Nippon India (India) Price on November 19, 2024
| ITBEES Etf | 46.37 0.46 0.98% |
If you're considering investing in Nippon Etf, it is important to understand the factors that can impact its price. As of today, the current price of Nippon India stands at 46.37, as last reported on the 10th of January, with the highest price reaching 47.05 and the lowest price hitting 46.28 during the day. At this point, Nippon India is very steady. Nippon India Mutual has Sharpe Ratio of 0.0235, which conveys that the entity had a 0.0235% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nippon India, which you can use to evaluate the volatility of the etf. Please verify Nippon India's Mean Deviation of 0.8407, risk adjusted performance of 0.0421, and Downside Deviation of 1.16 to check out if the risk estimate we provide is consistent with the expected return of 0.0287%.
Nippon Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Nippon |
Sharpe Ratio = 0.0235
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| Negative Returns | ITBEES |
Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nippon India is performing at about 1% 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 Nippon India by adding it to a well-diversified portfolio.
Nippon India Valuation on November 19, 2024
It is possible to determine the worth of Nippon India on a given historical date. On November 19, 2024 Nippon was worth 45.59 at the beginning of the trading date compared to the closed value of 44.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nippon India etf. Still, in general, we apply an absolute valuation method to find Nippon India'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 Nippon India where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nippon India's related companies.
| Open | High | Low | Close | Volume | |
| 45.50 | 45.78 | 44.12 | 44.46 | 3,981,035 | |
11/19/2024 | 45.59 | 45.59 | 44.47 | 44.80 | 2,247,257 |
| 44.80 | 44.80 | 44.80 | 44.80 | 1.00 |
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Nippon India Trading Date Momentum on November 19, 2024
| On November 20 2024 Nippon India Mutual was traded for 44.80 at the closing time. The highest price during the trading period was 44.80 and the lowest recorded bid was listed for 44.80 . There was no trading activity during the period 1.0. Lack of trading volume on November 20, 2024 did not cause price change. The trading delta at closing time to the current price is 4.31% . |
Price Boundaries
Nippon India Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Nippon India Mutual cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Nippon India January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Nippon India etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nippon India shares will generate the highest return on investment. By undertsting and applying Nippon India etf market strength indicators, traders can identify Nippon India Mutual entry and exit signals to maximize returns
Nippon India Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nippon India's price direction in advance. Along with the technical and fundamental analysis of Nippon Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nippon 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.