Nxg Nextgen Infrastructure Stock Price on June 27, 2024
NXG Stock | USD 48.40 1.55 3.31% |
If you're considering investing in NXG Stock, it is important to understand the factors that can impact its price. As of today, the current price of NXG NextGen stands at 48.40, as last reported on the 5th of January, with the highest price reaching 48.61 and the lowest price hitting 47.31 during the day. NXG NextGen appears to be very steady, given 3 months investment horizon. NXG NextGen Infrastr has Sharpe Ratio of 0.0914, which conveys that the firm had a 0.0914% return per unit of risk over the last 3 months. We have found thirty technical indicators for NXG NextGen, which you can use to evaluate the volatility of the firm. Please exercise NXG NextGen's risk adjusted performance of 0.0804, and Mean Deviation of 1.42 to check out if our risk estimates are consistent with your expectations.
NXG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NXG |
Sharpe Ratio = 0.0914
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Estimated Market Risk
2.13 actual daily | 18 82% of assets are more volatile |
Expected Return
0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average NXG NextGen is performing at about 7% 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 NXG NextGen by adding it to a well-diversified portfolio.
NXG NextGen Valuation on June 27, 2024
It is possible to determine the worth of NXG NextGen on a given historical date. On June 27, 2024 NXG was worth 38.59 at the beginning of the trading date compared to the closed value of 38.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NXG NextGen stock. Still, in general, we apply an absolute valuation method to find NXG NextGen's 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 NXG NextGen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NXG NextGen's related companies.
Open | High | Low | Close | Volume | |
37.45 | 37.89 | 36.84 | 37.63 | 31,223 | |
06/27/2024 | 38.59 | 38.59 | 37.79 | 38.00 | 27,185 |
38.26 | 38.33 | 37.92 | 37.92 | 16,214 |
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NXG NextGen Trading Date Momentum on June 27, 2024
On June 28 2024 NXG NextGen Infrastructure was traded for 37.92 at the closing time. Highest NXG NextGen's price during the trading hours was 38.33 and the lowest price during the day was 37.92 . The net volume was 16.2 K. The overall trading history on the 28th of June contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.21% . The trading delta at closing time to current price is 0.16% . |
NXG NextGen Infrastr Fundamentals Correlations and Trends
By evaluating NXG NextGen's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NXG NextGen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NXG financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NXG NextGen Stock history
NXG NextGen 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 NXG is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NXG NextGen Infrastr 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 NXG NextGen stock prices may prove useful in developing a viable investing in NXG NextGen
NXG NextGen Stock Technical Analysis
NXG NextGen 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
NXG NextGen Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
NXG NextGen Infrastructure cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
NXG NextGen January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how NXG NextGen stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NXG NextGen shares will generate the highest return on investment. By undertsting and applying NXG NextGen stock market strength indicators, traders can identify NXG NextGen Infrastructure entry and exit signals to maximize returns
NXG NextGen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NXG NextGen's price direction in advance. Along with the technical and fundamental analysis of NXG Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NXG 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 | 0.0804 | |||
Jensen Alpha | 0.1742 | |||
Total Risk Alpha | 0.1527 | |||
Sortino Ratio | 0.0641 | |||
Treynor Ratio | 0.2079 |
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When running NXG NextGen's price analysis, check to measure NXG NextGen'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 NXG NextGen is operating at the current time. Most of NXG NextGen's value examination focuses on studying past and present price action to predict the probability of NXG NextGen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NXG NextGen's price. Additionally, you may evaluate how the addition of NXG NextGen to your portfolios can decrease your overall portfolio volatility.
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