Nextdc Limited Stock Price on May 28, 2024
If you're considering investing in NEXTDC Pink Sheet, it is important to understand the factors that can impact its price. NEXTDC appears to be not too volatile, given 3 months investment horizon. NEXTDC Limited has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of standard deviation over the last 3 months. We have found thirteen technical indicators for NEXTDC, which you can use to evaluate the volatility of the firm. Please exercise NEXTDC's Risk Adjusted Performance of 0.1084, market risk adjusted performance of (2.72), and Mean Deviation of 0.394 to check out if our risk estimates are consistent with your expectations.
NEXTDC Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
NEXTDC |
Sharpe Ratio = 0.1299
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NXDCF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.57 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average NEXTDC 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 NEXTDC by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
NEXTDC Period Price Range
Low | December 28, 2024
| High |
0.00 | 0.00 |
NEXTDC Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
NEXTDC December 28, 2024 Market Strength
Market strength indicators help investors to evaluate how NEXTDC pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEXTDC shares will generate the highest return on investment. By undertsting and applying NEXTDC pink sheet market strength indicators, traders can identify NEXTDC Limited entry and exit signals to maximize returns
NEXTDC Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NEXTDC's price direction in advance. Along with the technical and fundamental analysis of NEXTDC Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEXTDC 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 | 0.1084 | |||
| Jensen Alpha | 0.1948 | |||
| Total Risk Alpha | 0.1497 | |||
| Treynor Ratio | (2.73) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for NEXTDC Pink Sheet analysis
When running NEXTDC's price analysis, check to measure NEXTDC'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 NEXTDC is operating at the current time. Most of NEXTDC's value examination focuses on studying past and present price action to predict the probability of NEXTDC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXTDC's price. Additionally, you may evaluate how the addition of NEXTDC to your portfolios can decrease your overall portfolio volatility.
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments |