Nidec Stock Price on November 27, 2023
| NNDNF Stock | USD 18.30 0.67 3.80% |
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 18.30, as last reported on the 18th of December 2024, with the highest price reaching 18.30 and the lowest price hitting 18.24 during the day. At this point, Nidec is slightly risky. Nidec has Sharpe Ratio of 0.0112, which conveys that the firm had a 0.0112% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nidec, which you can use to evaluate the volatility of the firm. Please verify Nidec's Risk Adjusted Performance of 0.0499, mean deviation of 7.99, and Downside Deviation of 12.32 to check out if the risk estimate we provide is consistent with the expected return of 0.0937%.
Nidec Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nidec |
Sharpe Ratio = 0.0112
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| Cash | Small Risk | Average Risk | High Risk | NNDNF |
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Estimated Market Risk
| 8.39 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
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 November 27, 2023
It is possible to determine the worth of Nidec on a given historical date. On November 27, 2023 Nidec was worth 18.29 at the beginning of the trading date compared to the closed value of 18.87. 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 | |
| 18.34 | 19.03 | 18.34 | 18.87 | 5,218 | |
11/27/2023 | 18.29 | 19.02 | 18.29 | 18.87 | 15,484 |
| 18.01 | 18.49 | 18.01 | 18.49 | 13,946 |
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Nidec Trading Date Momentum on November 27, 2023
| On November 28 2023 Nidec was traded for 18.49 at the closing time. The highest daily price throughout the period was 18.49 and the lowest price was 18.01 . The daily volume was 13.9 K. The net trading volume on 11/28/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.01% . The trading delta at closing time to current closing price is 7.15% . |
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. Nippon Corp 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 | December 18, 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 December 18, 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 | 0.0499 | |||
| Jensen Alpha | 1.17 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0689 | |||
| Treynor Ratio | (0.20) |
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| Volume Indicators |
Complementary Tools for Nidec Pink Sheet analysis
When running Nidec's price analysis, check to measure Nidec'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 Nidec is operating at the current time. Most of Nidec's value examination focuses on studying past and present price action to predict the probability of Nidec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nidec's price. Additionally, you may evaluate how the addition of Nidec to your portfolios can decrease your overall portfolio volatility.
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