Nextcure Stock Price on October 21, 2024
NXTC Stock | USD 0.97 0.02 2.11% |
If you're considering investing in NextCure Stock, it is important to understand the factors that can impact its price. As of today, the current price of NextCure stands at 0.97, as last reported on the 23rd of December, with the highest price reaching 0.99 and the lowest price hitting 0.93 during the day. NextCure has Sharpe Ratio of -0.13, which conveys that the firm had a -0.13% return per unit of risk over the last 3 months. NextCure exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NextCure's Mean Deviation of 2.82, standard deviation of 3.97, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide.
NextCure Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NextCure |
Sharpe Ratio = -0.1311
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Estimated Market Risk
3.97 actual daily | 35 65% of assets are more volatile |
Expected Return
-0.52 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NextCure is not performing at its full potential. However, 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 NextCure by adding NextCure to a well-diversified portfolio.
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NextCure Valuation on October 21, 2024
It is possible to determine the worth of NextCure on a given historical date. On October 21, 2024 NextCure was worth 1.37 at the beginning of the trading date compared to the closed value of 1.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NextCure stock. Still, in general, we apply an absolute valuation method to find NextCure'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 NextCure where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NextCure's related companies.
Open | High | Low | Close | Volume | |
1.43 | 1.43 | 1.37 | 1.37 | 12,150 | |
10/21/2024 | 1.37 | 1.44 | 1.34 | 1.34 | 26,840 |
1.34 | 1.42 | 1.34 | 1.41 | 114,282 |
Backtest NextCure | | | NextCure History | | | NextCure Valuation | Previous | Next |
NextCure Trading Date Momentum on October 21, 2024
On October 22 2024 NextCure was traded for 1.41 at the closing time. The top price for the day was 1.42 and the lowest listed price was 1.34 . The trading volume for the day was 114.3 K. The trading history from October 22, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 5.22% . The trading delta at closing time against the current closing price is 1.49% . |
NextCure Fundamentals Correlations and Trends
By evaluating NextCure'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 NextCure's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NextCure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NextCure Stock history
NextCure 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 NextCure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NextCure 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 NextCure stock prices may prove useful in developing a viable investing in NextCure
NextCure, Inc., a clinical-stage biopharmaceutical company, engages in discovering and developing novel immunomedicines to treat cancer and other immune-related diseases by restoring normal immune function. NextCure, Inc. was incorporated in 2015 and is headquartered in Beltsville, Maryland. Nextcure operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 87 people.
NextCure Stock Technical Analysis
NextCure 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
NextCure Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
NextCure 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.
NextCure December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how NextCure stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NextCure shares will generate the highest return on investment. By undertsting and applying NextCure stock market strength indicators, traders can identify NextCure entry and exit signals to maximize returns
NextCure Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NextCure's price direction in advance. Along with the technical and fundamental analysis of NextCure Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NextCure 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 | (0.1) | |||
Jensen Alpha | (0.52) | |||
Total Risk Alpha | (0.65) | |||
Treynor Ratio | 1.4 |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for NextCure Stock analysis
When running NextCure's price analysis, check to measure NextCure'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 NextCure is operating at the current time. Most of NextCure's value examination focuses on studying past and present price action to predict the probability of NextCure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextCure's price. Additionally, you may evaluate how the addition of NextCure to your portfolios can decrease your overall portfolio volatility.
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