Nextedia (France) Price on May 11, 2023
ALNXT Stock | EUR 0.43 0.01 2.27% |
If you're considering investing in Nextedia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nextedia stands at 0.43, as last reported on the 1st of December, with the highest price reaching 0.45 and the lowest price hitting 0.42 during the day. Nextedia has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. Nextedia exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nextedia's Risk Adjusted Performance of (0.09), mean deviation of 2.22, and Standard Deviation of 3.02 to check out the risk estimate we provide.
Nextedia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nextedia |
Sharpe Ratio = -0.1257
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Estimated Market Risk
3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
-0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nextedia 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 Nextedia by adding Nextedia to a well-diversified portfolio.
Nextedia Valuation on May 11, 2023
It is possible to determine the worth of Nextedia on a given historical date. On May 11, 2023 Nextedia was worth 0.64 at the beginning of the trading date compared to the closed value of 0.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nextedia stock. Still, in general, we apply an absolute valuation method to find Nextedia'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 Nextedia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nextedia's related companies.
Open | High | Low | Close | Volume | |
0.64 | 0.66 | 0.64 | 0.66 | 728.00 | |
05/11/2023 | 0.64 | 0.66 | 0.64 | 0.66 | 3,338 |
0.65 | 0.66 | 0.64 | 0.66 | 6,846 |
Backtest Nextedia | | | Nextedia History | | | Nextedia Valuation | Previous | Next |
Nextedia Trading Date Momentum on May 11, 2023
On May 12 2023 Nextedia was traded for 0.66 at the closing time. The highest price during the trading period was 0.66 and the lowest recorded bid was listed for 0.64 . The volume for the day was 6.8 K. This history from May 12, 2023 did not cause price change. The trading delta at closing time to the current price is 6.06% . |
Nextedia Fundamentals Correlations and Trends
By evaluating Nextedia'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 Nextedia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nextedia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nextedia Stock history
Nextedia 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 Nextedia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nextedia 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 Nextedia stock prices may prove useful in developing a viable investing in Nextedia
Nextedia S.A. provides digital marketing services in France. The company was formerly known as Social Mix Media Group and changed its name to Nextedia S.A. in July 2013. Nextedia S is traded on Paris Stock Exchange in France.
Nextedia Stock Technical Analysis
Nextedia 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
Nextedia Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nextedia cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Paris. 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.
Nextedia December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Nextedia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nextedia shares will generate the highest return on investment. By undertsting and applying Nextedia stock market strength indicators, traders can identify Nextedia entry and exit signals to maximize returns
Nextedia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nextedia's price direction in advance. Along with the technical and fundamental analysis of Nextedia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nextedia 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 | (0.09) | |||
Jensen Alpha | (0.45) | |||
Total Risk Alpha | (0.89) | |||
Treynor Ratio | (0.78) |
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Additional Tools for Nextedia Stock Analysis
When running Nextedia's price analysis, check to measure Nextedia'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 Nextedia is operating at the current time. Most of Nextedia's value examination focuses on studying past and present price action to predict the probability of Nextedia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextedia's price. Additionally, you may evaluate how the addition of Nextedia to your portfolios can decrease your overall portfolio volatility.