Nurexone Biologic Stock Price on November 11, 2024
| NRX Stock | 0.77 0.02 2.53% |
If you're considering investing in NurExone Stock, it is important to understand the factors that can impact its price. As of today, the current price of NurExone Biologic stands at 0.77, as last reported on the 11th of December 2024, with the highest price reaching 0.79 and the lowest price hitting 0.77 during the day. NurExone Biologic appears to be out of control, given 3 months investment horizon. NurExone Biologic has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing NurExone Biologic's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please exercise NurExone Biologic's Mean Deviation of 3.09, risk adjusted performance of 0.1038, and Downside Deviation of 4.17 to check out if our risk estimates are consistent with your expectations.
At this time, NurExone Biologic's Common Stock Shares Outstanding is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 1.4 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 179.6 K in 2024. . NurExone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NurExone |
Sharpe Ratio = 0.1236
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Estimated Market Risk
| 4.72 actual daily | 42 58% of assets are more volatile |
Expected Return
| 0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average NurExone Biologic is performing at about 9% 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 NurExone Biologic by adding it to a well-diversified portfolio.
Price Book 13.1522 | Book Value 0.004 | Enterprise Value 52.5 M | Enterprise Value Ebitda (7.24) | Shares Float 62.9 M |
NurExone Biologic Valuation on November 11, 2024
It is possible to determine the worth of NurExone Biologic on a given historical date. On November 11, 2024 NurExone was worth 0.64 at the beginning of the trading date compared to the closed value of 0.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NurExone Biologic stock. Still, in general, we apply an absolute valuation method to find NurExone Biologic'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 NurExone Biologic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NurExone Biologic's related companies.
| Open | High | Low | Close | Volume | |
| 0.67 | 0.67 | 0.65 | 0.65 | 41,817 | |
11/11/2024 | 0.64 | 0.64 | 0.63 | 0.63 | 25,618 |
| 0.63 | 0.65 | 0.59 | 0.60 | 27,957 |
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NurExone Biologic Trading Date Momentum on November 11, 2024
| On November 12 2024 NurExone Biologic was traded for 0.60 at the closing time. The highest daily price throughout the period was 0.65 and the lowest price was 0.59 . The daily volume was 28 K. The net trading volume on 11/12/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 4.76% . The trading delta at closing time to current closing price is 17.46% . |
NurExone Biologic Fundamentals Correlations and Trends
By evaluating NurExone Biologic'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 NurExone Biologic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NurExone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NurExone Biologic Stock history
NurExone Biologic 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 NurExone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NurExone Biologic 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 NurExone Biologic stock prices may prove useful in developing a viable investing in NurExone Biologic
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 48.2 M | 49.1 M |
NurExone Biologic Quarterly Net Working Capital |
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NurExone Biologic Stock Technical Analysis
NurExone Biologic 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
NurExone Biologic Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
NurExone Biologic cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
NurExone Biologic December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how NurExone Biologic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NurExone Biologic shares will generate the highest return on investment. By undertsting and applying NurExone Biologic stock market strength indicators, traders can identify NurExone Biologic entry and exit signals to maximize returns
NurExone Biologic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NurExone Biologic's price direction in advance. Along with the technical and fundamental analysis of NurExone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NurExone 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 | 0.1038 | |||
| Jensen Alpha | 0.6669 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.117 | |||
| Treynor Ratio | (1.06) |
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Additional Tools for NurExone Stock Analysis
When running NurExone Biologic's price analysis, check to measure NurExone Biologic'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 NurExone Biologic is operating at the current time. Most of NurExone Biologic's value examination focuses on studying past and present price action to predict the probability of NurExone Biologic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NurExone Biologic's price. Additionally, you may evaluate how the addition of NurExone Biologic to your portfolios can decrease your overall portfolio volatility.