Nitto Denko Corp Stock Performance
| NDEKY Stock | USD 15.59 0.23 1.45% |
The company secures a Beta (Market Risk) of 0.14, 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. At this point, Nitto Denko Corp has a negative expected return of -0.0843%. Please make sure to verify Nitto Denko's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Nitto Denko Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nitto Denko Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong forward-looking signals, Nitto Denko is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...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 1,666 in Nitto Denko Corp on August 30, 2024 and sell it today you would lose (107.00) from holding Nitto Denko Corp or give up 6.42% of portfolio value over 90 days. Nitto Denko Corp is currently producing negative expected returns and takes up 2.0747% volatility of returns over 90 trading days. Put another way, 18% of traded pink sheets are less volatile than Nitto, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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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 Corp, 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 = -0.0406
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Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nitto Denko 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 Nitto Denko by adding Nitto Denko 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 | 296.03 M | |||
| Price To Earning | 14.44 X | |||
| Price To Book | 1.39 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 853.45 B | |||
| EBITDA | 183.87 B | |||
| Cash And Equivalents | 286.8 B | |||
| Cash Per Share | 968.65 X | |||
| Total Debt | 255 M | |||
| Book Value Per Share | 3,028 X | |||
| Cash Flow From Operations | 144.49 B | |||
| Earnings Per Share | 2.78 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
Evaluating Nitto Denko's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. 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. Please also refer to our technical analysis and fundamental analysis pages.
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 Corp 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 Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nitto Denko Corp generated a negative expected return over the last 90 days |
- 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.
Additional 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.