NEXO Valuation
NEXO Crypto | USD 1.34 0.01 0.75% |
Today, the crypto appears to be fairly valued. NEXO secures a last-minute Real Value of $1.35 per share. The latest price of the crypto is $1.34. Our model forecasts the value of NEXO from inspecting the crypto technical indicators and probability of bankruptcy. In general, investors recommend purchasing undervalued crypto coins and exiting overvalued crypto coins since, at some point future time, crypto coin prices and their ongoing real values will merge together.
NEXO Valuation Module provides a unique way to ballpark how much the project is worth today. It is done using both, our quantitative analysis as well as its intrinsic market price estimation to project the real value.
Fairly Valued
Today
Please note that NEXO's price fluctuation is very volatile at this time. Calculation of the real value of NEXO is based on 3 months time horizon. Increasing NEXO's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since NEXO is currently traded on the exchange, buyers and sellers on that exchange determine the market value of NEXO Crypto Coin. However, NEXO's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 1.34 | Real 1.35 | Hype 1.34 | Naive 1.24 |
The real value of NEXO Crypto Coin, also known as its intrinsic value, is the underlying worth of NEXO Cryptocurrency, which is reflected in its stock price. It is based on NEXO's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of NEXO's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of NEXO helps investors to forecast how NEXO crypto coin's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of NEXO more accurately as focusing exclusively on NEXO's fundamentals will not take into account other important factors: NEXO Supply Analysis
Coin Takeover Price | Coin Market Cap | Coin Supply | Coins Mined |
4.91 K | 4.91 K | 0.0 | 1000 M |
NEXO Price Momentum Patterns
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The average directional index (ADX) measures the strength of a prevailing trend of NEXO and whether movement exists in the market. The ADX is measured on a scale of 0 to 100. A low NEXO ADX value usually indicates a non-trending market with low volumes, whereas a cross above 20 may indicate the start of a trend. If the ADX is over 40 and begins to fall, it can indicate the slowdown of a current trend. This indicator can also be used to identify non-trending markets, or a deterioration of an ongoing trend. Although market direction is important in its calculation, the ADX is not a directional indicator
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates NEXO's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in NEXO and how it compares across the competition.
About NEXO Valuation
The crypto valuation mechanism determines NEXO's current worth on a weekly basis. Our valuation model uses a comparative analysis of NEXO. We calculate exposure to NEXO's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of NEXO's related companies. When determining whether NEXO offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NEXO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nexo Crypto.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEXO. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.