Nitto Denko Stock Performance
| NDEKF Stock | USD 15.80 0.70 4.64% |
Nitto Denko holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.31, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nitto Denko are expected to decrease by larger amounts. On the other hand, during market turmoil, Nitto Denko is expected to outperform it. Use Nitto Denko maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to analyze future returns on Nitto Denko.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Nitto Denko are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak forward-looking signals, Nitto Denko reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 300.9 B | |
| Total Cashflows From Investing Activities | -57.6 B |
Nitto |
Nitto Denko Relative Risk vs. Return Landscape
If you would invest 7,418 in Nitto Denko on August 30, 2024 and sell it today you would lose (5,838) from holding Nitto Denko or give up 78.7% of portfolio value over 90 days. Nitto Denko is currently producing 10.0229% returns and takes up 79.905% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nitto, and majority of traded equity instruments are likely to generate higher returns 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 pink sheets, such as Nitto Denko, 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 = 0.1254
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Estimated Market Risk
| 79.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nitto Denko is performing at about 9% 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 Pink Sheet 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 Pink Sheet performance.
| Return On Equity | 0.14 | |||
| Return On Asset | 0.0886 | |||
| Profit Margin | 0.12 % | |||
| Operating Margin | 0.17 % | |||
| Current Valuation | 6.97 B | |||
| Shares Outstanding | 148.01 M | |||
| Price To Earning | 12.07 X | |||
| Price To Book | 1.36 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 853.45 B | |||
| EBITDA | 183.97 B | |||
| Cash And Equivalents | 286.8 B | |||
| Total Debt | 255 M | |||
| Book Value Per Share | 6,055 X | |||
| Cash Flow From Operations | 144.49 B | |||
| Earnings Per Share | 5.56 X | |||
| Total Asset | 1.09 T | |||
| Retained Earnings | 568.57 B | |||
| Current Asset | 494.85 B | |||
| Current Liabilities | 160.76 B | |||
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.
Nitto Denko Corporation primarily engages in the adhesive tapes business in Japan and internationally. Nitto Denko Corporation was incorporated in 1918 and is headquartered in Osaka, Japan. Nitto Denko operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 25961 people.Things to note about Nitto Denko performance evaluation
Checking the ongoing alerts about Nitto Denko for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nitto Denko help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nitto Denko is way too risky over 90 days horizon | |
| Nitto Denko appears to be risky and price may revert if volatility continues | |
| About 63.0% of the company shares are owned by institutional investors |
- 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 pink sheet. 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 Pink Sheet 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.
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