Nxg Nextgen Infrastructure Stock Price on October 31, 2024
| NXG Stock | USD 49.97 0.50 1.01% |
Below is the normalized historical share price chart for NXG NextGen Infrastructure extending back to September 26, 2012. 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 NXG NextGen stands at 49.97, as last reported on the 25th of November, with the highest price reaching 50.18 and the lowest price hitting 49.66 during the day.
If you're considering investing in NXG Stock, it is important to understand the factors that can impact its price. NXG NextGen appears to be very steady, given 3 months investment horizon. NXG NextGen Infrastr has Sharpe Ratio of 0.37, which conveys that the firm had a 0.37% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for NXG NextGen, which you can use to evaluate the volatility of the firm. Please exercise NXG NextGen's risk adjusted performance of 0.2819, and Mean Deviation of 0.745 to check out if our risk estimates are consistent with your expectations.
At this time, NXG NextGen's Common Stock is most likely to decrease significantly in the upcoming years. The NXG NextGen's current Capital Stock is estimated to increase to 3,330, while Other Stockholder Equity is projected to decrease to roughly 155.5 M. . At this time, NXG NextGen's Price To Book Ratio is most likely to slightly decrease in the upcoming years. The NXG NextGen's current Price Fair Value is estimated to increase to 0.97, while Price Earnings Ratio is forecasted to increase to (3.19). NXG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of November 2022 | 200 Day MA 40.5224 | 50 Day MA 44.245 |
NXG |
Sharpe Ratio = 0.3743
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Estimated Market Risk
| 1.11 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.37 actual daily | 29 71% of assets perform better |
Based on monthly moving average NXG NextGen is performing at about 29% 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 NXG NextGen by adding it to a well-diversified portfolio.
Price Book 1.1392 | Price Sales 15.0966 | Shares Outstanding 2.7 M | Market Capitalization 131.6 M | Shares Short Prior Month 699 |
NXG NextGen Main Headline on 31st of October 2024
NXG NextGen Infrastr dividend paid on 31st of October 2024 |
NXG NextGen Valuation on October 31, 2024
It is possible to determine the worth of NXG NextGen on a given historical date. On October 31, 2024 NXG was worth 42.89 at the beginning of the trading date compared to the closed value of 42.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NXG NextGen stock. Still, in general, we apply an absolute valuation method to find NXG NextGen'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 NXG NextGen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NXG NextGen's related companies.
| Open | High | Low | Close | Volume | |
| 42.88 | 43.10 | 42.51 | 42.70 | 35,206 | |
10/31/2024 | 42.89 | 43.67 | 42.66 | 42.75 | 25,809 |
| 42.68 | 43.14 | 42.68 | 43.04 | 12,346 |
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NXG NextGen Trading Date Momentum on October 31, 2024
| On November 01 2024 NXG NextGen Infrastructure was traded for 43.04 at the closing time. Highest NXG NextGen's price during the trading hours was 43.14 and the lowest price during the day was 42.68 . The net volume was 12.3 K. The overall trading history on the 1st of November contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 0.68% . The trading delta at closing time to current price is 8.14% . |
NXG NextGen Infrastr Fundamentals Correlations and Trends
By evaluating NXG NextGen'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 NXG NextGen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NXG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NXG NextGen Stock history
NXG NextGen 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 NXG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NXG NextGen Infrastr 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 NXG NextGen stock prices may prove useful in developing a viable investing in NXG NextGen
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3 M | 2.7 M |
NXG NextGen Stock Technical Analysis
NXG NextGen 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
NXG NextGen Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
NXG NextGen Infrastructure 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.
NXG NextGen November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how NXG NextGen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NXG NextGen shares will generate the highest return on investment. By undertsting and applying NXG NextGen stock market strength indicators, traders can identify NXG NextGen Infrastructure entry and exit signals to maximize returns
NXG NextGen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NXG NextGen's price direction in advance. Along with the technical and fundamental analysis of NXG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NXG 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 | 0.2819 | |||
| Jensen Alpha | 0.3229 | |||
| Total Risk Alpha | 0.2154 | |||
| Sortino Ratio | 0.289 | |||
| Treynor Ratio | 0.7247 |
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Complementary Tools for NXG Stock analysis
When running NXG NextGen's price analysis, check to measure NXG NextGen'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 NXG NextGen is operating at the current time. Most of NXG NextGen's value examination focuses on studying past and present price action to predict the probability of NXG NextGen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NXG NextGen's price. Additionally, you may evaluate how the addition of NXG NextGen to your portfolios can decrease your overall portfolio volatility.
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