Nutriband Warrant Stock Price on November 15, 2023
| NTRBW Stock | USD 1.56 0.09 6.12% |
If you're considering investing in Nutriband Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nutriband Warrant stands at 1.56, as last reported on the 22nd of December, with the highest price reaching 1.56 and the lowest price hitting 1.56 during the day. Nutriband Warrant appears to be abnormally volatile, given 3 months investment horizon. Nutriband Warrant has Sharpe Ratio of 0.0838, which conveys that the firm had a 0.0838% return per unit of risk over the last 3 months. By analyzing Nutriband Warrant's technical indicators, you can evaluate if the expected return of 0.93% is justified by implied risk. Please exercise Nutriband Warrant's Risk Adjusted Performance of 0.0892, downside deviation of 14.06, and Mean Deviation of 7.92 to check out if our risk estimates are consistent with your expectations.
At this time, Nutriband Warrant's Other Stockholder Equity is fairly stable compared to the past year. Common Stock is likely to climb to about 10.3 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 7.5 M in 2024. . At this time, Nutriband Warrant's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 3.39 in 2024, whereas Price Earnings Ratio is likely to drop (3.97) in 2024. Nutriband Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nutriband |
Sharpe Ratio = 0.0838
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Estimated Market Risk
| 11.08 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.93 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nutriband Warrant is performing at about 6% 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 Nutriband Warrant by adding it to a well-diversified portfolio.
Book Value 0.727 | Shares Float 5 M | Shares Short Prior Month 458 | Earnings Share (0.51) | Shares Short 1 K |
Nutriband Warrant Valuation on November 15, 2023
It is possible to determine the worth of Nutriband Warrant on a given historical date. On November 15, 2023 Nutriband was worth 0.46 at the beginning of the trading date compared to the closed value of 0.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nutriband Warrant stock. Still, in general, we apply an absolute valuation method to find Nutriband Warrant'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 Nutriband Warrant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nutriband Warrant's related companies.
| Open | High | Low | Close | Volume | |
| 0.51 | 0.51 | 0.49 | 0.49 | 300.00 | |
11/15/2023 | 0.46 | 0.57 | 0.41 | 0.50 | 9,200 |
| 0.55 | 0.80 | 0.50 | 0.54 | 7,000 |
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Nutriband Warrant Trading Date Momentum on November 15, 2023
| On November 16 2023 Nutriband Warrant was traded for 0.54 at the closing time. The highest daily price throughout the period was 0.80 and the lowest price was 0.50 . The daily volume was 7 K. The net trading volume on 11/16/2023 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 8.00% . The trading delta at closing time to current closing price is 4.00% . |
Nutriband Warrant Fundamentals Correlations and Trends
By evaluating Nutriband Warrant'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 Nutriband Warrant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nutriband financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nutriband Warrant Stock history
Nutriband Warrant 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 Nutriband is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nutriband Warrant 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 Nutriband Warrant stock prices may prove useful in developing a viable investing in Nutriband Warrant
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 8 M | 7.5 M |
Nutriband Warrant Stock Technical Analysis
Nutriband Warrant 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
Nutriband Warrant Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Nutriband Warrant cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Nutriband Warrant December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nutriband Warrant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nutriband Warrant shares will generate the highest return on investment. By undertsting and applying Nutriband Warrant stock market strength indicators, traders can identify Nutriband Warrant entry and exit signals to maximize returns
Nutriband Warrant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nutriband Warrant's price direction in advance. Along with the technical and fundamental analysis of Nutriband Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nutriband 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 | 0.0892 | |||
| Jensen Alpha | 1.27 | |||
| Total Risk Alpha | 0.8476 | |||
| Sortino Ratio | 0.0822 | |||
| Treynor Ratio | (0.30) |
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Additional Tools for Nutriband Stock Analysis
When running Nutriband Warrant's price analysis, check to measure Nutriband Warrant'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 Nutriband Warrant is operating at the current time. Most of Nutriband Warrant's value examination focuses on studying past and present price action to predict the probability of Nutriband Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nutriband Warrant's price. Additionally, you may evaluate how the addition of Nutriband Warrant to your portfolios can decrease your overall portfolio volatility.