Nichirei Stock Price on November 7, 2024
| NCHEY Stock | USD 12.10 0.00 0.00% |
If you're considering investing in Nichirei Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nichirei stands at 12.10, as last reported on the 20th of December, with the highest price reaching 12.10 and the lowest price hitting 12.10 during the day. At this stage we consider Nichirei Pink Sheet to be very steady. Nichirei has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Nichirei, which you can use to evaluate the volatility of the firm. Please verify Nichirei's Standard Deviation of 0.1441, mean deviation of 0.0349, and Risk Adjusted Performance of 0.0526 to check out if the risk estimate we provide is consistent with the expected return of 0.0183%.
Nichirei Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nichirei |
Sharpe Ratio = 0.125
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Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nichirei is performing at about 9% 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 Nichirei by adding it to a well-diversified portfolio.
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Nichirei Valuation on November 7, 2024
It is possible to determine the worth of Nichirei on a given historical date. On November 7, 2024 Nichirei was worth 12.1 at the beginning of the trading date compared to the closed value of 12.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nichirei pink sheet. Still, in general, we apply an absolute valuation method to find Nichirei'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 Nichirei where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nichirei's related companies.
| Open | High | Low | Close | Volume | |
| 12.10 | 12.10 | 12.10 | 12.10 | 1.00 | |
11/07/2024 | 12.10 | 12.10 | 12.10 | 12.10 | 1.00 |
| 12.10 | 12.10 | 12.10 | 12.10 | 1.00 |
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Nichirei Trading Date Momentum on November 7, 2024
| On November 08 2024 Nichirei was traded for 12.10 at the closing time. The highest daily price throughout the period was 12.10 and the lowest price was 12.10 . There was no trading activity during the period 1.0. Lack of trading volume on 11/08/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Nichirei Fundamentals Correlations and Trends
By evaluating Nichirei'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 Nichirei's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nichirei financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nichirei Pink Sheet history
Nichirei 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 Nichirei is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nichirei 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 Nichirei stock prices may prove useful in developing a viable investing in Nichirei
Nichirei Corporation engages in the processed foods, marine products, meat and poultry products, logistics, real estate, and biosciences businesses in Japan. The company was founded in 1942 and is headquartered in Tokyo, Japan. Nichirei Corp operates under Packaged Foods classification in the United States and is traded on OTC Exchange. It employs 15296 people.
Nichirei Pink Sheet Technical Analysis
Nichirei technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Nichirei Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Nichirei cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Nichirei December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Nichirei pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nichirei shares will generate the highest return on investment. By undertsting and applying Nichirei pink sheet market strength indicators, traders can identify Nichirei entry and exit signals to maximize returns
Nichirei Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nichirei's price direction in advance. Along with the technical and fundamental analysis of Nichirei Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nichirei 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 | 0.0526 | |||
| Jensen Alpha | 0.008 | |||
| Total Risk Alpha | 0.0035 | |||
| Treynor Ratio | (0.61) |
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Additional Tools for Nichirei Pink Sheet Analysis
When running Nichirei's price analysis, check to measure Nichirei'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 Nichirei is operating at the current time. Most of Nichirei's value examination focuses on studying past and present price action to predict the probability of Nichirei's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nichirei's price. Additionally, you may evaluate how the addition of Nichirei to your portfolios can decrease your overall portfolio volatility.