Nevro Corp Stock Price on October 21, 2024
NVRO Stock | USD 4.55 0.03 0.66% |
Below is the normalized historical share price chart for Nevro Corp extending back to November 06, 2014. 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 Nevro Corp stands at 4.55, as last reported on the 25th of November, with the highest price reaching 4.82 and the lowest price hitting 4.54 during the day.
If you're considering investing in Nevro Stock, it is important to understand the factors that can impact its price. Nevro Corp has Sharpe Ratio of -0.0548, which conveys that the firm had a -0.0548% return per unit of risk over the last 3 months. Nevro Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nevro Corp's Risk Adjusted Performance of (0.01), standard deviation of 5.02, and Mean Deviation of 3.79 to check out the risk estimate we provide.
As of the 25th of November 2024, Capital Stock is likely to grow to about 37.2 K, while Total Stockholder Equity is likely to drop about 255.5 M. . At this time, Nevro Corp's Price Book Value Ratio is very stable compared to the past year. As of the 25th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0, while Price To Sales Ratio is likely to drop 1.73. Nevro Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of November 2014 | 200 Day MA 9.1277 | 50 Day MA 5.0994 | Beta 0.931 |
Nevro |
Sharpe Ratio = -0.0548
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Estimated Market Risk
4.98 actual daily | 44 56% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nevro Corp 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 Nevro Corp by adding Nevro Corp to a well-diversified portfolio.
Price Book 0.619 | Enterprise Value Ebitda (4.79) | Price Sales 0.4041 | Shares Float 36.4 M | Wall Street Target Price 7.0455 |
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Nevro Corp Valuation on October 21, 2024
It is possible to determine the worth of Nevro Corp on a given historical date. On October 21, 2024 Nevro was worth 5.35 at the beginning of the trading date compared to the closed value of 5.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nevro Corp stock. Still, in general, we apply an absolute valuation method to find Nevro Corp'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 Nevro Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nevro Corp's related companies.
Open | High | Low | Close | Volume | |
5.02 | 5.39 | 5.00 | 5.38 | 274,171 | |
10/21/2024 | 5.35 | 5.44 | 5.06 | 5.22 | 340,126 |
5.20 | 5.23 | 4.97 | 5.15 | 262,724 |
Backtest Nevro Corp | | | Nevro Corp History | | | Nevro Corp Valuation | Previous | Next |
Nevro Corp Trading Date Momentum on October 21, 2024
On October 22 2024 Nevro Corp was traded for 5.15 at the closing time. The top price for the day was 5.23 and the lowest listed price was 4.97 . The trading volume for the day was 262.7 K. The trading history from October 22, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.34% . The trading delta at closing time against the current closing price is 3.26% . |
Nevro Corp Fundamentals Correlations and Trends
By evaluating Nevro Corp'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 Nevro Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nevro financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nevro Corp Stock history
Nevro Corp 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 Nevro is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nevro Corp 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 Nevro Corp stock prices may prove useful in developing a viable investing in Nevro Corp
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 36 M | 26.7 M | |
Net Income Applicable To Common Shares | 2.7 M | 2.8 M |
Nevro Corp Quarterly Net Working Capital |
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Nevro Corp Stock Technical Analysis
Nevro Corp 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
Nevro Corp Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Nevro Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Nevro Corp November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Nevro Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nevro Corp shares will generate the highest return on investment. By undertsting and applying Nevro Corp stock market strength indicators, traders can identify Nevro Corp entry and exit signals to maximize returns
Nevro Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nevro Corp's price direction in advance. Along with the technical and fundamental analysis of Nevro Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nevro 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 | (0.01) | |||
Jensen Alpha | (0.43) | |||
Total Risk Alpha | (0.94) | |||
Treynor Ratio | (0.06) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nevro Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. To learn how to invest in Nevro Stock, please use our How to Invest in Nevro Corp guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Health Care Equipment & Supplies 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 Nevro Corp. If investors know Nevro 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 Nevro Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.87) | Revenue Per Share 11.404 | Quarterly Revenue Growth (0.07) | Return On Assets (0.09) | Return On Equity (0.25) |
The market value of Nevro Corp is measured differently than its book value, which is the value of Nevro that is recorded on the company's balance sheet. Investors also form their own opinion of Nevro Corp's value that differs from its market value or its book value, called intrinsic value, which is Nevro Corp's 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 Nevro Corp's market value can be influenced by many factors that don't directly affect Nevro Corp's 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 Nevro Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nevro Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nevro Corp's 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.