Nextcom (Israel) Price on May 27, 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 12th 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 0.0535, which conveys that the firm had a 0.0535% 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 mean deviation of 1.65, and Standard Deviation of 2.44 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.

Sharpe Ratio = 0.0535

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Estimated Market Risk

 2.48
  actual daily
22
78% 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 27, 2024

It is possible to determine the worth of Nextcom on a given historical date. On May 27, 2024 Nextcom was worth 790.1 at the beginning of the trading date compared to the closed value of 781.1. 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
  802.80    803.00    790.00    790.00    6,393  
05/27/2024
  790.10    806.40    781.10    781.10    11,744  
  792.00    797.00    696.00    700.00    141,629  
Backtest Nextcom  |  Nextcom History  |  Nextcom Valuation   PreviousNext  
Open Value
790.1
782.67
Downside
781.1
Closing Value
797.53
Upside

Nextcom Trading Date Momentum on May 27, 2024

On May 28 2024 Nextcom was traded for  700.00  at the closing time. The highest price during the trading period was 797.00  and the lowest recorded bid was listed for  696.00 . The volume for the day was 141.6 K. This history from May 28, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 10.38% . The trading delta at closing time to the current price is 8.04% .

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.
A focus of Nextcom technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nextcom trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nextcom Period Price Range

Low
December 12, 2024
0.00  NaN%
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 12, 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.

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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