Nishi Nippon (Germany) Price on November 20, 2024
NNR Stock | EUR 14.10 0.10 0.71% |
If you're considering investing in Nishi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nishi Nippon stands at 14.10, as last reported on the 29th of November, with the highest price reaching 14.10 and the lowest price hitting 14.10 during the day. Nishi Nippon Railroad has Sharpe Ratio of -0.0272, which conveys that the firm had a -0.0272% return per unit of risk over the last 3 months. Nishi Nippon exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nishi Nippon's Mean Deviation of 0.8706, standard deviation of 1.33, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
Nishi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nishi |
Sharpe Ratio = -0.0272
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Estimated Market Risk
1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nishi Nippon 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 Nishi Nippon by adding Nishi Nippon to a well-diversified portfolio.
Nishi Nippon Valuation on November 20, 2024
It is possible to determine the worth of Nishi Nippon on a given historical date. On November 20, 2024 Nishi was worth 14.1 at the beginning of the trading date compared to the closed value of 14.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nishi Nippon stock. Still, in general, we apply an absolute valuation method to find Nishi Nippon'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 Nishi Nippon where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nishi Nippon's related companies.
Open | High | Low | Close | Volume | |
14.50 | 14.50 | 14.50 | 14.50 | 1.00 | |
11/20/2024 | 14.10 | 14.10 | 14.10 | 14.10 | 1.00 |
14.30 | 14.30 | 14.30 | 14.30 | 1.00 |
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Nishi Nippon Trading Date Momentum on November 20, 2024
On November 21 2024 Nishi Nippon Railroad Co was traded for 14.30 at the closing time. The highest daily price throughout the period was 14.30 and the lowest price was 14.30 . There was no trading activity during the period 1.0. Lack of trading volume on 11/21/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 1.42% . The trading delta at closing time to current closing price is 0.00% . |
Nishi Nippon Railroad Fundamentals Correlations and Trends
By evaluating Nishi Nippon'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 Nishi Nippon's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nishi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nishi Nippon Stock history
Nishi Nippon 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 Nishi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nishi Nippon Railroad 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 Nishi Nippon stock prices may prove useful in developing a viable investing in Nishi Nippon
Nishi-Nippon Railroad Co., Ltd. primarily engages in the transportation business in Japan. Nishi-Nippon Railroad Co., Ltd. was founded in 1908 and is headquartered in Fukuoka, Japan. NISHI NIPPON is traded on Frankfurt Stock Exchange in Germany.
Nishi Nippon Stock Technical Analysis
Nishi Nippon 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
Nishi Nippon Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Nishi Nippon Railroad Co cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Nishi Nippon November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Nishi Nippon stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nishi Nippon shares will generate the highest return on investment. By undertsting and applying Nishi Nippon stock market strength indicators, traders can identify Nishi Nippon Railroad Co entry and exit signals to maximize returns
Nishi Nippon Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nishi Nippon's price direction in advance. Along with the technical and fundamental analysis of Nishi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nishi 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 | (0.04) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 0.3337 |
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Complementary Tools for Nishi Stock analysis
When running Nishi Nippon's price analysis, check to measure Nishi Nippon'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 Nishi Nippon is operating at the current time. Most of Nishi Nippon's value examination focuses on studying past and present price action to predict the probability of Nishi Nippon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nishi Nippon's price. Additionally, you may evaluate how the addition of Nishi Nippon to your portfolios can decrease your overall portfolio volatility.
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