Ngx Energy International Stock Price on December 1, 2023

GASX Stock  CAD 0.99  0.02  2.06%   
If you're considering investing in Ngx Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ngx Energy stands at 0.99, as last reported on the 11th of December 2024, with the highest price reaching 0.99 and the lowest price hitting 0.97 during the day. Ngx Energy International has Sharpe Ratio of -0.0015, which conveys that the firm had a -0.0015% return per unit of risk over the last 3 months. Ngx Energy exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Ngx Energy's Mean Deviation of 2.24, downside deviation of 2.85, and Risk Adjusted Performance of 0.0217 to check out the risk estimate we provide.
  
At this time, Ngx Energy's Common Stock Shares Outstanding is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 64.6 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 59 M in 2024. . At this time, Ngx Energy's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 10.06 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.09). Ngx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0015

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsGASX

Estimated Market Risk

 2.97
  actual daily
26
74% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Ngx Energy 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 Ngx Energy by adding Ngx Energy to a well-diversified portfolio.
Price Book
3.6224
Enterprise Value Ebitda
(16.74)
Price Sales
10.9541
Shares Float
151.3 M
Wall Street Target Price
2.7036

Ngx Energy Valuation on December 1, 2023

It is possible to determine the worth of Ngx Energy on a given historical date. On December 1, 2023 Ngx was worth 1.04 at the beginning of the trading date compared to the closed value of 1.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ngx Energy stock. Still, in general, we apply an absolute valuation method to find Ngx Energy'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 Ngx Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ngx Energy's related companies.
 Open High Low Close Volume
  0.99    1.04    0.97    1.01    557,308  
12/01/2023
  1.04    1.05    1.01    1.04    114,416  
  1.03    1.04    0.98    1.00    232,280  
Backtest Ngx Energy  |  Ngx Energy History  |  Ngx Energy Valuation   PreviousNext  
Open Value
1.04
1.04
Closing Value
9.96
Upside

Ngx Energy Trading Date Momentum on December 1, 2023

On December 04 2023 Ngx Energy International was traded for  1.00  at the closing time. The maximum traded price for the trading interval was 1.04  and the lowest daily price was  0.98 . The daily volume was recorded at 232.3 K. The volume of trading on 4th of December 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 3.85% . The trading delta at closing time to the closing price today is 12.50% .

Ngx Energy International Fundamentals Correlations and Trends

By evaluating Ngx Energy'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 Ngx Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ngx financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Ngx Energy Stock history

Ngx Energy 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 Ngx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ngx Energy International 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 Ngx Energy stock prices may prove useful in developing a viable investing in Ngx Energy
Last ReportedProjected for Next Year
Common Stock Shares Outstanding137.5 M144.3 M
Net Loss-6 M-6.3 M

Ngx Energy Stock Technical Analysis

Ngx Energy 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.
A focus of Ngx Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Ngx Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Ngx Energy Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Ngx Energy International cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.

Ngx Energy December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Ngx Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ngx Energy shares will generate the highest return on investment. By undertsting and applying Ngx Energy stock market strength indicators, traders can identify Ngx Energy International entry and exit signals to maximize returns

Ngx Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Ngx Energy's price direction in advance. Along with the technical and fundamental analysis of Ngx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ngx 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.

Additional Tools for Ngx Stock Analysis

When running Ngx Energy's price analysis, check to measure Ngx Energy'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 Ngx Energy is operating at the current time. Most of Ngx Energy's value examination focuses on studying past and present price action to predict the probability of Ngx Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ngx Energy's price. Additionally, you may evaluate how the addition of Ngx Energy to your portfolios can decrease your overall portfolio volatility.