NBTM New (China) Price on September 3, 2024
600114 Stock | 15.41 0.24 1.53% |
If you're considering investing in NBTM Stock, it is important to understand the factors that can impact its price. As of today, the current price of NBTM New stands at 15.41, as last reported on the 4th of January, with the highest price reaching 15.86 and the lowest price hitting 15.37 during the day. NBTM New Materials has Sharpe Ratio of -0.0425, which conveys that the company had a -0.0425% return per unit of standard deviation over the last 3 months. NBTM New exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NBTM New's downside deviation of 3.07, and Mean Deviation of 2.72 to check out the risk estimate we provide.
NBTM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NBTM |
Sharpe Ratio = -0.0425
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Negative Returns | 600114 |
Estimated Market Risk
3.22 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NBTM New 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 NBTM New by adding NBTM New to a well-diversified portfolio.
NBTM New Valuation on September 3, 2024
It is possible to determine the worth of NBTM New on a given historical date. On September 3, 2024 NBTM was worth 15.79 at the beginning of the trading date compared to the closed value of 16.65. 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 | |
16.20 | 16.71 | 15.91 | 16.07 | 77,369,873 | |
09/03/2024 | 15.79 | 17.26 | 15.66 | 16.65 | 72,669,565 |
16.25 | 16.53 | 15.19 | 15.62 | 65,594,107 |
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NBTM New Trading Date Momentum on September 3, 2024
On September 04 2024 NBTM New Materials was traded for 15.62 at the closing time. The highest price during the trading period was 16.53 and the lowest recorded bid was listed for 15.19 . The volume for the day was 65.6 M. This history from September 4, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 6.19% . The trading delta at closing time to the current price is 14.41% . |
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
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 | January 4, 2025
| 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 January 4, 2025 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 | 0.0503 | |||
Jensen Alpha | 0.1695 | |||
Total Risk Alpha | 0.1198 | |||
Sortino Ratio | 0.0522 | |||
Treynor Ratio | 0.6867 |
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Pattern Recognition | ||
Price Transform | ||
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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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