Nippon Paint is trading at 3.94 as of the 13th of December 2024; that is 12.89% up since the beginning of the trading day. The stock's open price was 3.49. Nippon Paint has hardly any chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. The performance scores are derived for the period starting the 24th of December 2022 and ending today, the 13th of December 2024. Click here to learn more.
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 Nippon Paint pink sheet to make a market-neutral strategy. Peer analysis of Nippon Paint could also be used in its relative valuation, which is a method of valuing Nippon Paint by comparing valuation metrics with similar companies.
When running Nippon Paint's price analysis, check to measure Nippon Paint'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 Paint is operating at the current time. Most of Nippon Paint's value examination focuses on studying past and present price action to predict the probability of Nippon Paint'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 Paint's price. Additionally, you may evaluate how the addition of Nippon Paint to your portfolios can decrease your overall portfolio volatility.