NN shareholders have endured a 53 percent loss from investing in the stock five years ago
NNBR Stock | USD 3.92 0.14 3.45% |
Slightly above 54% of NN's investor base is interested to short. The analysis of overall sentiment of trading NN Inc stock suggests that many investors are impartial at this time. NN's investing sentiment overview a quick insight into current market opportunities from investing in NN Inc. Many technical investors use NN Inc stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
NN |
NN, Inc. shareholders should be happy to see the share price up 16 percent in the last month. But that doesnt...
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NN Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards NN can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
NN Fundamental Analysis
We analyze NN's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NN using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NN based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
NN is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
NN Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NN stock to make a market-neutral strategy. Peer analysis of NN could also be used in its relative valuation, which is a method of valuing NN by comparing valuation metrics with similar companies.
Peers
NN Related Equities
TUSK | Mammoth Energy | 1.02 | ||||
RCMT | RCM Technologies | 0.52 | ||||
SPLP-PA | Steel Partners | 0.08 | ||||
CODI-PA | Compass Diversified | 0.39 | ||||
VMI | Valmont Industries | 0.43 | ||||
MATW | Matthews International | 0.72 | ||||
BBU | Brookfield Business | 1.03 | ||||
SPLP | Steel Partners | 1.04 | ||||
FIP | FTAI Infrastructure | 1.10 | ||||
TRC | Tejon Ranch | 1.36 | ||||
CODI | Compass Diversified | 1.50 | ||||
GFF | Griffon | 1.83 |
Additional Tools for NN Stock Analysis
When running NN's price analysis, check to measure NN'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 NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.