NITTO DENKO (Germany) Analysis
| ND5 Stock | EUR 16.40 0.10 0.61% |
NITTO DENKO P is fairly valued with Real Value of 15.93 and Hype Value of 16.4. The main objective of NITTO DENKO stock analysis is to determine its intrinsic value, which is an estimate of what NITTO DENKO P is worth, separate from its market price. There are two main types of NITTO DENKO's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect NITTO DENKO's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of NITTO DENKO's stock to identify patterns and trends that may indicate its future price movements.
The NITTO DENKO stock is traded in Germany on Berlin Exchange, with the market opening at 08:00:00 and closing at 20:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and NITTO DENKO's ongoing operational relationships across important fundamental and technical indicators.
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NITTO Stock Analysis Notes
The company has price-to-book ratio of 1.39. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NITTO DENKO P had 1:5 split on the 27th of September 2024.NITTO Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NITTO DENKO's market, we take the total number of its shares issued and multiply it by NITTO DENKO'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 11th of January 2025, NITTO DENKO secures the Market Risk Adjusted Performance of 3.78, risk adjusted performance of 0.0336, and Mean Deviation of 1.35. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NITTO DENKO P, as well as the relationship between them. Please verify NITTO DENKO P maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if NITTO DENKO P is priced more or less accurately, providing market reflects its recent price of 16.4 per share.NITTO DENKO P Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NITTO DENKO middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NITTO DENKO P. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
NITTO DENKO Predictive Daily Indicators
NITTO DENKO intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NITTO DENKO stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
NITTO DENKO Forecast Models
NITTO DENKO's time-series forecasting models are one of many NITTO DENKO'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 NITTO DENKO'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.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding NITTO DENKO to your portfolios without increasing risk or reducing expected return.Did you try this?
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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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