Ngx Energy International Stock Price on July 5, 2023

GASXF Stock  USD 0.63  0.04  5.97%   
If you're considering investing in Ngx OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ngx Energy stands at 0.63, as last reported on the 24th of November, with the highest price reaching 0.63 and the lowest price hitting 0.63 during the day. Ngx Energy International 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. Ngx Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Ngx Energy's Mean Deviation of 1.66, standard deviation of 2.6, and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide.
  
Ngx OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1311

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Estimated Market Risk

 2.55
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.33
  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 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.

Ngx Energy Valuation on July 5, 2023

It is possible to determine the worth of Ngx Energy on a given historical date. On July 5, 2023 Ngx was worth 0.43 at the beginning of the trading date compared to the closed value of 0.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ngx Energy otc 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
  0.30    0.30    0.30    0.30    1.00  
07/05/2023
  0.43    0.43    0.43    0.43    348.00  
  0.32    0.40    0.32    0.40    4,550  
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Open Value
0.43
0.43
Closing Value
8.09
Upside

Ngx Energy Trading Date Momentum on July 5, 2023

On July 06 2023 Ngx Energy International was traded for  0.40  at the closing time. The highest daily price throughout the period was 0.40  and the lowest price was  0.32 . The daily volume was 4.5 K. The net trading volume on 07/06/2023 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 6.98% . The trading delta at closing time to current closing price is 18.60% .

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 OTC 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
NG Energy International Corp., an oil and gas company, engages in the acquisition, exploration, development, and exploitation of oil and natural gas assets in Colombia. NG Energy International Corp. is headquartered in Vancouver, Canada. Ng Energy operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 10 people.

Ngx Energy OTC Stock Technical Analysis

Ngx Energy technical otc 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, otc 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
November 24, 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 OTCQX 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 November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Ngx Energy otc 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 otc 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 OTC 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.

Complementary Tools for Ngx OTC 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.
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