Nano Dimension Stock Price on November 15, 2023

NNDM Stock  USD 2.16  0.05  2.26%   
Below is the normalized historical share price chart for Nano Dimension extending back to September 09, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nano Dimension stands at 2.16, as last reported on the 29th of November, with the highest price reaching 2.24 and the lowest price hitting 2.15 during the day.
IPO Date
7th of January 2016
200 Day MA
2.4291
50 Day MA
2.2652
Beta
1.662
 
Yuan Drop
 
Covid
If you're considering investing in Nano Stock, it is important to understand the factors that can impact its price. As of now, Nano Stock is slightly risky. Nano Dimension has Sharpe Ratio of 0.0319, which conveys that the firm had a 0.0319% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nano Dimension, which you can use to evaluate the volatility of the firm. Please verify Nano Dimension's Risk Adjusted Performance of 0.0097, downside deviation of 2.46, and Mean Deviation of 2.08 to check out if the risk estimate we provide is consistent with the expected return of 0.0869%.
  
At this time, Nano Dimension's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Total Stockholder Equity is likely to grow to about 1.1 B, while Capital Stock is likely to drop about 264.5 M. . As of the 29th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.15, while Price To Sales Ratio is likely to drop 10.04. Nano Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0319

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Estimated Market Risk

 2.73
  actual daily
24
76% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Nano Dimension is performing at about 2% 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 Nano Dimension by adding it to a well-diversified portfolio.
Price Book
0.5591
Enterprise Value Ebitda
4.759
Price Sales
8.8155
Shares Float
193.7 M
Wall Street Target Price
10

Related Headline

HP Headline on 15th of November 2023

Filed transaction by Hp Inc officer. General open market or private sale of non-derivative or derivative security

Nano Dimension Valuation on November 15, 2023

It is possible to determine the worth of Nano Dimension on a given historical date. On November 15, 2023 Nano was worth 2.5 at the beginning of the trading date compared to the closed value of 2.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nano Dimension stock. Still, in general, we apply an absolute valuation method to find Nano Dimension'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 Nano Dimension where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nano Dimension's related companies.
 Open High Low Close Volume
  2.45    2.50    2.42    2.50    1,560,026  
11/15/2023
  2.50    2.58    2.49    2.54    1,464,244  
  2.48    2.50    2.40    2.42    1,182,785  
Backtest Nano Dimension  |  Nano Dimension History  |  Nano Dimension Valuation   PreviousNext  
Open Value
2.5
2.54
Closing Value
10.69
Upside

Nano Dimension Trading Date Momentum on November 15, 2023

On November 16 2023 Nano Dimension was traded for  2.42  at the closing time. The top price for the day was 2.50  and the lowest listed price was  2.40 . The trading volume for the day was 1.2 M. The trading history from November 16, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.72% . The trading delta at closing time against the current closing price is 3.54% .

Nano Dimension Fundamentals Correlations and Trends

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

About Nano Dimension Stock history

Nano Dimension 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 Nano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nano Dimension 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 Nano Dimension stock prices may prove useful in developing a viable investing in Nano Dimension
Last ReportedProjected for Next Year
Common Stock Shares Outstanding248.1 M260.5 M
Net Loss-204.7 M-194.4 M

Nano Dimension Quarterly Net Working Capital

769.8 Million

Nano Dimension Stock Technical Analysis

Nano Dimension 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 Nano Dimension technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nano Dimension 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

Nano Dimension Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nano Dimension cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Nano Dimension November 29, 2024 Market Strength

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

Nano Dimension Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nano Dimension's price direction in advance. Along with the technical and fundamental analysis of Nano Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nano 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.
When determining whether Nano Dimension is a strong investment it is important to analyze Nano Dimension's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nano Dimension's future performance. For an informed investment choice regarding Nano Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano Dimension. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
To learn how to invest in Nano Stock, please use our How to Invest in Nano Dimension guide.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nano Dimension. If investors know Nano will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nano Dimension listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.62)
Revenue Per Share
0.24
Quarterly Revenue Growth
0.017
Return On Assets
(0.06)
Return On Equity
(0.15)
The market value of Nano Dimension is measured differently than its book value, which is the value of Nano that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Dimension's value that differs from its market value or its book value, called intrinsic value, which is Nano Dimension's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nano Dimension's market value can be influenced by many factors that don't directly affect Nano Dimension's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nano Dimension's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Dimension is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Dimension's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.