NiHAO Mineral (Philippines) Today
NiHAO Mineral is trading at 0.56 as of the 17th of December 2024, a No Change since the beginning of the trading day. The stock's lowest day price was 0.56. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Valuation
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NiHAO Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NiHAO Mineral's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NiHAO Mineral or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Metals & Mining, Basic Materials (View all Sectors) |
NiHAO Mineral Resources (NI) is traded on Philippine Stock Exchange in Philippines . The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NiHAO Mineral's market, we take the total number of its shares issued and multiply it by NiHAO Mineral'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. NiHAO Mineral Resources operates under Basic Materials sector and is part of Metals & Mining industry.
NiHAO Mineral generates negative cash flow from operations
Check NiHAO Mineral Probability Of Bankruptcy
NiHAO Mineral Resources Risk Profiles
Although NiHAO Mineral's alpha and beta are two of the key measurements used to evaluate NiHAO Mineral's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.54 | |||
| Standard Deviation | 6.23 | |||
| Variance | 38.86 | |||
| Risk Adjusted Performance | (0.07) |
NiHAO Stock Against Markets
NiHAO Mineral Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NiHAO Mineral stock to make a market-neutral strategy. Peer analysis of NiHAO Mineral could also be used in its relative valuation, which is a method of valuing NiHAO Mineral by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Other Information on Investing in NiHAO Stock
NiHAO Mineral financial ratios help investors to determine whether NiHAO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NiHAO with respect to the benefits of owning NiHAO Mineral security.