Nortech Systems Incorporated Stock Price on September 1, 2020
| NSYS Stock | USD 16.02 0.57 3.44% |
Below is the normalized historical share price chart for Nortech Systems Incorporated extending back to June 11, 1993. 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 Nortech Systems stands at 16.02, as last reported on the 3rd of May, with the highest price reaching 16.40 and the lowest price hitting 15.71 during the day.
If you're considering investing in Nortech Stock, it is important to understand the factors that can impact its price. Nortech Systems appears to be somewhat reliable, given 3 months investment horizon. Nortech Systems has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing Nortech Systems' technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise Nortech Systems' Risk Adjusted Performance of 0.1157, mean deviation of 3.06, and Downside Deviation of 3.61 to check out if our risk estimates are consistent with your expectations.
At this time, Nortech Systems' Common Stock is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 444.1 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 2.9 M in 2024. . At this time, Nortech Systems' Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.12 in 2024, whereas Price Earnings Ratio is likely to drop 3.54 in 2024. Nortech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of June 1993 | 200 Day MA 10.5986 | 50 Day MA 13.8954 | Beta 0.71 |
Nortech |
Sharpe Ratio = 0.1771
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NSYS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.73 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.84 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Nortech Systems is performing at about 13% 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 Nortech Systems by adding it to a well-diversified portfolio.
Price Book 1.2493 | Enterprise Value Ebitda 7.1609 | Price Sales 0.3147 | Shares Float 972.8 K | Earnings Share 2.38 |
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Nortech Systems Stock history
Nortech Systems 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 Nortech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nortech Systems 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 Nortech Systems stock prices may prove useful in developing a viable investing in Nortech Systems
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.9 M | 2.9 M | |
| Net Income Applicable To Common Shares | 1.8 M | 1.9 M |
Nortech Systems Quarterly Net Working Capital |
|
Nortech Systems Stock Technical Analysis
Nortech Systems 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
Nortech Systems Period Price Range
Nortech Systems May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Nortech Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nortech Systems shares will generate the highest return on investment. By undertsting and applying Nortech Systems stock market strength indicators, traders can identify Nortech Systems Incorporated entry and exit signals to maximize returns
Nortech Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nortech Systems' price direction in advance. Along with the technical and fundamental analysis of Nortech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nortech 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 | 0.1157 | |||
| Jensen Alpha | 0.7173 | |||
| Total Risk Alpha | 0.4412 | |||
| Sortino Ratio | 0.201 | |||
| Treynor Ratio | 0.6556 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nortech Systems Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Nortech Stock analysis
When running Nortech Systems' price analysis, check to measure Nortech Systems' 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 Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |
Is Nortech Systems' 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 Nortech Systems. If investors know Nortech 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 Nortech Systems 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 (0.21) | Earnings Share 2.38 | Revenue Per Share 51.185 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0514 |
The market value of Nortech Systems is measured differently than its book value, which is the value of Nortech that is recorded on the company's balance sheet. Investors also form their own opinion of Nortech Systems' value that differs from its market value or its book value, called intrinsic value, which is Nortech Systems' 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 Nortech Systems' market value can be influenced by many factors that don't directly affect Nortech Systems' 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 Nortech Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nortech Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nortech Systems' 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.