Nintendo Co Stock Price on August 17, 2023

NTDOF Stock  USD 58.00  1.00  1.75%   
If you're considering investing in Nintendo Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nintendo stands at 58.00, as last reported on the 2nd of December, with the highest price reaching 60.70 and the lowest price hitting 57.50 during the day. At this point, Nintendo is very steady. Nintendo has Sharpe Ratio of 0.0612, which conveys that the firm had a 0.0612% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nintendo, which you can use to evaluate the volatility of the firm. Please verify Nintendo's Mean Deviation of 2.28, downside deviation of 2.93, and Risk Adjusted Performance of 0.0335 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
  
Nintendo Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0612

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Estimated Market Risk

 2.99
  actual daily
26
74% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Nintendo 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 Nintendo by adding it to a well-diversified portfolio.

Nintendo Valuation on August 17, 2023

It is possible to determine the worth of Nintendo on a given historical date. On August 17, 2023 Nintendo was worth 41.51 at the beginning of the trading date compared to the closed value of 42.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nintendo pink sheet. Still, in general, we apply an absolute valuation method to find Nintendo'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 Nintendo where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nintendo's related companies.
 Open High Low Close Volume
  42.92    42.92    41.52    42.92    55.00  
08/17/2023
  41.51    42.25    40.56    42.17    2,675  
  39.50    41.64    39.50    41.64    1,156  
Backtest Nintendo  |  Nintendo History  |  Nintendo Valuation   PreviousNext  
Open Value
41.51
42.17
Closing Value
50.47
Upside

Nintendo Trading Date Momentum on August 17, 2023

On August 18 2023 Nintendo Co was traded for  41.64  at the closing time. The highest daily price throughout the period was 41.64  and the lowest price was  39.50 . The daily volume was 1.2 K. The net trading volume on 08/18/2023 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 1.26% . The trading delta at closing time to current closing price is 1.00% .

Nintendo Fundamentals Correlations and Trends

By evaluating Nintendo'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 Nintendo's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nintendo financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nintendo Pink Sheet history

Nintendo 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 Nintendo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nintendo 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 Nintendo stock prices may prove useful in developing a viable investing in Nintendo
Nintendo Co., Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. Nintendo Co., Ltd. was founded in 1889 and is headquartered in Kyoto, Japan. Nintendo Ltd-Ord operates under Electronic Gaming Multimedia classification in the United States and is traded on OTC Exchange. It employs 6717 people.

Nintendo Pink Sheet Technical Analysis

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

Nintendo Period Price Range

Low
December 2, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nintendo Co 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.

Nintendo December 2, 2024 Market Strength

Market strength indicators help investors to evaluate how Nintendo 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 Nintendo shares will generate the highest return on investment. By undertsting and applying Nintendo pink sheet market strength indicators, traders can identify Nintendo Co entry and exit signals to maximize returns

Nintendo Technical and Predictive Indicators

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

Complementary Tools for Nintendo Pink Sheet analysis

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