Nippon Light (Germany) Analysis

Nippon Stock Analysis Notes

The company has price-to-book ratio of 0.46. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nippon Light Metal had 1:10 split on the 29th of September 2020.

Nippon Light Metal Investment Alerts

Nippon Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 816.36 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nippon Light's market, we take the total number of its shares issued and multiply it by Nippon Light's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 28th of November, Nippon Light secures the Risk Adjusted Performance of (0.05), standard deviation of 1.51, and Mean Deviation of 1.03. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nippon Light Metal, as well as the relationship between them. Please verify Nippon Light Metal mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Nippon Light Metal is priced some-what accurately, providing market reflects its recent price of 9.3 per share.

Nippon Light Metal Price Movement Analysis

Nippon Light Outstanding Bonds

Nippon Light Predictive Daily Indicators

Nippon Light Forecast Models

Nippon Light's time-series forecasting models are one of many Nippon Light's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nippon Light's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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