Netsol Technologies Stock Price on May 23, 2023
NTWK Stock | USD 2.68 0.04 1.52% |
Below is the normalized historical share price chart for NetSol Technologies extending back to September 25, 1998. 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 NetSol Technologies stands at 2.68, as last reported on the 23rd of November, with the highest price reaching 2.68 and the lowest price hitting 2.58 during the day.
If you're considering investing in NetSol Stock, it is important to understand the factors that can impact its price. As of now, NetSol Stock is relatively risky. NetSol Technologies has Sharpe Ratio of 0.0191, which conveys that the firm had a 0.0191% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for NetSol Technologies, which you can use to evaluate the volatility of the firm. Please verify NetSol Technologies' Standard Deviation of 2.37, mean deviation of 1.82, and Risk Adjusted Performance of 0.005 to check out if the risk estimate we provide is consistent with the expected return of 0.0453%.
At this time, NetSol Technologies' Total Stockholder Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 65.5 M this year, although the value of Common Stock will most likely fall to about 90.7 K. . At this time, NetSol Technologies' Price Fair Value is quite stable compared to the past year. NetSol Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of September 1998 | 200 Day MA 2.7725 | 50 Day MA 2.9466 | Beta 1.068 |
NetSol |
Sharpe Ratio = 0.0191
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Estimated Market Risk
2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average NetSol Technologies is performing at about 1% 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 NetSol Technologies by adding it to a well-diversified portfolio.
Price Book 0.8857 | Enterprise Value Ebitda 2.3484 | Price Sales 0.5009 | Shares Float 9 M | Wall Street Target Price 8 |
NetSol Technologies Valuation on May 23, 2023
It is possible to determine the worth of NetSol Technologies on a given historical date. On May 23, 2023 NetSol was worth 2.24 at the beginning of the trading date compared to the closed value of 2.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NetSol Technologies stock. Still, in general, we apply an absolute valuation method to find NetSol Technologies' 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 NetSol Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NetSol Technologies' related companies.
Open | High | Low | Close | Volume | |
2.24 | 2.33 | 2.24 | 2.32 | 7,564 | |
05/23/2023 | 2.24 | 2.24 | 2.24 | 2.24 | 2,029 |
2.30 | 2.35 | 2.25 | 2.35 | 573.00 |
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NetSol Technologies Trading Date Momentum on May 23, 2023
On May 24 2023 NetSol Technologies was traded for 2.35 at the closing time. The top price for the day was 2.35 and the lowest listed price was 2.25 . The trading volume for the day was 573. The trading history from May 24, 2023 was a factor to the next trading day price upswing. The trading delta at closing time against the next closing price was 4.91% . The trading delta at closing time against the current closing price is 0.00% . |
NetSol Technologies Fundamentals Correlations and Trends
By evaluating NetSol Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NetSol Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NetSol financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NetSol Technologies Stock history
NetSol Technologies 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 NetSol is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NetSol Technologies 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 NetSol Technologies stock prices may prove useful in developing a viable investing in NetSol Technologies
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 11.4 M | 6.3 M | |
Net Loss | -4.7 M | -4.5 M |
NetSol Technologies Quarterly Net Working Capital |
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NetSol Technologies Stock Technical Analysis
NetSol Technologies 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
NetSol Technologies Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
NetSol Technologies 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.
NetSol Technologies November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how NetSol Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NetSol Technologies shares will generate the highest return on investment. By undertsting and applying NetSol Technologies stock market strength indicators, traders can identify NetSol Technologies entry and exit signals to maximize returns
NetSol Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NetSol Technologies' price direction in advance. Along with the technical and fundamental analysis of NetSol Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NetSol 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 | 0.005 | |||
Jensen Alpha | (0.15) | |||
Total Risk Alpha | (0.39) | |||
Treynor Ratio | (0.01) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NetSol Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. For more information on how to buy NetSol Stock please use our How to buy in NetSol Stock guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NetSol Technologies. If investors know NetSol will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NetSol Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.87) | Earnings Share 0.06 | Revenue Per Share 5.395 | Quarterly Revenue Growth 0.193 | Return On Assets 0.0356 |
The market value of NetSol Technologies is measured differently than its book value, which is the value of NetSol that is recorded on the company's balance sheet. Investors also form their own opinion of NetSol Technologies' value that differs from its market value or its book value, called intrinsic value, which is NetSol Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NetSol Technologies' market value can be influenced by many factors that don't directly affect NetSol Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NetSol Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if NetSol Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NetSol Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.