Nitto Denko (Germany) Price on September 20, 2024
| ND5 Stock | 15.30 0.20 1.29% |
If you're considering investing in Nitto Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nitto Denko stands at 15.30, as last reported on the 14th of December 2024, with the highest price reaching 15.30 and the lowest price hitting 15.30 during the day. Currently, Nitto Denko Corp is not too volatile. Nitto Denko Corp has Sharpe Ratio of 0.0367, which conveys that the firm had a 0.0367% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Nitto Denko, which you can use to evaluate the volatility of the firm. Please verify Nitto Denko's Mean Deviation of 1.42, downside deviation of 1.91, and Risk Adjusted Performance of 0.0324 to check out if the risk estimate we provide is consistent with the expected return of 0.068%.
Nitto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nitto |
Sharpe Ratio = 0.0367
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | ND5 | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nitto Denko is performing at about 2% 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 Nitto Denko by adding it to a well-diversified portfolio.
Nitto Denko Valuation on September 20, 2024
It is possible to determine the worth of Nitto Denko on a given historical date. On September 20, 2024 Nitto was worth 15.1 at the beginning of the trading date compared to the closed value of 15.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nitto Denko stock. Still, in general, we apply an absolute valuation method to find Nitto Denko'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 Nitto Denko where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nitto Denko's related companies.
| Open | High | Low | Close | Volume | |
| 14.90 | 15.20 | 14.90 | 15.20 | 1.00 | |
09/20/2024 | 15.10 | 15.20 | 15.10 | 15.20 | 1.00 |
| 14.90 | 15.40 | 14.90 | 15.40 | 55.00 |
| Backtest Nitto Denko | | | Nitto Denko History | Previous | Next |
Nitto Denko Trading Date Momentum on September 20, 2024
| On September 23 2024 Nitto Denko Corp was traded for 15.40 at the closing time. The highest price during the trading period was 15.40 and the lowest recorded bid was listed for 14.90 . The volume for the day was 55.0. This history from September 23, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.32% . The trading delta at closing time to the current price is 1.97% . |
Price Boundaries
Nitto Denko Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Nitto Denko Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart 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.
Nitto Denko December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Nitto Denko stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nitto Denko shares will generate the highest return on investment. By undertsting and applying Nitto Denko stock market strength indicators, traders can identify Nitto Denko Corp entry and exit signals to maximize returns
Nitto Denko Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nitto Denko's price direction in advance. Along with the technical and fundamental analysis of Nitto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nitto 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 | 0.0324 | |||
| Jensen Alpha | 0.0527 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 1.21 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Nitto Stock Analysis
When running Nitto Denko's price analysis, check to measure Nitto Denko'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 Nitto Denko is operating at the current time. Most of Nitto Denko's value examination focuses on studying past and present price action to predict the probability of Nitto Denko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitto Denko's price. Additionally, you may evaluate how the addition of Nitto Denko to your portfolios can decrease your overall portfolio volatility.