Nestle Bhd (Malaysia) Price on December 3, 2024
4707 Stock | 96.80 0.60 0.62% |
If you're considering investing in Nestle Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nestle Bhd stands at 96.80, as last reported on the 11th of December 2024, with the highest price reaching 97.50 and the lowest price hitting 96.18 during the day. Nestle Bhd has Sharpe Ratio of -0.0332, which conveys that the firm had a -0.0332% return per unit of risk over the last 3 months. Nestle Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nestle Bhd's Mean Deviation of 0.8719, risk adjusted performance of (0.03), and Standard Deviation of 1.18 to check out the risk estimate we provide.
Nestle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nestle |
Sharpe Ratio = -0.0332
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Estimated Market Risk
1.2 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nestle Bhd is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nestle Bhd by adding Nestle Bhd to a well-diversified portfolio.
Nestle Bhd Valuation on December 3, 2024
It is possible to determine the worth of Nestle Bhd on a given historical date. On December 3, 2024 Nestle was worth 96.32 at the beginning of the trading date compared to the closed value of 97.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nestle Bhd stock. Still, in general, we apply an absolute valuation method to find Nestle Bhd's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nestle Bhd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nestle Bhd's related companies.
Open | High | Low | Close | Volume | |
97.68 | 97.70 | 96.34 | 96.54 | 41,800 | |
12/03/2024 | 96.32 | 98.20 | 95.08 | 97.10 | 108,300 |
97.18 | 99.10 | 96.98 | 98.18 | 59,100 |
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Nestle Bhd Trading Date Momentum on December 3, 2024
On December 04 2024 Nestle Bhd was traded for 98.18 at the closing time. The highest price during the trading period was 99.10 and the lowest recorded bid was listed for 96.98 . The volume for the day was 59.1 K. This history from December 4, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 1.11% . The trading delta at closing time to the current price is 0.93% . |
Nestle Bhd Fundamentals Correlations and Trends
By evaluating Nestle Bhd's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nestle Bhd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nestle financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nestle Bhd Stock history
Nestle Bhd investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nestle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nestle Bhd will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nestle Bhd stock prices may prove useful in developing a viable investing in Nestle Bhd
Nestle Bhd Stock Technical Analysis
Nestle Bhd technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Nestle Bhd Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Nestle Bhd cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nestle Bhd December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Nestle Bhd stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nestle Bhd shares will generate the highest return on investment. By undertsting and applying Nestle Bhd stock market strength indicators, traders can identify Nestle Bhd entry and exit signals to maximize returns
Nestle Bhd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nestle Bhd's price direction in advance. Along with the technical and fundamental analysis of Nestle Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nestle to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.9164 |
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Other Information on Investing in Nestle Stock
Nestle Bhd financial ratios help investors to determine whether Nestle 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 Nestle with respect to the benefits of owning Nestle Bhd security.