Nl Industries Stock Price on April 15, 2024
| NL Stock | USD 8.00 0.21 2.56% |
Below is the normalized historical share price chart for NL Industries extending back to March 17, 1980. 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 NL Industries stands at 8.00, as last reported on the 2nd of May, with the highest price reaching 8.35 and the lowest price hitting 7.99 during the day.
If you're considering investing in NL Industries Stock, it is important to understand the factors that can impact its price. NL Industries appears to be somewhat reliable, given 3 months investment horizon. NL Industries retains Efficiency (Sharpe Ratio) of 0.27, which conveys that the firm had a 0.27% return per unit of price deviation over the last 3 months. By analyzing NL Industries' technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please exercise NL Industries' Standard Deviation of 2.79, market risk adjusted performance of 0.7627, and Mean Deviation of 2.03 to check out if our risk estimates are consistent with your expectations.
At this time, NL Industries' Sale Purchase Of Stock is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 10.9 M this year, although the value of Common Stock Shares Outstanding will most likely fall to about 40.8 M. . At this time, NL Industries' Price Book Value Ratio is quite stable compared to the past year. Price Earnings To Growth Ratio is expected to rise to 1.17 this year, although the value of Price Earnings Ratio is projected to rise to (112.75). NL Industries Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of April 1983 | 200 Day MA 5.5993 | 50 Day MA 6.9166 | Beta 0.713 |
NL Industries |
Sharpe Ratio = 0.2671
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Estimated Market Risk
| 2.82 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.75 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.27 actual daily | 20 80% of assets perform better |
Based on monthly moving average NL Industries is performing at about 20% 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 NL Industries by adding it to a well-diversified portfolio.
Price Book 1.0472 | Enterprise Value Ebitda (131.22) | Price Sales 2.401 | Shares Float 8.3 M | Dividend Share 0.28 |
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NL Industries Valuation on April 15, 2024
It is possible to determine the worth of NL Industries on a given historical date. On April 15, 2024 NL Industries was worth 8.05 at the beginning of the trading date compared to the closed value of 8.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NL Industries stock. Still, in general, we apply an absolute valuation method to find NL Industries' 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 NL Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NL Industries' related companies.
| Open | High | Low | Close | Volume | |
| 8.30 | 8.52 | 7.93 | 7.93 | 21,305 | |
04/15/2024 | 8.05 | 8.49 | 8.02 | 8.21 | 32,508 |
| 8.07 | 8.12 | 7.95 | 7.96 | 39,256 |
| Backtest NL Industries | | | NL Industries History | | | NL Industries Valuation | Previous | Next |
NL Industries Trading Date Momentum on April 15, 2024
| On April 16 2024 NL Industries was traded for 7.96 at the closing time. The highest price during the trading period was 8.12 and the lowest recorded bid was listed for 7.95 . The volume for the day was 39.3 K. This history from April 16, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 3.05% . The trading delta at closing time to the current price is 3.29% . |
NL Industries Fundamentals Correlations and Trends
By evaluating NL Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NL Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NL Industries financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NL Industries Stock history
NL Industries 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 NL Industries is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NL Industries 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 NL Industries stock prices may prove useful in developing a viable investing in NL Industries
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 48.8 M | 40.8 M | |
| Net Income Applicable To Common Shares | 30.5 M | 40.9 M |
NL Industries Quarterly Net Working Capital |
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NL Industries Stock Technical Analysis
NL Industries 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
NL Industries Period Price Range
Low | April 15, 2024
| High |
8.05 | 8.21 |
NL Industries May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how NL Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NL Industries shares will generate the highest return on investment. By undertsting and applying NL Industries stock market strength indicators, traders can identify NL Industries entry and exit signals to maximize returns
| Accumulation Distribution | 1799.62 | |||
| Daily Balance Of Power | 0.3404 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 8.25 | |||
| Day Typical Price | 8.24 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | (0.21) |
NL Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NL Industries' price direction in advance. Along with the technical and fundamental analysis of NL Industries Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NL Industries 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 | 0.1698 | |||
| Jensen Alpha | 0.6499 | |||
| Total Risk Alpha | 0.4804 | |||
| Sortino Ratio | 0.3163 | |||
| Treynor Ratio | 0.7527 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NL Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy NL Industries Stock please use our How to buy in NL Industries Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for NL Industries Stock analysis
When running NL Industries' price analysis, check to measure NL Industries' 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 NL Industries is operating at the current time. Most of NL Industries' value examination focuses on studying past and present price action to predict the probability of NL Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NL Industries' price. Additionally, you may evaluate how the addition of NL Industries to your portfolios can decrease your overall portfolio volatility.
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Is NL Industries' 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 NL Industries. If investors know NL Industries 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 NL Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.382 | Dividend Share 0.28 | Earnings Share (0.05) | Revenue Per Share 3.303 | Quarterly Revenue Growth 0.08 |
The market value of NL Industries is measured differently than its book value, which is the value of NL Industries that is recorded on the company's balance sheet. Investors also form their own opinion of NL Industries' value that differs from its market value or its book value, called intrinsic value, which is NL Industries' 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 NL Industries' market value can be influenced by many factors that don't directly affect NL Industries' 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 NL Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if NL Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NL Industries' 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.