Nexa Resources (Peru) Price on September 3, 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, risk adjusted performance of (0.08), and Standard Deviation of 1.15 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.

Sharpe Ratio = -0.0523

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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 September 3, 2024

It is possible to determine the worth of Nexa Resources on a given historical date. On September 3, 2024 Nexa was worth 1.66 at the beginning of the trading date compared to the closed value of 1.66. 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
  1.66    1.66    1.66    1.66    6,546  
09/03/2024
  1.66    1.66    1.66    1.66    300.00  
  1.66    1.79    1.60    1.66    2,353  
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Open Value
1.66
1.66
Closing Value
5.31
Upside

Nexa Resources Trading Date Momentum on September 3, 2024

On September 05 2024 Nexa Resources Peru was traded for  1.66  at the closing time. The highest price during the trading period was 1.79  and the lowest recorded bid was listed for  1.60 . The volume for the day was 2.4 K. This history from September 5, 2024 did not cause price change. The trading delta at closing time to the current price is 2.41% .

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.
A focus of Nexa Resources technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nexa Resources 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

Nexa Resources Period Price Range

Low
December 1, 2024
0.00  NaN%
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.

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.
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