NEXG11 (Brazil) Price on December 18, 2024
| NEXG11 Stock | 127.00 2.00 1.60% |
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 127.00, as last reported on the 22nd of December, with the highest price reaching 127.00 and the lowest price hitting 127.00 during the day. NEXG11 appears to be very steady, given 3 months investment horizon. 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-seven technical indicators for NEXG11, which you can use to evaluate the volatility of the firm. Please exercise NEXG11's Mean Deviation of 0.4108, market risk adjusted performance of 1.74, and Risk Adjusted Performance of 0.2235 to check out if our risk estimates are consistent with your expectations.
NEXG11 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NEXG11 |
Sharpe Ratio = 0.2892
| 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
| 0.68 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.2 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 December 18, 2024
It is possible to determine the worth of NEXG11 on a given historical date. On December 18, 2024 NEXG11 was worth 126.0 at the beginning of the trading date compared to the closed value of 126.0. 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 | |
| 126.00 | 126.00 | 126.00 | 126.00 | 307.00 | |
12/18/2024 | 126.00 | 126.00 | 126.00 | 126.00 | 270.00 |
| 126.00 | 127.00 | 125.00 | 125.00 | 1,705 |
| Backtest NEXG11 | | | NEXG11 History | Previous | Next |
NEXG11 Trading Date Momentum on December 18, 2024
| On December 19 2024 NEXG11 was traded for 125.00 at the closing time. The highest price during the trading period was 127.00 and the lowest recorded bid was listed for 125.00 . The volume for the day was 1.7 K. This history from December 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.79% . The trading delta at closing time to the current price is 0.79% . |
Price Boundaries
NEXG11 Period Price Range
Low | December 22, 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 22, 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 | 0.2235 | |||
| Jensen Alpha | 0.1776 | |||
| Total Risk Alpha | 0.1612 | |||
| Sortino Ratio | 0.3558 | |||
| Treynor Ratio | 1.73 |
| 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.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| CEOs Directory Screen CEOs from public companies around the world |