Newegg Commerce Stock Price on January 9, 2025

NEGG Stock  USD 0.48  0.06  14.29%   
If you're considering investing in Newegg Stock, it is important to understand the factors that can impact its price. As of today, the current price of Newegg Commerce stands at 0.48, as last reported on the 24th of January, with the highest price reaching 0.51 and the lowest price hitting 0.44 during the day. Newegg Commerce has Sharpe Ratio of -0.1, which conveys that the firm had a -0.1 % return per unit of risk over the last 3 months. Newegg Commerce exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newegg Commerce's Risk Adjusted Performance of (0.08), mean deviation of 3.56, and Standard Deviation of 4.61 to check out the risk estimate we provide.
  
Newegg Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1048

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Estimated Market Risk

 4.61
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.48
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.1
  actual daily
0
Most of other assets perform better
Based on monthly moving average Newegg Commerce 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 Newegg Commerce by adding Newegg Commerce to a well-diversified portfolio.

Newegg Commerce Valuation on January 9, 2025

It is possible to determine the worth of Newegg Commerce on a given historical date. On January 9, 2025 Newegg was worth 0.48 at the beginning of the trading date compared to the closed value of 0.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newegg Commerce stock. Still, in general, we apply an absolute valuation method to find Newegg Commerce'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 Newegg Commerce where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newegg Commerce's related companies.
 Open High Low Close Volume
  0.52    0.53    0.47    0.49    1,389,646  
01/08/2025
  0.48    0.49    0.44    0.45    1,287,686  
  0.47    0.47    0.42    0.45    650,111  
Backtest Newegg Commerce  |  Newegg Commerce History  |  Newegg Commerce Valuation   PreviousNext  
Open Value
0.48
0.45
Closing Value
14.32
Upside

Newegg Commerce Trading Date Momentum on January 9, 2025

On January 10 2025 Newegg Commerce was traded for  0.45  at the closing time. The top price for the day was 0.47  and the lowest listed price was  0.42 . The trading volume for the day was 650.1 K. The trading history from January 10, 2025 did not cause price change. The trading delta at closing time against the current closing price is 4.44% .

Newegg Commerce Fundamentals Correlations and Trends

By evaluating Newegg Commerce'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 Newegg Commerce's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newegg financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Newegg Commerce Stock history

Newegg Commerce 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 Newegg is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newegg Commerce 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 Newegg Commerce stock prices may prove useful in developing a viable investing in Newegg Commerce
Newegg Commerce, Inc. operates as an electronics-focused e-retailer in North America. Newegg Commerce, Inc. is a subsidiary of Hangzhou Liaison Interactive Information Technology Co., Ltd. Newegg Commerce operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. It employs 2205 people.

Newegg Commerce Stock Technical Analysis

Newegg Commerce 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 Newegg Commerce technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Newegg Commerce 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

Newegg Commerce Period Price Range

Low
January 24, 2025
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High

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Newegg Commerce cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Newegg Commerce January 24, 2025 Market Strength

Market strength indicators help investors to evaluate how Newegg Commerce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newegg Commerce shares will generate the highest return on investment. By undertsting and applying Newegg Commerce stock market strength indicators, traders can identify Newegg Commerce entry and exit signals to maximize returns

Newegg Commerce Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Newegg Commerce's price direction in advance. Along with the technical and fundamental analysis of Newegg Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newegg 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.

Complementary Tools for Newegg Stock analysis

When running Newegg Commerce's price analysis, check to measure Newegg Commerce'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 Newegg Commerce is operating at the current time. Most of Newegg Commerce's value examination focuses on studying past and present price action to predict the probability of Newegg Commerce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newegg Commerce's price. Additionally, you may evaluate how the addition of Newegg Commerce to your portfolios can decrease your overall portfolio volatility.
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