NuVasive Price on May 31, 2023
NUVADelisted Stock | USD 42.35 0.85 1.97% |
If you're considering investing in NuVasive Stock, it is important to understand the factors that can impact its price. As of today, the current price of NuVasive stands at 42.35, as last reported on the 29th of November, with the highest price reaching 43.33 and the lowest price hitting 42.24 during the day. We have found twenty-four technical indicators for NuVasive, which you can use to evaluate the volatility of the firm. Please verify NuVasive's insignificant Risk Adjusted Performance, mean deviation of 1.23, and Market Risk Adjusted Performance of (0.39) to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
NuVasive Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NuVasive |
Sharpe Ratio = 0.0
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Based on monthly moving average NuVasive 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 NuVasive by adding NuVasive to a well-diversified portfolio.
NuVasive Valuation on May 31, 2023
It is possible to determine the worth of NuVasive on a given historical date. On May 31, 2023 NuVasive was worth 36.62 at the beginning of the trading date compared to the closed value of 38.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NuVasive stock. Still, in general, we apply an absolute valuation method to find NuVasive'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 NuVasive where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NuVasive's related companies.
Open | High | Low | Close | Volume | |
37.11 | 37.45 | 36.49 | 36.71 | 529,491 | |
05/31/2023 | 36.62 | 38.38 | 36.22 | 38.16 | 699,907 |
38.10 | 39.03 | 37.90 | 38.55 | 608,634 |
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NuVasive Trading Date Momentum on May 31, 2023
On June 01 2023 NuVasive was traded for 38.55 at the closing time. The top price for the day was 39.03 and the lowest listed price was 37.90 . The trading volume for the day was 608.6 K. The trading history from June 1, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 1.02% . The trading delta at closing time against the current closing price is 3.43% . |
NuVasive Fundamentals Correlations and Trends
By evaluating NuVasive'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 NuVasive's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NuVasive financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NuVasive Stock history
NuVasive 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 NuVasive is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NuVasive 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 NuVasive stock prices may prove useful in developing a viable investing in NuVasive
NuVasive, Inc., a medical technology company, develops, manufactures, and sells procedural solutions for spine surgery. NuVasive, Inc. was incorporated in 1997 and is headquartered in San Diego, California. Nuvasive operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 2900 people.
NuVasive Stock Technical Analysis
NuVasive 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
NuVasive Period Price Range
Low | November 29, 2024
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0.00 | 0.00 |
NuVasive 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.
NuVasive November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how NuVasive stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NuVasive shares will generate the highest return on investment. By undertsting and applying NuVasive stock market strength indicators, traders can identify NuVasive entry and exit signals to maximize returns
NuVasive Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NuVasive's price direction in advance. Along with the technical and fundamental analysis of NuVasive Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NuVasive 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) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (0.40) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Other Consideration for investing in NuVasive Stock
If you are still planning to invest in NuVasive check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the NuVasive's history and understand the potential risks before investing.
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