NEXON (Germany) Price on July 1, 2024
7NX Stock | EUR 13.10 0.20 1.55% |
If you're considering investing in NEXON Stock, it is important to understand the factors that can impact its price. As of today, the current price of NEXON stands at 13.10, as last reported on the 11th of December 2024, with the highest price reaching 13.90 and the lowest price hitting 13.10 during the day. NEXON has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of standard deviation over the last 3 months. NEXON exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEXON's Market Risk Adjusted Performance of (0.51), mean deviation of 2.12, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
NEXON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NEXON |
Sharpe Ratio = -0.1192
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Estimated Market Risk
3.08 actual daily | 27 73% of assets are more volatile |
Expected Return
-0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NEXON 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 NEXON by adding NEXON to a well-diversified portfolio.
NEXON Valuation on July 1, 2024
It is possible to determine the worth of NEXON on a given historical date. On July 1, 2024 NEXON was worth 16.6 at the beginning of the trading date compared to the closed value of 16.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEXON stock. Still, in general, we apply an absolute valuation method to find NEXON'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 NEXON where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEXON's related companies.
Open | High | Low | Close | Volume | |
16.90 | 16.90 | 16.90 | 16.90 | 3.00 | |
07/01/2024 | 16.60 | 16.60 | 16.60 | 16.60 | 3.00 |
16.50 | 16.50 | 16.50 | 16.50 | 3.00 |
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NEXON Trading Date Momentum on July 1, 2024
On July 02 2024 NEXON Co was traded for 16.50 at the closing time. The highest daily price throughout the period was 16.50 and the lowest price was 16.50 . There was no trading activity during the period 3.0. Lack of trading volume on 07/02/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 0.60% . The trading delta at closing time to current closing price is 12.05% . |
NEXON Fundamentals Correlations and Trends
By evaluating NEXON'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 NEXON's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NEXON financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NEXON Stock history
NEXON 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 NEXON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NEXON 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 NEXON stock prices may prove useful in developing a viable investing in NEXON
NEXON Co., Ltd. produces, develops, and services PC online and mobile games. The company was founded in 1994 and is headquartered in Tokyo, Japan. NEXON operates under Electronic Gaming Multimedia classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6288 people.
NEXON Stock Technical Analysis
NEXON 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
NEXON Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
NEXON Co cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. 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.
NEXON December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how NEXON stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEXON shares will generate the highest return on investment. By undertsting and applying NEXON stock market strength indicators, traders can identify NEXON Co entry and exit signals to maximize returns
NEXON Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEXON's price direction in advance. Along with the technical and fundamental analysis of NEXON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEXON 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 | (0.07) | |||
Jensen Alpha | (0.42) | |||
Total Risk Alpha | (0.83) | |||
Treynor Ratio | (0.52) |
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Volume Indicators |
Complementary Tools for NEXON Stock analysis
When running NEXON's price analysis, check to measure NEXON'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 NEXON is operating at the current time. Most of NEXON's value examination focuses on studying past and present price action to predict the probability of NEXON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXON's price. Additionally, you may evaluate how the addition of NEXON to your portfolios can decrease your overall portfolio volatility.
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