Nexa Resources Sa Stock Price on October 29, 2024
| NEXA Stock | USD 7.87 0.08 1.01% |
Below is the normalized historical share price chart for Nexa Resources SA extending back to October 27, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nexa Resources stands at 7.87, as last reported on the 19th of December, with the highest price reaching 7.87 and the lowest price hitting 7.87 during the day.
If you're considering investing in Nexa Stock, it is important to understand the factors that can impact its price. Nexa Resources appears to be somewhat reliable, given 3 months investment horizon. Nexa Resources SA has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Nexa Resources, which you can use to evaluate the volatility of the firm. Please exercise Nexa Resources' Risk Adjusted Performance of 0.1144, mean deviation of 1.77, and Downside Deviation of 2.26 to check out if our risk estimates are consistent with your expectations.
The current year's Total Stockholder Equity is expected to grow to about 1.6 B, whereas Common Stock Total Equity is forecasted to decline to about 113.2 M. . At present, Nexa Resources' Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.01, whereas Price To Sales Ratio is forecasted to decline to 0.35. Nexa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of October 2017 | 200 Day MA 7.3506 | 50 Day MA 7.7868 | Beta 1.545 |
Nexa |
Sharpe Ratio = 0.1256
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Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nexa Resources is performing at about 9% of its full potential. 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 Nexa Resources by adding it to a well-diversified portfolio.
Price Book 1.1216 | Enterprise Value Ebitda 7.2843 | Price Sales 0.3965 | Shares Float 46.8 M | Wall Street Target Price 7.8643 |
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Nexa Resources Valuation on October 29, 2024
It is possible to determine the worth of Nexa Resources on a given historical date. On October 29, 2024 Nexa was worth 7.94 at the beginning of the trading date compared to the closed value of 8.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexa Resources stock. Still, in general, we apply an absolute valuation method to find Nexa Resources' 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 Nexa Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexa Resources' related companies.
| Open | High | Low | Close | Volume | |
| 8.00 | 8.09 | 7.85 | 7.86 | 20,824 | |
10/29/2024 | 7.94 | 8.09 | 7.94 | 8.03 | 13,911 |
| 7.98 | 7.98 | 7.75 | 7.81 | 15,280 |
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Nexa Resources Trading Date Momentum on October 29, 2024
| On October 30 2024 Nexa Resources SA was traded for 7.81 at the closing time. The top price for the day was 7.98 and the lowest listed price was 7.75 . The trading volume for the day was 15.3 K. The trading history from October 30, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.74% . The trading delta at closing time against the current closing price is 3.61% . |
Nexa Resources SA Fundamentals Correlations and Trends
By evaluating Nexa Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nexa Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nexa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nexa Resources Stock history
Nexa Resources 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 Nexa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nexa Resources SA 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 Nexa Resources stock prices may prove useful in developing a viable investing in Nexa Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 152.3 M | 137.6 M | |
| Net Income Applicable To Common Shares | 44.2 M | 46.4 M |
Nexa Resources Stock Technical Analysis
Nexa Resources 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.
Price Boundaries
Nexa Resources Period Price Range
Low | December 19, 2024
| High |
0.00 | 0.00 |
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Nexa Resources December 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Nexa Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexa Resources shares will generate the highest return on investment. By undertsting and applying Nexa Resources stock market strength indicators, traders can identify Nexa Resources SA entry and exit signals to maximize returns
Nexa Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nexa Resources' price direction in advance. Along with the technical and fundamental analysis of Nexa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nexa 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 | 0.1144 | |||
| Jensen Alpha | 0.2859 | |||
| Total Risk Alpha | 0.2364 | |||
| Sortino Ratio | 0.1197 | |||
| Treynor Ratio | 1.57 |
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Complementary Tools for Nexa Stock analysis
When running Nexa Resources' price analysis, check to measure Nexa Resources' 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 Nexa Resources is operating at the current time. Most of Nexa Resources' value examination focuses on studying past and present price action to predict the probability of Nexa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexa Resources' price. Additionally, you may evaluate how the addition of Nexa Resources to your portfolios can decrease your overall portfolio volatility.
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