Nissan Chemical Industries Stock Price on January 31, 2024
| NNCHY Stock | USD 34.04 5.02 17.30% |
If you're considering investing in Nissan Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nissan Chemical stands at 34.04, as last reported on the 22nd of December, with the highest price reaching 34.04 and the lowest price hitting 28.80 during the day. Nissan Chemical appears to be somewhat reliable, given 3 months investment horizon. Nissan Chemical Indu has Sharpe Ratio of 0.0522, which conveys that the firm had a 0.0522% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nissan Chemical, which you can use to evaluate the volatility of the firm. Please exercise Nissan Chemical's Mean Deviation of 4.61, risk adjusted performance of 0.0355, and Downside Deviation of 7.8 to check out if our risk estimates are consistent with your expectations.
Nissan Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nissan |
Sharpe Ratio = 0.0522
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Estimated Market Risk
| 8.33 actual daily | 74 74% of assets are less volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Nissan Chemical is performing at about 4% 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 Nissan Chemical by adding it to a well-diversified portfolio.
Nissan Chemical Valuation on January 31, 2024
It is possible to determine the worth of Nissan Chemical on a given historical date. On January 31, 2024 Nissan was worth 39.4 at the beginning of the trading date compared to the closed value of 39.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nissan Chemical pink sheet. Still, in general, we apply an absolute valuation method to find Nissan Chemical'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 Nissan Chemical where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nissan Chemical's related companies.
| Open | High | Low | Close | Volume | |
| 38.82 | 38.82 | 38.82 | 38.82 | 3,097 | |
01/31/2024 | 39.40 | 39.40 | 39.40 | 39.40 | 1,482 |
| 38.85 | 38.85 | 38.85 | 38.85 | 652.00 |
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Nissan Chemical Trading Date Momentum on January 31, 2024
| On February 01 2024 Nissan Chemical Industries was traded for 38.85 at the closing time. The highest daily price throughout the period was 38.85 and the lowest price was 38.85 . The daily volume was 652. The net trading volume on 02/01/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.40% . The trading delta at closing time to current closing price is 1.80% . |
Nissan Chemical Indu Fundamentals Correlations and Trends
By evaluating Nissan Chemical'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 Nissan Chemical's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nissan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nissan Chemical Pink Sheet history
Nissan Chemical 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 Nissan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nissan Chemical Indu 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 Nissan Chemical stock prices may prove useful in developing a viable investing in Nissan Chemical
Nissan Chemical Corporation engages in the chemicals, performance materials, agricultural chemicals, and pharmaceuticals businesses in Japan and internationally. Nissan Chemical Corporation was founded in 1887 and is headquartered in Tokyo, Japan. Nissan Chemical operates under Chemicals classification in the United States and is traded on OTC Exchange. It employs 2737 people.
Nissan Chemical Pink Sheet Technical Analysis
Nissan Chemical 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
Nissan Chemical Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Nissan Chemical Industries 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.
Nissan Chemical December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nissan Chemical 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 Nissan Chemical shares will generate the highest return on investment. By undertsting and applying Nissan Chemical pink sheet market strength indicators, traders can identify Nissan Chemical Industries entry and exit signals to maximize returns
Nissan Chemical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nissan Chemical's price direction in advance. Along with the technical and fundamental analysis of Nissan Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nissan 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 | 0.0355 | |||
| Jensen Alpha | 0.2816 | |||
| Total Risk Alpha | 0.0356 | |||
| Sortino Ratio | 0.032 | |||
| Treynor Ratio | (0.60) |
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Additional Tools for Nissan Pink Sheet Analysis
When running Nissan Chemical's price analysis, check to measure Nissan Chemical'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 Nissan Chemical is operating at the current time. Most of Nissan Chemical's value examination focuses on studying past and present price action to predict the probability of Nissan Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nissan Chemical's price. Additionally, you may evaluate how the addition of Nissan Chemical to your portfolios can decrease your overall portfolio volatility.