Ngex Minerals Stock Price on August 13, 2024

NGXXF Stock  USD 9.56  0.11  1.14%   
If you're considering investing in NGEx OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of NGEx Minerals stands at 9.56, as last reported on the 28th of March, with the highest price reaching 9.56 and the lowest price hitting 9.52 during the day. At this point, NGEx Minerals is somewhat reliable. NGEx Minerals has Sharpe Ratio of 0.0396, which conveys that the firm had a 0.0396 % 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 verify NGEx Minerals' mean deviation of 1.76, and Risk Adjusted Performance of 0.0456 to check out if the risk estimate we provide is consistent with the expected return of 0.0962%.
  
NGEx OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0396

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Estimated Market Risk

 2.43
  actual daily
21
79% of assets are more volatile

Expected Return

 0.1
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.04
  actual daily
3
97% of assets perform better
Based on monthly moving average NGEx Minerals is performing at about 3% 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.

NGEx Minerals Valuation on August 13, 2024

It is possible to determine the worth of NGEx Minerals on a given historical date. On August 13, 2024 NGEx was worth 6.85 at the beginning of the trading date compared to the closed value of 6.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NGEx Minerals otc 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
  6.65    6.82    6.58    6.78    28,644  
08/13/2024
  6.85    6.94    6.84    6.94    104,868  
  6.94    6.94    6.78    6.94    26,251  
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Open Value
6.85
6.94
Closing Value
14.14
Upside

NGEx Minerals Trading Date Momentum on August 13, 2024

On August 14 2024 NGEx Minerals was traded for  6.94  at the closing time. The highest daily price throughout the period was 6.94  and the lowest price was  6.78 . The daily volume was 26.3 K. The net trading volume on 08/14/2024 did not cause price change. The trading delta at closing time to current closing price is 12.25% .

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 OTC 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
NGEx Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in Chile and Argentina. The company was incorporated in 2019 and is headquartered in Vancouver, Canada. Ngex Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

NGEx Minerals OTC Stock Technical Analysis

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

NGEx Minerals Period Price Range

Low
March 28, 2025
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High

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NGEx Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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 March 28, 2025 Market Strength

Market strength indicators help investors to evaluate how NGEx Minerals 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 NGEx Minerals shares will generate the highest return on investment. By undertsting and applying NGEx Minerals otc 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 OTC 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.

Complementary Tools for NGEx OTC Stock analysis

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