Nippon Mutual (India) Price on November 4, 2024
| PSUBNKBEES | 69.70 0.90 1.27% |
Below is the normalized historical share price chart for Nippon Mutual Funds extending back to January 02, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nippon Mutual stands at 69.70, as last reported on the 10th of January, with the highest price reaching 71.60 and the lowest price hitting 69.21 during the day.
If you're considering investing in Nippon Etf, it is important to understand the factors that can impact its price. Nippon Mutual Funds has Sharpe Ratio of -0.0507, which conveys that the entity had a -0.0507% return per unit of risk over the last 3 months. Nippon Mutual exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nippon Mutual's Mean Deviation of 1.1, risk adjusted performance of (0.04), and Standard Deviation of 1.61 to check out the risk estimate we provide.
Nippon Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Nippon |
Sharpe Ratio = -0.0507
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| Negative Returns | PSUBNKBEES |
Estimated Market Risk
| 1.63 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nippon Mutual 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 Nippon Mutual by adding Nippon Mutual to a well-diversified portfolio.
Nippon Mutual Valuation on November 4, 2024
It is possible to determine the worth of Nippon Mutual on a given historical date. On November 4, 2024 Nippon was worth 75.3 at the beginning of the trading date compared to the closed value of 75.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nippon Mutual etf. Still, in general, we apply an absolute valuation method to find Nippon Mutual'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 Nippon Mutual where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nippon Mutual's related companies.
| Open | High | Low | Close | Volume | |
| 74.86 | 74.86 | 74.86 | 74.86 | 428,629 | |
11/04/2024 | 75.30 | 75.74 | 73.52 | 75.21 | 2,006,143 |
| 75.21 | 76.65 | 74.93 | 76.54 | 3,603,352 |
| Backtest Nippon Mutual | | | Nippon Mutual History | Previous | Next |
Nippon Mutual Trading Date Momentum on November 4, 2024
| On November 05 2024 Nippon Mutual Funds was traded for 76.54 at the closing time. The highest price during the trading period was 76.65 and the lowest recorded bid was listed for 74.93 . The volume for the day was 3.6 M. This history from November 5, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.77% . The trading delta at closing time to the current price is 1.79% . |
Price Boundaries
Nippon Mutual Period Price Range
Low | January 10, 2025
| High |
0.00 | 0.00 |
Nippon Mutual Funds cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
Nippon Mutual January 10, 2025 Market Strength
Market strength indicators help investors to evaluate how Nippon Mutual etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nippon Mutual shares will generate the highest return on investment. By undertsting and applying Nippon Mutual etf market strength indicators, traders can identify Nippon Mutual Funds entry and exit signals to maximize returns
Nippon Mutual Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nippon Mutual's price direction in advance. Along with the technical and fundamental analysis of Nippon Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of 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.