Nampak (South Africa) Price on October 4, 2023

NPK Stock   41,775  352.00  0.85%   
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 41,775, as last reported on the 27th of December, with the highest price reaching 41,775 and the lowest price hitting 39,701 during the day. Nampak has Sharpe Ratio of -0.0347, which conveys that the firm had a -0.0347% return per unit of risk over the last 3 months. Nampak exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nampak's Standard Deviation of 2.56, mean deviation of 1.53, and Risk Adjusted Performance of (0.01) 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 = -0.0347

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Estimated Market Risk

 2.64
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.03
  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 October 4, 2023

It is possible to determine the worth of Nampak on a given historical date. On October 4, 2023 Nampak was worth 20605.0 at the beginning of the trading date compared to the closed value of 20400.0. 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
  21,500    21,600    20,883    21,349    10,524  
10/04/2023
  20,605    21,340    19,603    20,400    31,289  
  20,000    20,397    19,675    20,208    12,173  
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Open Value
20605.0
20,597
Downside
20400.0
Closing Value
20,613
Upside

Nampak Trading Date Momentum on October 4, 2023

On October 05 2023 Nampak was traded for  20,208  at the closing time. The highest price during the trading period was 20,397  and the lowest recorded bid was listed for  19,675 . The volume for the day was 12.2 K. This history from October 5, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.94% . The trading delta at closing time to the current price is 10.91% .

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 27, 2024
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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 27, 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.
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