NARI Technology (China) Performance
| 600406 Stock | 24.61 0.39 1.56% |
The firm secures a Beta (Market Risk) of -0.0718, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NARI Technology are expected to decrease at a much lower rate. During the bear market, NARI Technology is likely to outperform the market. NARI Technology currently secures a risk of 1.79%. Please verify NARI Technology Co total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if NARI Technology Co will be following its current price movements.
Risk-Adjusted Performance
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Over the last 90 days NARI Technology Co has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, NARI Technology is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Payout Ratio 0.5745 | Last Split Factor 1.2:1 | Ex Dividend Date 2024-10-25 | Last Split Date 2023-06-21 |
1 | Market Might Still Lack Some Conviction On Longshine Technology Group Co., Ltd. Even After 42 percent Share Price Boost - Simply Wall St | 09/30/2024 |
2 | Okami Medical Announces Closing Of 32.5M Financing NARI Stock News - StockTitan | 10/21/2024 |
3 | Jennison Associates LLC Acquires 610,468 Shares of Inari Medical, Inc. - MarketBeat | 11/21/2024 |
| Begin Period Cash Flow | 14.6 B |
NARI |
NARI Technology Relative Risk vs. Return Landscape
If you would invest 2,472 in NARI Technology Co on August 31, 2024 and sell it today you would lose (11.00) from holding NARI Technology Co or give up 0.44% of portfolio value over 90 days. NARI Technology Co is generating 0.008% of daily returns and assumes 1.7917% volatility on return distribution over the 90 days horizon. Simply put, 15% of stocks are less volatile than NARI, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NARI Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NARI Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NARI Technology Co, and traders can use it to determine the average amount a NARI Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0045
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| Negative Returns | 600406 |
Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NARI Technology 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 NARI Technology by adding NARI Technology to a well-diversified portfolio.
NARI Technology Fundamentals Growth
NARI Stock prices reflect investors' perceptions of the future prospects and financial health of NARI Technology, and NARI Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NARI Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0647 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 180.61 B | |||
| Shares Outstanding | 8.03 B | |||
| Price To Book | 4.29 X | |||
| Price To Sales | 3.59 X | |||
| Revenue | 51.57 B | |||
| Gross Profit | 12.53 B | |||
| EBITDA | 10.08 B | |||
| Net Income | 7.18 B | |||
| Total Debt | 385.46 M | |||
| Book Value Per Share | 5.78 X | |||
| Cash Flow From Operations | 11.44 B | |||
| Earnings Per Share | 0.94 X | |||
| Total Asset | 86.09 B | |||
| Retained Earnings | 30.22 B | |||
About NARI Technology Performance
By analyzing NARI Technology's fundamental ratios, stakeholders can gain valuable insights into NARI Technology's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NARI Technology has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NARI Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NARI Technology is entity of China. It is traded as Stock on SHG exchange.Things to note about NARI Technology performance evaluation
Checking the ongoing alerts about NARI Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NARI Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NARI Technology is unlikely to experience financial distress in the next 2 years | |
| About 62.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Jennison Associates LLC Acquires 610,468 Shares of Inari Medical, Inc. - MarketBeat |
- Analyzing NARI Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NARI Technology's stock is overvalued or undervalued compared to its peers.
- Examining NARI Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NARI Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NARI Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NARI Technology's stock. These opinions can provide insight into NARI Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NARI Stock analysis
When running NARI Technology's price analysis, check to measure NARI Technology'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 NARI Technology is operating at the current time. Most of NARI Technology's value examination focuses on studying past and present price action to predict the probability of NARI Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NARI Technology's price. Additionally, you may evaluate how the addition of NARI Technology to your portfolios can decrease your overall portfolio volatility.
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