Nortech Systems Incorporated Stock Price on December 4, 2024

NSYS Stock  USD 11.65  0.40  3.56%   
Below is the normalized historical share price chart for Nortech Systems Incorporated extending back to June 11, 1993. 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 Nortech Systems stands at 11.65, as last reported on the 10th of December, with the highest price reaching 11.65 and the lowest price hitting 10.76 during the day.
IPO Date
24th of June 1993
200 Day MA
12.8165
50 Day MA
11.6498
Beta
0.532
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Nortech Stock, it is important to understand the factors that can impact its price. Currently, Nortech Systems Incorporated is somewhat reliable. Nortech Systems has Sharpe Ratio of 0.0192, which conveys that the firm had a 0.0192% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nortech Systems, which you can use to evaluate the volatility of the firm. Please verify Nortech Systems' Mean Deviation of 2.38, downside deviation of 3.38, and Risk Adjusted Performance of 0.0178 to check out if the risk estimate we provide is consistent with the expected return of 0.0666%.
  
At this time, Nortech Systems' Common Stock is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 444.1 K in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 2.9 M in 2024. . At this time, Nortech Systems' Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.12 in 2024, whereas Price Earnings Ratio is likely to drop 3.54 in 2024. Nortech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0192

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Estimated Market Risk

 3.48
  actual daily
30
70% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Nortech Systems is performing at about 1% 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 Nortech Systems by adding it to a well-diversified portfolio.
Price Book
0.8751
Enterprise Value Ebitda
8.7029
Price Sales
0.2369
Shares Float
985.2 K
Earnings Share
1.57

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Nortech Systems Valuation on December 4, 2024

It is possible to determine the worth of Nortech Systems on a given historical date. On December 4, 2024 Nortech was worth 10.94 at the beginning of the trading date compared to the closed value of 11.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nortech Systems stock. Still, in general, we apply an absolute valuation method to find Nortech Systems' 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 Nortech Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nortech Systems' related companies.
 Open High Low Close Volume
  11.45    11.45    11.01    11.28    5,005  
12/04/2024
  10.94    11.23    10.94    11.20    1,488  
  10.98    11.03    10.82    10.98    1,740  
Backtest Nortech Systems  |  Nortech Systems History  |  Nortech Systems Valuation   PreviousNext  
Open Value
10.94
11.2
Closing Value
21.38
Upside

Nortech Systems Trading Date Momentum on December 4, 2024

On December 05 2024 Nortech Systems Incorporated was traded for  10.98  at the closing time. The top price for the day was 11.03  and the lowest listed price was  10.82 . The trading volume for the day was 1.7 K. The trading history from December 5, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.96% . The trading delta at closing time against the current closing price is 1.34% .

Nortech Systems Fundamentals Correlations and Trends

By evaluating Nortech Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nortech Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nortech financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nortech Systems Stock history

Nortech Systems 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 Nortech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nortech Systems 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 Nortech Systems stock prices may prove useful in developing a viable investing in Nortech Systems
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.9 M2.9 M
Net Income Applicable To Common Shares1.8 M1.9 M

Nortech Systems Quarterly Net Working Capital

36.96 Million

Nortech Systems Stock Technical Analysis

Nortech Systems 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 Nortech Systems technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nortech Systems 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

Nortech Systems Period Price Range

Low
December 10, 2024
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High

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Nortech Systems Incorporated cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Nortech Systems December 10, 2024 Market Strength

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

Nortech Systems Technical and Predictive Indicators

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

Additional Tools for Nortech Stock Analysis

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