Next Mediaworks (India) Price on December 3, 2024

NEXTMEDIA   8.24  0.07  0.84%   
Below is the normalized historical share price chart for Next Mediaworks Limited extending back to April 04, 2001. 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 Next Mediaworks stands at 8.24, as last reported on the 26th of December, with the highest price reaching 8.53 and the lowest price hitting 7.93 during the day.
200 Day MA
7.4627
50 Day MA
8.2296
Beta
0.943
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Next Stock, it is important to understand the factors that can impact its price. Next Mediaworks appears to be slightly risky, given 3 months investment horizon. Next Mediaworks has Sharpe Ratio of 0.0511, which conveys that the firm had a 0.0511% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Next Mediaworks, which you can use to evaluate the volatility of the firm. Please exercise Next Mediaworks' Downside Deviation of 3.1, mean deviation of 2.93, and Risk Adjusted Performance of 0.0465 to check out if our risk estimates are consistent with your expectations.
  
The current year's Liabilities And Stockholders Equity is expected to grow to about 1.3 B, whereas Total Stockholder Equity is projected to grow to (834.9 M). . Next Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0511

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Estimated Market Risk

 4.8
  actual daily
42
58% of assets are more volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.05
  actual daily
4
96% of assets perform better
Based on monthly moving average Next Mediaworks is performing at about 4% 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 Next Mediaworks by adding it to a well-diversified portfolio.
Price Book
3.9161
Enterprise Value Ebitda
(114.73)
Price Sales
1.4597
Shares Float
12.4 M
Wall Street Target Price
37

Next Mediaworks Valuation on December 3, 2024

It is possible to determine the worth of Next Mediaworks on a given historical date. On December 3, 2024 Next was worth 9.95 at the beginning of the trading date compared to the closed value of 10.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Next Mediaworks stock. Still, in general, we apply an absolute valuation method to find Next Mediaworks' 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 Next Mediaworks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Next Mediaworks' related companies.
 Open High Low Close Volume
  9.44    9.59    9.12    9.59    40,973  
12/03/2024
  9.95    10.06    9.12    10.02    80,380  
  10.45    10.52    9.56    10.52    58,068  
Backtest Next Mediaworks  |  Next Mediaworks History  |  Next Mediaworks Valuation   PreviousNext  
Open Value
9.95
10.02
Closing Value
24.34
Upside

Next Mediaworks Trading Date Momentum on December 3, 2024

On December 04 2024 Next Mediaworks Limited was traded for  10.52  at the closing time. The highest price during the trading period was 10.52  and the lowest recorded bid was listed for  9.56 . The volume for the day was 58.1 K. This history from December 4, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 4.99% . The trading delta at closing time to the current price is 9.28% .

Next Mediaworks Fundamentals Correlations and Trends

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

About Next Mediaworks Stock history

Next Mediaworks 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 Next is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Next Mediaworks 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 Next Mediaworks stock prices may prove useful in developing a viable investing in Next Mediaworks
Last ReportedProjected for Next Year
Common Stock Shares Outstanding76.9 M66.8 M
Net Loss-162.7 M-170.9 M

Next Mediaworks Stock Technical Analysis

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

Next Mediaworks Period Price Range

Low
December 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Next Mediaworks Limited cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

Next Mediaworks December 26, 2024 Market Strength

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

Next Mediaworks Technical and Predictive Indicators

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

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