Nampak (South Africa) Price on December 20, 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 29th of December, with the highest price reaching 41,775 and the lowest price hitting 39,701 during the day. Nampak has Sharpe Ratio of -0.0292, which conveys that the firm had a -0.0292% 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 Risk Adjusted Performance of (0.01), standard deviation of 2.56, and Mean Deviation of 1.53 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.
Nampak |
Sharpe Ratio = -0.0292
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Estimated Market Risk
2.62 actual daily | 23 77% of assets are more volatile |
Expected Return
-0.08 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 December 20, 2023
It is possible to determine the worth of Nampak on a given historical date. On December 20, 2023 Nampak was worth 17781.0 at the beginning of the trading date compared to the closed value of 18099.0. 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 | |
17,146 | 18,000 | 17,146 | 17,902 | 5,285 | |
12/20/2023 | 17,781 | 18,099 | 17,781 | 18,099 | 4,935 |
17,411 | 18,075 | 17,400 | 18,075 | 3,580 |
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Nampak Trading Date Momentum on December 20, 2023
On December 21 2023 Nampak was traded for 18,075 at the closing time. The highest price during the trading period was 18,075 and the lowest recorded bid was listed for 17,400 . The volume for the day was 3.6 K. This history from December 21, 2023 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.13% . The trading delta at closing time to the current price is 2.77% . |
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.
Price Boundaries
Nampak Period Price Range
Low | December 29, 2024
| 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 29, 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.14) | |||
Treynor Ratio | 0.4967 |
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Volume Indicators |
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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