Nexstim Oyj (Finland) Price on November 15, 2024

NXTMH Stock  EUR 6.56  0.24  3.53%   
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 6.56, as last reported on the 11th of December 2024, with the highest price reaching 6.84 and the lowest price hitting 6.42 during the day. Nexstim Oyj is moderately volatile given 3 months investment horizon. Nexstim Oyj has Sharpe Ratio of 0.25, which conveys that the firm had a 0.25% return per unit of risk over the last 3 months. We have analyze and collected data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Nexstim Oyj Risk Adjusted Performance of 0.1895, mean deviation of 2.71, and Downside Deviation of 3.09 to evaluate company specific risk that cannot be diversified away.
  
Nexstim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2535

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsNXTMH
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.96
  actual daily
35
65% of assets are more volatile

Expected Return

 1.0
  actual daily
19
81% of assets have higher returns

Risk-Adjusted Return

 0.25
  actual daily
19
81% of assets perform better
Based on monthly moving average Nexstim Oyj is performing at about 19% 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 15, 2024

It is possible to determine the worth of Nexstim Oyj on a given historical date. On November 15, 2024 Nexstim was worth 5.08 at the beginning of the trading date compared to the closed value of 5.16. 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
  5.10    5.14    4.88    5.14    14,102  
11/15/2024
  5.08    5.26    4.83    5.16    17,250  
  5.08    5.26    5.04    5.12    1,660  
Backtest Nexstim Oyj  |  Nexstim Oyj History  |  Nexstim Oyj Valuation   PreviousNext  
Open Value
5.08
5.16
Closing Value
16.97
Upside

Nexstim Oyj Trading Date Momentum on November 15, 2024

On November 18 2024 Nexstim Oyj was traded for  5.12  at the closing time. The highest price during the trading period was 5.26  and the lowest recorded bid was listed for  5.04 . The volume for the day was 1.7 K. This history from November 18, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.78% . The trading delta at closing time to the current price is 1.55% .

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

Nexstim Oyj Period Price Range

Low
December 11, 2024
0.00  NaN%
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 11, 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.

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.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Commodity Directory
Find actively traded commodities issued by global exchanges
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
ETFs
Find actively traded Exchange Traded Funds (ETF) from around the world
Money Managers
Screen money managers from public funds and ETFs managed around the world
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios