE NIGERIA by adding it to a well-diversified portfolio.
NESTLE NIGERIA Valuation on September 24, 2024
It is possible to determine the worth of NESTLE NIGERIA on a given historical date. On September 24, 2024 NESTLE was worth 890.0 at the beginning of the trading date compared to the closed value of 890.0. 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 | |
| 890.00 | 890.00 | 890.00 | 890.00 | 25,102 | |
09/24/2024 | 890.00 | 890.00 | 890.00 | 890.00 | 43,336 |
| 890.00 | 890.00 | 890.00 | 890.00 | 2,881 |
| Backtest NESTLE NIGERIA | | | NESTLE NIGERIA History | Previous | Next |
NESTLE NIGERIA Trading Date Momentum on September 24, 2024
| On September 25 2024 NESTLE NIGERIA PLC was traded for 890.00 at the closing time. The highest price during the trading period was 890.00 and the lowest recorded bid was listed for 890.00 . The volume for the day was 2.9 K. This history from September 25, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Price Boundaries
NESTLE NIGERIA Period Price Range
Low | March 7, 2025
| 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 March 7, 2025 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 | 0.1585 | |||
| Jensen Alpha | 0.2084 | |||
| Total Risk Alpha | 0.3464 | |||
| Treynor Ratio | (2.03) |
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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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