Nio Class A Stock Price on February 28, 2024
| NIO Stock | USD 4.49 0.36 8.72% |
If you're considering investing in Nio Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nio stands at 4.49, as last reported on the 29th of April, with the highest price reaching 4.54 and the lowest price hitting 4.39 during the day. Nio Class A has Sharpe Ratio of -0.0785, which conveys that the firm had a -0.0785% return per unit of risk over the last 3 months. Nio exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nio's Standard Deviation of 4.04, mean deviation of 3.09, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
Nio Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nio |
Sharpe Ratio = -0.0785
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NIO |
Estimated Market Risk
| 4.04 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nio 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 Nio by adding Nio to a well-diversified portfolio.
Nio Valuation on February 28, 2024
It is possible to determine the worth of Nio on a given historical date. On February 28, 2024 Nio was worth 5.6 at the beginning of the trading date compared to the closed value of 5.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nio stock. Still, in general, we apply an absolute valuation method to find Nio'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 Nio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nio's related companies.
| Open | High | Low | Close | Volume | |
| 5.81 | 5.93 | 5.72 | 5.78 | 53,528,420 | |
02/28/2024 | 5.60 | 5.61 | 5.39 | 5.43 | 57,757,387 |
| 5.56 | 5.79 | 5.54 | 5.75 | 63,096,369 |
| Backtest Nio | | | Nio History | | | Nio Valuation | Previous | Next |
Nio Trading Date Momentum on February 28, 2024
| On February 29 2024 Nio Class A was traded for 5.75 at the closing time. Highest Nio's price during the trading hours was 5.79 and the lowest price during the day was 5.54 . The net volume was 63.1 M. The overall trading history on the 29th of February contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 5.89% . The trading delta at closing time to current price is 9.02% . |
Nio Class A Fundamentals Correlations and Trends
By evaluating Nio'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 Nio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nio financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nio Stock history
Nio 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 Nio is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nio Class A 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 Nio stock prices may prove useful in developing a viable investing in Nio
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. NIO Inc. was incorporated in 2014 and is headquartered in Shanghai, China. Nio Inc operates under Auto Manufacturers classification in the United States and is traded on New York Stock Exchange. It employs 15204 people.
Nio Stock Technical Analysis
Nio 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.
Price Boundaries
Nio Period Price Range
Low | February 28, 2024
| High |
5.60 | 5.43 |
Nio April 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Nio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nio shares will generate the highest return on investment. By undertsting and applying Nio stock market strength indicators, traders can identify Nio Class A entry and exit signals to maximize returns
| Accumulation Distribution | 2.3 M | |||
| Daily Balance Of Power | (0.77) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 5.5 | |||
| Day Typical Price | 5.48 | |||
| Price Action Indicator | (0.16) | |||
| Period Momentum Indicator | (0.94) |
Nio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nio's price direction in advance. Along with the technical and fundamental analysis of Nio Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nio 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 | (0.04) | |||
| Jensen Alpha | (0.43) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (0.26) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nio Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Nio Stock analysis
When running Nio's price analysis, check to measure Nio'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 Nio is operating at the current time. Most of Nio's value examination focuses on studying past and present price action to predict the probability of Nio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nio's price. Additionally, you may evaluate how the addition of Nio to your portfolios can decrease your overall portfolio volatility.
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Nio's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nio. If investors know Nio will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nio Class A is measured differently than its book value, which is the value of Nio that is recorded on the company's balance sheet. Investors also form their own opinion of Nio's value that differs from its market value or its book value, called intrinsic value, which is Nio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nio's market value can be influenced by many factors that don't directly affect Nio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.