Nexe Innovations Stock Price on December 2, 2024

NEXNF Stock  USD 0.25  0.02  7.41%   
If you're considering investing in NEXE OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of NEXE Innovations stands at 0.25, as last reported on the 21st of January, with the highest price reaching 0.25 and the lowest price hitting 0.24 during the day. NEXE Innovations has Sharpe Ratio of -0.0642, which conveys that the firm had a -0.0642 % return per unit of standard deviation over the last 3 months. NEXE Innovations exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEXE Innovations' Mean Deviation of 3.4, market risk adjusted performance of 0.2097, and Risk Adjusted Performance of 0.0268 to check out the risk estimate we provide.
  
NEXE OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0642

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Estimated Market Risk

 4.23
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.27
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average NEXE Innovations 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 NEXE Innovations by adding NEXE Innovations to a well-diversified portfolio.

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NEXE Innovations Valuation on December 2, 2024

It is possible to determine the worth of NEXE Innovations on a given historical date. On December 2, 2024 NEXE was worth 0.27 at the beginning of the trading date compared to the closed value of 0.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEXE Innovations otc stock. Still, in general, we apply an absolute valuation method to find NEXE Innovations' 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 NEXE Innovations where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEXE Innovations' related companies.
 Open High Low Close Volume
  0.30    0.30    0.28    0.28    11,508  
12/02/2024
  0.27    0.29    0.27    0.28    24,100  
  0.28    0.29    0.28    0.28    4,600  
Backtest NEXE Innovations  |  NEXE Innovations History  |  NEXE Innovations Valuation   PreviousNext  
Open Value
0.27
0.28
Closing Value
12.96
Upside

NEXE Innovations Trading Date Momentum on December 2, 2024

On December 03 2024 NEXE Innovations was traded for  0.28  at the closing time. The highest daily price throughout the period was 0.29  and the lowest price was  0.28 . The daily volume was 4.6 K. The net trading volume on 12/03/2024 did not cause price change. The trading delta at closing time to current closing price is 14.29% .

NEXE Innovations Fundamentals Correlations and Trends

By evaluating NEXE Innovations' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NEXE Innovations' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NEXE financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NEXE Innovations OTC Stock history

NEXE Innovations 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 NEXE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NEXE Innovations 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 NEXE Innovations stock prices may prove useful in developing a viable investing in NEXE Innovations
NEXE Innovations Inc. designs, develops, manufactures, and sells plant-based single-serve coffee pods for use in single-serve coffee machines. The company was founded in 2015 and is headquartered in Surrey, Canada. Nexe Innovations is traded on OTC Exchange in the United States.

NEXE Innovations OTC Stock Technical Analysis

NEXE Innovations technical otc 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, otc market cycles, or different charting patterns.
A focus of NEXE Innovations technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NEXE Innovations 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

NEXE Innovations Period Price Range

Low
January 21, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

NEXE Innovations cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.

NEXE Innovations January 21, 2025 Market Strength

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

NEXE Innovations Technical and Predictive Indicators

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

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