NACCO INDS-A (Germany) Today
| NA6A Stock | EUR 26.40 0.20 0.75% |
Performance0 of 100
| Odds Of DistressLess than 9
|
NACCO INDS-A is trading at 26.40 as of the 30th of April 2024, a -0.75 percent decrease since the beginning of the trading day. The stock's lowest day price was 26.4. NACCO INDS-A has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for NACCO INDS A are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of May 2022 and ending today, the 30th of April 2024. Click here to learn more.
Moving together with NACCO Stock
| 0.89 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.89 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.89 | APC | Apple Inc Earnings Call This Week | PairCorr |
| 0.9 | APC | Apple Inc Earnings Call This Week | PairCorr |
Moving against NACCO Stock
| 0.91 | DBPE | Xtrackers LevDAX | PairCorr |
| 0.76 | AMZ | Amazon Inc | PairCorr |
| 0.56 | GSR | Gossan Resources | PairCorr |
| 0.55 | MSF | Microsoft | PairCorr |
| 0.53 | MSF | Microsoft | PairCorr |
| 0.53 | MSF | Microsoft | PairCorr |
| 0.53 | MSF | Microsoft | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
NACCO Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NACCO INDS-A's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NACCO INDS-A or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Other, Other (View all Sectors) |
NACCO INDS A (NA6A) is traded on Berlin Exchange in Germany . The company currently falls under 'Small-Cap' category with a current market capitalization of 192.34 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NACCO INDS-A's market, we take the total number of its shares issued and multiply it by NACCO INDS-A's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. NACCO INDS A operates under Other sector and is part of Other industry. The entity has 0 outstanding shares.
NACCO INDS-A generates positive cash flow from operations, but has no cash available
Check NACCO INDS-A Probability Of Bankruptcy
NACCO Stock Price Odds Analysis
What are NACCO INDS-A's target price odds to finish over the current price? Based on a normal probability distribution, the odds of NACCO INDS-A jumping above the current price in 90 days from now is about 83.8%. The NACCO INDS A probability density function shows the probability of NACCO INDS-A stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon NACCO INDS-A has a beta of 0.0343. This indicates as returns on the market go up, NACCO INDS-A average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NACCO INDS A will be expected to be much smaller as well. Additionally, nACCO INDS A has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of NACCO INDS-A to move above the current price in 90 days from now is about 83.8 (This NACCO INDS A probability density function shows the probability of NACCO Stock to fall within a particular range of prices over 90 days) .
NACCO INDS A Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. NACCO INDS-A market risk premium is the additional return an investor will receive from holding NACCO INDS-A long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NACCO INDS-A. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although NACCO INDS-A's alpha and beta are two of the key measurements used to evaluate NACCO INDS-A's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.19 | |||
| Standard Deviation | 1.68 | |||
| Variance | 2.83 | |||
| Risk Adjusted Performance | (0.12) |
NACCO Stock Against Markets
Picking the right benchmark for NACCO INDS-A stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NACCO INDS-A stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NACCO INDS-A is critical whether you are bullish or bearish towards NACCO INDS A at a given time. Please also check how NACCO INDS-A's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in NACCO INDS-A without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Stock Screener Now
Stock ScreenerFind equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
| All Next | Launch Module |
How to buy NACCO Stock?
Before investing in NACCO INDS-A, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NACCO INDS-A. To buy NACCO INDS-A stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of NACCO INDS-A. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase NACCO INDS-A stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located NACCO INDS A stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased NACCO INDS A stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NACCO INDS A, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in NACCO INDS A?
The danger of trading NACCO INDS A is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NACCO INDS-A is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NACCO INDS-A. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NACCO INDS A is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NACCO INDS 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 board of governors. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for NACCO Stock analysis
When running NACCO INDS-A's price analysis, check to measure NACCO INDS-A'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 NACCO INDS-A is operating at the current time. Most of NACCO INDS-A's value examination focuses on studying past and present price action to predict the probability of NACCO INDS-A's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NACCO INDS-A's price. Additionally, you may evaluate how the addition of NACCO INDS-A to your portfolios can decrease your overall portfolio volatility.
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device |