Nextdecade Corp Stock Price on November 26, 2024

NEXT Stock  USD 7.18  0.19  2.58%   
Below is the normalized historical share price chart for Nextdecade Corp extending back to June 04, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nextdecade Corp stands at 7.18, as last reported on the 26th of November, with the highest price reaching 7.42 and the lowest price hitting 7.16 during the day.
IPO Date
4th of June 2015
200 Day MA
6.1679
50 Day MA
5.7868
Beta
1.262
 
Yuan Drop
 
Covid
If you're considering investing in Nextdecade Stock, it is important to understand the factors that can impact its price. Nextdecade Corp appears to be slightly risky, given 3 months investment horizon. Nextdecade Corp has Sharpe Ratio of 0.22, which conveys that the firm had a 0.22% return per unit of risk over the last 3 months. By analyzing Nextdecade Corp's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please exercise Nextdecade Corp's Mean Deviation of 2.66, downside deviation of 2.93, and Risk Adjusted Performance of 0.1492 to check out if our risk estimates are consistent with your expectations.
  
At this time, Nextdecade Corp's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Stock Based Compensation is likely to gain to about 27.9 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 103.6 M in 2024. . Price Earnings Ratio is likely to drop to -6.01 in 2024. Price Book Value Ratio is likely to drop to 3.06 in 2024. Nextdecade Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.218

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Estimated Market Risk

 3.67
  actual daily
32
68% of assets are more volatile

Expected Return

 0.8
  actual daily
15
85% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average Nextdecade Corp is performing at about 17% 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 Nextdecade Corp by adding it to a well-diversified portfolio.
Price Book
2.8641
Book Value
2.575
Enterprise Value
5.3 B
Enterprise Value Ebitda
18.927
Shares Float
123 M

Nextdecade Corp Valuation on November 26, 2024

It is possible to determine the worth of Nextdecade Corp on a given historical date. On November 26, 2024 Nextdecade was worth 7.35 at the beginning of the trading date compared to the closed value of 7.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nextdecade Corp stock. Still, in general, we apply an absolute valuation method to find Nextdecade Corp'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 Nextdecade Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nextdecade Corp's related companies.
 Open High Low Close Volume
  7.48    7.60    7.21    7.37    2,716,959  
11/26/2024
  7.35    7.42    7.16    7.18    2,274,545  
Backtest Nextdecade Corp  |  Nextdecade Corp History  |  Nextdecade Corp Valuation   Previous
Open Value
7.35
7.18
Closing Value
18.36
Upside

Nextdecade Corp Trading Date Momentum on November 26, 2024

On November 26 2024 Nextdecade Corp was traded for  7.18  at the closing time. The top price for the day was 7.42  and the lowest listed price was  7.16 . The trading volume for the day was 2.3 M. The trading history from November 26, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.37% .

Nextdecade Corp Fundamentals Correlations and Trends

By evaluating Nextdecade Corp'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 Nextdecade Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nextdecade financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nextdecade Corp Stock history

Nextdecade Corp 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 Nextdecade is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nextdecade Corp 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 Nextdecade Corp stock prices may prove useful in developing a viable investing in Nextdecade Corp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding194.6 M103.6 M
Net Loss-75.9 M-72.1 M

Nextdecade Corp Stock Technical Analysis

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

Nextdecade Corp Period Price Range

Low
November 26, 2024
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Nextdecade Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Nextdecade Corp November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Nextdecade Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nextdecade Corp shares will generate the highest return on investment. By undertsting and applying Nextdecade Corp stock market strength indicators, traders can identify Nextdecade Corp entry and exit signals to maximize returns

Nextdecade Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nextdecade Corp's price direction in advance. Along with the technical and fundamental analysis of Nextdecade Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nextdecade 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.

Additional Tools for Nextdecade Stock Analysis

When running Nextdecade Corp's price analysis, check to measure Nextdecade Corp'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 Nextdecade Corp is operating at the current time. Most of Nextdecade Corp's value examination focuses on studying past and present price action to predict the probability of Nextdecade Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextdecade Corp's price. Additionally, you may evaluate how the addition of Nextdecade Corp to your portfolios can decrease your overall portfolio volatility.