Nanjing OLO (China) Price on October 22, 2024

603326 Stock   6.18  0.05  0.82%   
Below is the normalized historical share price chart for Nanjing OLO Home extending back to June 16, 2017. 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 Nanjing OLO stands at 6.18, as last reported on the 27th of December, with the highest price reaching 6.24 and the lowest price hitting 6.06 during the day.
200 Day MA
6.3061
50 Day MA
6.5394
Beta
0.492
 
Covid
If you're considering investing in Nanjing Stock, it is important to understand the factors that can impact its price. Nanjing OLO Home has Sharpe Ratio of -0.0643, which conveys that the firm had a -0.0643% return per unit of risk over the last 3 months. Nanjing OLO exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nanjing OLO's Risk Adjusted Performance of 0.0779, mean deviation of 2.36, and Downside Deviation of 3.63 to check out the risk estimate we provide.
  
The current year's Common Stock Shares Outstanding is expected to grow to about 349.8 M, whereas Total Stockholder Equity is forecasted to decline to about 691.7 M. . Nanjing Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0643

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Negative Returns603326

Estimated Market Risk

 3.1
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nanjing OLO 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 Nanjing OLO by adding Nanjing OLO to a well-diversified portfolio.
Price Book
1.6931
Enterprise Value Ebitda
18.6647
Price Sales
1.3498
Shares Float
103.6 M
Wall Street Target Price
10.03

Nanjing OLO Valuation on October 22, 2024

It is possible to determine the worth of Nanjing OLO on a given historical date. On October 22, 2024 Nanjing was worth 6.08 at the beginning of the trading date compared to the closed value of 6.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nanjing OLO stock. Still, in general, we apply an absolute valuation method to find Nanjing OLO'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 Nanjing OLO where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nanjing OLO's related companies.
 Open High Low Close Volume
  6.12    6.15    6.04    6.10    5,462,090  
10/22/2024
  6.08    6.28    6.08    6.23    7,272,410  
  6.21    6.28    6.15    6.20    7,970,208  
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Open Value
6.08
6.23
Closing Value
15.37
Upside

Nanjing OLO Trading Date Momentum on October 22, 2024

On October 23 2024 Nanjing OLO Home was traded for  6.20  at the closing time. The highest price during the trading period was 6.28  and the lowest recorded bid was listed for  6.15 . The volume for the day was 8 M. This history from October 23, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.48% . The trading delta at closing time to the current price is 0.80% .

Nanjing OLO Home Fundamentals Correlations and Trends

By evaluating Nanjing OLO'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 Nanjing OLO's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nanjing financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nanjing OLO Stock history

Nanjing OLO 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 Nanjing is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nanjing OLO Home 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 Nanjing OLO stock prices may prove useful in developing a viable investing in Nanjing OLO
Last ReportedProjected for Next Year
Common Stock Shares Outstanding322.9 M349.8 M
Net Loss-145.7 M-138.4 M

Nanjing OLO Stock Technical Analysis

Nanjing OLO 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.
A focus of Nanjing OLO technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nanjing OLO trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nanjing OLO Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nanjing OLO Home 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.

Nanjing OLO December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how Nanjing OLO stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nanjing OLO shares will generate the highest return on investment. By undertsting and applying Nanjing OLO stock market strength indicators, traders can identify Nanjing OLO Home entry and exit signals to maximize returns

Nanjing OLO Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nanjing OLO's price direction in advance. Along with the technical and fundamental analysis of Nanjing Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nanjing 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.

Complementary Tools for Nanjing Stock analysis

When running Nanjing OLO's price analysis, check to measure Nanjing OLO'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 Nanjing OLO is operating at the current time. Most of Nanjing OLO's value examination focuses on studying past and present price action to predict the probability of Nanjing OLO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanjing OLO's price. Additionally, you may evaluate how the addition of Nanjing OLO to your portfolios can decrease your overall portfolio volatility.
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