Nxu Inc Stock Price on December 20, 2023

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 is out of control given 3 months investment horizon. Nxu Inc has Sharpe Ratio of 0.0508, which conveys that the firm had a 0.0508% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Nxu Inc Mean Deviation of 7.85, downside deviation of 10.18, and Risk Adjusted Performance of 0.0425 to evaluate company specific risk that cannot be diversified away.
  
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.

Sharpe Ratio = 0.0508

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Estimated Market Risk

 19.66
  actual daily
96
96% of assets are less volatile

Expected Return

 1.0
  actual daily
19
81% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Nxu 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 Nxu by adding it to a well-diversified portfolio.
Price Book
1.2758
Enterprise Value Ebitda
(0.13)
Price Sales
8.4296
Shares Float
11.2 M
Wall Street Target Price
112.5

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Nxu Valuation on December 20, 2023

It is possible to determine the worth of Nxu on a given historical date. On December 20, 2023 Nxu was worth 3.15 at the beginning of the trading date compared to the closed value of 3.0. 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
  3.15    3.45    3.00    3.00    1,127,013  
12/20/2023
  3.15    3.15    3.00    3.00    328,069  
  3.00    3.00    2.85    2.85    228,287  
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Open Value
3.15
3.0
Closing Value
62.12
Upside

Nxu Trading Date Momentum on December 20, 2023

On December 21 2023 Nxu Inc was traded for  2.85  at the closing time. Highest Nxu's price during the trading hours was 3.00  and the lowest price during the day was  2.85 . The net volume was 228.3 K. The overall trading history on the 21st of December contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 5.00% . The trading delta at closing time to current price is 27.00% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding556.8 K584.7 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.
A focus of Nxu technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nxu 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

Nxu Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

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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.

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.