Nn Inc Stock Price on September 30, 2023
| NNBR Stock | USD 3.59 0.31 9.45% |
Below is the normalized historical share price chart for NN Inc extending back to March 15, 1994. 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 NN stands at 3.59, as last reported on the 23rd of May, with the highest price reaching 3.59 and the lowest price hitting 3.31 during the day.
If you're considering investing in NN Stock, it is important to understand the factors that can impact its price. NN Inc retains Efficiency (Sharpe Ratio) of -0.1, which conveys that the firm had a -0.1% return per unit of price deviation over the last 3 months. NN exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NN's Market Risk Adjusted Performance of 3.35, mean deviation of 2.83, and Information Ratio of (0.12) to check out the risk estimate we provide.
At this time, NN's Other Stockholder Equity is relatively stable compared to the past year. As of 05/23/2024, Capital Stock is likely to grow to about 479.1 K, while Common Stock Shares Outstanding is likely to drop slightly above 24.6 M. . At this time, NN's Price To Operating Cash Flows Ratio is relatively stable compared to the past year. As of 05/23/2024, Price To Free Cash Flows Ratio is likely to grow to 22.19, though Price Earnings Ratio is likely to grow to (3.54). NN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 15th of May 1994 | 200 Day MA 3.2599 | 50 Day MA 4.0492 | Beta 3.044 |
NN |
Sharpe Ratio = -0.1016
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| Negative Returns | NNBR |
Estimated Market Risk
| 4.23 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NN 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 NN by adding NN to a well-diversified portfolio.
Price Book 1.5496 | Enterprise Value Ebitda 28.0899 | Price Sales 0.3939 | Shares Float 34.4 M | Wall Street Target Price 6.75 |
NN Valuation on September 30, 2023
It is possible to determine the worth of NN on a given historical date. On September 30, 2023 NN was worth 1.95 at the beginning of the trading date compared to the closed value of 1.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NN stock. Still, in general, we apply an absolute valuation method to find NN'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 NN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NN's related companies.
| Open | High | Low | Close | Volume | |
| 1.91 | 1.98 | 1.84 | 1.89 | 30,400 | |
09/29/2023 | 1.95 | 1.95 | 1.82 | 1.86 | 16,953 |
| 1.82 | 1.84 | 1.70 | 1.81 | 124,627 |
| Backtest NN | | | NN History | | | NN Valuation | Previous | Next |
NN Trading Date Momentum on September 30, 2023
| On October 02 2023 NN Inc was traded for 1.81 at the closing time. The top price for the day was 1.84 and the lowest listed price was 1.70 . The trading volume for the day was 124.6 K. The trading history from October 2, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.69% . The trading delta at closing time against the current closing price is 11.29% . |
NN Inc Fundamentals Correlations and Trends
By evaluating NN'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 NN's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NN Stock history
NN 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 NN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NN Inc 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 NN stock prices may prove useful in developing a viable investing in NN
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 46.7 M | 24.6 M | |
| Net Loss | -23.5 M | -22.3 M |
NN Stock Technical Analysis
NN 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
NN Period Price Range
Low | September 29, 2023
| High |
1.95 | 1.86 |
NN May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how NN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NN shares will generate the highest return on investment. By undertsting and applying NN stock market strength indicators, traders can identify NN Inc entry and exit signals to maximize returns
| Accumulation Distribution | 1130.2 | |||
| Daily Balance Of Power | (0.69) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 1.89 | |||
| Day Typical Price | 1.88 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | 1.73 |
NN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NN's price direction in advance. Along with the technical and fundamental analysis of NN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NN 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 | (0.05) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | 3.34 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NN Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the NN Inc information on this page should be used as a complementary analysis to other NN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for NN Stock analysis
When running NN's price analysis, check to measure NN'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 NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.
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Is NN'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 NN. If investors know NN 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 NN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.40) | Revenue Per Share 10.21 | Quarterly Revenue Growth (0.05) | Return On Assets (0.02) | Return On Equity (0.23) |
The market value of NN Inc is measured differently than its book value, which is the value of NN that is recorded on the company's balance sheet. Investors also form their own opinion of NN's value that differs from its market value or its book value, called intrinsic value, which is NN'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 NN's market value can be influenced by many factors that don't directly affect NN'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 NN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NN'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.