Nexttrip Stock Price on November 12, 2024
NTRP Stock | USD 1.60 0.03 1.91% |
Below is the normalized historical share price chart for NextTrip extending back to August 30, 2002. 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 NextTrip stands at 1.60, as last reported on the 22nd of November, with the highest price reaching 1.62 and the lowest price hitting 1.57 during the day.
If you're considering investing in NextTrip Stock, it is important to understand the factors that can impact its price. NextTrip has Sharpe Ratio of -0.0594, which conveys that the firm had a -0.0594% return per unit of risk over the last 3 months. NextTrip exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NextTrip's Standard Deviation of 7.2, mean deviation of 4.87, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
At this time, NextTrip's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 11/22/2024, Other Stockholder Equity is likely to grow to about 64.5 M, while Capital Stock is likely to drop 1,340. . At this time, NextTrip's Price To Sales Ratio is relatively stable compared to the past year. As of 11/22/2024, Price Sales Ratio is likely to grow to 12.33, while Price Earnings Ratio is likely to drop (0.46). NextTrip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of October 2013 | 200 Day MA 3.0508 | 50 Day MA 2.9167 |
NextTrip |
Sharpe Ratio = -0.0594
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Estimated Market Risk
7.28 actual daily | 64 64% of assets are less volatile |
Expected Return
-0.43 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NextTrip is not performing at its full potential. However, 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 NextTrip by adding NextTrip to a well-diversified portfolio.
Price Book 1.2166 | Enterprise Value Ebitda (0.57) | Price Sales 8.294 | Shares Float 1.1 M | Wall Street Target Price 2.5 |
NextTrip Main Headline on 12th of November 2024
NextTrip Shares Financial Updates and Projections - TipRanks by news.google.com
NextTrip Shares Financial Updates and Projections TipRanks
NextTrip Valuation on November 12, 2024
It is possible to determine the worth of NextTrip on a given historical date. On November 12, 2024 NextTrip was worth 1.76 at the beginning of the trading date compared to the closed value of 1.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NextTrip stock. Still, in general, we apply an absolute valuation method to find NextTrip'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 NextTrip where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NextTrip's related companies.
Open | High | Low | Close | Volume | |
1.60 | 1.73 | 1.59 | 1.70 | 12,330 | |
11/12/2024 | 1.76 | 1.87 | 1.76 | 1.86 | 8,674 |
1.80 | 1.95 | 1.80 | 1.89 | 7,833 |
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NextTrip Trading Date Momentum on November 12, 2024
On November 13 2024 NextTrip was traded for 1.89 at the closing time. The top price for the day was 1.95 and the lowest listed price was 1.80 . The trading volume for the day was 7.8 K. The trading history from November 13, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 1.61% . The trading delta at closing time against the current closing price is 13.44% . |
NextTrip Fundamentals Correlations and Trends
By evaluating NextTrip'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 NextTrip's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NextTrip financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NextTrip Stock history
NextTrip 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 NextTrip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NextTrip 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 NextTrip stock prices may prove useful in developing a viable investing in NextTrip
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 936.4 K | 889.6 K |
NextTrip Stock Technical Analysis
NextTrip 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
NextTrip Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
NextTrip 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.
NextTrip November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how NextTrip stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NextTrip shares will generate the highest return on investment. By undertsting and applying NextTrip stock market strength indicators, traders can identify NextTrip entry and exit signals to maximize returns
NextTrip Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NextTrip's price direction in advance. Along with the technical and fundamental analysis of NextTrip Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NextTrip 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 | (0.05) | |||
Jensen Alpha | (0.49) | |||
Total Risk Alpha | (1.51) | |||
Treynor Ratio | 0.678 |
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Additional Tools for NextTrip Stock Analysis
When running NextTrip's price analysis, check to measure NextTrip'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 NextTrip is operating at the current time. Most of NextTrip's value examination focuses on studying past and present price action to predict the probability of NextTrip's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextTrip's price. Additionally, you may evaluate how the addition of NextTrip to your portfolios can decrease your overall portfolio volatility.