Nexa Resources (Peru) Price on August 1, 2024
NEXAPEC1 | 1.60 0.03 1.91% |
If you're considering investing in Nexa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nexa Resources stands at 1.60, as last reported on the 1st of December, with the highest price reaching 1.66 and the lowest price hitting 1.60 during the day. Nexa Resources Peru has Sharpe Ratio of -0.0523, which conveys that the firm had a -0.0523% return per unit of risk over the last 3 months. Nexa Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nexa Resources' Mean Deviation of 0.6008, standard deviation of 1.15, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
Nexa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nexa |
Sharpe Ratio = -0.0523
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NEXAPEC1 |
Estimated Market Risk
1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nexa Resources 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 Nexa Resources by adding Nexa Resources to a well-diversified portfolio.
Nexa Resources Valuation on August 1, 2024
It is possible to determine the worth of Nexa Resources on a given historical date. On August 1, 2024 Nexa was worth 1.72 at the beginning of the trading date compared to the closed value of 1.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexa Resources stock. Still, in general, we apply an absolute valuation method to find Nexa Resources' 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 Nexa Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexa Resources' related companies.
Open | High | Low | Close | Volume | |
1.72 | 1.75 | 1.72 | 1.75 | 8,547 | |
08/01/2024 | 1.72 | 1.72 | 1.72 | 1.72 | 3,121 |
1.72 | 1.72 | 1.72 | 1.72 | 192.00 |
Backtest Nexa Resources | | | Nexa Resources History | Previous | Next |
Nexa Resources Trading Date Momentum on August 1, 2024
On August 02 2024 Nexa Resources Peru was traded for 1.72 at the closing time. The highest price during the trading period was 1.72 and the lowest recorded bid was listed for 1.72 . The volume for the day was 192. This history from August 2, 2024 did not cause price change. The trading delta at closing time to the current price is 0.00% . |
About Nexa Resources Stock history
Nexa Resources 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 Nexa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nexa Resources Peru 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 Nexa Resources stock prices may prove useful in developing a viable investing in Nexa Resources
Nexa Resources Stock Technical Analysis
Nexa Resources 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
Nexa Resources Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nexa Resources Peru cannot be verified against its exchange. Please verify the symbol is currently traded on Bolsa de Valores de Lima. 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.
Nexa Resources December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Nexa Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexa Resources shares will generate the highest return on investment. By undertsting and applying Nexa Resources stock market strength indicators, traders can identify Nexa Resources Peru entry and exit signals to maximize returns
Nexa Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nexa Resources' price direction in advance. Along with the technical and fundamental analysis of Nexa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nexa 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 | (0.10) | |||
Total Risk Alpha | (0.33) | |||
Treynor Ratio | 0.488 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Nexa Stock analysis
When running Nexa Resources' price analysis, check to measure Nexa Resources' 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 Nexa Resources is operating at the current time. Most of Nexa Resources' value examination focuses on studying past and present price action to predict the probability of Nexa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexa Resources' price. Additionally, you may evaluate how the addition of Nexa Resources to your portfolios can decrease your overall portfolio volatility.
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data |