Nampak (South Africa) Price on September 6, 2023

NPK Stock   41,423  1,223  3.04%   
If you're considering investing in Nampak Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nampak stands at 41,423, as last reported on the 26th of December, with the highest price reaching 41,423 and the lowest price hitting 40,000 during the day. Nampak has Sharpe Ratio of -0.0402, which conveys that the firm had a -0.0402% return per unit of risk over the last 3 months. Nampak exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nampak's Risk Adjusted Performance of (0.01), mean deviation of 1.53, and Standard Deviation of 2.56 to check out the risk estimate we provide.
  
Nampak Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0402

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsNPK

Estimated Market Risk

 2.62
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nampak 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 Nampak by adding Nampak to a well-diversified portfolio.

Nampak Valuation on September 6, 2023

It is possible to determine the worth of Nampak on a given historical date. On September 6, 2023 Nampak was worth 23099.0 at the beginning of the trading date compared to the closed value of 22649.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nampak stock. Still, in general, we apply an absolute valuation method to find Nampak'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 Nampak where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nampak's related companies.
 Open High Low Close Volume
  21,306    22,355    21,162    21,162    22,155  
09/06/2023
  23,099    23,099    21,650    22,649    17,565  
  22,150    23,500    22,150    23,500    19,622  
Backtest Nampak  |  Nampak History  |  Nampak Valuation   PreviousNext  
Open Value
23099.0
23,091
Downside
22649.0
Closing Value
23,107
Upside

Nampak Trading Date Momentum on September 6, 2023

On September 07 2023 Nampak was traded for  23,500  at the closing time. The highest price during the trading period was 23,500  and the lowest recorded bid was listed for  22,150 . The volume for the day was 19.6 K. This history from September 7, 2023 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 3.76% . The trading delta at closing time to the current price is 1.55% .

Nampak Fundamentals Correlations and Trends

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

About Nampak Stock history

Nampak 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 Nampak is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nampak 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 Nampak stock prices may prove useful in developing a viable investing in Nampak

Nampak Stock Technical Analysis

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

Nampak Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nampak cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.

Nampak December 26, 2024 Market Strength

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

Nampak Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nampak's price direction in advance. Along with the technical and fundamental analysis of Nampak Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nampak 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 Nampak Stock analysis

When running Nampak's price analysis, check to measure Nampak'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 Nampak is operating at the current time. Most of Nampak's value examination focuses on studying past and present price action to predict the probability of Nampak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nampak's price. Additionally, you may evaluate how the addition of Nampak to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios