NEXANS ADR (Germany) Price on January 8, 2025
| NXS0 Stock | 47.00 0.20 0.43% |
If you're considering investing in NEXANS Stock, it is important to understand the factors that can impact its price. As of today, the current price of NEXANS ADR stands at 47.00, as last reported on the 23rd of January, with the highest price reaching 47.00 and the lowest price hitting 47.00 during the day. NEXANS ADR EO has Sharpe Ratio of -0.19, which conveys that the firm had a -0.19 % return per unit of standard deviation over the last 3 months. NEXANS ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEXANS ADR's Risk Adjusted Performance of (0.15), market risk adjusted performance of 4.81, and Mean Deviation of 1.88 to check out the risk estimate we provide.
NEXANS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NEXANS |
Sharpe Ratio = -0.194
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| Negative Returns | NXS0 |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NEXANS ADR 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 NEXANS ADR by adding NEXANS ADR to a well-diversified portfolio.
NEXANS ADR Valuation on January 8, 2025
It is possible to determine the worth of NEXANS ADR on a given historical date. On January 8, 2025 NEXANS was worth 50.0 at the beginning of the trading date compared to the closed value of 50.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEXANS ADR stock. Still, in general, we apply an absolute valuation method to find NEXANS ADR'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 NEXANS ADR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEXANS ADR's related companies.
| Open | High | Low | Close | Volume | |
| 50.00 | 50.00 | 50.00 | 50.00 | 40.00 | |
01/08/2025 | 50.00 | 50.00 | 50.00 | 50.00 | 40.00 |
| 48.40 | 48.40 | 48.40 | 48.40 | 40.00 |
| Backtest NEXANS ADR | | | NEXANS ADR History | Previous | Next |
NEXANS ADR Trading Date Momentum on January 8, 2025
| On January 09 2025 NEXANS ADR EO was traded for 48.40 at the closing time. The maximum traded price for the trading interval was 48.40 and the lowest daily price was 48.40 . The daily volume was recorded at 40.0. The volume of trading on 9th of January 2025 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 3.20% . The trading delta at closing time to the closing price today is 6.40% . |
Price Boundaries
NEXANS ADR Period Price Range
Low | January 23, 2025
| High |
0.00 | 0.00 |
NEXANS ADR EO cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
NEXANS ADR January 23, 2025 Market Strength
Market strength indicators help investors to evaluate how NEXANS ADR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEXANS ADR shares will generate the highest return on investment. By undertsting and applying NEXANS ADR stock market strength indicators, traders can identify NEXANS ADR EO entry and exit signals to maximize returns
NEXANS ADR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEXANS ADR's price direction in advance. Along with the technical and fundamental analysis of NEXANS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEXANS 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 | (0.15) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 4.8 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NEXANS Stock analysis
When running NEXANS ADR's price analysis, check to measure NEXANS ADR'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 NEXANS ADR is operating at the current time. Most of NEXANS ADR's value examination focuses on studying past and present price action to predict the probability of NEXANS ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXANS ADR's price. Additionally, you may evaluate how the addition of NEXANS ADR to your portfolios can decrease your overall portfolio volatility.
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