Nexalin Technology Stock Price on November 13, 2024
| NXLIW Stock | USD 0.62 0.21 51.22% |
If you're considering investing in Nexalin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nexalin Technology stands at 0.62, as last reported on the 1st of December, with the highest price reaching 0.62 and the lowest price hitting 0.51 during the day. Nexalin Technology is out of control given 3 months investment horizon. Nexalin Technology has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of risk over the last 3 months. We were able to collect and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 8.31% are justified by taking the suggested risk. Use Nexalin Technology Downside Deviation of 22.75, risk adjusted performance of 0.1814, and Mean Deviation of 17.79 to evaluate company specific risk that cannot be diversified away.
At this time, Nexalin Technology's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 8 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 77 M in 2024. . At this time, Nexalin Technology's Price Book Value Ratio is fairly stable compared to the past year. Price To Book Ratio is likely to climb to 0.98 in 2024, whereas Price Earnings Ratio is likely to drop (0.67) in 2024. Nexalin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nexalin |
Sharpe Ratio = 0.2932
| Best Portfolio | Best Equity | NXLIW | ||
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Estimated Market Risk
| 28.34 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.29 actual daily | 23 77% of assets perform better |
Based on monthly moving average Nexalin Technology is performing at about 23% 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 Nexalin Technology by adding it to a well-diversified portfolio.
Book Value 0.431 | Shares Float 8.1 M | Shares Short Prior Month 1.5 K | Shares Short 4 K | Revenue Per Share 0.02 |
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Nexalin Technology Valuation on November 13, 2024
It is possible to determine the worth of Nexalin Technology on a given historical date. On November 13, 2024 Nexalin was worth 0.42 at the beginning of the trading date compared to the closed value of 0.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexalin Technology stock. Still, in general, we apply an absolute valuation method to find Nexalin Technology'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 Nexalin Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexalin Technology's related companies.
| Open | High | Low | Close | Volume | |
| 0.35 | 0.41 | 0.35 | 0.41 | 4,013 | |
11/13/2024 | 0.42 | 0.49 | 0.40 | 0.49 | 30,956 |
| 0.50 | 0.72 | 0.50 | 0.65 | 102,622 |
| Backtest Nexalin Technology | | | Nexalin Technology History | | | Nexalin Technology Valuation | Previous | Next |
Nexalin Technology Trading Date Momentum on November 13, 2024
| On November 14 2024 Nexalin Technology was traded for 0.65 at the closing time. The highest daily price throughout the period was 0.72 and the lowest price was 0.50 . The daily volume was 102.6 K. The net trading volume on 11/14/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 32.65% . The trading delta at closing time to current closing price is 2.04% . |
Nexalin Technology Fundamentals Correlations and Trends
By evaluating Nexalin Technology'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 Nexalin Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nexalin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nexalin Technology Stock history
Nexalin Technology 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 Nexalin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nexalin Technology 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 Nexalin Technology stock prices may prove useful in developing a viable investing in Nexalin Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.4 M | 8 M |
Nexalin Technology Stock Technical Analysis
Nexalin Technology 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
Nexalin Technology Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nexalin Technology 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.
Nexalin Technology December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Nexalin Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexalin Technology shares will generate the highest return on investment. By undertsting and applying Nexalin Technology stock market strength indicators, traders can identify Nexalin Technology entry and exit signals to maximize returns
Nexalin Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nexalin Technology's price direction in advance. Along with the technical and fundamental analysis of Nexalin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nexalin 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 | 0.1814 | |||
| Jensen Alpha | 5.59 | |||
| Total Risk Alpha | 1.43 | |||
| Sortino Ratio | 0.2412 | |||
| Treynor Ratio | 26.75 |
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Additional Tools for Nexalin Stock Analysis
When running Nexalin Technology's price analysis, check to measure Nexalin Technology'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 Nexalin Technology is operating at the current time. Most of Nexalin Technology's value examination focuses on studying past and present price action to predict the probability of Nexalin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexalin Technology's price. Additionally, you may evaluate how the addition of Nexalin Technology to your portfolios can decrease your overall portfolio volatility.