NEXTIN (Korea) Price on September 2, 2024
| 348210 Stock | KRW 56,200 900.00 1.63% |
If you're considering investing in NEXTIN Stock, it is important to understand the factors that can impact its price. As of today, the current price of NEXTIN stands at 56,200, as last reported on the 23rd of November, with the highest price reaching 56,700 and the lowest price hitting 54,800 during the day. NEXTIN appears to be very steady, given 3 months investment horizon. NEXTIN Inc has Sharpe Ratio of 0.0859, which conveys that the firm had a 0.0859% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for NEXTIN, which you can use to evaluate the volatility of the firm. Please exercise NEXTIN's Risk Adjusted Performance of 0.1177, mean deviation of 1.98, and Market Risk Adjusted Performance of (0.46) to check out if our risk estimates are consistent with your expectations.
NEXTIN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NEXTIN |
Sharpe Ratio = 0.0859
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | 348210 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.85 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average NEXTIN is performing at about 6% 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 NEXTIN by adding it to a well-diversified portfolio.
NEXTIN Valuation on September 2, 2024
It is possible to determine the worth of NEXTIN on a given historical date. On September 2, 2024 NEXTIN was worth 47800.0 at the beginning of the trading date compared to the closed value of 46950.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEXTIN stock. Still, in general, we apply an absolute valuation method to find NEXTIN'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 NEXTIN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEXTIN's related companies.
| Open | High | Low | Close | Volume | |
| 48,200 | 48,600 | 47,350 | 48,200 | 31,303 | |
09/02/2024 | 47,800 | 47,800 | 46,550 | 46,950 | 25,698 |
| 46,950 | 47,200 | 46,300 | 46,800 | 21,742 |
| Backtest NEXTIN | | | NEXTIN History | | | NEXTIN Valuation | Previous | Next |
NEXTIN Trading Date Momentum on September 2, 2024
| On September 03 2024 NEXTIN Inc was traded for 46,800 at the closing time. The highest price during the trading period was 47,200 and the lowest recorded bid was listed for 46,300 . The volume for the day was 21.7 K. This history from September 3, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.32% . The trading delta at closing time to the current price is 5.54% . |
NEXTIN Inc Fundamentals Correlations and Trends
By evaluating NEXTIN'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 NEXTIN's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NEXTIN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NEXTIN Stock history
NEXTIN 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 NEXTIN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NEXTIN Inc 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 NEXTIN stock prices may prove useful in developing a viable investing in NEXTIN
NEXTIN, Inc. manufactures defect inspection and metrology systems for semiconductor and display industries in South Korea. The company was founded in 2010 and is headquartered in Hwaseong-si, South Korea. NEXTIN is traded on Korean Securities Dealers Automated Quotations in South Korea.
NEXTIN Stock Technical Analysis
NEXTIN 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
NEXTIN Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
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NEXTIN November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how NEXTIN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEXTIN shares will generate the highest return on investment. By undertsting and applying NEXTIN stock market strength indicators, traders can identify NEXTIN Inc entry and exit signals to maximize returns
NEXTIN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEXTIN's price direction in advance. Along with the technical and fundamental analysis of NEXTIN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEXTIN 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 | 0.1177 | |||
| Jensen Alpha | 0.4697 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0984 | |||
| Treynor Ratio | (0.47) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NEXTIN Stock analysis
When running NEXTIN's price analysis, check to measure NEXTIN'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 NEXTIN is operating at the current time. Most of NEXTIN's value examination focuses on studying past and present price action to predict the probability of NEXTIN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXTIN's price. Additionally, you may evaluate how the addition of NEXTIN to your portfolios can decrease your overall portfolio volatility.
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