NEM INSURANCE (Nigeria) Price History

NEM Stock   12.85  0.20  1.58%   
If you're considering investing in NEM Stock, it is important to understand the factors that can impact its price. As of today, the current price of NEM INSURANCE stands at 12.85, as last reported on the 22nd of January, with the highest price reaching 12.85 and the lowest price hitting 12.65 during the day. NEM INSURANCE appears to be somewhat reliable, given 3 months investment horizon. NEM INSURANCE PLC has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25 % return per unit of volatility over the last 3 months. By evaluating NEM INSURANCE's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please exercise NEM INSURANCE's risk adjusted performance of 0.2088, and Mean Deviation of 2.11 to check out if our risk estimates are consistent with your expectations.
  
NEM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2488

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Estimated Market Risk

 3.35
  actual daily
29
71% of assets are more volatile

Expected Return

 0.83
  actual daily
16
84% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average NEM INSURANCE is performing at about 19% 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 NEM INSURANCE by adding it to a well-diversified portfolio.

NEM INSURANCE Stock Price History Chart

There are several ways to analyze NEM Stock price data. The simplest method is using a basic NEM candlestick price chart, which shows NEM INSURANCE price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 6, 202513.4
Lowest PriceOctober 29, 20247.9

NEM INSURANCE January 22, 2025 Stock Price Synopsis

Various analyses of NEM INSURANCE's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell NEM Stock. It can be used to describe the percentage change in the price of NEM INSURANCE from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of NEM Stock.
NEM INSURANCE Price Action Indicator 0.20 
NEM INSURANCE Price Daily Balance Of Power 1.00 
NEM INSURANCE Accumulation Distribution 7,941 
NEM INSURANCE Price Rate Of Daily Change 1.02 

NEM INSURANCE January 22, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in NEM Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use NEM INSURANCE intraday prices and daily technical indicators to check the level of noise trading in NEM Stock and then apply it to test your longer-term investment strategies against NEM.

NEM Stock Price History Data

OpenHighLowCloseVolume
01/21/2025 12.65  12.85  12.65  12.85  510,229 
01/20/2025 12.00  12.65  12.00  12.65  857,718 
01/17/2025 12.00  12.00  12.00  12.00  66,534 
01/16/2025 12.00  12.00  12.00  12.00  747,822 
01/15/2025 12.00  12.00  12.00  12.00  598,077 
01/14/2025 12.00  12.40  12.00  12.00  1,594,704 
01/13/2025 13.00  13.00  12.00  12.00  895,356 
01/10/2025 13.00  13.00  13.00  13.00  500,920 
01/09/2025 13.00  13.00  13.00  13.00  541,957 
01/08/2025 13.10  13.10  11.80  13.00  3,955,683 
01/07/2025 13.40  13.40  13.10  13.10  742,551 
01/06/2025 13.10  14.30  13.10  13.40  1,844,752 
01/03/2025 12.00  13.20  12.00  13.10  3,591,682 
01/02/2025 10.95  12.00  10.95  12.00  1,354,221 
12/31/2024 10.95  10.95  10.95  10.95  580,683 
12/30/2024 11.00  11.00  10.90  10.95  2,108,973 
12/27/2024 11.00  11.00  11.00  11.00  294,080 
12/24/2024 10.80  11.00  10.80  11.00  374,689 
12/23/2024 10.80  10.80  10.80  10.80  1,589,310 
12/20/2024 10.80  10.80  10.80  10.80  683,828 
12/19/2024 10.80  10.80  10.80  10.80  421,494 
12/18/2024 10.50  10.80  10.50  10.80  396,368 
12/17/2024 10.50  10.50  10.50  10.50  209,316 
12/16/2024 10.90  10.90  10.50  10.50  1,404,034 
12/13/2024 11.00  11.00  10.70  10.90  1,694,178 
12/12/2024 10.70  11.75  10.70  11.00  2,739,764 
12/11/2024 9.75  10.70  9.75  10.70  3,151,649 
12/10/2024 9.20  9.75  9.20  9.75  392,919 
12/09/2024 9.20  9.20  9.20  9.20  792,392 
12/06/2024 9.20  9.20  9.20  9.20  230,006 
12/05/2024 9.40  9.40  9.20  9.20  1,226,684 
12/04/2024 8.60  9.40  8.60  9.40  823,040 
12/03/2024 8.60  8.60  8.60  8.60  694,573 
12/02/2024 8.50  9.00  8.50  8.60  2,250,581 
11/29/2024 8.65  8.65  8.50  8.50  814,461 
11/28/2024 8.50  9.00  8.50  8.65  1,606,561 
11/27/2024 8.10  8.50  8.10  8.50  845,753 
11/26/2024 8.10  8.10  8.10  8.10  294,392 
11/25/2024 8.35  8.60  8.00  8.10  1,843,479 
11/22/2024 8.35  8.35  8.35  8.35  622,236 
11/21/2024 8.05  8.35  8.05  8.35  648,086 
11/20/2024 8.05  8.05  8.05  8.05  718,329 
11/19/2024 8.05  8.05  8.05  8.05  127,450 
11/18/2024 8.00  8.05  8.00  8.05  575,060 
11/15/2024 8.00  8.00  8.00  8.00  466,383 
11/14/2024 8.00  8.00  8.00  8.00  168,168 
11/13/2024 8.50  8.50  8.00  8.00  2,716,518 
11/12/2024 8.50  8.50  8.50  8.50  579,673 
11/11/2024 8.40  8.50  8.40  8.50  606,081 
11/08/2024 8.40  8.40  8.40  8.40  655,882 
11/07/2024 8.40  8.40  8.40  8.40  146,265 
11/06/2024 8.40  8.40  8.40  8.40  274,167 
11/05/2024 8.60  8.60  8.30  8.40  1,292,438 
11/04/2024 8.60  8.60  8.60  8.60  510,939 
11/01/2024 8.60  8.60  8.60  8.60  683,260 
10/31/2024 8.60  8.60  8.60  8.60  268,948 
10/30/2024 7.90  8.60  7.90  8.60  960,253 
10/29/2024 8.10  8.10  7.90  7.90  851,612 
10/28/2024 8.10  8.10  8.10  8.10  1,506,789 
10/25/2024 8.00  8.10  8.00  8.10  594,957 
10/24/2024 8.00  8.00  8.00  8.00  96,744 

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NEM INSURANCE Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NEM INSURANCE's price direction in advance. Along with the technical and fundamental analysis of NEM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEM 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.

Additional Tools for NEM Stock Analysis

When running NEM INSURANCE's price analysis, check to measure NEM INSURANCE'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 NEM INSURANCE is operating at the current time. Most of NEM INSURANCE's value examination focuses on studying past and present price action to predict the probability of NEM INSURANCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEM INSURANCE's price. Additionally, you may evaluate how the addition of NEM INSURANCE to your portfolios can decrease your overall portfolio volatility.