Next Entertainment (Korea) Price on November 4, 2024
160550 Stock | KRW 2,290 20.00 0.88% |
If you're considering investing in Next Stock, it is important to understand the factors that can impact its price. As of today, the current price of Next Entertainment stands at 2,290, as last reported on the 27th of November, with the highest price reaching 2,310 and the lowest price hitting 2,180 during the day. Next Entertainment World has Sharpe Ratio of -0.0263, which conveys that the firm had a -0.0263% return per unit of risk over the last 3 months. Next Entertainment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Next Entertainment's Standard Deviation of 3.06, risk adjusted performance of (0.03), and Mean Deviation of 2.16 to check out the risk estimate we provide.
Next Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Next |
Sharpe Ratio = -0.0263
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | 160550 |
Estimated Market Risk
3.15 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Next Entertainment 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 Next Entertainment by adding Next Entertainment to a well-diversified portfolio.
Next Entertainment Valuation on November 4, 2024
It is possible to determine the worth of Next Entertainment on a given historical date. On November 4, 2024 Next was worth 2260.0 at the beginning of the trading date compared to the closed value of 2350.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Next Entertainment stock. Still, in general, we apply an absolute valuation method to find Next Entertainment'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 Next Entertainment where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Next Entertainment's related companies.
Open | High | Low | Close | Volume | |
2,330 | 2,340 | 2,240 | 2,260 | 82,221 | |
11/04/2024 | 2,260 | 2,435 | 2,140 | 2,350 | 135,468 |
2,330 | 2,525 | 2,320 | 2,515 | 217,027 |
Backtest Next Entertainment | | | Next Entertainment History | | | Next Entertainment Valuation | Previous | Next |
Next Entertainment Trading Date Momentum on November 4, 2024
On November 05 2024 Next Entertainment World was traded for 2,515 at the closing time. The highest price during the trading period was 2,525 and the lowest recorded bid was listed for 2,320 . The volume for the day was 217 K. This history from November 5, 2024 contributed to the next trading day price jump. The daily price change to the next closing price was 7.02% . The trading delta at closing time to the current price is 11.28% . |
Next Entertainment World Fundamentals Correlations and Trends
By evaluating Next Entertainment'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 Next Entertainment's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Next financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Next Entertainment Stock history
Next Entertainment 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 Next is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Next Entertainment World 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 Next Entertainment stock prices may prove useful in developing a viable investing in Next Entertainment
Next Entertainment World Co., Ltd. operates as a content distribution company in South Korea. The company was founded in 2008 and is headquartered in Seoul, South Korea. NEW is traded on Korean Securities Dealers Automated Quotations in South Korea.
Next Entertainment Stock Technical Analysis
Next Entertainment 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
Next Entertainment Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Next Entertainment World cannot be verified against its exchange. Please verify the symbol is currently traded on KOSDAQ. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Next Entertainment November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Next Entertainment stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Next Entertainment shares will generate the highest return on investment. By undertsting and applying Next Entertainment stock market strength indicators, traders can identify Next Entertainment World entry and exit signals to maximize returns
Next Entertainment Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Next Entertainment's price direction in advance. Along with the technical and fundamental analysis of Next Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Next 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 | (0.03) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.65) | |||
Treynor Ratio | 0.5394 |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for Next Stock analysis
When running Next Entertainment's price analysis, check to measure Next Entertainment'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 Next Entertainment is operating at the current time. Most of Next Entertainment's value examination focuses on studying past and present price action to predict the probability of Next Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Entertainment's price. Additionally, you may evaluate how the addition of Next Entertainment to your portfolios can decrease your overall portfolio volatility.
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