Nxt Energy Solutions Stock Price on November 29, 2024
| NSFDF Stock | USD 0.16 0.02 14.29% |
If you're considering investing in NXT OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of NXT Energy stands at 0.16, as last reported on the 1st of December, with the highest price reaching 0.16 and the lowest price hitting 0.16 during the day. NXT Energy appears to be out of control, given 3 months investment horizon. NXT Energy Solutions has Sharpe Ratio of 0.053, which conveys that the firm had a 0.053% return per unit of standard deviation over the last 3 months. By reviewing NXT Energy's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please exercise NXT Energy's Mean Deviation of 6.7, risk adjusted performance of 0.0493, and Market Risk Adjusted Performance of (0.20) to check out if our risk estimates are consistent with your expectations.
NXT OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NXT |
Sharpe Ratio = 0.053
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Estimated Market Risk
| 12.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average NXT Energy is performing at about 4% 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 NXT Energy by adding it to a well-diversified portfolio.
NXT Energy Valuation on November 29, 2024
It is possible to determine the worth of NXT Energy on a given historical date. On November 29, 2024 NXT was worth 0.16 at the beginning of the trading date compared to the closed value of 0.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NXT Energy otc stock. Still, in general, we apply an absolute valuation method to find NXT Energy'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 NXT Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NXT Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.12 | 0.16 | 0.12 | 0.16 | 36,903 | |
11/29/2024 | 0.16 | 0.16 | 0.16 | 0.16 | 1.00 |
| 0.16 | 0.16 | 0.16 | 0.16 | 0.00 |
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NXT Energy Trading Date Momentum on November 29, 2024
| On December 01 2024 NXT Energy Solutions was traded for 0.16 at the closing time. The highest daily price throughout the period was 0.16 and the lowest price was 0.16 . There was no trading activity during the period 0.0. Lack of trading volume on 12/01/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
NXT Energy Solutions Fundamentals Correlations and Trends
By evaluating NXT Energy'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 NXT Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NXT financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NXT Energy OTC Stock history
NXT Energy 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 NXT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NXT Energy Solutions 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 NXT Energy stock prices may prove useful in developing a viable investing in NXT Energy
NXT Energy Solutions Inc., a technology company, provides services to the oil and gas industry through its proprietary stress field detection technology worldwide. NXT Energy Solutions Inc. was incorporated in 1994 and is headquartered in Calgary, Canada. Energy Exploration operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 10 people.
NXT Energy OTC Stock Technical Analysis
NXT Energy technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
NXT Energy Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
NXT Energy Solutions cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
NXT Energy December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how NXT Energy otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NXT Energy shares will generate the highest return on investment. By undertsting and applying NXT Energy otc stock market strength indicators, traders can identify NXT Energy Solutions entry and exit signals to maximize returns
NXT Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NXT Energy's price direction in advance. Along with the technical and fundamental analysis of NXT OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NXT 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 | 0.0493 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | (1.47) | |||
| Sortino Ratio | 0.0284 | |||
| Treynor Ratio | (0.21) |
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Complementary Tools for NXT OTC Stock analysis
When running NXT Energy's price analysis, check to measure NXT Energy'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 NXT Energy is operating at the current time. Most of NXT Energy's value examination focuses on studying past and present price action to predict the probability of NXT Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NXT Energy's price. Additionally, you may evaluate how the addition of NXT Energy to your portfolios can decrease your overall portfolio volatility.
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