NITTO DENKO (Germany) Performance
| ND5 Stock | EUR 16.20 0.50 3.18% |
NITTO DENKO has a performance score of 5 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NITTO DENKO's returns are expected to increase less than the market. However, during the bear market, the loss of holding NITTO DENKO is expected to be smaller as well. NITTO DENKO P currently secures a risk of 1.76%. Please verify NITTO DENKO P maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if NITTO DENKO P will be following its current price movements.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in NITTO DENKO P are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, NITTO DENKO may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 300.9 B | |
| Free Cash Flow | 85.5 B |
NITTO |
NITTO DENKO Relative Risk vs. Return Landscape
If you would invest 1,520 in NITTO DENKO P on September 24, 2024 and sell it today you would earn a total of 100.00 from holding NITTO DENKO P or generate 6.58% return on investment over 90 days. NITTO DENKO P is generating 0.112% of daily returns assuming 1.762% volatility of returns over the 90 days investment horizon. Simply put, 15% of all stocks have less volatile historical return distribution than NITTO DENKO, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NITTO DENKO Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NITTO DENKO's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NITTO DENKO P, and traders can use it to determine the average amount a NITTO DENKO'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 = 0.0635
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ND5 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.76 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average NITTO DENKO 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 NITTO DENKO by adding it to a well-diversified portfolio.
NITTO DENKO Fundamentals Growth
NITTO Stock prices reflect investors' perceptions of the future prospects and financial health of NITTO DENKO, and NITTO DENKO 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 NITTO Stock performance.
| Current Valuation | 6.62 B | |||
| Price To Book | 1.39 X | |||
| Price To Sales | 1.39 X | |||
| Revenue | 853.45 B | |||
| EBITDA | 183.97 B | |||
| Cash Flow From Operations | 144.49 B | |||
| Total Asset | 1.09 T | |||
About NITTO DENKO Performance
By analyzing NITTO DENKO's fundamental ratios, stakeholders can gain valuable insights into NITTO DENKO's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NITTO DENKO 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 NITTO DENKO has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about NITTO DENKO P performance evaluation
Checking the ongoing alerts about NITTO DENKO for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NITTO DENKO P help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating NITTO DENKO's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NITTO DENKO's stock performance include:- Analyzing NITTO DENKO'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 NITTO DENKO's stock is overvalued or undervalued compared to its peers.
- Examining NITTO DENKO'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 NITTO DENKO's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NITTO DENKO's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NITTO DENKO's stock. These opinions can provide insight into NITTO DENKO's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NITTO Stock analysis
When running NITTO DENKO's price analysis, check to measure NITTO DENKO'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 NITTO DENKO is operating at the current time. Most of NITTO DENKO's value examination focuses on studying past and present price action to predict the probability of NITTO DENKO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NITTO DENKO's price. Additionally, you may evaluate how the addition of NITTO DENKO to your portfolios can decrease your overall portfolio volatility.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |