Nano Labs Etf Price on December 3, 2024
| NA Etf | USD 8.46 0.62 6.83% |
If you're considering investing in Nano Etf, it is important to understand the factors that can impact its price. As of today, the current price of Nano Labs stands at 8.46, as last reported on the 21st of December, with the highest price reaching 9.05 and the lowest price hitting 8.06 during the day. Nano Labs is dangerous given 3 months investment horizon. Nano Labs has Sharpe Ratio of 0.15, which conveys that the entity had a 0.15% return per unit of risk over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 3.87% are justified by taking the suggested risk. Use Nano Labs Risk Adjusted Performance of 0.1298, mean deviation of 14.37, and Downside Deviation of 11.91 to evaluate company specific risk that cannot be diversified away.
Nano Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Nano |
Sharpe Ratio = 0.153
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Estimated Market Risk
| 25.3 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.87 actual daily | 77 77% of assets have lower returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Nano Labs is performing at about 12% 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 Nano Labs by adding it to a well-diversified portfolio.
Price Book 42.1983 | Enterprise Value Ebitda (0.59) | Price Sales 2.5692 | Shares Float 1 M | Earnings Share (3.86) |
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Nano Labs Valuation on December 3, 2024
It is possible to determine the worth of Nano Labs on a given historical date. On December 3, 2024 Nano was worth 11.85 at the beginning of the trading date compared to the closed value of 9.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nano Labs etf. Still, in general, we apply an absolute valuation method to find Nano Labs' 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 Nano Labs where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nano Labs' related companies.
| Open | High | Low | Close | Volume | |
| 10.63 | 13.50 | 10.01 | 11.10 | 234,194 | |
12/03/2024 | 11.85 | 11.85 | 9.20 | 9.58 | 128,902 |
| 10.55 | 13.86 | 9.40 | 12.02 | 398,514 |
| Backtest Nano Labs | | | Nano Labs History | | | Nano Labs Valuation | Previous | Next |
Nano Labs Trading Date Momentum on December 3, 2024
| On December 04 2024 Nano Labs was traded for 12.02 at the closing time. The highest price during the trading period was 13.86 and the lowest recorded bid was listed for 9.40 . The volume for the day was 398.5 K. This history from December 4, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 25.47% . The trading delta at closing time to the current price is 10.23% . |
Nano Labs Fundamentals Correlations and Trends
By evaluating Nano Labs' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nano Labs' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nano financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nano Labs Etf history
Nano Labs 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 Nano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nano Labs 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 Nano Labs stock prices may prove useful in developing a viable investing in Nano Labs
Nano Labs Ltd operates as a fabless integrated circuit design company and product solution provider in the Peoples Republic of China and internationally. Nano Labs is traded on NASDAQ Exchange in the United States.
Nano Labs Etf Technical Analysis
Nano Labs technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Nano Labs Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
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Nano Labs December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Nano Labs etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nano Labs shares will generate the highest return on investment. By undertsting and applying Nano Labs etf market strength indicators, traders can identify Nano Labs entry and exit signals to maximize returns
Nano Labs Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nano Labs' price direction in advance. Along with the technical and fundamental analysis of Nano Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nano 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 | 0.1298 | |||
| Jensen Alpha | 3.73 | |||
| Total Risk Alpha | 3.07 | |||
| Sortino Ratio | 0.3146 | |||
| Treynor Ratio | 2.06 |
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Other Information on Investing in Nano Etf
Nano Labs financial ratios help investors to determine whether Nano Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nano with respect to the benefits of owning Nano Labs security.