Nongfu Spring Co Stock Price on March 11, 2024
| NNFSF Stock | USD 6.44 0.33 5.40% |
If you're considering investing in Nongfu Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nongfu Spring stands at 6.44, as last reported on the 19th of May, with the highest price reaching 6.44 and the lowest price hitting 6.44 during the day. Nongfu Spring appears to be not too volatile, given 3 months investment horizon. Nongfu Spring has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty technical indicators for Nongfu Spring, which you can use to evaluate the volatility of the firm. Please exercise Nongfu Spring's Standard Deviation of 1.43, risk adjusted performance of 0.087, and Mean Deviation of 0.5439 to check out if our risk estimates are consistent with your expectations.
Nongfu Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nongfu |
Sharpe Ratio = 0.1405
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Estimated Market Risk
| 1.45 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Nongfu Spring is performing at about 10% 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 Nongfu Spring by adding it to a well-diversified portfolio.
Nongfu Spring Valuation on March 11, 2024
It is possible to determine the worth of Nongfu Spring on a given historical date. On March 11, 2024 Nongfu was worth 5.43 at the beginning of the trading date compared to the closed value of 5.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nongfu Spring pink sheet. Still, in general, we apply an absolute valuation method to find Nongfu Spring'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 Nongfu Spring where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nongfu Spring's related companies.
| Open | High | Low | Close | Volume | |
| 5.43 | 5.43 | 5.43 | 5.43 | 1.00 | |
03/11/2024 | 5.43 | 5.43 | 5.43 | 5.43 | 1.00 |
| 5.43 | 5.43 | 5.43 | 5.43 | 1.00 |
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Nongfu Spring Trading Date Momentum on March 11, 2024
| On March 12 2024 Nongfu Spring Co was traded for 5.43 at the closing time. The highest daily price throughout the period was 5.43 and the lowest price was 5.43 . There was no trading activity during the period 1.0. Lack of trading volume on 03/12/2024 did not cause price change. The trading delta at closing time to current closing price is 0.74% . |
Nongfu Spring Fundamentals Correlations and Trends
By evaluating Nongfu Spring'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 Nongfu Spring's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nongfu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nongfu Spring Pink Sheet history
Nongfu Spring 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 Nongfu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nongfu Spring 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 Nongfu Spring stock prices may prove useful in developing a viable investing in Nongfu Spring
Nongfu Spring Co., Ltd. produces and markets packaged drinking water and beverage products primarily in Mainland China. Nongfu Spring Co., Ltd. is a subsidiary of Yangshengtang Co., Ltd. Nongfu Spring operates under BeveragesNon-Alcoholic classification in the United States and is traded on OTC Exchange. It employs 20000 people.
Nongfu Spring Pink Sheet Technical Analysis
Nongfu Spring technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Nongfu Spring Period Price Range
Low | March 11, 2024
| High |
5.43 | 5.43 |
Nongfu Spring May 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Nongfu Spring pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nongfu Spring shares will generate the highest return on investment. By undertsting and applying Nongfu Spring pink sheet market strength indicators, traders can identify Nongfu Spring Co entry and exit signals to maximize returns
Nongfu Spring Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nongfu Spring's price direction in advance. Along with the technical and fundamental analysis of Nongfu Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nongfu 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 | 0.087 | |||
| Jensen Alpha | 0.1939 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (2.62) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nongfu Spring Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Nongfu Pink Sheet analysis
When running Nongfu Spring's price analysis, check to measure Nongfu Spring'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 Nongfu Spring is operating at the current time. Most of Nongfu Spring's value examination focuses on studying past and present price action to predict the probability of Nongfu Spring's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nongfu Spring's price. Additionally, you may evaluate how the addition of Nongfu Spring to your portfolios can decrease your overall portfolio volatility.
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