NORTHERN NIGERIA (Nigeria) Price on October 21, 2024
NNFM Stock | 40.05 0.05 0.12% |
If you're considering investing in NORTHERN Stock, it is important to understand the factors that can impact its price. As of today, the current price of NORTHERN NIGERIA stands at 40.05, as last reported on the 13th of December 2024, with the highest price reaching 40.05 and the lowest price hitting 40.00 during the day. NORTHERN NIGERIA FLOUR has Sharpe Ratio of -0.0176, which conveys that the firm had a -0.0176% return per unit of standard deviation over the last 3 months. NORTHERN NIGERIA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NORTHERN NIGERIA's Market Risk Adjusted Performance of (7.63), risk adjusted performance of (0.03), and Mean Deviation of 1.79 to check out the risk estimate we provide.
NORTHERN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NORTHERN |
Sharpe Ratio = -0.0176
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Estimated Market Risk
3.69 actual daily | 32 68% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NORTHERN NIGERIA 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 NORTHERN NIGERIA by adding NORTHERN NIGERIA to a well-diversified portfolio.
NORTHERN NIGERIA Valuation on October 21, 2024
It is possible to determine the worth of NORTHERN NIGERIA on a given historical date. On October 21, 2024 NORTHERN was worth 34.8 at the beginning of the trading date compared to the closed value of 37.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NORTHERN NIGERIA stock. Still, in general, we apply an absolute valuation method to find NORTHERN NIGERIA'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 NORTHERN NIGERIA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NORTHERN NIGERIA's related companies.
Open | High | Low | Close | Volume | |
34.80 | 34.80 | 34.80 | 34.80 | 4,311 | |
10/21/2024 | 34.80 | 37.75 | 31.35 | 37.75 | 539,205 |
37.75 | 37.75 | 37.75 | 37.75 | 19,597 |
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NORTHERN NIGERIA Trading Date Momentum on October 21, 2024
On October 22 2024 NORTHERN NIGERIA FLOUR was traded for 37.75 at the closing time. The highest price during the trading period was 37.75 and the lowest recorded bid was listed for 37.75 . The volume for the day was 19.6 K. This history from October 22, 2024 did not cause price change. The trading delta at closing time to the current price is 0.66% . |
Price Boundaries
NORTHERN NIGERIA Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
NORTHERN NIGERIA FLOUR cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian 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.
NORTHERN NIGERIA December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how NORTHERN NIGERIA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NORTHERN NIGERIA shares will generate the highest return on investment. By undertsting and applying NORTHERN NIGERIA stock market strength indicators, traders can identify NORTHERN NIGERIA FLOUR entry and exit signals to maximize returns
NORTHERN NIGERIA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NORTHERN NIGERIA's price direction in advance. Along with the technical and fundamental analysis of NORTHERN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NORTHERN 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.