Nextgen (Israel) Price on October 31, 2024
NXGN Stock | ILS 61.10 3.90 6.00% |
If you're considering investing in Nextgen Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nextgen stands at 61.10, as last reported on the 1st of December, with the highest price reaching 61.50 and the lowest price hitting 59.00 during the day. Nextgen has Sharpe Ratio of -0.0826, which conveys that the firm had a -0.0826% return per unit of risk over the last 3 months. Nextgen exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nextgen's Mean Deviation of 4.57, standard deviation of 5.93, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide.
Nextgen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nextgen |
Sharpe Ratio = -0.0826
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Estimated Market Risk
5.96 actual daily | 53 53% of assets are less volatile |
Expected Return
-0.49 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nextgen 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 Nextgen by adding Nextgen to a well-diversified portfolio.
Nextgen Valuation on October 31, 2024
It is possible to determine the worth of Nextgen on a given historical date. On October 31, 2024 Nextgen was worth 70.0 at the beginning of the trading date compared to the closed value of 75.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nextgen stock. Still, in general, we apply an absolute valuation method to find 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 Nextgen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nextgen's related companies.
Open | High | Low | Close | Volume | |
63.00 | 75.40 | 63.00 | 68.00 | 9,860 | |
10/31/2024 | 70.00 | 75.50 | 70.00 | 75.50 | 1,690 |
72.50 | 72.50 | 69.50 | 69.50 | 20,202 |
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Nextgen Trading Date Momentum on October 31, 2024
On November 04 2024 Nextgen was traded for 69.50 at the closing time. The highest price during the trading period was 72.50 and the lowest recorded bid was listed for 69.50 . The volume for the day was 20.2 K. This history from November 4, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 7.95% . The trading delta at closing time to the current price is 8.61% . |
Nextgen Fundamentals Correlations and Trends
By evaluating 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 Nextgen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nextgen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nextgen Stock history
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 Nextgen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nextgen 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 Nextgen stock prices may prove useful in developing a viable investing in Nextgen
Nextgen Stock Technical Analysis
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
Nextgen Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nextgen cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv 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.
Nextgen December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how 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 Nextgen shares will generate the highest return on investment. By undertsting and applying Nextgen stock market strength indicators, traders can identify Nextgen entry and exit signals to maximize returns
Nextgen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nextgen's price direction in advance. Along with the technical and fundamental analysis of Nextgen Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nextgen 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 | (0.07) | |||
Jensen Alpha | (0.68) | |||
Total Risk Alpha | (1.60) | |||
Treynor Ratio | (1.09) |
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Math Transform | ||
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Nextgen Stock analysis
When running Nextgen's price analysis, check to measure 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 Nextgen is operating at the current time. Most of Nextgen's value examination focuses on studying past and present price action to predict the probability of 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 Nextgen's price. Additionally, you may evaluate how the addition of Nextgen to your portfolios can decrease your overall portfolio volatility.
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