Nine Energy Service Stock Price on August 26, 2021
| NINE Stock | USD 2.42 0.30 11.03% |
Below is the normalized historical share price chart for Nine Energy Service extending back to January 19, 2018. 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 Nine Energy stands at 2.42, as last reported on the 23rd of April, with the highest price reaching 2.67 and the lowest price hitting 2.38 during the day.
If you're considering investing in Nine Stock, it is important to understand the factors that can impact its price. We consider Nine Energy very risky. Nine Energy Service has Sharpe Ratio of 0.0238, which conveys that the firm had a 0.0238% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nine Energy, which you can use to evaluate the volatility of the firm. Please verify Nine Energy's Risk Adjusted Performance of 0.0298, downside deviation of 4.97, and Mean Deviation of 3.63 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
At present, Nine Energy's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 293.7 M, whereas Total Stockholder Equity is projected to grow to (33.8 M). . At present, Nine Energy's Price To Free Cash Flows Ratio is projected to drop based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 2.06, whereas Price Earnings Ratio is projected to grow to (2.63). Nine Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 19th of January 2018 | 200 Day MA 3.1844 | 50 Day MA 2.3176 | Beta 3.457 |
Nine |
Sharpe Ratio = 0.0238
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| Cash | Small Risk | Average Risk | NINE | Huge Risk |
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Estimated Market Risk
| 4.82 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nine Energy is performing at about 1% 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 Nine Energy by adding it to a well-diversified portfolio.
Price Book 5.0088 | Enterprise Value Ebitda 5.9871 | Price Sales 0.1634 | Shares Float 16.5 M | Wall Street Target Price 4.5 |
Nine Energy Valuation on August 26, 2021
It is possible to determine the worth of Nine Energy on a given historical date. On August 26, 2021 Nine was worth 2.89 at the beginning of the trading date compared to the closed value of 3.06. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nine Energy stock. Still, in general, we apply an absolute valuation method to find Nine Energy'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 Nine Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nine Energy's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 2.89 | 3.25 | 2.76 | 3.06 | 942,700 |
| 2.91 | 3.02 | 2.82 | 2.87 | 689,300 |
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Nine Energy Trading Date Momentum on August 26, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Nine Energy Service Fundamentals Correlations and Trends
By evaluating Nine Energy'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 Nine Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nine financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nine Energy Stock history
Nine Energy 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 Nine is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nine Energy Service 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 Nine Energy stock prices may prove useful in developing a viable investing in Nine Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 33.3 M | 29.6 M | |
| Net Income Applicable To Common Shares | 13 M | 13.6 M |
Nine Energy Quarterly Net Working Capital |
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Nine Energy Stock Technical Analysis
Nine Energy 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
Nine Energy Period Price Range
Low | April 7, 2022
| High |
2.89 | 3.06 |
Nine Energy April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Nine Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nine Energy shares will generate the highest return on investment. By undertsting and applying Nine Energy stock market strength indicators, traders can identify Nine Energy Service entry and exit signals to maximize returns
| Accumulation Distribution | 142130.0 | |||
| Daily Balance Of Power | 0.3469 | |||
| Rate Of Daily Change | 1.06 | |||
| Day Median Price | 3.01 | |||
| Day Typical Price | 3.02 | |||
| Price Action Indicator | 0.14 | |||
| Period Momentum Indicator | (0.64) |
Nine Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nine Energy's price direction in advance. Along with the technical and fundamental analysis of Nine Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nine 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 | 0.0298 | |||
| Jensen Alpha | 0.1504 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0151 | |||
| Treynor Ratio | 3.24 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nine Energy Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Nine Stock analysis
When running Nine Energy's price analysis, check to measure Nine Energy'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 Nine Energy is operating at the current time. Most of Nine Energy's value examination focuses on studying past and present price action to predict the probability of Nine Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nine Energy's price. Additionally, you may evaluate how the addition of Nine Energy to your portfolios can decrease your overall portfolio volatility.
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Is Nine Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nine Energy. If investors know Nine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Revenue Per Share 18.314 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0276 | Return On Equity (5.83) |
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.