NBTM New (China) Price on August 22, 2024
| 600114 Stock | 16.23 0.28 1.70% |
Below is the normalized historical share price chart for NBTM New Materials extending back to May 11, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NBTM New stands at 16.23, as last reported on the 18th of December 2024, with the highest price reaching 16.71 and the lowest price hitting 16.20 during the day.
If you're considering investing in NBTM Stock, it is important to understand the factors that can impact its price. NBTM New appears to be somewhat reliable, given 3 months investment horizon. NBTM New Materials has Sharpe Ratio of 0.0726, which conveys that the company had a 0.0726% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for NBTM New, which you can use to evaluate the volatility of the entity. Please exercise NBTM New's mean deviation of 2.77, and Downside Deviation of 3.04 to check out if our risk estimates are consistent with your expectations.
At present, NBTM New's Common Stock is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 7.1 M, whereas Total Stockholder Equity is forecasted to decline to about 1.4 B. . NBTM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of April 2004 | 200 Day MA 15.3031 | 50 Day MA 17.3642 | Beta 0.661 |
NBTM |
Sharpe Ratio = 0.0726
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 600114 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.69 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average NBTM New is performing at about 5% of its full potential. 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 NBTM New by adding it to a well-diversified portfolio.
Price Book 3.7241 | Enterprise Value Ebitda 23.7865 | Price Sales 2.1422 | Shares Float 457.2 M | Wall Street Target Price 18.9 |
NBTM New Valuation on August 22, 2024
It is possible to determine the worth of NBTM New on a given historical date. On August 22, 2024 NBTM was worth 14.95 at the beginning of the trading date compared to the closed value of 14.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NBTM New stock. Still, in general, we apply an absolute valuation method to find NBTM New'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 NBTM New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NBTM New's related companies.
| Open | High | Low | Close | Volume | |
| 14.55 | 15.07 | 14.42 | 15.07 | 40,660,784 | |
08/22/2024 | 14.95 | 15.04 | 14.60 | 14.74 | 29,363,184 |
| 14.60 | 15.66 | 14.45 | 15.45 | 49,082,753 |
| Backtest NBTM New | | | NBTM New History | | | NBTM New Valuation | Previous | Next |
NBTM New Trading Date Momentum on August 22, 2024
| On August 23 2024 NBTM New Materials was traded for 15.45 at the closing time. The highest price during the trading period was 15.66 and the lowest recorded bid was listed for 14.45 . The volume for the day was 49.1 M. This history from August 23, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 4.82% . The trading delta at closing time to the current price is 9.91% . |
NBTM New Materials Fundamentals Correlations and Trends
By evaluating NBTM New'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 NBTM New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NBTM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NBTM New Stock history
NBTM New 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 NBTM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NBTM New Materials 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 NBTM New stock prices may prove useful in developing a viable investing in NBTM New
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 554.7 M | 499.8 M | |
| Net Income Applicable To Common Shares | 179.1 M | 113.1 M |
NBTM New Quarterly Net Working Capital |
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NBTM New Stock Technical Analysis
NBTM New 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
NBTM New Period Price Range
Low | December 18, 2024
| High |
0.00 | 0.00 |
NBTM New Materials cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock 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.
NBTM New December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how NBTM New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NBTM New shares will generate the highest return on investment. By undertsting and applying NBTM New stock market strength indicators, traders can identify NBTM New Materials entry and exit signals to maximize returns
NBTM New Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NBTM New's price direction in advance. Along with the technical and fundamental analysis of NBTM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NBTM 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 | 0.0463 | |||
| Jensen Alpha | 0.1792 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0394 | |||
| Treynor Ratio | (5.89) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NBTM Stock analysis
When running NBTM New's price analysis, check to measure NBTM New'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 NBTM New is operating at the current time. Most of NBTM New's value examination focuses on studying past and present price action to predict the probability of NBTM New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NBTM New's price. Additionally, you may evaluate how the addition of NBTM New to your portfolios can decrease your overall portfolio volatility.
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