NEX POINT (Thailand) Price on December 14, 2024
NEX-R Stock | THB 0.73 1.61 68.80% |
If you're considering investing in NEX Stock, it is important to understand the factors that can impact its price. As of today, the current price of NEX POINT stands at 0.73, as last reported on the 14th of December 2024, with the highest price reaching 0.74 and the lowest price hitting 0.70 during the day. NEX POINT has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of standard deviation over the last 3 months. NEX POINT exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEX POINT's Market Risk Adjusted Performance of (1.76), risk adjusted performance of (0.08), and Mean Deviation of 2.05 to check out the risk estimate we provide.
NEX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NEX |
Sharpe Ratio = -0.128
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Estimated Market Risk
8.81 actual daily | 78 78% of assets are less volatile |
Expected Return
-1.13 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 NEX POINT 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 NEX POINT by adding NEX POINT to a well-diversified portfolio.
NEX POINT Valuation on December 14, 2024
It is possible to determine the worth of NEX POINT on a given historical date. On December 14, 2024 NEX was worth 0.72 at the beginning of the trading date compared to the closed value of 0.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEX POINT stock. Still, in general, we apply an absolute valuation method to find NEX POINT'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 NEX POINT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEX POINT's related companies.
Open | High | Low | Close | Volume | |
2.34 | 2.34 | 2.34 | 2.34 | 1.00 | |
12/14/2024 | 0.72 | 0.74 | 0.70 | 0.73 | 0.00 |
Backtest NEX POINT | | | NEX POINT History | | | NEX POINT Valuation | Previous |
NEX POINT Trading Date Momentum on December 14, 2024
On December 14 2024 NEX POINT was traded for 0.73 at the closing time. The highest price during the trading period was 0.74 and the lowest recorded bid was listed for 0.70 . There was no trading activity during the period 0.0. Lack of trading volume on December 14, 2024 did not cause price change. The trading delta at closing time to the current price is 1.37% . |
NEX POINT Fundamentals Correlations and Trends
By evaluating NEX POINT'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 NEX POINT's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NEX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NEX POINT Stock history
NEX POINT 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 NEX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NEX POINT 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 NEX POINT stock prices may prove useful in developing a viable investing in NEX POINT
Nex Point Public Company Limited designs, manufactures, and sells electronic products in Thailand. Nex Point Public Company Limited was founded in 1997 and is headquartered in Samut Prakan, Thailand. NEX POINT operates under Electronic Components classification in Thailand and is traded on Stock Exchange of Thailand.
NEX POINT Stock Technical Analysis
NEX POINT 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
NEX POINT Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
NEX POINT cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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.
NEX POINT December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how NEX POINT stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEX POINT shares will generate the highest return on investment. By undertsting and applying NEX POINT stock market strength indicators, traders can identify NEX POINT entry and exit signals to maximize returns
NEX POINT Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEX POINT's price direction in advance. Along with the technical and fundamental analysis of NEX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEX 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 | (0.08) | |||
Jensen Alpha | (1.11) | |||
Total Risk Alpha | (2.10) | |||
Treynor Ratio | (1.77) |
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Volume Indicators |
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When running NEX POINT's price analysis, check to measure NEX POINT'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 NEX POINT is operating at the current time. Most of NEX POINT's value examination focuses on studying past and present price action to predict the probability of NEX POINT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEX POINT's price. Additionally, you may evaluate how the addition of NEX POINT to your portfolios can decrease your overall portfolio volatility.
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