Nippon Electric Glass Stock Price on March 15, 2023
NPEGF Stock | USD 21.48 0.00 0.00% |
If you're considering investing in Nippon Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nippon Electric stands at 21.48, as last reported on the 29th of March, with the highest price reaching 21.48 and the lowest price hitting 21.48 during the day. Nippon Electric appears to be very steady, given 3 months investment horizon. Nippon Electric Glass has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Nippon Electric, which you can use to evaluate the volatility of the firm. Please exercise Nippon Electric's Mean Deviation of 0.4152, standard deviation of 1.65, and Risk Adjusted Performance of 0.0778 to check out if our risk estimates are consistent with your expectations.
Nippon Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nippon |
Sharpe Ratio = 0.128
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Estimated Market Risk
1.65 actual daily | 14 86% of assets are more volatile |
Expected Return
0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nippon Electric is performing at about 9% 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 Nippon Electric by adding it to a well-diversified portfolio.
Nippon Electric Valuation on March 15, 2023
It is possible to determine the worth of Nippon Electric on a given historical date. On March 15, 2023 Nippon was worth 18.46 at the beginning of the trading date compared to the closed value of 18.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nippon Electric pink sheet. Still, in general, we apply an absolute valuation method to find Nippon Electric'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 Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nippon Electric's related companies.
Open | High | Low | Close | Volume | |
18.46 | 18.46 | 18.02 | 18.02 | 110.00 | |
03/15/2023 | 18.46 | 18.46 | 18.46 | 18.46 | 1.00 |
18.71 | 18.71 | 18.27 | 18.27 | 400.00 |
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Nippon Electric Trading Date Momentum on March 15, 2023
On March 16 2023 Nippon Electric Glass was traded for 18.27 at the closing time. The highest daily price throughout the period was 18.71 and the lowest price was 18.27 . The daily volume was 400. The net trading volume on 03/16/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.03% . The trading delta at closing time to current closing price is 1.35% . |
Nippon Electric Glass Fundamentals Correlations and Trends
By evaluating Nippon Electric'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 Nippon Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nippon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nippon Electric Pink Sheet history
Nippon Electric 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 Nippon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nippon Electric Glass 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 Nippon Electric stock prices may prove useful in developing a viable investing in Nippon Electric
Nippon Electric Glass Co., Ltd. manufactures and sells specialty glass products and glassmaking machinery in Japan, China, South Korea, the United States, Europe, and internationally. Nippon Electric Glass Co., Ltd. was incorporated in 1944 and is headquartered in Otsu, Japan. NIPPON ELECTRIC operates under Electronic Components classification in the United States and is traded on OTC Exchange. It employs 6251 people.
Nippon Electric Pink Sheet Technical Analysis
Nippon Electric 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
Nippon Electric Period Price Range
Low | March 15, 2023
| High |
18.46 | 18.46 |
Nippon Electric March 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Nippon Electric 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 Nippon Electric shares will generate the highest return on investment. By undertsting and applying Nippon Electric pink sheet market strength indicators, traders can identify Nippon Electric Glass entry and exit signals to maximize returns
Rate Of Daily Change | 1.0 | |||
Day Median Price | 18.46 | |||
Day Typical Price | 18.46 | |||
Period Momentum Indicator | 3.02 | |||
Relative Strength Index | 100.0 |
Nippon Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nippon Electric's price direction in advance. Along with the technical and fundamental analysis of Nippon Pink Sheet 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.
Risk Adjusted Performance | 0.0778 | |||
Jensen Alpha | 0.2025 | |||
Total Risk Alpha | (0.17) | |||
Treynor Ratio | (16.90) |
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Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nippon Electric Glass. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Nippon Electric Glass information on this page should be used as a complementary analysis to other Nippon Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Nippon Pink Sheet analysis
When running Nippon Electric's price analysis, check to measure Nippon Electric'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 Nippon Electric is operating at the current time. Most of Nippon Electric's value examination focuses on studying past and present price action to predict the probability of Nippon Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nippon Electric's price. Additionally, you may evaluate how the addition of Nippon Electric to your portfolios can decrease your overall portfolio volatility.
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