Nippon Carbon Co Stock Beta
| NCRBFDelisted Stock | USD 30.28 0.00 0.00% |
Nippon Carbon Co fundamentals help investors to digest information that contributes to Nippon Carbon's financial success or failures. It also enables traders to predict the movement of Nippon Pink Sheet. The fundamental analysis module provides a way to measure Nippon Carbon's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nippon Carbon pink sheet.
Nippon |
Nippon Carbon Co Company Beta Analysis
Nippon Carbon's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Nippon Carbon Beta | 0.67 |
Most of Nippon Carbon's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nippon Carbon Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
CompetitionIn accordance with the recently published financial statements, Nippon Carbon Co has a Beta of 0.6738. This is 22.55% lower than that of the Basic Materials sector and 38.75% lower than that of the Specialty Chemicals industry. The beta for all United States stocks is notably lower than that of the firm.
Nippon Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nippon Carbon's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nippon Carbon could also be used in its relative valuation, which is a method of valuing Nippon Carbon by comparing valuation metrics of similar companies.Nippon Carbon is currently under evaluation in beta category among related companies.
As returns on the market increase, Nippon Carbon's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nippon Carbon is expected to be smaller as well.
Nippon Fundamentals
| Return On Equity | 0.0691 | |||
| Return On Asset | 0.0408 | |||
| Profit Margin | 0.09 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 301.79 M | |||
| Shares Outstanding | 11.04 M | |||
| Shares Owned By Insiders | 2.55 % | |||
| Shares Owned By Institutions | 33.30 % | |||
| Price To Earning | 18.09 X | |||
| Price To Book | 1.01 X | |||
| Price To Sales | 0.01 X | |||
| Revenue | 31.58 B | |||
| Gross Profit | 9.85 B | |||
| EBITDA | 6.88 B | |||
| Net Income | 2.73 B | |||
| Cash And Equivalents | 17.76 B | |||
| Total Debt | 1.39 B | |||
| Debt To Equity | 0.19 % | |||
| Current Ratio | 2.60 X | |||
| Book Value Per Share | 4,126 X | |||
| Cash Flow From Operations | 7.55 B | |||
| Earnings Per Share | 2.91 X | |||
| Number Of Employees | 648 | |||
| Beta | 0.67 | |||
| Market Capitalization | 369.83 M | |||
| Total Asset | 72.69 B | |||
| Annual Yield | 0.05 % | |||
| Net Asset | 72.69 B |
About Nippon Carbon Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nippon Carbon Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nippon Carbon using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nippon Carbon Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nippon Carbon in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nippon Carbon's short interest history, or implied volatility extrapolated from Nippon Carbon options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios. 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 labor statistics. Note that the Nippon Carbon information on this page should be used as a complementary analysis to other Nippon Carbon'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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Nippon Pink Sheet
If you are still planning to invest in Nippon Carbon check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nippon Carbon's history and understand the potential risks before investing.
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| 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 | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |