Nexgel Warrant Stock Price on August 22, 2024

NXGLW Stock  USD 0.46  0.02  4.17%   
If you're considering investing in NexGel Stock, it is important to understand the factors that can impact its price. As of today, the current price of NexGel Warrant stands at 0.46, as last reported on the 29th of November, with the highest price reaching 0.48 and the lowest price hitting 0.46 during the day. NexGel Warrant has Sharpe Ratio of -6.0E-4, which conveys that the firm had a -6.0E-4% return per unit of risk over the last 3 months. NexGel Warrant exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NexGel Warrant's Mean Deviation of 9.57, downside deviation of 11.86, and Risk Adjusted Performance of 0.0528 to check out the risk estimate we provide.
  
Stock Based Compensation To Revenue is likely to climb to 0.08 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 3.7 M in 2024. . Price To Sales Ratio is likely to drop to 2.81 in 2024. Price Earnings Ratio is likely to drop to -4.02 in 2024. NexGel Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -6.0E-4

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Estimated Market Risk

 11.93
  actual daily
96
96% of assets are less volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average NexGel Warrant 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 NexGel Warrant by adding NexGel Warrant to a well-diversified portfolio.
Book Value
0.818
Shares Float
5.2 M
Shares Short Prior Month
100
Earnings Share
(1.39)
Shares Short
K

NexGel Warrant Valuation on August 22, 2024

It is possible to determine the worth of NexGel Warrant on a given historical date. On August 22, 2024 NexGel was worth 0.5 at the beginning of the trading date compared to the closed value of 0.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NexGel Warrant stock. Still, in general, we apply an absolute valuation method to find NexGel Warrant'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 NexGel Warrant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NexGel Warrant's related companies.
 Open High Low Close Volume
  0.50    0.50    0.50    0.50    42.00  
08/22/2024
  0.50    0.50    0.50    0.50    3,100  
  0.69    0.70    0.69    0.69    736.00  
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Open Value
0.5
0.5
Closing Value
36.30
Upside

NexGel Warrant Trading Date Momentum on August 22, 2024

On August 23 2024 NexGel Warrant was traded for  0.69  at the closing time. The highest daily price throughout the period was 0.70  and the lowest price was  0.69 . The daily volume was 736. The net trading volume on 08/23/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 38.00% . The trading delta at closing time to current closing price is 28.00% .

NexGel Warrant Fundamentals Correlations and Trends

By evaluating NexGel Warrant'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 NexGel Warrant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NexGel financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NexGel Warrant Stock history

NexGel Warrant 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 NexGel is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NexGel Warrant 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 NexGel Warrant stock prices may prove useful in developing a viable investing in NexGel Warrant
Last ReportedProjected for Next Year
Common Stock Shares Outstanding5.7 M5.4 M

NexGel Warrant Stock Technical Analysis

NexGel Warrant 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.
A focus of NexGel Warrant technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NexGel Warrant trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

NexGel Warrant Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

NexGel Warrant 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.

NexGel Warrant November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how NexGel Warrant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NexGel Warrant shares will generate the highest return on investment. By undertsting and applying NexGel Warrant stock market strength indicators, traders can identify NexGel Warrant entry and exit signals to maximize returns

NexGel Warrant Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NexGel Warrant's price direction in advance. Along with the technical and fundamental analysis of NexGel Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NexGel 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.

Additional Tools for NexGel Stock Analysis

When running NexGel Warrant's price analysis, check to measure NexGel Warrant'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 NexGel Warrant is operating at the current time. Most of NexGel Warrant's value examination focuses on studying past and present price action to predict the probability of NexGel Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGel Warrant's price. Additionally, you may evaluate how the addition of NexGel Warrant to your portfolios can decrease your overall portfolio volatility.