Nextcom (Israel) Price on May 20, 2024
| NXTM Stock | ILS 664.90 4.90 0.74% |
If you're considering investing in Nextcom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nextcom stands at 664.90, as last reported on the 14th of December 2024, with the highest price reaching 664.90 and the lowest price hitting 640.50 during the day. At this point, Nextcom is very steady. Nextcom has Sharpe Ratio of 0.0529, which conveys that the firm had a 0.0529% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Nextcom, which you can use to evaluate the volatility of the firm. Please verify Nextcom's Standard Deviation of 2.44, mean deviation of 1.65, and Risk Adjusted Performance of 0.0067 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Nextcom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nextcom |
Sharpe Ratio = 0.0529
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Nextcom is performing at about 4% 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 Nextcom by adding it to a well-diversified portfolio.
Nextcom Valuation on May 20, 2024
It is possible to determine the worth of Nextcom on a given historical date. On May 20, 2024 Nextcom was worth 784.6 at the beginning of the trading date compared to the closed value of 782.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nextcom stock. Still, in general, we apply an absolute valuation method to find Nextcom'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 Nextcom where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nextcom's related companies.
| Open | High | Low | Close | Volume | |
| 810.00 | 810.00 | 787.00 | 796.40 | 1,534 | |
05/20/2024 | 784.60 | 799.10 | 782.20 | 782.20 | 6,105 |
| 799.00 | 800.00 | 795.00 | 796.80 | 21,946 |
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Nextcom Trading Date Momentum on May 20, 2024
| On May 21 2024 Nextcom was traded for 796.80 at the closing time. The highest price during the trading period was 800.00 and the lowest recorded bid was listed for 795.00 . The volume for the day was 21.9 K. This history from May 21, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.87% . The trading delta at closing time to the current price is 10.05% . |
Nextcom Fundamentals Correlations and Trends
By evaluating Nextcom'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 Nextcom's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nextcom financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nextcom Stock history
Nextcom 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 Nextcom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nextcom 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 Nextcom stock prices may prove useful in developing a viable investing in Nextcom
Nextcom Ltd. designs, plans, constructs, and maintains infrastructure and communication networks for wired and wireless in Israel and internationally. Nextcom Ltd. was founded in 1992 and is headquartered in Jezreel Valley, Israel. NEXTCOM operates under Telecom Services classification in Israel and is traded on Tel Aviv Stock Exchange.
Nextcom Stock Technical Analysis
Nextcom 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
Nextcom Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Nextcom 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.
Nextcom December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Nextcom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nextcom shares will generate the highest return on investment. By undertsting and applying Nextcom stock market strength indicators, traders can identify Nextcom entry and exit signals to maximize returns
Nextcom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nextcom's price direction in advance. Along with the technical and fundamental analysis of Nextcom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nextcom 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 | 0.0067 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.31) |
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| Volume Indicators |
Complementary Tools for Nextcom Stock analysis
When running Nextcom's price analysis, check to measure Nextcom'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 Nextcom is operating at the current time. Most of Nextcom's value examination focuses on studying past and present price action to predict the probability of Nextcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextcom's price. Additionally, you may evaluate how the addition of Nextcom to your portfolios can decrease your overall portfolio volatility.
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