Nxg Nextgen Infrastructure Stock Price on December 13, 2024

NXG Stock  USD 43.98  1.07  2.49%   
Below is the normalized historical share price chart for NXG NextGen Infrastructure extending back to September 26, 2012. 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 NXG NextGen stands at 43.98, as last reported on the 27th of December, with the highest price reaching 44.16 and the lowest price hitting 42.87 during the day.
IPO Date
1st of November 2022
200 Day MA
41.7143
50 Day MA
46.0846
 
Yuan Drop
 
Covid
If you're considering investing in NXG Stock, it is important to understand the factors that can impact its price. At this point, NXG NextGen is very steady. NXG NextGen Infrastr has Sharpe Ratio of 0.0766, which conveys that the firm had a 0.0766% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for NXG NextGen, which you can use to evaluate the volatility of the firm. Please verify NXG NextGen's risk adjusted performance of 0.0755, and Mean Deviation of 1.36 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
  
At this time, NXG NextGen's Common Stock is most likely to decrease significantly in the upcoming years. The NXG NextGen's current Capital Stock is estimated to increase to 3,330, while Other Stockholder Equity is projected to decrease to roughly 155.5 M. . At this time, NXG NextGen's Price To Book Ratio is most likely to slightly decrease in the upcoming years. The NXG NextGen's current Price Fair Value is estimated to increase to 0.97, while Price Earnings Ratio is forecasted to increase to (3.19). NXG Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0766

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Estimated Market Risk

 2.14
  actual daily
19
81% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average NXG NextGen is performing at about 6% 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.
Price Book
1.0127
Price Sales
13.4213
Shares Outstanding
2.7 M
Market Capitalization
117 M
Shares Short Prior Month
699

Related Headline

CBH Headline on 30th of August 2024

Filed transaction by CBH Executive. Grant, award or other acquisition pursuant to Rule 16b-3(d)

NXG NextGen Valuation on December 13, 2024

It is possible to determine the worth of NXG NextGen on a given historical date. On December 13, 2024 NXG was worth 47.03 at the beginning of the trading date compared to the closed value of 46.34. 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
  45.59    46.10    45.17    45.85    30,726  
12/13/2024
  47.03    47.03    45.65    46.34    24,619  
  46.84    46.84    44.00    44.19    65,995  
Backtest NXG NextGen  |  NXG NextGen History  |  NXG NextGen Valuation   PreviousNext  
Open Value
47.03
46.34
Closing Value
53.44
Upside

NXG NextGen Trading Date Momentum on December 13, 2024

On December 16 2024 NXG NextGen Infrastructure was traded for  44.19  at the closing time. Highest NXG NextGen's price during the trading hours was 46.84  and the lowest price during the day was  44.00 . The net volume was 66 K. The overall trading history on the 16th of December 2024 contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 4.64% . The trading delta at closing time to current price is 9.02% .

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
Last ReportedProjected for Next Year
Common Stock Shares OutstandingM2.7 M

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

NXG NextGen Period Price Range

Low
December 27, 2024
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High

 0.00 

     

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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 December 27, 2024 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.

Complementary Tools for NXG Stock analysis

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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