Nishi-Nippon Railroad (Germany) Price on September 13, 2024
NNR Stock | EUR 13.80 0.10 0.73% |
If you're considering investing in Nishi-Nippon Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nishi-Nippon Railroad stands at 13.80, as last reported on the 1st of March, with the highest price reaching 13.80 and the lowest price hitting 13.80 during the day. Nishi Nippon Railroad has Sharpe Ratio of -0.0235, which conveys that the firm had a -0.0235 % return per unit of risk over the last 3 months. Nishi-Nippon Railroad exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nishi-Nippon Railroad's Standard Deviation of 1.52, risk adjusted performance of (0.02), and Mean Deviation of 1.09 to check out the risk estimate we provide.
Nishi-Nippon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nishi-Nippon |
Sharpe Ratio = -0.0235
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Estimated Market Risk
1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nishi-Nippon Railroad is not performing at its full potential. However, 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 Nishi-Nippon Railroad by adding Nishi-Nippon Railroad to a well-diversified portfolio.
Nishi-Nippon Railroad Valuation on September 13, 2024
It is possible to determine the worth of Nishi-Nippon Railroad on a given historical date. On September 13, 2024 Nishi-Nippon was worth 14.3 at the beginning of the trading date compared to the closed value of 14.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nishi-Nippon Railroad stock. Still, in general, we apply an absolute valuation method to find Nishi-Nippon Railroad'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 Nishi-Nippon Railroad where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nishi-Nippon Railroad's related companies.
Open | High | Low | Close | Volume | |
14.20 | 14.20 | 14.20 | 14.20 | 1.00 | |
09/13/2024 | 14.30 | 14.30 | 14.30 | 14.30 | 1.00 |
14.30 | 14.30 | 14.30 | 14.30 | 1.00 |
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Nishi-Nippon Railroad Trading Date Momentum on September 13, 2024
On September 16 2024 Nishi Nippon Railroad Co was traded for 14.30 at the closing time. The highest daily price throughout the period was 14.30 and the lowest price was 14.30 . There was no trading activity during the period 1.0. Lack of trading volume on 09/16/2024 did not cause price change. The trading delta at closing time to current closing price is 2.80% . |
Nishi Nippon Railroad Fundamentals Correlations and Trends
By evaluating Nishi-Nippon Railroad'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 Nishi-Nippon Railroad's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nishi-Nippon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nishi-Nippon Railroad Stock history
Nishi-Nippon Railroad 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 Nishi-Nippon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nishi Nippon Railroad 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 Nishi-Nippon Railroad stock prices may prove useful in developing a viable investing in Nishi-Nippon Railroad
Nishi-Nippon Railroad Co., Ltd. primarily engages in the transportation business in Japan. Nishi-Nippon Railroad Co., Ltd. was founded in 1908 and is headquartered in Fukuoka, Japan. NISHI NIPPON is traded on Frankfurt Stock Exchange in Germany.
Nishi-Nippon Railroad Stock Technical Analysis
Nishi-Nippon Railroad 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.
Price Boundaries
Nishi-Nippon Railroad Period Price Range
Low | March 1, 2025
| High |
0.00 | 0.00 |
Nishi Nippon Railroad Co cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Nishi-Nippon Railroad March 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Nishi-Nippon Railroad stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nishi-Nippon Railroad shares will generate the highest return on investment. By undertsting and applying Nishi-Nippon Railroad stock market strength indicators, traders can identify Nishi Nippon Railroad Co entry and exit signals to maximize returns
Nishi-Nippon Railroad Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nishi-Nippon Railroad's price direction in advance. Along with the technical and fundamental analysis of Nishi-Nippon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nishi-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.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.01) | |||
Treynor Ratio | (0.33) |
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Complementary Tools for Nishi-Nippon Stock analysis
When running Nishi-Nippon Railroad's price analysis, check to measure Nishi-Nippon Railroad'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 Nishi-Nippon Railroad is operating at the current time. Most of Nishi-Nippon Railroad's value examination focuses on studying past and present price action to predict the probability of Nishi-Nippon Railroad's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nishi-Nippon Railroad's price. Additionally, you may evaluate how the addition of Nishi-Nippon Railroad to your portfolios can decrease your overall portfolio volatility.
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