Nortech Systems Incorporated Stock Price on November 23, 2024
| NSYS Stock | USD 10.61 0.50 4.95% |
Below is the normalized historical share price chart for Nortech Systems Incorporated extending back to June 11, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nortech Systems stands at 10.61, as last reported on the 26th of November, with the highest price reaching 11.50 and the lowest price hitting 10.00 during the day.
If you're considering investing in Nortech Stock, it is important to understand the factors that can impact its price. Nortech Systems has Sharpe Ratio of -0.0933, which conveys that the firm had a -0.0933% return per unit of risk over the last 3 months. Nortech Systems exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nortech Systems' Standard Deviation of 3.03, mean deviation of 2.13, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
At this time, Nortech Systems' Common Stock is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 444.1 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 2.9 M in 2024. . At this time, Nortech Systems' Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.12 in 2024, whereas Price Earnings Ratio is likely to drop 3.54 in 2024. Nortech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of June 1993 | 200 Day MA 12.8165 | 50 Day MA 11.6498 | Beta 0.532 |
Nortech |
Sharpe Ratio = -0.0933
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| Negative Returns | NSYS |
Estimated Market Risk
| 3.06 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nortech Systems 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 Nortech Systems by adding Nortech Systems to a well-diversified portfolio.
Price Book 0.7864 | Enterprise Value Ebitda 8.1437 | Price Sales 0.2056 | Shares Float 985.2 K | Earnings Share 1.57 |
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Nortech Systems Valuation on November 23, 2024
It is possible to determine the worth of Nortech Systems on a given historical date. On November 23, 2024 Nortech was worth 9.9 at the beginning of the trading date compared to the closed value of 10.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nortech Systems stock. Still, in general, we apply an absolute valuation method to find Nortech Systems' 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 Nortech Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nortech Systems' related companies.
| Open | High | Low | Close | Volume | |
| 10.36 | 10.39 | 10.25 | 10.39 | 1,353 | |
11/22/2024 | 9.90 | 10.42 | 9.82 | 10.42 | 4,821 |
| 9.88 | 10.70 | 9.88 | 10.11 | 8,991 |
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Nortech Systems Trading Date Momentum on November 23, 2024
| On November 25 2024 Nortech Systems Incorporated was traded for 10.11 at the closing time. The top price for the day was 10.70 and the lowest listed price was 9.88 . The trading volume for the day was 9 K. The trading history from November 25, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.98% . The trading delta at closing time against the current closing price is 10.08% . |
Nortech Systems Fundamentals Correlations and Trends
By evaluating Nortech Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nortech Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nortech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nortech Systems Stock history
Nortech Systems 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 Nortech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nortech Systems 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 Nortech Systems stock prices may prove useful in developing a viable investing in Nortech Systems
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.9 M | 2.9 M | |
| Net Income Applicable To Common Shares | 1.8 M | 1.9 M |
Nortech Systems Quarterly Net Working Capital |
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Nortech Systems Stock Technical Analysis
Nortech Systems 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
Nortech Systems Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Nortech Systems Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Nortech Systems November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Nortech Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nortech Systems shares will generate the highest return on investment. By undertsting and applying Nortech Systems stock market strength indicators, traders can identify Nortech Systems Incorporated entry and exit signals to maximize returns
Nortech Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nortech Systems' price direction in advance. Along with the technical and fundamental analysis of Nortech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nortech 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 | (0.07) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (0.56) |
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Additional Tools for Nortech Stock Analysis
When running Nortech Systems' price analysis, check to measure Nortech Systems' 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 Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.