Connexa Sports Technologies Stock Price on November 8, 2024
| YYAI Stock | 1.31 0.04 2.96% |
Below is the normalized historical share price chart for Connexa Sports Technologies extending back to May 24, 2019. 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 Connexa Sports stands at 1.31, as last reported on the 8th of January, with the highest price reaching 1.44 and the lowest price hitting 1.26 during the day.
If you're considering investing in Connexa Stock, it is important to understand the factors that can impact its price. Connexa Sports Techn secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. Connexa Sports Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Connexa Sports' Standard Deviation of 11.85, risk adjusted performance of (0.11), and Mean Deviation of 7.45 to double-check the risk estimate we provide.
As of now, Connexa Sports' Total Stockholder Equity is increasing as compared to previous years. The Connexa Sports' current Other Stockholder Equity is estimated to increase to about 213.5 M, while Liabilities And Stockholders Equity is projected to decrease to under 13.5 M. . The current Price To Sales Ratio is estimated to decrease to 0.94. The Connexa Sports' current Price Earnings Ratio is estimated to increase to -0.5. Connexa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 24th of May 2019 | 200 Day MA 2.0717 | 50 Day MA 0.3625 | Beta 1.782 |
Connexa |
Sharpe Ratio = -0.1694
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| Negative Returns | YYAI |
Estimated Market Risk
| 11.78 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.99 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Connexa Sports 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 Connexa Sports by adding Connexa Sports to a well-diversified portfolio.
Connexa Sports Valuation on November 8, 2024
It is possible to determine the worth of Connexa Sports on a given historical date. On November 8, 2024 Connexa was worth 5.03 at the beginning of the trading date compared to the closed value of 4.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Connexa Sports stock. Still, in general, we apply an absolute valuation method to find Connexa Sports' 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 Connexa Sports where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Connexa Sports' related companies.
| Open | High | Low | Close | Volume | |
| 5.07 | 5.18 | 4.50 | 4.95 | 68,748 | |
11/08/2024 | 5.03 | 5.13 | 4.72 | 4.95 | 51,892 |
| 4.99 | 4.99 | 4.03 | 4.83 | 66,043 |
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Connexa Sports Trading Date Momentum on November 8, 2024
| On November 11 2024 Connexa Sports Technologies was traded for 4.83 at the closing time. The top price for the day was 4.99 and the lowest listed price was 4.03 . The trading volume for the day was 66 K. The trading history from November 11, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 2.42% . The overall trading delta against the current closing price is 3.03% . |
Connexa Sports Techn Fundamentals Correlations and Trends
By evaluating Connexa Sports' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Connexa Sports' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Connexa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Connexa Sports Stock history
Connexa Sports 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 Connexa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Connexa Sports Techn 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 Connexa Sports stock prices may prove useful in developing a viable investing in Connexa Sports
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 433.8 K | 412.1 K | |
| Net Loss | -64 M | -60.8 M |
Connexa Sports Stock Technical Analysis
Connexa Sports 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
Connexa Sports Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Connexa Sports Technologies 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.
Connexa Sports January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Connexa Sports stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Connexa Sports shares will generate the highest return on investment. By undertsting and applying Connexa Sports stock market strength indicators, traders can identify Connexa Sports Technologies entry and exit signals to maximize returns
Connexa Sports Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Connexa Sports' price direction in advance. Along with the technical and fundamental analysis of Connexa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Connexa 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 | (0.11) | |||
| Jensen Alpha | (1.80) | |||
| Total Risk Alpha | (2.06) | |||
| Treynor Ratio | 29.55 |
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Complementary Tools for Connexa Stock analysis
When running Connexa Sports' price analysis, check to measure Connexa Sports' 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 Connexa Sports is operating at the current time. Most of Connexa Sports' value examination focuses on studying past and present price action to predict the probability of Connexa Sports' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Connexa Sports' price. Additionally, you may evaluate how the addition of Connexa Sports to your portfolios can decrease your overall portfolio volatility.
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