Nexans SA Stock Forecast - Rate Of Daily Change
| NEX Stock | EUR 93.20 4.10 4.60% |
Nexans Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nexans SA stock prices and determine the direction of Nexans SA's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nexans SA's historical fundamentals, such as revenue growth or operating cash flow patterns.
Nexans |
| Previous Rate Of Daily Change | Rate Of Daily Change | Trend |
| 0.97 | 1.05 |
| Check Nexans SA Volatility | Backtest Nexans SA | Information Ratio |
Nexans SA Trading Date Momentum
| On February 06 2025 Nexans SA was traded for 93.20 at the closing time. The maximum traded price for the trading interval was 95.85 and the lowest daily price was 90.80 . The daily volume was recorded at 265.9 K. The volume of trading on 6th of February 2025 did not cause price change. The trading delta at closing time to the closing price today is 1.82% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Nexans SA Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nexans SA stock to make a market-neutral strategy. Peer analysis of Nexans SA could also be used in its relative valuation, which is a method of valuing Nexans SA by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nexans SA Market Strength Events
Market strength indicators help investors to evaluate how Nexans SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexans SA shares will generate the highest return on investment. By undertsting and applying Nexans SA stock market strength indicators, traders can identify Nexans SA entry and exit signals to maximize returns.
| Accumulation Distribution | 14011.81 | |||
| Daily Balance Of Power | 0.8119 | |||
| Rate Of Daily Change | 1.05 | |||
| Day Median Price | 93.32 | |||
| Day Typical Price | 93.28 | |||
| Price Action Indicator | 1.93 | |||
| Period Momentum Indicator | 4.1 |
Nexans SA Risk Indicators
The analysis of Nexans SA's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nexans SA's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nexans stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.24 | |||
| Standard Deviation | 3.42 | |||
| Variance | 11.72 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Nexans Stock
Nexans SA financial ratios help investors to determine whether Nexans Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nexans with respect to the benefits of owning Nexans SA security.