NEXEN INC 64 Price on March 26, 2024
| 65334HAG7 | 114.39 0.00 0.00% |
If you're considering investing in NEXEN Bond, it is important to understand the factors that can impact its price. As of today, the current price of NEXEN stands at 114.39, as last reported on the 25th of November, with the highest price reaching 114.39 and the lowest price hitting 114.39 during the day. NEXEN INC 64 has Sharpe Ratio of -0.43, which conveys that the entity had a -0.43% return per unit of standard deviation over the last 3 months. NEXEN exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEXEN's Risk Adjusted Performance of 0.0533, mean deviation of 1.54, and Market Risk Adjusted Performance of (0.13) to check out the risk estimate we provide.
NEXEN Bond price history is provided at the adjusted basis, taking into account all of the recent filings.
NEXEN |
Sharpe Ratio = -0.4317
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| Negative Returns | 65334HAG7 |
Estimated Market Risk
| 0.74 actual daily | 6 94% of assets are more volatile |
Expected Return
| -0.32 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.43 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NEXEN is not performing at its full potential. However, 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 NEXEN by adding NEXEN to a well-diversified portfolio.
NEXEN Valuation on March 26, 2024
It is possible to determine the worth of NEXEN on a given historical date. On March 26, 2024 NEXEN was worth 99.14 at the beginning of the trading date compared to the closed value of 99.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEXEN bond. Still, in general, we apply an absolute valuation method to find NEXEN'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 NEXEN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEXEN's related companies.
| Open | High | Low | Close | Volume | |
| 111.49 | 111.49 | 111.49 | 111.49 | 1.00 | |
03/26/2024 | 99.14 | 99.14 | 99.14 | 99.14 | 2,000,000 |
| 111.62 | 111.62 | 111.62 | 111.62 | 1.00 |
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NEXEN Trading Date Momentum on March 26, 2024
| On April 02 2024 NEXEN INC 64 was traded for 111.62 at the closing time. The highest price during the trading period was 111.62 and the lowest recorded bid was listed for 111.62 . There was no trading activity during the period 1.0. Lack of trading volume on April 2, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 12.59% . The trading delta at closing time to the current price is 12.09% . |
About NEXEN Bond history
NEXEN 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 NEXEN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NEXEN INC 64 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 NEXEN stock prices may prove useful in developing a viable investing in NEXEN
NEXEN Bond Technical Analysis
NEXEN technical bond 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, bond market cycles, or different charting patterns.
Price Boundaries
NEXEN Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
NEXEN INC 64 cannot be verified against its exchange. Please verify the symbol is currently traded on Bond 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.
NEXEN November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how NEXEN bond reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEXEN shares will generate the highest return on investment. By undertsting and applying NEXEN bond market strength indicators, traders can identify NEXEN INC 64 entry and exit signals to maximize returns
NEXEN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEXEN's price direction in advance. Along with the technical and fundamental analysis of NEXEN Bond historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEXEN 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 | 0.0533 | |||
| Jensen Alpha | 0.2771 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0115 | |||
| Treynor Ratio | (0.14) |
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| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Other Information on Investing in NEXEN Bond
NEXEN financial ratios help investors to determine whether NEXEN Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NEXEN with respect to the benefits of owning NEXEN security.