Chardan Nextech Acquisition Stock Price on August 27, 2024
| DFLIW Stock | USD 0.01 0 27.53% |
If you're considering investing in Chardan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chardan NexTech stands at 0.01, as last reported on the 25th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. Chardan NexTech is out of control given 3 months investment horizon. Chardan NexTech Acqu secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. We were able to collect and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 16.01% are justified by taking the suggested risk. Use Chardan NexTech mean deviation of 38.77, and Risk Adjusted Performance of 0.0998 to evaluate company specific risk that cannot be diversified away.
Chardan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chardan |
Sharpe Ratio = 0.1172
| Best Portfolio | Best Equity | DFLIW | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 136.62 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Chardan NexTech is performing at about 9% 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 Chardan NexTech by adding it to a well-diversified portfolio.
Chardan NexTech Valuation on August 27, 2024
It is possible to determine the worth of Chardan NexTech on a given historical date. On August 27, 2024 Chardan was worth 0.04 at the beginning of the trading date compared to the closed value of 0.0323. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chardan NexTech stock. Still, in general, we apply an absolute valuation method to find Chardan NexTech'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 Chardan NexTech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chardan NexTech's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 30,000 | |
08/27/2024 | 0.04 | 0.04 | 0.03 | 0.03 | 122,243 |
| 0.04 | 0.04 | 0.03 | 0.03 | 61,755 |
| Backtest Chardan NexTech | | | Chardan NexTech History | | | Chardan NexTech Valuation | Previous | Next |
Chardan NexTech Trading Date Momentum on August 27, 2024
| On August 28 2024 Chardan NexTech Acquisition was traded for 0.03 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.03 . The daily volume was 61.8 K. The net trading volume on 08/28/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 5.57% . The overall trading delta to current closing price is 100.00% . |
Chardan NexTech Acqu Fundamentals Correlations and Trends
By evaluating Chardan NexTech'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 Chardan NexTech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chardan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chardan NexTech Stock history
Chardan NexTech 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 Chardan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chardan NexTech Acqu 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 Chardan NexTech stock prices may prove useful in developing a viable investing in Chardan NexTech
Chardan NexTech Stock Technical Analysis
Chardan NexTech 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
Chardan NexTech Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Chardan NexTech Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Chardan NexTech November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Chardan NexTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chardan NexTech shares will generate the highest return on investment. By undertsting and applying Chardan NexTech stock market strength indicators, traders can identify Chardan NexTech Acquisition entry and exit signals to maximize returns
Chardan NexTech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chardan NexTech's price direction in advance. Along with the technical and fundamental analysis of Chardan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chardan 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 | 0.0998 | |||
| Jensen Alpha | 16.76 | |||
| Total Risk Alpha | (5.52) | |||
| Sortino Ratio | 0.6289 | |||
| Treynor Ratio | (2.55) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Chardan Stock Analysis
When running Chardan NexTech's price analysis, check to measure Chardan NexTech'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 Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.