Nutriband Stock Price on September 3, 2024
| NTRB Stock | USD 4.85 0.08 1.68% |
If you're considering investing in Nutriband Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nutriband stands at 4.85, as last reported on the 28th of November, with the highest price reaching 4.97 and the lowest price hitting 4.64 during the day. Nutriband appears to be risky, given 3 months investment horizon. Nutriband has Sharpe Ratio of 0.0723, which conveys that the firm had a 0.0723% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nutriband, which you can use to evaluate the volatility of the firm. Please exercise Nutriband's Mean Deviation of 4.67, downside deviation of 4.9, and Risk Adjusted Performance of 0.0642 to check out if our risk estimates are consistent with your expectations.
Nutriband Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nutriband |
Sharpe Ratio = 0.0723
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Estimated Market Risk
| 6.44 actual daily | 57 57% of assets are less volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Nutriband is performing at about 5% 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 Nutriband by adding it to a well-diversified portfolio.
Nutriband Valuation on September 3, 2024
It is possible to determine the worth of Nutriband on a given historical date. On September 3, 2024 Nutriband was worth 4.08 at the beginning of the trading date compared to the closed value of 4.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nutriband stock. Still, in general, we apply an absolute valuation method to find Nutriband'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 Nutriband where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nutriband's related companies.
| Open | High | Low | Close | Volume | |
| 4.19 | 4.44 | 4.00 | 4.08 | 41,979 | |
09/03/2024 | 4.08 | 4.74 | 3.99 | 4.71 | 43,425 |
| 4.70 | 4.70 | 4.00 | 4.26 | 42,330 |
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Nutriband Trading Date Momentum on September 3, 2024
| On September 04 2024 Nutriband was traded for 4.26 at the closing time. The top price for the day was 4.70 and the lowest listed price was 4.00 . The trading volume for the day was 42.3 K. The trading history from September 4, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 9.55% . The trading delta at closing time against the current closing price is 8.70% . |
Nutriband Fundamentals Correlations and Trends
By evaluating Nutriband'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 Nutriband's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nutriband financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nutriband Stock history
Nutriband 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 Nutriband is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nutriband 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 Nutriband stock prices may prove useful in developing a viable investing in Nutriband
Nutriband Inc. develops a portfolio of transdermal pharmaceutical products. The company was incorporated in 2016 and is headquartered in Orlando, Florida. Nutriband operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 13 people.
Nutriband Stock Technical Analysis
Nutriband 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
Nutriband Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Nutriband 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.
Nutriband November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Nutriband stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nutriband shares will generate the highest return on investment. By undertsting and applying Nutriband stock market strength indicators, traders can identify Nutriband entry and exit signals to maximize returns
Nutriband Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nutriband's price direction in advance. Along with the technical and fundamental analysis of Nutriband Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nutriband 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 | 0.0642 | |||
| Jensen Alpha | 0.282 | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | 0.0694 | |||
| Treynor Ratio | 0.3027 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Nutriband Stock analysis
When running Nutriband's price analysis, check to measure Nutriband'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 Nutriband is operating at the current time. Most of Nutriband's value examination focuses on studying past and present price action to predict the probability of Nutriband's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutriband's price. Additionally, you may evaluate how the addition of Nutriband to your portfolios can decrease your overall portfolio volatility.
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