Ngex Minerals Stock Price on February 21, 2024
| NGEX Stock | 13.84 0.33 2.44% |
Below is the normalized historical share price chart for NGEx Minerals extending back to August 20, 2019. 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 NGEx Minerals stands at 13.84, as last reported on the 25th of December, with the highest price reaching 13.84 and the lowest price hitting 13.50 during the day.
If you're considering investing in NGEx Stock, it is important to understand the factors that can impact its price. NGEx Minerals appears to be not too volatile, given 3 months investment horizon. NGEx Minerals has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NGEx Minerals, which you can use to evaluate the volatility of the firm. Please exercise NGEx Minerals' mean deviation of 1.91, and Risk Adjusted Performance of 0.1767 to check out if our risk estimates are consistent with your expectations.
At this time, NGEx Minerals' Total Stockholder Equity is very stable compared to the past year. As of the 25th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 85.4 M, while Common Stock Shares Outstanding is likely to drop about 157.8 M. . As of the 25th of December 2024, Price Earnings Ratio is likely to drop to -39.59. In addition to that, Price Book Value Ratio is likely to drop to 11.14. NGEx Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 10.102 | 50 Day MA 12.2894 | Beta 1.839 |
NGEx |
Sharpe Ratio = 0.1358
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Estimated Market Risk
| 2.16 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average NGEx Minerals is performing at about 10% 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 NGEx Minerals by adding it to a well-diversified portfolio.
Price Book 58.1382 | Book Value 0.393 | Enterprise Value 2.8 B | Enterprise Value Ebitda (21.12) | Shares Float 112.2 M |
NGEx Minerals Valuation on February 21, 2024
It is possible to determine the worth of NGEx Minerals on a given historical date. On February 21, 2024 NGEx was worth 8.05 at the beginning of the trading date compared to the closed value of 8.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NGEx Minerals stock. Still, in general, we apply an absolute valuation method to find NGEx Minerals' 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 NGEx Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NGEx Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 8.05 | 8.05 | 7.37 | 7.70 | 135,700 | |
02/21/2024 | 8.05 | 8.25 | 7.97 | 8.24 | 438,700 |
| 8.24 | 8.30 | 7.83 | 7.83 | 91,700 |
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NGEx Minerals Trading Date Momentum on February 21, 2024
| On February 22 2024 NGEx Minerals was traded for 7.83 at the closing time. The highest price during the trading period was 8.30 and the lowest recorded bid was listed for 7.83 . The volume for the day was 91.7 K. This history from February 22, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 4.98% . The trading delta at closing time to the current price is 3.16% . |
NGEx Minerals Fundamentals Correlations and Trends
By evaluating NGEx Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NGEx Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NGEx financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NGEx Minerals Stock history
NGEx Minerals 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 NGEx is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NGEx Minerals 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 NGEx Minerals stock prices may prove useful in developing a viable investing in NGEx Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 178 M | 157.8 M |
NGEx Minerals Stock Technical Analysis
NGEx Minerals 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
NGEx Minerals Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
NGEx Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto 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.
NGEx Minerals December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how NGEx Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NGEx Minerals shares will generate the highest return on investment. By undertsting and applying NGEx Minerals stock market strength indicators, traders can identify NGEx Minerals entry and exit signals to maximize returns
NGEx Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NGEx Minerals' price direction in advance. Along with the technical and fundamental analysis of NGEx Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NGEx 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 | 0.1767 | |||
| Jensen Alpha | 0.4986 | |||
| Total Risk Alpha | 0.382 | |||
| Sortino Ratio | 0.2503 | |||
| Treynor Ratio | (1.04) |
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Other Information on Investing in NGEx Stock
NGEx Minerals financial ratios help investors to determine whether NGEx Stock 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 NGEx with respect to the benefits of owning NGEx Minerals security.