Nextensa (Belgium) Price on November 20, 2023
NEXTA Stock | 40.10 1.10 2.82% |
If you're considering investing in Nextensa Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nextensa stands at 40.10, as last reported on the 1st of December, with the highest price reaching 40.10 and the lowest price hitting 40.10 during the day. Nextensa NV has Sharpe Ratio of -0.0766, which conveys that the firm had a -0.0766% return per unit of risk over the last 3 months. Nextensa exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nextensa's Mean Deviation of 0.8385, risk adjusted performance of (0.06), and Standard Deviation of 1.22 to check out the risk estimate we provide.
Nextensa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nextensa |
Sharpe Ratio = -0.0766
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Estimated Market Risk
1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nextensa 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 Nextensa by adding Nextensa to a well-diversified portfolio.
Nextensa Valuation on November 20, 2023
It is possible to determine the worth of Nextensa on a given historical date. On November 20, 2023 Nextensa was worth 46.94 at the beginning of the trading date compared to the closed value of 47.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nextensa stock. Still, in general, we apply an absolute valuation method to find Nextensa'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 Nextensa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nextensa's related companies.
Open | High | Low | Close | Volume | |
47.52 | 47.67 | 46.84 | 46.84 | 1,852 | |
11/20/2023 | 46.94 | 47.23 | 46.55 | 47.23 | 1,737 |
47.04 | 47.67 | 47.04 | 47.52 | 523.00 |
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Nextensa Trading Date Momentum on November 20, 2023
On November 21 2023 Nextensa NV was traded for 47.52 at the closing time. The highest price during the trading period was 47.67 and the lowest recorded bid was listed for 47.04 . The volume for the day was 523. This history from November 21, 2023 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 0.61% . The trading delta at closing time to the current price is 3.71% . |
Nextensa NV Fundamentals Correlations and Trends
By evaluating Nextensa'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 Nextensa's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nextensa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nextensa Stock history
Nextensa 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 Nextensa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nextensa NV 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 Nextensa stock prices may prove useful in developing a viable investing in Nextensa
Nextensa Stock Technical Analysis
Nextensa 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
Nextensa Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nextensa NV cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Brussels. 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.
Nextensa December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Nextensa stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nextensa shares will generate the highest return on investment. By undertsting and applying Nextensa stock market strength indicators, traders can identify Nextensa NV entry and exit signals to maximize returns
Nextensa Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nextensa's price direction in advance. Along with the technical and fundamental analysis of Nextensa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nextensa 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 | (0.06) | |||
Jensen Alpha | (0.12) | |||
Total Risk Alpha | (0.31) | |||
Treynor Ratio | (1.48) |
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When running Nextensa's price analysis, check to measure Nextensa'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 Nextensa is operating at the current time. Most of Nextensa's value examination focuses on studying past and present price action to predict the probability of Nextensa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextensa's price. Additionally, you may evaluate how the addition of Nextensa to your portfolios can decrease your overall portfolio volatility.
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