Niutech Environment (China) Price on February 26, 2024

688309 Stock   12.45  0.52  4.01%   
If you're considering investing in Niutech Stock, it is important to understand the factors that can impact its price. As of today, the current price of Niutech Environment stands at 12.45, as last reported on the 31st of December, with the highest price reaching 13.22 and the lowest price hitting 12.43 during the day. Niutech Environment has Sharpe Ratio of -0.0609, which conveys that the firm had a -0.0609% return per unit of risk over the last 3 months. Niutech Environment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Niutech Environment's Mean Deviation of 2.44, standard deviation of 3.12, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
  
Niutech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0609

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Estimated Market Risk

 3.12
  actual daily
27
73% of assets are more volatile

Expected Return

 -0.19
  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 Niutech Environment 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 Niutech Environment by adding Niutech Environment to a well-diversified portfolio.

Niutech Environment Valuation on February 26, 2024

It is possible to determine the worth of Niutech Environment on a given historical date. On February 26, 2024 Niutech was worth 14.55 at the beginning of the trading date compared to the closed value of 15.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Niutech Environment stock. Still, in general, we apply an absolute valuation method to find Niutech Environment'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 Niutech Environment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Niutech Environment's related companies.
 Open High Low Close Volume
  13.99    14.45    13.77    14.45    727,847  
02/26/2024
  14.55    15.44    14.28    15.01    892,949  
  15.10    15.88    14.60    15.60    834,695  
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Open Value
14.55
15.01
Closing Value
23.90
Upside

Niutech Environment Trading Date Momentum on February 26, 2024

On February 27 2024 Niutech Environment Technology was traded for  15.60  at the closing time. The highest price during the trading period was 15.88  and the lowest recorded bid was listed for  14.60 . The volume for the day was 834.7 K. This history from February 27, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 3.93% . The trading delta at closing time to the current price is 0.53% .

Niutech Environment Fundamentals Correlations and Trends

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

About Niutech Environment Stock history

Niutech Environment 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 Niutech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Niutech Environment 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 Niutech Environment stock prices may prove useful in developing a viable investing in Niutech Environment

Niutech Environment Stock Technical Analysis

Niutech Environment 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 Niutech Environment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Niutech Environment 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

Niutech Environment Period Price Range

Low
December 31, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Niutech Environment Technology 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.

Niutech Environment December 31, 2024 Market Strength

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

Niutech Environment Technical and Predictive Indicators

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

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