NEXG11 (Brazil) Price on November 13, 2024
| NEXG11 Stock | 126.00 1.00 0.80% |
If you're considering investing in NEXG11 Stock, it is important to understand the factors that can impact its price. As of today, the current price of NEXG11 stands at 126.00, as last reported on the 19th of December, with the highest price reaching 126.00 and the lowest price hitting 126.00 during the day. At this point, NEXG11 is very steady. NEXG11 has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of standard deviation over the last 3 months. We have found twenty-six technical indicators for NEXG11, which you can use to evaluate the volatility of the firm. Please verify NEXG11's Risk Adjusted Performance of 0.2314, mean deviation of 0.382, and Market Risk Adjusted Performance of 3.21 to check out if the risk estimate we provide is consistent with the expected return of 0.19%.
NEXG11 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NEXG11 |
Sharpe Ratio = 0.2877
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NEXG11 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average NEXG11 is performing at about 22% of its full potential. 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 NEXG11 by adding it to a well-diversified portfolio.
NEXG11 Valuation on November 13, 2024
It is possible to determine the worth of NEXG11 on a given historical date. On November 13, 2024 NEXG11 was worth 115.45 at the beginning of the trading date compared to the closed value of 117.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEXG11 stock. Still, in general, we apply an absolute valuation method to find NEXG11'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 NEXG11 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEXG11's related companies.
| Open | High | Low | Close | Volume | |
| 115.45 | 115.45 | 115.45 | 115.45 | 709.00 | |
11/13/2024 | 115.45 | 117.44 | 107.49 | 117.44 | 337.00 |
| 117.44 | 117.44 | 117.44 | 117.44 | 101.00 |
| Backtest NEXG11 | | | NEXG11 History | Previous | Next |
NEXG11 Trading Date Momentum on November 13, 2024
| On November 14 2024 NEXG11 was traded for 117.44 at the closing time. The highest price during the trading period was 117.44 and the lowest recorded bid was listed for 117.44 . The volume for the day was 101. This history from November 14, 2024 did not cause price change. The trading delta at closing time to the current price is 3.39% . |
Price Boundaries
NEXG11 Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
NEXG11 cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo 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.
NEXG11 December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how NEXG11 stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEXG11 shares will generate the highest return on investment. By undertsting and applying NEXG11 stock market strength indicators, traders can identify NEXG11 entry and exit signals to maximize returns
NEXG11 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEXG11's price direction in advance. Along with the technical and fundamental analysis of NEXG11 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEXG11 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 | 0.2314 | |||
| Jensen Alpha | 0.1759 | |||
| Total Risk Alpha | 0.1617 | |||
| Sortino Ratio | 0.3906 | |||
| Treynor Ratio | 3.2 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NEXG11 Stock analysis
When running NEXG11's price analysis, check to measure NEXG11'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 NEXG11 is operating at the current time. Most of NEXG11's value examination focuses on studying past and present price action to predict the probability of NEXG11's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXG11's price. Additionally, you may evaluate how the addition of NEXG11 to your portfolios can decrease your overall portfolio volatility.
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |