Noble Romans Stock Price on September 5, 2024
| NROM Stock | USD 0.36 0.01 2.86% |
If you're considering investing in Noble OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Noble Romans stands at 0.36, as last reported on the 29th of November, with the highest price reaching 0.36 and the lowest price hitting 0.36 during the day. As of now, Noble OTC Stock is out of control. Noble Romans has Sharpe Ratio of 0.0161, which conveys that the firm had a 0.0161% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Noble Romans, which you can use to evaluate the volatility of the firm. Please verify Noble Romans' Downside Deviation of 13.01, risk adjusted performance of 0.0375, and Mean Deviation of 5.38 to check out if the risk estimate we provide is consistent with the expected return of 0.12%.
Noble OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Noble |
Sharpe Ratio = 0.0161
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Estimated Market Risk
| 7.61 actual daily | 67 67% of assets are less volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Noble Romans is performing at about 1% 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 Noble Romans by adding it to a well-diversified portfolio.
Noble Romans Valuation on September 5, 2024
It is possible to determine the worth of Noble Romans on a given historical date. On September 5, 2024 Noble was worth 0.38 at the beginning of the trading date compared to the closed value of 0.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Noble Romans otc stock. Still, in general, we apply an absolute valuation method to find Noble Romans' 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 Noble Romans where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Noble Romans' related companies.
| Open | High | Low | Close | Volume | |
| 0.40 | 0.43 | 0.31 | 0.31 | 79,545 | |
09/05/2024 | 0.38 | 0.38 | 0.30 | 0.30 | 16,900 |
| 0.34 | 0.34 | 0.34 | 0.34 | 500.00 |
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Noble Romans Trading Date Momentum on September 5, 2024
| On September 06 2024 Noble Romans was traded for 0.34 at the closing time. The top price for the day was 0.34 and the lowest listed price was 0.34 . The trading volume for the day was 500. The trading history from September 6, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 13.33% . The trading delta at closing time against the current closing price is 23.33% . |
Noble Romans Fundamentals Correlations and Trends
By evaluating Noble Romans' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Noble Romans' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Noble financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Noble Romans OTC Stock history
Noble Romans 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 Noble is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Noble Romans 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 Noble Romans stock prices may prove useful in developing a viable investing in Noble Romans
Noble Romans, Inc. sells and services franchises, and licenses and operates foodservice locations for stand-alone restaurants and non-traditional foodservice operations. Noble Romans, Inc. was incorporated in 1972 and is headquartered in Indianapolis, Indiana. Noble Romans operates under Restaurants classification in the United States and is traded on OTC Exchange. It employs 44 people.
Noble Romans OTC Stock Technical Analysis
Noble Romans technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Noble Romans Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Noble Romans cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Noble Romans November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Noble Romans otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Noble Romans shares will generate the highest return on investment. By undertsting and applying Noble Romans otc stock market strength indicators, traders can identify Noble Romans entry and exit signals to maximize returns
Noble Romans Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Noble Romans' price direction in advance. Along with the technical and fundamental analysis of Noble OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Noble 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 | 0.0375 | |||
| Jensen Alpha | 0.2618 | |||
| Total Risk Alpha | (1.17) | |||
| Sortino Ratio | 0.0193 | |||
| Treynor Ratio | 0.404 |
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Other Information on Investing in Noble OTC Stock
Noble Romans financial ratios help investors to determine whether Noble OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Noble with respect to the benefits of owning Noble Romans security.