Nippon Sharyo (Germany) Price on December 11, 2024
| NIP Stock | EUR 13.90 0.20 1.42% |
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 Sharyo stands at 13.90, as last reported on the 12th of December 2024, with the highest price reaching 13.90 and the lowest price hitting 13.90 during the day. Currently, Nippon Sharyo is very steady. Nippon Sharyo has Sharpe Ratio of 0.0828, which conveys that the firm had a 0.0828% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nippon Sharyo, which you can use to evaluate the volatility of the firm. Please verify Nippon Sharyo's Risk Adjusted Performance of 0.0692, downside deviation of 1.49, and Mean Deviation of 0.9836 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
Nippon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nippon |
Sharpe Ratio = 0.0828
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Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nippon Sharyo is performing at about 6% 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 Nippon Sharyo by adding it to a well-diversified portfolio.
Nippon Sharyo Valuation on December 11, 2024
It is possible to determine the worth of Nippon Sharyo on a given historical date. On December 11, 2024 Nippon was worth 13.9 at the beginning of the trading date compared to the closed value of 13.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nippon Sharyo stock. Still, in general, we apply an absolute valuation method to find Nippon Sharyo'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 Sharyo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nippon Sharyo's related companies.
| Open | High | Low | Close | Volume | |
| 14.10 | 14.10 | 14.10 | 14.10 | 1.00 | |
12/11/2024 | 13.90 | 13.90 | 13.90 | 13.90 | 1.00 |
| 13.90 | 13.90 | 13.90 | 13.90 | 0.00 |
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Nippon Sharyo Trading Date Momentum on December 11, 2024
| On December 12 2024 Nippon Sharyo was traded for 13.90 at the closing time. The maximum traded price for the trading interval was 13.90 and the lowest daily price was 13.90 . There was no trading activity during the period 0.0. Lack of trading volume on 12th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
Nippon Sharyo Fundamentals Correlations and Trends
By evaluating Nippon Sharyo'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 Sharyo'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 Sharyo Stock history
Nippon Sharyo 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 Sharyo 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 Sharyo stock prices may prove useful in developing a viable investing in Nippon Sharyo
Nippon Sharyo, Ltd. manufactures and sells railway rolling stock, transportation equipment, steel structures, construction equipment, and engineering equipment in Japan, the United States, Asia, and internationally. Nippon Sharyo, Ltd. is a subsidiary of Central Japan Railway Company. NIPPON SHARYO operates under Diversified Industrials classification in Germany and is traded on Munich Stock Exchange. It employs 2056 people.
Nippon Sharyo Stock Technical Analysis
Nippon Sharyo 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
Nippon Sharyo Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Nippon Sharyo cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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 Sharyo December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Nippon Sharyo 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 Sharyo shares will generate the highest return on investment. By undertsting and applying Nippon Sharyo stock market strength indicators, traders can identify Nippon Sharyo entry and exit signals to maximize returns
Nippon Sharyo Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nippon Sharyo'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.
| Risk Adjusted Performance | 0.0692 | |||
| Jensen Alpha | 0.0942 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.7072 |
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Additional Tools for Nippon Stock Analysis
When running Nippon Sharyo's price analysis, check to measure Nippon Sharyo'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 Sharyo is operating at the current time. Most of Nippon Sharyo's value examination focuses on studying past and present price action to predict the probability of Nippon Sharyo'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 Sharyo's price. Additionally, you may evaluate how the addition of Nippon Sharyo to your portfolios can decrease your overall portfolio volatility.