Niutech Environment (China) Price on September 24, 2024
| 688309 Stock | 15.06 0.22 1.48% |
Below is the normalized historical share price chart for Niutech Environment Technology extending back to July 14, 2020. 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 Niutech Environment stands at 15.06, as last reported on the 12th of December 2024, with the highest price reaching 15.06 and the lowest price hitting 14.62 during the day.
If you're considering investing in Niutech Stock, it is important to understand the factors that can impact its price. Niutech Environment appears to be somewhat reliable, given 3 months investment horizon. Niutech Environment 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 Niutech Environment's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please exercise Niutech Environment's Risk Adjusted Performance of 0.1103, downside deviation of 3.4, and Mean Deviation of 2.59 to check out if our risk estimates are consistent with your expectations.
As of December 12, 2024, Total Stockholder Equity is expected to decline to about 524.7 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 74.3 M. Niutech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 13.3756 | 50 Day MA 14.0758 | Beta 0.299 |
Niutech |
Sharpe Ratio = 0.175
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 688309 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.81 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.67 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Niutech Environment 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 Niutech Environment by adding it to a well-diversified portfolio.
Price Book 1.651 | Enterprise Value Ebitda 46.9157 | Price Sales 14.6706 | Shares Float 37.5 M | Dividend Share 0.092 |
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Niutech Environment Valuation on September 24, 2024
It is possible to determine the worth of Niutech Environment on a given historical date. On September 24, 2024 Niutech was worth 10.7 at the beginning of the trading date compared to the closed value of 11.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Niutech Environment stock. Still, in general, we apply an absolute valuation method to find Niutech Environment'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 Niutech Environment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Niutech Environment's related companies.
| Open | High | Low | Close | Volume | |
| 10.62 | 10.76 | 10.49 | 10.65 | 220,185 | |
09/24/2024 | 10.70 | 11.07 | 10.70 | 11.00 | 239,843 |
| 11.11 | 11.35 | 11.10 | 11.23 | 285,899 |
| Backtest Niutech Environment | | | Niutech Environment History | | | Niutech Environment Valuation | Previous | Next |
Niutech Environment Trading Date Momentum on September 24, 2024
| On September 25 2024 Niutech Environment Technology was traded for 11.23 at the closing time. The highest price during the trading period was 11.35 and the lowest recorded bid was listed for 11.10 . The volume for the day was 285.9 K. This history from September 25, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 2.09% . The trading delta at closing time to the current price is 39.27% . |
Niutech Environment Fundamentals Correlations and Trends
By evaluating Niutech Environment'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 Niutech Environment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Niutech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Niutech Environment Stock history
Niutech Environment 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 Niutech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Niutech Environment 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 Niutech Environment stock prices may prove useful in developing a viable investing in Niutech Environment
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 92 M | 74.3 M | |
| Net Income Applicable To Common Shares | 13.2 M | 12.5 M |
Niutech Environment Quarterly Net Working Capital |
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Niutech Environment Stock Technical Analysis
Niutech Environment 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
Niutech Environment Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Niutech Environment Technology 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.
Niutech Environment December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Niutech Environment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Niutech Environment shares will generate the highest return on investment. By undertsting and applying Niutech Environment stock market strength indicators, traders can identify Niutech Environment Technology entry and exit signals to maximize returns
Niutech Environment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Niutech Environment's price direction in advance. Along with the technical and fundamental analysis of Niutech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Niutech 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 | 0.1103 | |||
| Jensen Alpha | 0.5305 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1146 | |||
| Treynor Ratio | (2.18) |
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Complementary Tools for Niutech Stock analysis
When running Niutech Environment's price analysis, check to measure Niutech Environment'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 Niutech Environment is operating at the current time. Most of Niutech Environment's value examination focuses on studying past and present price action to predict the probability of Niutech Environment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niutech Environment's price. Additionally, you may evaluate how the addition of Niutech Environment to your portfolios can decrease your overall portfolio volatility.
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