NXM Performance
| NXM Crypto | USD 26.03 0.01 0.04% |
The crypto secures a Beta (Market Risk) of -0.0021, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NXM are expected to decrease at a much lower rate. During the bear market, NXM is likely to outperform the market.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days NXM has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound primary indicators, NXM is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
NXM |
NXM Relative Risk vs. Return Landscape
If you would invest 2,603 in NXM on November 23, 2025 and sell it today you would earn a total of 0.00 from holding NXM or generate 0.0% return on investment over 90 days. NXM is producing return of less than zero assuming 0.029% volatility of returns over the 90 days investment horizon. Simply put, 0% of all crypto coins have less volatile historical return distribution than NXM, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NXM Target Price Odds to finish over Current Price
The tendency of NXM Crypto Coin price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 26.03 | 90 days | 26.03 | about 50.0 |
Based on a normal probability distribution, the odds of NXM to move above the current price in 90 days from now is about 50.0 (This NXM probability density function shows the probability of NXM Crypto Coin to fall within a particular range of prices over 90 days) .
NXM Price Density |
| Price |
Predictive Modules for NXM
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NXM. Regardless of method or technology, however, to accurately forecast the crypto coin market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the crypto coin market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.NXM Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NXM is not an exception. The market had few large corrections towards the NXM's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold NXM, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NXM within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.0021 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | -2.8 |
NXM Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NXM for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NXM can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NXM generated a negative expected return over the last 90 days |
About NXM Performance
By analyzing NXM's fundamental ratios, stakeholders can gain valuable insights into NXM's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NXM has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NXM has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NXM is peer-to-peer digital currency powered by the Blockchain technology.| NXM generated a negative expected return over the last 90 days |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXM. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in inflation. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.