Nippon Sheet Glass Stock Price on August 1, 2023
| NPSGY Stock | USD 2.50 0.00 0.00% |
If you're considering investing in Nippon Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nippon Sheet stands at 2.50, as last reported on the 24th of November, with the highest price reaching 2.50 and the lowest price hitting 2.50 during the day. Nippon Sheet Glass has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Nippon Sheet exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nippon Sheet's Risk Adjusted Performance of (0.10), mean deviation of 0.0925, and Standard Deviation of 0.3817 to check out the risk estimate we provide.
Nippon Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nippon |
Sharpe Ratio = -0.124
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Estimated Market Risk
| 0.38 actual daily | 3 97% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nippon Sheet 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 Nippon Sheet by adding Nippon Sheet to a well-diversified portfolio.
Nippon Sheet Valuation on August 1, 2023
It is possible to determine the worth of Nippon Sheet on a given historical date. On August 1, 2023 Nippon was worth 4.27 at the beginning of the trading date compared to the closed value of 4.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nippon Sheet pink sheet. Still, in general, we apply an absolute valuation method to find Nippon Sheet'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 Nippon Sheet where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nippon Sheet's related companies.
| Open | High | Low | Close | Volume | |
| 4.27 | 4.27 | 4.27 | 4.27 | 1.00 | |
08/01/2023 | 4.27 | 4.27 | 4.27 | 4.27 | 1.00 |
| 4.27 | 4.27 | 4.27 | 4.27 | 1.00 |
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Nippon Sheet Trading Date Momentum on August 1, 2023
| On August 02 2023 Nippon Sheet Glass was traded for 4.27 at the closing time. The highest daily price throughout the period was 4.27 and the lowest price was 4.27 . There was no trading activity during the period 1.0. Lack of trading volume on 08/02/2023 did not cause price change. The trading delta at closing time to current closing price is 17.10% . |
Nippon Sheet Glass Fundamentals Correlations and Trends
By evaluating Nippon Sheet'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 Nippon Sheet's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nippon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nippon Sheet Pink Sheet history
Nippon Sheet 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 Nippon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nippon Sheet Glass 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 Nippon Sheet stock prices may prove useful in developing a viable investing in Nippon Sheet
Nippon Sheet Glass Company, Limited manufactures and sells glass and glazing products worldwide. Nippon Sheet Glass Company, Limited was incorporated in 1918 and is headquartered in Tokyo, Japan. Nippon Sheet is traded on OTC Exchange in the United States.
Nippon Sheet Pink Sheet Technical Analysis
Nippon Sheet 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
Nippon Sheet Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
Nippon Sheet Glass 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.
Nippon Sheet November 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Nippon Sheet 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 Nippon Sheet shares will generate the highest return on investment. By undertsting and applying Nippon Sheet pink sheet market strength indicators, traders can identify Nippon Sheet Glass entry and exit signals to maximize returns
Nippon Sheet Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nippon Sheet's price direction in advance. Along with the technical and fundamental analysis of Nippon Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nippon 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 | (0.10) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (5.33) |
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Additional Tools for Nippon Pink Sheet Analysis
When running Nippon Sheet's price analysis, check to measure Nippon Sheet'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 Nippon Sheet is operating at the current time. Most of Nippon Sheet's value examination focuses on studying past and present price action to predict the probability of Nippon Sheet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nippon Sheet's price. Additionally, you may evaluate how the addition of Nippon Sheet to your portfolios can decrease your overall portfolio volatility.