Nvent Electric Plc Stock Price on February 20, 2024
| NVT Stock | USD 81.74 0.33 0.40% |
Below is the normalized historical share price chart for nVent Electric PLC extending back to April 17, 2018. 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 NVent Electric stands at 81.74, as last reported on the 11th of May 2024, with the highest price reaching 83.78 and the lowest price hitting 81.28 during the day.
If you're considering investing in NVent Stock, it is important to understand the factors that can impact its price. NVent Electric appears to be very steady, given 3 months investment horizon. nVent Electric PLC has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for NVent Electric, which you can use to evaluate the volatility of the firm. Please exercise NVent Electric's Risk Adjusted Performance of 0.171, downside deviation of 1.54, and Market Risk Adjusted Performance of 0.7652 to check out if our risk estimates are consistent with your expectations.
Issuance Of Capital Stock is likely to gain to about 11.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.4 B in 2024. . At this time, NVent Electric's Price Earnings Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 3.27 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 11.10 in 2024. NVent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of May 2018 | 200 Day MA 59.9214 | 50 Day MA 73.2524 | Beta 1.338 |
NVent |
Sharpe Ratio = 0.2465
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Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.41 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average NVent Electric is performing at about 19% 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 NVent Electric by adding it to a well-diversified portfolio.
Price Book 3.9174 | Enterprise Value Ebitda 19.4759 | Price Sales 3.7716 | Shares Float 165.3 M | Dividend Share 0.73 |
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NVent Electric Valuation on February 20, 2024
It is possible to determine the worth of NVent Electric on a given historical date. On February 20, 2024 NVent was worth 62.93 at the beginning of the trading date compared to the closed value of 62.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NVent Electric stock. Still, in general, we apply an absolute valuation method to find NVent Electric'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 NVent Electric where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NVent Electric's related companies.
| Open | High | Low | Close | Volume | |
| 63.39 | 64.77 | 63.08 | 63.41 | 1,309,147 | |
02/20/2024 | 62.93 | 63.47 | 62.24 | 62.55 | 918,007 |
| 62.32 | 63.23 | 62.11 | 63.04 | 1,030,923 |
| Backtest NVent Electric | | | NVent Electric History | | | NVent Electric Valuation | Previous | Next |
NVent Electric Trading Date Momentum on February 20, 2024
| On February 21 2024 nVent Electric PLC was traded for 63.04 at the closing time. Highest NVent Electric's price during the trading hours was 63.23 and the lowest price during the day was 62.11 . The net volume was 1 M. The overall trading history on the 21st of February contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.78% . The trading date delta to current price is 7.63% . |
nVent Electric PLC Fundamentals Correlations and Trends
By evaluating NVent Electric'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 NVent Electric's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NVent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NVent Electric Stock history
NVent Electric 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 NVent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in nVent Electric PLC 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 NVent Electric stock prices may prove useful in developing a viable investing in NVent Electric
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 168.2 M | 139.1 M | |
| Net Income Applicable To Common Shares | 459.8 M | 262.6 M |
NVent Electric Quarterly Net Working Capital |
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NVent Electric Stock Technical Analysis
NVent Electric 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
NVent Electric Period Price Range
Low | February 20, 2024
| High |
62.93 | 62.55 |
NVent Electric May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how NVent Electric stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NVent Electric shares will generate the highest return on investment. By undertsting and applying NVent Electric stock market strength indicators, traders can identify nVent Electric PLC entry and exit signals to maximize returns
| Accumulation Distribution | 17790.27 | |||
| Daily Balance Of Power | (0.31) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 62.86 | |||
| Day Typical Price | 62.75 | |||
| Price Action Indicator | (0.50) | |||
| Period Momentum Indicator | 19.19 |
NVent Electric Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NVent Electric's price direction in advance. Along with the technical and fundamental analysis of NVent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NVent 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 | 0.171 | |||
| Jensen Alpha | 0.3955 | |||
| Total Risk Alpha | 0.2386 | |||
| Sortino Ratio | 0.2368 | |||
| Treynor Ratio | 0.7552 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for NVent Stock analysis
When running NVent Electric's price analysis, check to measure NVent Electric'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 NVent Electric is operating at the current time. Most of NVent Electric's value examination focuses on studying past and present price action to predict the probability of NVent Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVent Electric's price. Additionally, you may evaluate how the addition of NVent Electric to your portfolios can decrease your overall portfolio volatility.
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Is NVent Electric'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 NVent Electric. If investors know NVent 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 NVent Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.107 | Dividend Share 0.73 | Earnings Share 3.43 | Revenue Per Share 20.511 | Quarterly Revenue Growth 0.181 |
The market value of nVent Electric PLC is measured differently than its book value, which is the value of NVent that is recorded on the company's balance sheet. Investors also form their own opinion of NVent Electric's value that differs from its market value or its book value, called intrinsic value, which is NVent Electric'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 NVent Electric's market value can be influenced by many factors that don't directly affect NVent Electric'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 NVent Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVent Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVent Electric'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.