Nippon Life (India) Price on June 27, 2024

NAM-INDIA   731.25  9.55  1.29%   
Below is the normalized historical share price chart for Nippon Life India extending back to November 06, 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 Nippon Life stands at 731.25, as last reported on the 28th of December, with the highest price reaching 768.00 and the lowest price hitting 728.30 during the day.
200 Day MA
647.214
50 Day MA
712.95
Beta
0.516
 
Covid
If you're considering investing in Nippon Stock, it is important to understand the factors that can impact its price. Nippon Life appears to be very steady, given 3 months investment horizon. Nippon Life India has Sharpe Ratio of 0.089, which conveys that the firm had a 0.089% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nippon Life, which you can use to evaluate the volatility of the firm. Please exercise Nippon Life's Downside Deviation of 1.99, risk adjusted performance of 0.0541, and Mean Deviation of 1.86 to check out if our risk estimates are consistent with your expectations.
  
At present, Nippon Life's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 6.8 B, whereas Liabilities And Stockholders Equity is forecasted to decline to about 29.9 B. . Nippon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.089

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Estimated Market Risk

 2.64
  actual daily
23
77% of assets are more volatile

Expected Return

 0.23
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Nippon Life is performing at about 7% 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 Life by adding it to a well-diversified portfolio.
Price Book
11.5421
Enterprise Value Ebitda
25.9434
Price Sales
19.1631
Shares Float
170.6 M
Dividend Share
19

Nippon Life Main Headline on 27th of June 2024

would have delivered you a 247 percent gain Simply Wall St

Nippon Life Valuation on June 27, 2024

It is possible to determine the worth of Nippon Life on a given historical date. On June 27, 2024 Nippon was worth 659.27 at the beginning of the trading date compared to the closed value of 654.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nippon Life stock. Still, in general, we apply an absolute valuation method to find Nippon Life'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 Life where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nippon Life's related companies.
 Open High Low Close Volume
  654.42    657.24    636.91    642.21    495,368  
06/27/2024
  659.27    667.48    648.39    654.87    462,080  
  646.71    659.22    633.71    637.27    474,315  
Backtest Nippon Life  |  Nippon Life History  |  Nippon Life Valuation   PreviousNext  
Open Value
659.27
651.36
Downside
654.87
Closing Value
667.18
Upside

Nippon Life Trading Date Momentum on June 27, 2024

On June 28 2024 Nippon Life India was traded for  637.27  at the closing time. The highest price during the trading period was 659.22  and the lowest recorded bid was listed for  633.71 . The volume for the day was 474.3 K. This history from June 28, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 2.69% . The trading delta at closing time to the current price is 1.54% .

Nippon Life India Fundamentals Correlations and Trends

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

About Nippon Life Stock history

Nippon Life 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 Nippon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nippon Life India 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 Nippon Life stock prices may prove useful in developing a viable investing in Nippon Life
Last ReportedProjected for Next Year
Common Stock Shares Outstanding631.7 M676.5 M
Net Income Applicable To Common Shares8.6 B5.6 B

Nippon Life Quarterly Net Working Capital

3.7 Billion

Nippon Life Stock Technical Analysis

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

Nippon Life Period Price Range

Low
December 28, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nippon Life India 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 Life December 28, 2024 Market Strength

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

Nippon Life Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nippon Life's price direction in advance. Along with the technical and fundamental analysis of Nippon Stock 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.

Complementary Tools for Nippon Stock analysis

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