Connexa Sports Technologies Stock Price on December 17, 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.
IPO Date
24th of May 2019
200 Day MA
2.0717
50 Day MA
0.3625
Beta
1.782
 
Covid
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' Risk Adjusted Performance of (0.11), standard deviation of 11.85, 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.

Sharpe Ratio = -0.1694

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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.
Book Value
0.197
Enterprise Value
38.2 M
Shares Float
21.8 M
Shares Outstanding
1000 K
Market Capitalization
277.1 M

Related Headline

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Connexa Sports Valuation on December 17, 2024

It is possible to determine the worth of Connexa Sports on a given historical date. On December 17, 2024 Connexa was worth 1.1 at the beginning of the trading date compared to the closed value of 1.03. 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
  1.05    1.10    1.00    1.02    159,981  
12/17/2024
  1.10    1.10    0.97    1.03    215,373  
  1.04    1.05    0.99    1.03    107,400  
Backtest Connexa Sports  |  Connexa Sports History  |  Connexa Sports Valuation   PreviousNext  
Open Value
1.1
1.03
Closing Value
36.43
Upside

Connexa Sports Trading Date Momentum on December 17, 2024

On December 18 2024 Connexa Sports Technologies was traded for  1.03  at the closing time. The top price for the day was 1.05  and the lowest listed price was  0.99 . The trading volume for the day was 107.4 K. The trading history from December 18, 2024 did not affect price variability. The overall trading delta against the current closing price is 11.65% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding433.8 K412.1 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.
A focus of Connexa Sports technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Connexa Sports 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

Connexa Sports Period Price Range

Low
January 8, 2025
0.00  NaN%
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.

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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