Nexstim Oyj (Finland) Price on November 1, 2024
| NXTMH Stock | EUR 6.00 0.16 2.74% |
If you're considering investing in Nexstim Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nexstim Oyj stands at 6.00, as last reported on the 4th of December, with the highest price reaching 6.14 and the lowest price hitting 5.60 during the day. Nexstim Oyj appears to be moderately volatile, given 3 months investment horizon. Nexstim Oyj has Sharpe Ratio of 0.23, which conveys that the firm had a 0.23% return per unit of risk over the last 3 months. By analyzing Nexstim Oyj's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please exercise Nexstim Oyj's Downside Deviation of 3.18, risk adjusted performance of 0.1845, and Mean Deviation of 2.86 to check out if our risk estimates are consistent with your expectations.
Nexstim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nexstim |
Sharpe Ratio = 0.2254
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Estimated Market Risk
| 3.86 actual daily | 34 66% of assets are more volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Nexstim Oyj is performing at about 17% 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 Nexstim Oyj by adding it to a well-diversified portfolio.
Nexstim Oyj Valuation on November 1, 2024
It is possible to determine the worth of Nexstim Oyj on a given historical date. On November 1, 2024 Nexstim was worth 5.18 at the beginning of the trading date compared to the closed value of 5.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexstim Oyj stock. Still, in general, we apply an absolute valuation method to find Nexstim Oyj'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 Nexstim Oyj where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexstim Oyj's related companies.
| Open | High | Low | Close | Volume | |
| 5.32 | 5.64 | 5.32 | 5.40 | 16,270 | |
11/01/2024 | 5.18 | 5.50 | 5.18 | 5.30 | 10,193 |
| 5.46 | 5.64 | 5.44 | 5.48 | 11,737 |
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Nexstim Oyj Trading Date Momentum on November 1, 2024
| On November 04 2024 Nexstim Oyj was traded for 5.48 at the closing time. The highest price during the trading period was 5.64 and the lowest recorded bid was listed for 5.44 . The volume for the day was 11.7 K. This history from November 4, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 3.40% . The trading delta at closing time to the current price is 3.77% . |
Nexstim Oyj Fundamentals Correlations and Trends
By evaluating Nexstim Oyj'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 Nexstim Oyj's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nexstim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nexstim Oyj Stock history
Nexstim Oyj 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 Nexstim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nexstim Oyj 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 Nexstim Oyj stock prices may prove useful in developing a viable investing in Nexstim Oyj
Nexstim Plc, a neuromodulation company, engages in the development and marketing of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally. Nexstim Plc was founded in 2000 and is headquartered in Helsinki, Finland. Nexstim Oyj operates under Medical Devices classification in Finland and is traded on Helsinki Exchange. It employs 34 people.
Nexstim Oyj Stock Technical Analysis
Nexstim Oyj 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
Nexstim Oyj Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Nexstim Oyj cannot be verified against its exchange. Please verify the symbol is currently traded on Helsinki 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.
Nexstim Oyj December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Nexstim Oyj stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexstim Oyj shares will generate the highest return on investment. By undertsting and applying Nexstim Oyj stock market strength indicators, traders can identify Nexstim Oyj entry and exit signals to maximize returns
Nexstim Oyj Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nexstim Oyj's price direction in advance. Along with the technical and fundamental analysis of Nexstim Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nexstim 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 | 0.1845 | |||
| Jensen Alpha | 0.9103 | |||
| Total Risk Alpha | 0.381 | |||
| Sortino Ratio | 0.2613 | |||
| Treynor Ratio | 4.0 |
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Complementary Tools for Nexstim Stock analysis
When running Nexstim Oyj's price analysis, check to measure Nexstim Oyj'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 Nexstim Oyj is operating at the current time. Most of Nexstim Oyj's value examination focuses on studying past and present price action to predict the probability of Nexstim Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstim Oyj's price. Additionally, you may evaluate how the addition of Nexstim Oyj to your portfolios can decrease your overall portfolio volatility.
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