Nexxen International Stock Price on December 31, 2022
| NEXN Stock | 10.02 0.05 0.50% |
If you're considering investing in Nexxen Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nexxen International stands at 10.02, as last reported on the 1st of January, with the highest price reaching 10.39 and the lowest price hitting 10.00 during the day. Nexxen International appears to be somewhat reliable, given 3 months investment horizon. Nexxen International has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nexxen International, which you can use to evaluate the volatility of the firm. Please exercise Nexxen International's Mean Deviation of 2.36, downside deviation of 2.47, and Risk Adjusted Performance of 0.0886 to check out if our risk estimates are consistent with your expectations.
Nexxen Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nexxen |
Sharpe Ratio = 0.119
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Estimated Market Risk
| 3.88 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.46 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nexxen International 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 Nexxen International by adding it to a well-diversified portfolio.
Nexxen International Valuation on December 31, 2022
It is possible to determine the worth of Nexxen International on a given historical date. On December 31, 2022 Nexxen was worth 6.54 at the beginning of the trading date compared to the closed value of 6.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexxen International pink sheet. Still, in general, we apply an absolute valuation method to find Nexxen International'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 Nexxen International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexxen International's related companies.
| Open | High | Low | Close | Volume | |
| 6.40 | 6.64 | 6.34 | 6.55 | 212,700 | |
12/30/2022 | 6.54 | 6.61 | 6.28 | 6.45 | 74,500 |
| 6.49 | 6.56 | 6.35 | 6.37 | 165,000 |
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Nexxen International Trading Date Momentum on December 31, 2022
| On January 03 2023 Nexxen International was traded for 6.37 at the closing time. The top price for the day was 6.56 and the lowest listed price was 6.35 . The trading volume for the day was 165 K. The trading history from January 3, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.24% . The trading delta at closing time against the current closing price is 6.67% . |
Nexxen International Fundamentals Correlations and Trends
By evaluating Nexxen International'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 Nexxen International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nexxen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nexxen International Pink Sheet history
Nexxen International 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 Nexxen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nexxen International 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 Nexxen International stock prices may prove useful in developing a viable investing in Nexxen International
Nexxen International Pink Sheet Technical Analysis
Nexxen International technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Nexxen International Period Price Range
Low | January 1, 2025
| High |
0.00 | 0.00 |
Nexxen International cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Nexxen International January 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Nexxen International pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexxen International shares will generate the highest return on investment. By undertsting and applying Nexxen International pink sheet market strength indicators, traders can identify Nexxen International entry and exit signals to maximize returns
Nexxen International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nexxen International's price direction in advance. Along with the technical and fundamental analysis of Nexxen Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nexxen 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 | 0.0886 | |||
| Jensen Alpha | 0.3695 | |||
| Total Risk Alpha | 0.366 | |||
| Sortino Ratio | 0.1493 | |||
| Treynor Ratio | 0.9074 |
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Other Information on Investing in Nexxen Pink Sheet
Nexxen International financial ratios help investors to determine whether Nexxen Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nexxen with respect to the benefits of owning Nexxen International security.