NBTM New (China) Price on October 15, 2024

600114 Stock   17.06  0.44  2.65%   
If you're considering investing in NBTM Stock, it is important to understand the factors that can impact its price. As of today, the current price of NBTM New stands at 17.06, as last reported on the 30th of December, with the highest price reaching 17.17 and the lowest price hitting 16.36 during the day. At this point, NBTM New is not too volatile. NBTM New Materials has Sharpe Ratio of 0.0072, which conveys that the company had a 0.0072% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for NBTM New, which you can use to evaluate the volatility of the entity. Please verify NBTM New's mean deviation of 2.46, and Downside Deviation of 3.11 to check out if the risk estimate we provide is consistent with the expected return of 0.0233%.
  
NBTM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0072

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Estimated Market Risk

 3.22
  actual daily
28
72% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average NBTM New is not performing at its full potential. However, 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 NBTM New by adding NBTM New to a well-diversified portfolio.

NBTM New Valuation on October 15, 2024

It is possible to determine the worth of NBTM New on a given historical date. On October 15, 2024 NBTM was worth 17.82 at the beginning of the trading date compared to the closed value of 17.83. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NBTM New stock. Still, in general, we apply an absolute valuation method to find NBTM New'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 NBTM New where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NBTM New's related companies.
 Open High Low Close Volume
  16.23    17.82    16.23    17.82    62,500,628  
10/15/2024
  17.82    18.55    17.68    17.83    71,730,712  
  17.48    18.25    17.39    18.10    45,137,766  
Backtest NBTM New  |  NBTM New History  |  NBTM New Valuation   PreviousNext  
Open Value
17.82
17.83
Closing Value
27.48
Upside

NBTM New Trading Date Momentum on October 15, 2024

On October 16 2024 NBTM New Materials was traded for  18.10  at the closing time. The highest price during the trading period was 18.25  and the lowest recorded bid was listed for  17.39 . The volume for the day was 45.1 M. This history from October 16, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 1.51% . The trading delta at closing time to the current price is 3.20% .

NBTM New Materials Fundamentals Correlations and Trends

By evaluating NBTM New'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 NBTM New's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NBTM financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NBTM New Stock history

NBTM New 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 NBTM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NBTM New Materials 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 NBTM New stock prices may prove useful in developing a viable investing in NBTM New

NBTM New Stock Technical Analysis

NBTM New 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.
A focus of NBTM New technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NBTM New trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

NBTM New Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

NBTM New Materials cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

NBTM New December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how NBTM New stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NBTM New shares will generate the highest return on investment. By undertsting and applying NBTM New stock market strength indicators, traders can identify NBTM New Materials entry and exit signals to maximize returns

NBTM New Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NBTM New's price direction in advance. Along with the technical and fundamental analysis of NBTM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NBTM 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.

Complementary Tools for NBTM Stock analysis

When running NBTM New's price analysis, check to measure NBTM New'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 NBTM New is operating at the current time. Most of NBTM New's value examination focuses on studying past and present price action to predict the probability of NBTM New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NBTM New's price. Additionally, you may evaluate how the addition of NBTM New to your portfolios can decrease your overall portfolio volatility.
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