Nexgen Energy Stock Price on November 1, 2024
| NXE Stock | USD 8.88 0.15 1.72% |
Below is the normalized historical share price chart for NexGen Energy extending back to August 14, 2013. 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 NexGen Energy stands at 8.88, as last reported on the 22nd of November, with the highest price reaching 8.96 and the lowest price hitting 8.63 during the day.
If you're considering investing in NexGen Stock, it is important to understand the factors that can impact its price. NexGen Energy appears to be slightly risky, given 3 months investment horizon. NexGen Energy has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. By analyzing NexGen Energy's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please exercise NexGen Energy's Risk Adjusted Performance of 0.1353, mean deviation of 2.35, and Downside Deviation of 2.75 to check out if our risk estimates are consistent with your expectations.
At present, NexGen Energy's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 1.1 B, whereas Capital Stock is forecasted to decline to about 568.5 M. . The current year's Price Earnings Ratio is expected to grow to 60.83, whereas Price To Sales Ratio is forecasted to decline to 2,089. NexGen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of January 2016 | 200 Day MA 7.1095 | 50 Day MA 7.096 | Beta 1.758 |
NexGen |
Sharpe Ratio = 0.1837
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Estimated Market Risk
| 3.12 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.57 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average NexGen Energy is performing at about 14% 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 NexGen Energy by adding it to a well-diversified portfolio.
Price Book 5.6739 | Book Value 2.15 | Enterprise Value 4.9 B | Enterprise Value Ebitda 39.4246 | Shares Float 519.8 M |
Related Headline
Uranium Energy Headline on 1st of November 2024
Filed transaction by Uranium Energy Corp Director. Grant, award or other acquisition pursuant to Rule 16b-3
NexGen Energy Valuation on November 1, 2024
It is possible to determine the worth of NexGen Energy on a given historical date. On November 1, 2024 NexGen was worth 7.45 at the beginning of the trading date compared to the closed value of 7.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NexGen Energy stock. Still, in general, we apply an absolute valuation method to find NexGen 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 NexGen Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NexGen Energy's related companies.
| Open | High | Low | Close | Volume | |
| 7.38 | 7.44 | 7.22 | 7.36 | 4,648,691 | |
11/01/2024 | 7.45 | 7.47 | 7.18 | 7.23 | 4,682,017 |
| 7.12 | 7.25 | 6.96 | 7.16 | 4,898,346 |
| Backtest NexGen Energy | | | NexGen Energy History | | | NexGen Energy Valuation | Previous | Next |
NexGen Energy Trading Date Momentum on November 1, 2024
| On November 04 2024 NexGen Energy was traded for 7.16 at the closing time. Highest NexGen Energy's price during the trading hours was 7.25 and the lowest price during the day was 6.96 . The net volume was 4.9 M. The overall trading history on the 4th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.97% . The trading delta at closing time to current price is 1.94% . |
NexGen Energy Fundamentals Correlations and Trends
By evaluating NexGen 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 NexGen Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NexGen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NexGen Energy Stock history
NexGen 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 NexGen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NexGen Energy 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 NexGen Energy stock prices may prove useful in developing a viable investing in NexGen Energy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 529.2 M | 315.9 M | |
| Net Loss | -50.9 M | -53.5 M |
NexGen Energy Quarterly Net Working Capital |
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NexGen Energy Stock Technical Analysis
NexGen Energy 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
NexGen Energy Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
NexGen Energy 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.
NexGen Energy November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how NexGen Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NexGen Energy shares will generate the highest return on investment. By undertsting and applying NexGen Energy stock market strength indicators, traders can identify NexGen Energy entry and exit signals to maximize returns
NexGen Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NexGen Energy's price direction in advance. Along with the technical and fundamental analysis of NexGen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NexGen 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 | 0.1353 | |||
| Jensen Alpha | 0.5515 | |||
| Total Risk Alpha | 0.1114 | |||
| Sortino Ratio | 0.1606 | |||
| Treynor Ratio | (5.12) |
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Complementary Tools for NexGen Stock analysis
When running NexGen Energy's price analysis, check to measure NexGen 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 NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen 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 NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.
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