Nihon Kohden Corp Stock Price on December 16, 2024
| NHNKY Stock | USD 15.31 0.16 1.06% |
If you're considering investing in Nihon Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nihon Kohden stands at 15.31, as last reported on the 20th of December, with the highest price reaching 15.31 and the lowest price hitting 15.31 during the day. At this stage we consider Nihon Pink Sheet to be somewhat reliable. Nihon Kohden Corp has Sharpe Ratio of 0.0366, which conveys that the firm had a 0.0366% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nihon Kohden, which you can use to evaluate the volatility of the firm. Please verify Nihon Kohden's Downside Deviation of 5.23, mean deviation of 3.79, and Risk Adjusted Performance of 0.0356 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
Nihon Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nihon |
Sharpe Ratio = 0.0366
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Estimated Market Risk
| 4.88 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nihon Kohden is performing at about 2% 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 Nihon Kohden by adding it to a well-diversified portfolio.
Nihon Kohden Valuation on December 16, 2024
It is possible to determine the worth of Nihon Kohden on a given historical date. On December 16, 2024 Nihon was worth 13.5 at the beginning of the trading date compared to the closed value of 14.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nihon Kohden pink sheet. Still, in general, we apply an absolute valuation method to find Nihon Kohden'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 Nihon Kohden where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nihon Kohden's related companies.
| Open | High | Low | Close | Volume | |
| 13.92 | 13.92 | 13.92 | 13.92 | 1,331 | |
12/16/2024 | 13.50 | 15.05 | 13.25 | 14.19 | 5,400 |
| 13.17 | 14.32 | 13.17 | 13.71 | 3,000 |
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Nihon Kohden Trading Date Momentum on December 16, 2024
| On December 17 2024 Nihon Kohden Corp was traded for 13.71 at the closing time. The highest daily price throughout the period was 14.32 and the lowest price was 13.17 . The daily volume was 3 K. The net trading volume on 12/17/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 3.38% . The trading delta at closing time to current closing price is 7.89% . |
Nihon Kohden Corp Fundamentals Correlations and Trends
By evaluating Nihon Kohden'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 Nihon Kohden's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nihon financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nihon Kohden Pink Sheet history
Nihon Kohden 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 Nihon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nihon Kohden Corp 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 Nihon Kohden stock prices may prove useful in developing a viable investing in Nihon Kohden
Nihon Kohden Corporation engages in research and development, production, sale, repair, and maintenance of medical electronic equipment in Japan, Americas, Europe, rest of Asia, and internationally. The company was incorporated in 1951 and is headquartered in Shinjuku, Japan. Nihon Kohden operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 56 people.
Nihon Kohden Pink Sheet Technical Analysis
Nihon Kohden 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
Nihon Kohden Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Nihon Kohden Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Nihon Kohden December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Nihon Kohden 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 Nihon Kohden shares will generate the highest return on investment. By undertsting and applying Nihon Kohden pink sheet market strength indicators, traders can identify Nihon Kohden Corp entry and exit signals to maximize returns
Nihon Kohden Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nihon Kohden's price direction in advance. Along with the technical and fundamental analysis of Nihon Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nihon 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 | 0.0356 | |||
| Jensen Alpha | 0.1602 | |||
| Total Risk Alpha | 0.0135 | |||
| Sortino Ratio | 0.0262 | |||
| Treynor Ratio | 12.16 |
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Additional Tools for Nihon Pink Sheet Analysis
When running Nihon Kohden's price analysis, check to measure Nihon Kohden'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 Nihon Kohden is operating at the current time. Most of Nihon Kohden's value examination focuses on studying past and present price action to predict the probability of Nihon Kohden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nihon Kohden's price. Additionally, you may evaluate how the addition of Nihon Kohden to your portfolios can decrease your overall portfolio volatility.