Nextgen (Israel) Price on November 18, 2024
| NXGN Stock | ILS 56.70 3.30 5.50% |
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 56.70, as last reported on the 26th of February, with the highest price reaching 59.80 and the lowest price hitting 54.10 during the day. At this point, Nextgen is not too volatile. Nextgen has Sharpe Ratio of 0.0128, which conveys that the firm had a 0.0128 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Nextgen, which you can use to evaluate the volatility of the firm. Please verify Nextgen's Mean Deviation of 5.22, risk adjusted performance of (0.02), and Standard Deviation of 6.65 to check out if the risk estimate we provide is consistent with the expected return of 0.0899%.
Nextgen Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nextgen |
Sharpe Ratio = 0.0128
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | NXGN |
| Negative Returns |
Estimated Market Risk
| 7.01 actual daily | 62 62% of assets are less volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average Nextgen is performing at about 1% 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 Nextgen by adding it to a well-diversified portfolio.
Nextgen Valuation on November 18, 2024
It is possible to determine the worth of Nextgen on a given historical date. On November 18, 2024 Nextgen was worth 66.9 at the beginning of the trading date compared to the closed value of 66.8. 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 | |
| 64.20 | 70.00 | 63.00 | 70.00 | 17,474 | |
11/18/2024 | 66.90 | 70.00 | 60.20 | 66.80 | 23,339 |
| 65.80 | 75.00 | 65.80 | 70.00 | 83,264 |
| Backtest Nextgen | | | Nextgen History | | | Nextgen Valuation | Previous | Next |
Nextgen Trading Date Momentum on November 18, 2024
| On November 19 2024 Nextgen was traded for 70.00 at the closing time. The highest price during the trading period was 75.00 and the lowest recorded bid was listed for 65.80 . The volume for the day was 83.3 K. This history from November 19, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 4.79% . The trading delta at closing time to the current price is 11.68% . |
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 | February 26, 2025
| 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 February 26, 2025 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 | (0.02) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.1305 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| 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.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |