Nxu Inc Stock Price on August 6, 2024
| NXU Stock | USD 0.26 0.01 3.70% |
If you're considering investing in Nxu Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nxu stands at 0.26, as last reported on the 26th of November, with the highest price reaching 0.28 and the lowest price hitting 0.25 during the day. Nxu appears to be out of control, given 3 months investment horizon. Nxu Inc has Sharpe Ratio of 0.0504, which conveys that the firm had a 0.0504% return per unit of risk over the last 3 months. By analyzing Nxu's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please exercise Nxu's Downside Deviation of 10.03, risk adjusted performance of 0.0402, and Mean Deviation of 7.88 to check out if our risk estimates are consistent with your expectations.
At this time, Nxu's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 584.7 K in 2024, whereas Common Stock is likely to drop 2,723 in 2024. . At this time, Nxu's Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 0.20 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.0003 in 2024. Nxu Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nxu |
Sharpe Ratio = 0.0504
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Estimated Market Risk
| 19.5 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nxu is performing at about 3% 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 Nxu by adding it to a well-diversified portfolio.
Price Book 1.2502 | Enterprise Value Ebitda (0.13) | Price Sales 8.261 | Shares Float 11.2 M | Wall Street Target Price 112.5 |
Nxu Valuation on August 6, 2024
It is possible to determine the worth of Nxu on a given historical date. On August 6, 2024 Nxu was worth 0.35 at the beginning of the trading date compared to the closed value of 0.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nxu stock. Still, in general, we apply an absolute valuation method to find Nxu'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 Nxu where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nxu's related companies.
| Open | High | Low | Close | Volume | |
| 0.37 | 0.37 | 0.34 | 0.34 | 165,301 | |
08/06/2024 | 0.35 | 0.36 | 0.34 | 0.36 | 239,291 |
| 0.35 | 0.36 | 0.34 | 0.34 | 87,193 |
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Nxu Trading Date Momentum on August 6, 2024
| On August 07 2024 Nxu Inc was traded for 0.34 at the closing time. Highest Nxu's price during the trading hours was 0.36 and the lowest price during the day was 0.34 . The net volume was 87.2 K. The overall trading history on the 7th of August contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 5.56% . The trading delta at closing time to current price is 5.56% . |
Nxu Inc Fundamentals Correlations and Trends
By evaluating Nxu'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 Nxu's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nxu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nxu Stock history
Nxu 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 Nxu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nxu Inc 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 Nxu stock prices may prove useful in developing a viable investing in Nxu
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 556.8 K | 584.7 K | |
| Net Loss | -63.6 M | -66.8 M |
Nxu Stock Technical Analysis
Nxu 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
Nxu Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Nxu Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York 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.
Nxu November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Nxu stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nxu shares will generate the highest return on investment. By undertsting and applying Nxu stock market strength indicators, traders can identify Nxu Inc entry and exit signals to maximize returns
Nxu Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nxu's price direction in advance. Along with the technical and fundamental analysis of Nxu Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nxu 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 | 0.0402 | |||
| Jensen Alpha | 0.965 | |||
| Total Risk Alpha | (2.23) | |||
| Sortino Ratio | 0.0639 | |||
| Treynor Ratio | (0.44) |
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Additional Tools for Nxu Stock Analysis
When running Nxu's price analysis, check to measure Nxu'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 Nxu is operating at the current time. Most of Nxu's value examination focuses on studying past and present price action to predict the probability of Nxu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nxu's price. Additionally, you may evaluate how the addition of Nxu to your portfolios can decrease your overall portfolio volatility.