Nexgen Energy Stock Price Patterns
| NXE Stock | CAD 17.09 0.51 3.08% |
Momentum 74
Buy Stretched
Oversold | Overbought |
EPS Estimate Next Quarter (0.04) | EPS Estimate Current Year (0.34) | EPS Estimate Next Year (0.15) | Wall Street Target Price 17.7917 |
Using NexGen Energy hype-based prediction, you can estimate the value of NexGen Energy from the perspective of NexGen Energy response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in NexGen Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying NexGen because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
NexGen Energy after-hype prediction price | CAD 17.62 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
NexGen |
NexGen Energy After-Hype Price Density Analysis
As far as predicting the price of NexGen Energy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in NexGen Energy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of NexGen Energy, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
NexGen Energy Estimiated After-Hype Price Volatility
In the context of predicting NexGen Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on NexGen Energy's historical news coverage. NexGen Energy's after-hype downside and upside margins for the prediction period are 13.97 and 21.27, respectively. We have considered NexGen Energy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
NexGen Energy is not too volatile at this time. Analysis and calculation of next after-hype price of NexGen Energy is based on 3 months time horizon.
NexGen Energy Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as NexGen Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading NexGen Energy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with NexGen Energy, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.59 | 3.65 | 0.53 | 0.13 | 8 Events / Month | 1 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
17.09 | 17.62 | 3.10 |
|
NexGen Energy Hype Timeline
NexGen Energy is now traded for 17.09on Toronto Exchange of Canada. The entity has historical hype elasticity of 0.53, and average elasticity to hype of competition of -0.13. NexGen is forecasted to increase in value after the next headline, with the price projected to jump to 17.62 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is estimated to be 3.1%, whereas the daily expected return is now at 0.59%. The volatility of related hype on NexGen Energy is about 1596.88%, with the expected price after the next announcement by competition of 16.96. NexGen Energy has accumulated 456.8 M in total debt with debt to equity ratio (D/E) of 0.87, which is about average as compared to similar companies. Assuming the 90 days trading horizon the next forecasted press release will be in about 8 days. Check out NexGen Energy Basic Forecasting Models to cross-verify your projections.NexGen Energy Related Hype Analysis
Having access to credible news sources related to NexGen Energy's direct competition is more important than ever and may enhance your ability to predict NexGen Energy's future price movements. Getting to know how NexGen Energy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how NexGen Energy may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EFR | Energy Fuels | (0.61) | 8 per month | 5.50 | 0.04 | 10.81 | (9.35) | 25.94 | |
| SCR | Strathcona Resources | (0.58) | 9 per month | 0.00 | (0.12) | 3.85 | (3.79) | 30.96 | |
| DML | Denison Mines Corp | 0.02 | 8 per month | 3.14 | 0.09 | 7.34 | (5.26) | 19.68 | |
| PSK | PrairieSky Royalty | 0.13 | 6 per month | 1.08 | 0.15 | 2.77 | (1.99) | 6.48 | |
| KEY | Keyera Corp | (0.62) | 7 per month | 1.32 | 0.11 | 1.87 | (1.91) | 7.45 | |
| STND | Standard Uranium | 0.02 | 5 per month | 4.68 | 0.04 | 11.76 | (9.09) | 35.86 | |
| URE | Ur Energy | 0.04 | 5 per month | 3.92 | 0.01 | 7.18 | (6.56) | 17.76 |
NexGen Energy Additional Predictive Modules
Most predictive techniques to examine NexGen price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for NexGen using various technical indicators. When you analyze NexGen charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About NexGen Energy Predictive Indicators
The successful prediction of NexGen Energy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as NexGen Energy, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of NexGen Energy based on analysis of NexGen Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to NexGen Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to NexGen Energy's related companies. | 2025 | 2026 (projected) | Days Sales Outstanding | 5.9K | 5.3K | PTB Ratio | 4.01 | 4.1 |
Pair Trading with NexGen Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NexGen Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NexGen Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with NexGen Stock
| 0.67 | ENB-PFV | Enbridge Pref 5 | PairCorr |
| 0.72 | ENB-PFC | Enbridge Pref 11 | PairCorr |
| 0.82 | ENB-PFU | Enbridge Pref L | PairCorr |
Moving against NexGen Stock
| 0.81 | ENS-PA | E Split Corp | PairCorr |
| 0.76 | AAPL | Apple CDR | PairCorr |
| 0.76 | AAPL | Apple Inc CDR | PairCorr |
| 0.75 | BRK | Berkshire Hathaway CDR | PairCorr |
| 0.66 | MSFT | Microsoft CDR | PairCorr |
| 0.66 | MSFT | Microsoft Corp CDR | PairCorr |
The ability to find closely correlated positions to NexGen Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NexGen Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NexGen Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NexGen Energy to buy it.
The correlation of NexGen Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NexGen Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NexGen Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NexGen Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out NexGen Energy Basic Forecasting Models to cross-verify your projections. To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.