Nitto Denko Corp Stock Analysis

NDEKY Stock  USD 15.60  0.01  0.06%   
Nitto Denko Corp is fairly valued with Real Value of 16.15 and Hype Value of 15.6. The main objective of Nitto Denko pink sheet analysis is to determine its intrinsic value, which is an estimate of what Nitto Denko Corp is worth, separate from its market price. There are two main types of Nitto Denko's stock analysis: fundamental analysis and technical analysis.
The Nitto Denko pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nitto Denko Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.

Nitto Pink Sheet 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 Corp last dividend was issued on the 29th of September 2022. The entity had 2:1 split on the 21st of August 2012. 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.The quote for Nitto Denko Corp is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Nitto Denko Corp contact Hideo Takasaki at 81 6 7632 2101 or learn more at https://www.nitto.com.

Nitto Denko Corp Investment Alerts

Nitto Denko Corp generated a negative expected return over the last 90 days

Nitto Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.43 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.

Nitto Profitablity

The company has Profit Margin (PM) of 0.12 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.17 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.17.

Technical Drivers

As of the 25th of November, Nitto Denko secures the Downside Deviation of 1.93, mean deviation of 1.63, and Risk Adjusted Performance of 0.0114. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nitto Denko Corp, as well as the relationship between them.

Nitto Denko Corp Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. 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 Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Nitto Denko Outstanding Bonds

Nitto Denko issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nitto Denko Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nitto bonds can be classified according to their maturity, which is the date when Nitto Denko Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

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 pink sheet 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 pink sheet 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.

About Nitto Pink Sheet Analysis

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Nitto Denko prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nitto shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Nitto Denko. By using and applying Nitto Pink Sheet analysis, traders can create a robust methodology for identifying Nitto entry and exit points for their positions.
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.

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 pink sheet 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.

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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.