Nien Made (Taiwan) Price on November 4, 2024
| 8464 Stock | TWD 372.50 13.50 3.50% |
If you're considering investing in Nien Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nien Made stands at 372.50, as last reported on the 23rd of December, with the highest price reaching 388.00 and the lowest price hitting 372.50 during the day. Nien Made Enterprise has Sharpe Ratio of -0.23, which conveys that the firm had a -0.23% return per unit of risk over the last 3 months. Nien Made exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nien Made's Risk Adjusted Performance of (0.18), standard deviation of 2.01, and Mean Deviation of 1.47 to check out the risk estimate we provide.
Nien Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nien |
Sharpe Ratio = -0.2332
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| Negative Returns | 8464 |
Estimated Market Risk
| 2.04 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.47 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nien Made 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 Nien Made by adding Nien Made to a well-diversified portfolio.
Nien Made Valuation on November 4, 2024
It is possible to determine the worth of Nien Made on a given historical date. On November 4, 2024 Nien was worth 467.5 at the beginning of the trading date compared to the closed value of 492.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nien Made stock. Still, in general, we apply an absolute valuation method to find Nien Made'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 Nien Made where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nien Made's related companies.
| Open | High | Low | Close | Volume | |
| 473.00 | 484.00 | 469.50 | 469.50 | 711,341 | |
11/04/2024 | 467.50 | 495.50 | 467.50 | 492.00 | 929,977 |
| 492.00 | 497.50 | 484.50 | 494.00 | 438,092 |
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Nien Made Trading Date Momentum on November 4, 2024
| On November 05 2024 Nien Made Enterprise was traded for 494.00 at the closing time. The highest price during the trading period was 497.50 and the lowest recorded bid was listed for 484.50 . The volume for the day was 438.1 K. This history from November 5, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.41% . The trading delta at closing time to the current price is 15.24% . |
Nien Made Enterprise Fundamentals Correlations and Trends
By evaluating Nien Made'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 Nien Made's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nien financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nien Made Stock history
Nien Made 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 Nien is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nien Made Enterprise 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 Nien Made stock prices may prove useful in developing a viable investing in Nien Made
Nien Made Enterprise Co., LTD. engages in the research, development, design, manufacture, and sale of various types of window coverings and related components in the United States, Europe, and internationally. Nien Made Enterprise Co., LTD. was founded in 1974 and is headquartered in Taichung, Taiwan. NIEN MADE operates under Home Furnishings Fixtures classification in Taiwan and is traded on Taiwan Stock Exchange.
Nien Made Stock Technical Analysis
Nien Made 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
Nien Made Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Nien Made Enterprise cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan 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.
Nien Made December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Nien Made stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nien Made shares will generate the highest return on investment. By undertsting and applying Nien Made stock market strength indicators, traders can identify Nien Made Enterprise entry and exit signals to maximize returns
Nien Made Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nien Made's price direction in advance. Along with the technical and fundamental analysis of Nien Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nien 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 | (0.18) | |||
| Jensen Alpha | (0.46) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 0.5781 |
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Additional Tools for Nien Stock Analysis
When running Nien Made's price analysis, check to measure Nien Made'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 Nien Made is operating at the current time. Most of Nien Made's value examination focuses on studying past and present price action to predict the probability of Nien Made's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nien Made's price. Additionally, you may evaluate how the addition of Nien Made to your portfolios can decrease your overall portfolio volatility.