Niu Technologies Stock Price on March 19, 2024
| NIU Stock | USD 2.38 0.10 4.39% |
If you're considering investing in Niu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Niu Technologies stands at 2.38, as last reported on the 2nd of May, with the highest price reaching 2.43 and the lowest price hitting 2.28 during the day. Niu Technologies appears to be very risky, given 3 months investment horizon. Niu Technologies has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Niu Technologies' technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please exercise Niu Technologies' Mean Deviation of 4.11, downside deviation of 3.94, and Risk Adjusted Performance of 0.087 to check out if our risk estimates are consistent with your expectations.
Niu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Niu |
Sharpe Ratio = 0.1215
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Estimated Market Risk
| 5.73 actual daily | 50 50% of assets are less volatile |
Expected Return
| 0.7 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Niu Technologies is performing at about 9% 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 Niu Technologies by adding it to a well-diversified portfolio.
Niu Technologies Valuation on March 19, 2024
It is possible to determine the worth of Niu Technologies on a given historical date. On March 19, 2024 Niu was worth 1.68 at the beginning of the trading date compared to the closed value of 1.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Niu Technologies stock. Still, in general, we apply an absolute valuation method to find Niu Technologies' 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 Niu Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Niu Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 1.62 | 1.76 | 1.60 | 1.72 | 705,531 | |
03/19/2024 | 1.68 | 1.78 | 1.66 | 1.75 | 366,239 |
| 1.73 | 1.80 | 1.67 | 1.71 | 576,331 |
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Niu Technologies Trading Date Momentum on March 19, 2024
| On March 20 2024 Niu Technologies was traded for 1.71 at the closing time. Highest Niu Technologies's price during the trading hours was 1.80 and the lowest price during the day was 1.67 . The net volume was 576.3 K. The overall trading history on the 20th of March contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.29% . The trading delta at closing time to current price is 3.43% . |
Niu Technologies Fundamentals Correlations and Trends
By evaluating Niu Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Niu Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Niu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Niu Technologies Stock history
Niu Technologies 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 Niu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Niu Technologies 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 Niu Technologies stock prices may prove useful in developing a viable investing in Niu Technologies
Niu Technologies designs, manufactures, and sells smart electric scooters in the Peoples Republic of China. Niu Technologies was incorporated in 2014 and is headquartered in Beijing, the Peoples Republic of China. Niu Technologies operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 702 people.
Niu Technologies Stock Technical Analysis
Niu Technologies 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
Niu Technologies Period Price Range
Low | March 19, 2024
| High |
1.68 | 1.75 |
Niu Technologies May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Niu Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Niu Technologies shares will generate the highest return on investment. By undertsting and applying Niu Technologies stock market strength indicators, traders can identify Niu Technologies entry and exit signals to maximize returns
Niu Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Niu Technologies' price direction in advance. Along with the technical and fundamental analysis of Niu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Niu 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 | 0.087 | |||
| Jensen Alpha | 0.614 | |||
| Total Risk Alpha | 0.284 | |||
| Sortino Ratio | 0.163 | |||
| Treynor Ratio | 0.4278 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Niu Technologies. 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. For more information on how to buy Niu Stock please use our How to Invest in Niu Technologies guide.You can also try the Positions Ratings module to 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.
Complementary Tools for Niu Stock analysis
When running Niu Technologies' price analysis, check to measure Niu Technologies' 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 Niu Technologies is operating at the current time. Most of Niu Technologies' value examination focuses on studying past and present price action to predict the probability of Niu Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niu Technologies' price. Additionally, you may evaluate how the addition of Niu Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Niu Technologies' 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 Niu Technologies. If investors know Niu 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 Niu Technologies 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 Niu Technologies is measured differently than its book value, which is the value of Niu that is recorded on the company's balance sheet. Investors also form their own opinion of Niu Technologies' value that differs from its market value or its book value, called intrinsic value, which is Niu Technologies' 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 Niu Technologies' market value can be influenced by many factors that don't directly affect Niu Technologies' 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 Niu Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Niu Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Niu Technologies' 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.