Nuwellis Stock Price on July 25, 2024

NUWE Stock  USD 1.09  0.03  2.83%   
If you're considering investing in Nuwellis Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nuwellis stands at 1.09, as last reported on the 25th of December, with the highest price reaching 1.11 and the lowest price hitting 1.07 during the day. Nuwellis is abnormally volatile given 3 months investment horizon. Nuwellis has Sharpe Ratio of 0.0582, which conveys that the firm had a 0.0582% return per unit of risk over the last 3 months. We are able to interpolate and break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.06% are justified by taking the suggested risk. Use Nuwellis Downside Deviation of 11.82, mean deviation of 10.11, and Risk Adjusted Performance of 0.0561 to evaluate company specific risk that cannot be diversified away.
  
Nuwellis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0582

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Estimated Market Risk

 18.13
  actual daily
96
96% of assets are less volatile

Expected Return

 1.06
  actual daily
21
79% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Nuwellis 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 Nuwellis by adding it to a well-diversified portfolio.

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Nuwellis Valuation on July 25, 2024

It is possible to determine the worth of Nuwellis on a given historical date. On July 25, 2024 Nuwellis was worth 2.45 at the beginning of the trading date compared to the closed value of 2.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuwellis stock. Still, in general, we apply an absolute valuation method to find Nuwellis' 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 Nuwellis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuwellis' related companies.
 Open High Low Close Volume
  2.75    2.91    2.28    2.49    1,008,207  
07/25/2024
  2.45    2.62    2.43    2.50    175,131  
  2.56    2.59    2.19    2.40    498,609  
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Open Value
2.45
2.5
Closing Value
56.85
Upside

Nuwellis Trading Date Momentum on July 25, 2024

On July 26 2024 Nuwellis was traded for  2.40  at the closing time. The top price for the day was 2.59  and the lowest listed price was  2.19 . The trading volume for the day was 498.6 K. The trading history from July 26, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 4.00% . The trading delta at closing time against the current closing price is 4.00% .

Nuwellis Fundamentals Correlations and Trends

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

About Nuwellis Stock history

Nuwellis 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 Nuwellis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuwellis 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 Nuwellis stock prices may prove useful in developing a viable investing in Nuwellis
Nuwellis, Inc., a medical device company, focuses on developing, manufacturing, and commercializing medical devices used in ultrafiltration therapy. Nuwellis, Inc. was founded in 1999 and is headquartered in Eden Prairie, Minnesota. Nuwellis operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 70 people.

Nuwellis Stock Technical Analysis

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

Nuwellis Period Price Range

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December 25, 2024
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Nuwellis cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Nuwellis December 25, 2024 Market Strength

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

Nuwellis Technical and Predictive Indicators

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

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