NIPPON MEAT (Germany) Price on July 24, 2024

NI6 Stock  EUR 31.60  0.20  0.64%   
If you're considering investing in NIPPON Stock, it is important to understand the factors that can impact its price. As of today, the current price of NIPPON MEAT stands at 31.60, as last reported on the 27th of November, with the highest price reaching 31.60 and the lowest price hitting 31.60 during the day. NIPPON MEAT PACKERS has Sharpe Ratio of -0.0685, which conveys that the firm had a -0.0685% return per unit of volatility over the last 3 months. NIPPON MEAT exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NIPPON MEAT's mean deviation of 0.9446, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
  
NIPPON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0685

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Estimated Market Risk

 1.59
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average NIPPON MEAT 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 NIPPON MEAT by adding NIPPON MEAT to a well-diversified portfolio.

NIPPON MEAT Valuation on July 24, 2024

It is possible to determine the worth of NIPPON MEAT on a given historical date. On July 24, 2024 NIPPON was worth 28.8 at the beginning of the trading date compared to the closed value of 28.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NIPPON MEAT stock. Still, in general, we apply an absolute valuation method to find NIPPON MEAT'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 NIPPON MEAT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NIPPON MEAT's related companies.
 Open High Low Close Volume
  28.60    28.60    28.60    28.60    32.00  
07/24/2024
  28.80    28.80    28.80    28.80    32.00  
  29.40    29.40    29.40    29.40    32.00  
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Open Value
28.8
28.8
Closing Value
33.58
Upside

NIPPON MEAT Trading Date Momentum on July 24, 2024

On July 25 2024 NIPPON MEAT PACKERS was traded for  29.40  at the closing time. The maximum traded price for the trading interval was 29.40  and the lowest daily price was  29.40 . The daily volume was recorded at 32.0. The volume of trading on 25th of July 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 2.08% . The trading delta at closing time to the closing price today is 4.17% .

NIPPON MEAT PACKERS Fundamentals Correlations and Trends

By evaluating NIPPON MEAT'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 NIPPON MEAT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NIPPON financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NIPPON MEAT Stock history

NIPPON MEAT 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 NIPPON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NIPPON MEAT PACKERS 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 NIPPON MEAT stock prices may prove useful in developing a viable investing in NIPPON MEAT

NIPPON MEAT Stock Technical Analysis

NIPPON MEAT 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.
A focus of NIPPON MEAT technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NIPPON MEAT trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

NIPPON MEAT Period Price Range

Low
November 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

NIPPON MEAT PACKERS cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin 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.

NIPPON MEAT November 27, 2024 Market Strength

Market strength indicators help investors to evaluate how NIPPON MEAT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NIPPON MEAT shares will generate the highest return on investment. By undertsting and applying NIPPON MEAT stock market strength indicators, traders can identify NIPPON MEAT PACKERS entry and exit signals to maximize returns

NIPPON MEAT Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NIPPON MEAT's price direction in advance. Along with the technical and fundamental analysis of NIPPON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NIPPON 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.

Complementary Tools for NIPPON Stock analysis

When running NIPPON MEAT's price analysis, check to measure NIPPON MEAT'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 NIPPON MEAT is operating at the current time. Most of NIPPON MEAT's value examination focuses on studying past and present price action to predict the probability of NIPPON MEAT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIPPON MEAT's price. Additionally, you may evaluate how the addition of NIPPON MEAT to your portfolios can decrease your overall portfolio volatility.
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