NXT Price on November 11, 2024
| NXT Crypto | USD 0 0.000012 1.21% |
If you're considering investing in NXT Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of NXT stands at 0.001, as last reported on the 25th of November, with the highest price reaching 0.001 and the lowest price hitting 0.001 during the day. NXT appears to be very volatile, given 3 months investment horizon. NXT has Sharpe Ratio of 0.26, which conveys that digital coin had a 0.26% return per unit of standard deviation over the last 3 months. By reviewing NXT's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please exercise NXT's Day Median Price of 0.001, daily balance of power of (9,223,372,036,855), and Rate Of Daily Change of 0.99 to check out if our risk estimates are consistent with your expectations.
NXT Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
NXT |
Sharpe Ratio = 0.2572
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Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.83 actual daily | 16 84% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average NXT is performing at about 20% 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 NXT by adding it to a well-diversified portfolio.
NXT Valuation on November 11, 2024
It is possible to determine the worth of NXT on a given historical date. On November 11, 2024 NXT was worth 8.88E-4 at the beginning of the trading date compared to the closed value of 8.8E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NXT crypto coin. Still, in general, we apply an absolute valuation method to find NXT'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 NXT where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NXT's related companies.
| Open | High | Low | Close | Volume | |
| 0.0008 | 0.0008 | 0.0008 | 0.0008 | 1.00 | |
11/11/2024 | 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 |
| 0.0009 | 0.0009 | 0.0009 | 0.0009 | 1.00 |
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NXT Trading Date Momentum on November 11, 2024
| On November 12 2024 NXT was traded for 0.0009 at the closing time. The maximum traded price for the trading interval was 0.0009 and the lowest daily price was 0.0009 . There was no trading activity during the period 1.0. Lack of trading volume on 12th of November 2024 played a part in the next trading day price growth. The trading delta at closing time to the next closing price was 2.84% . The trading delta at closing time to the closing price today is 11.82% . |
About NXT Crypto Coin history
NXT 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 NXT is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NXT 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.
NXT Crypto Coin Technical Analysis
NXT technical crypto coin 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, crypto market cycles, or different charting patterns.
Price Boundaries
NXT Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
NXT cannot be verified against its exchange. Please verify the symbol is currently traded on CRYPTO Exchanges. 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.
NXT November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how NXT crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NXT shares will generate the highest return on investment.
When determining whether NXT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NXT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nxt Crypto. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXT. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.