Nitto Denko Corp Stock Buy Hold or Sell Recommendation
| NDEKY Stock | USD 45.43 0.29 0.64% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Nitto Denko Corp is 'Strong Sell'. Macroaxis provides Nitto Denko buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NDEKY positions. The advice algorithm takes into account all of Nitto Denko's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nitto Denko's buy or sell advice are summarized below:
Real Value 37.1 | Hype Value 45.43 | Market Value 45.43 | Naive Value 44.49 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nitto Denko Corp given historical horizon and risk tolerance towards Nitto Denko. When Macroaxis issues a 'buy' or 'sell' recommendation for Nitto Denko Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nitto |
Execute Nitto Denko Buy or Sell Advice
The Nitto recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nitto Denko Corp. Macroaxis does not own or have any residual interests in Nitto Denko Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nitto Denko's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nitto Denko Returns Distribution Density
The distribution of Nitto Denko's historical returns is an attempt to chart the uncertainty of Nitto Denko's future price movements. The chart of the probability distribution of Nitto Denko daily returns describes the distribution of returns around its average expected value. We use Nitto Denko Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nitto Denko returns is essential to provide solid investment advice for Nitto Denko.
| Mean Return | 0.28 | Value At Risk | -2.4 | Potential Upside | 3.20 | Standard Deviation | 1.67 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nitto Denko historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nitto Denko Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nitto Denko or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nitto Denko's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nitto pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.28 | |
β | Beta against NYSE Composite | -0.09 | |
σ | Overall volatility | 1.69 | |
Ir | Information ratio | 0.11 |
Nitto Denko Volatility Alert
Nitto Denko Corp has relatively low volatility with skewness of 0.57 and kurtosis of 0.43. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nitto Denko's pink sheet risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nitto Denko's pink sheet price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nitto Denko Fundamentals Vs Peers
Comparing Nitto Denko's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nitto Denko's direct or indirect competition across all of the common fundamentals between Nitto Denko and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nitto Denko or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Nitto Denko's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nitto Denko by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nitto Denko to competition |
| Fundamentals | Nitto Denko | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0886 | -0.14 |
| Profit Margin | 0.12 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Current Valuation | 6.97 B | 16.62 B |
| Shares Outstanding | 296.03 M | 571.82 M |
| Shares Owned By Institutions | 0.02 % | 39.21 % |
| Price To Earning | 14.44 X | 28.72 X |
| Price To Book | 1.39 X | 9.51 X |
| Price To Sales | 0.01 X | 11.42 X |
| Revenue | 853.45 B | 9.43 B |
| Gross Profit | 302.39 B | 27.38 B |
| EBITDA | 183.87 B | 3.9 B |
| Net Income | 97.13 B | 570.98 M |
| Cash And Equivalents | 286.8 B | 2.7 B |
| Cash Per Share | 968.65 X | 5.01 X |
| Total Debt | 255 M | 5.32 B |
| Current Ratio | 3.24 X | 2.16 X |
| Book Value Per Share | 3,028 X | 1.93 K |
| Cash Flow From Operations | 144.49 B | 971.22 M |
| Earnings Per Share | 2.78 X | 3.12 X |
| Number Of Employees | 25.96 K | 18.84 K |
| Beta | 1.1 | -0.15 |
| Market Capitalization | 9.43 B | 19.03 B |
| Total Asset | 1.09 T | 29.47 B |
| Retained Earnings | 568.57 B | 9.33 B |
| Working Capital | 334.09 B | 1.48 B |
| Current Asset | 494.85 B | 9.34 B |
| Current Liabilities | 160.76 B | 7.9 B |
| Z Score | 21.6 | 8.72 |
| Annual Yield | 0.03 % | |
| Five Year Return | 2.65 % | |
| Net Asset | 1.09 T |
Nitto Denko Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nitto . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nitto Denko Buy or Sell Advice
When is the right time to buy or sell Nitto Denko Corp? Buying financial instruments such as Nitto Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Nitto Denko in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Electronics Thematic Idea Now
Electronics
Companies manufacturing electronic appliances and goods. The Electronics theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Electronics Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Nitto Denko Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Nitto Pink Sheet analysis
When running Nitto Denko's price analysis, check to measure Nitto Denko'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 Nitto Denko is operating at the current time. Most of Nitto Denko's value examination focuses on studying past and present price action to predict the probability of Nitto Denko's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitto Denko's price. Additionally, you may evaluate how the addition of Nitto Denko to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |