NORTHERN NIGERIA (Nigeria) Price on August 1, 2024
| NNFM Stock | 40.05 0.05 0.12% |
If you're considering investing in NORTHERN Stock, it is important to understand the factors that can impact its price. As of today, the current price of NORTHERN NIGERIA stands at 40.05, as last reported on the 19th of December, with the highest price reaching 40.05 and the lowest price hitting 40.05 during the day. NORTHERN NIGERIA appears to be not too volatile, given 3 months investment horizon. NORTHERN NIGERIA FLOUR has Sharpe Ratio of 0.0796, which conveys that the firm had a 0.0796% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for NORTHERN NIGERIA, which you can use to evaluate the volatility of the firm. Please exercise NORTHERN NIGERIA's Mean Deviation of 1.53, risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.1812 to check out if our risk estimates are consistent with your expectations.
NORTHERN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NORTHERN |
Sharpe Ratio = 0.0796
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Estimated Market Risk
| 3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average NORTHERN NIGERIA 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 NORTHERN NIGERIA by adding it to a well-diversified portfolio.
NORTHERN NIGERIA Valuation on August 1, 2024
It is possible to determine the worth of NORTHERN NIGERIA on a given historical date. On August 1, 2024 NORTHERN was worth 48.3 at the beginning of the trading date compared to the closed value of 48.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NORTHERN NIGERIA stock. Still, in general, we apply an absolute valuation method to find NORTHERN NIGERIA'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 NORTHERN NIGERIA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NORTHERN NIGERIA's related companies.
| Open | High | Low | Close | Volume | |
| 48.30 | 48.30 | 48.30 | 48.30 | 18.00 | |
08/01/2024 | 48.30 | 48.30 | 48.30 | 48.30 | 13,096 |
| 48.30 | 48.30 | 48.30 | 48.30 | 29,414 |
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NORTHERN NIGERIA Trading Date Momentum on August 1, 2024
| On August 02 2024 NORTHERN NIGERIA FLOUR was traded for 48.30 at the closing time. The highest price during the trading period was 48.30 and the lowest recorded bid was listed for 48.30 . The volume for the day was 29.4 K. This history from August 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
Price Boundaries
NORTHERN NIGERIA Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
NORTHERN NIGERIA FLOUR cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian Stock 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.
NORTHERN NIGERIA December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how NORTHERN NIGERIA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NORTHERN NIGERIA shares will generate the highest return on investment. By undertsting and applying NORTHERN NIGERIA stock market strength indicators, traders can identify NORTHERN NIGERIA FLOUR entry and exit signals to maximize returns
NORTHERN NIGERIA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NORTHERN NIGERIA's price direction in advance. Along with the technical and fundamental analysis of NORTHERN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NORTHERN 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.