Nidec Price on February 6, 2023
NJDCYDelisted Stock | USD 13.60 0.07 0.51% |
If you're considering investing in Nidec Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nidec stands at 13.60, as last reported on the 30th of November, with the highest price reaching 13.67 and the lowest price hitting 13.57 during the day. We have found twenty-four technical indicators for Nidec, which you can use to evaluate the volatility of the firm. Please verify Nidec's Risk Adjusted Performance of (0.11), standard deviation of 1.84, and Mean Deviation of 1.47 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
Nidec Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nidec |
Sharpe Ratio = 0.0
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
NJDCY |
Based on monthly moving average Nidec 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 Nidec by adding Nidec to a well-diversified portfolio.
Nidec Valuation on February 6, 2023
It is possible to determine the worth of Nidec on a given historical date. On February 6, 2023 Nidec was worth 13.72 at the beginning of the trading date compared to the closed value of 13.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nidec pink sheet. Still, in general, we apply an absolute valuation method to find Nidec'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 Nidec where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nidec's related companies.
Open | High | Low | Close | Volume | |
13.95 | 13.95 | 13.79 | 13.85 | 310,937 | |
02/06/2023 | 13.72 | 13.89 | 13.71 | 13.73 | 1,874,894 |
13.78 | 14.03 | 13.71 | 14.02 | 1,253,220 |
Backtest Nidec | | | Nidec History | | | Nidec Valuation | Previous | Next |
Nidec Trading Date Momentum on February 6, 2023
On February 07 2023 Nidec was traded for 14.02 at the closing time. The highest daily price throughout the period was 14.03 and the lowest price was 13.71 . The daily volume was 1.3 M. The net trading volume on 02/07/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 2.11% . The trading delta at closing time to current closing price is 0.44% . |
Nidec Fundamentals Correlations and Trends
By evaluating Nidec'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 Nidec's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nidec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nidec Pink Sheet history
Nidec 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 Nidec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nidec 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 Nidec stock prices may prove useful in developing a viable investing in Nidec
Nidec Corporation, together with its subsidiaries, develops, manufactures, and sells motors, electronics and optical components, and other related products in Japan and internationally. The company was incorporated in 1973 and is headquartered in Kyoto, Japan. Nihon Densan operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 114371 people.
Nidec Pink Sheet Technical Analysis
Nidec technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Nidec Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Nidec cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Nidec November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Nidec pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nidec shares will generate the highest return on investment. By undertsting and applying Nidec pink sheet market strength indicators, traders can identify Nidec entry and exit signals to maximize returns
Nidec Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nidec's price direction in advance. Along with the technical and fundamental analysis of Nidec Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nidec 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 | (0.11) | |||
Jensen Alpha | (0.30) | |||
Total Risk Alpha | (0.60) | |||
Treynor Ratio | (3.30) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Other Consideration for investing in Nidec Pink Sheet
If you are still planning to invest in Nidec check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nidec's history and understand the potential risks before investing.
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |