Chardan Nextech Acquisition Stock Price on December 3, 2024
| DFLI Stock | USD 3.44 0.15 4.18% |
If you're considering investing in Chardan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Chardan NexTech stands at 3.44, as last reported on the 11th of December 2024, with the highest price reaching 3.64 and the lowest price hitting 3.35 during the day. Chardan NexTech Acqu secures Sharpe Ratio (or Efficiency) of -0.0476, which signifies that the company had a -0.0476% return per unit of standard deviation over the last 3 months. Chardan NexTech Acquisition exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chardan NexTech's mean deviation of 4.37, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
As of now, Chardan NexTech's Other Stockholder Equity is increasing as compared to previous years. The Chardan NexTech's current Stock Based Compensation is estimated to increase to about 7 M, while Total Stockholder Equity is projected to decrease to under 17 M. . The Chardan NexTech's current Price Earnings To Growth Ratio is estimated to increase to 0.41, while Price To Sales Ratio is projected to decrease to 3.80. Chardan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Chardan |
Sharpe Ratio = -0.0476
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Estimated Market Risk
| 6.96 actual daily | 61 61% of assets are less volatile |
Expected Return
| -0.33 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Chardan NexTech 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 Chardan NexTech by adding Chardan NexTech to a well-diversified portfolio.
Price Book 6.3352 | Enterprise Value Ebitda 48.2583 | Price Sales 0.4839 | Shares Float 29.4 M | Wall Street Target Price 15.1875 |
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Chardan NexTech Valuation on December 3, 2024
It is possible to determine the worth of Chardan NexTech on a given historical date. On December 3, 2024 Chardan was worth 3.56 at the beginning of the trading date compared to the closed value of 3.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Chardan NexTech stock. Still, in general, we apply an absolute valuation method to find Chardan NexTech'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 Chardan NexTech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Chardan NexTech's related companies.
| Open | High | Low | Close | Volume | |
| 3.95 | 3.95 | 3.52 | 3.56 | 44,935 | |
12/03/2024 | 3.56 | 3.58 | 3.00 | 3.09 | 130,112 |
| 3.11 | 3.25 | 3.08 | 3.08 | 54,957 |
| Backtest Chardan NexTech | | | Chardan NexTech History | | | Chardan NexTech Valuation | Previous | Next |
Chardan NexTech Trading Date Momentum on December 3, 2024
| On December 04 2024 Chardan NexTech Acquisition was traded for 3.08 at the closing time. The top price for the day was 3.25 and the lowest listed price was 3.08 . The trading volume for the day was 55 K. The trading history from December 4, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.32% . The overall trading delta against the current closing price is 17.80% . |
Chardan NexTech Acqu Fundamentals Correlations and Trends
By evaluating Chardan NexTech'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 Chardan NexTech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Chardan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Chardan NexTech Stock history
Chardan NexTech 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 Chardan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Chardan NexTech Acqu 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 Chardan NexTech stock prices may prove useful in developing a viable investing in Chardan NexTech
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 52.8 M | 48.2 M | |
| Net Income Applicable To Common Shares | 2.6 M | 3 M |
Chardan NexTech Stock Technical Analysis
Chardan NexTech 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
Chardan NexTech Period Price Range
Low | December 11, 2024
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0.00 | 0.00 |
Chardan NexTech Acquisition 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.
Chardan NexTech December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Chardan NexTech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chardan NexTech shares will generate the highest return on investment. By undertsting and applying Chardan NexTech stock market strength indicators, traders can identify Chardan NexTech Acquisition entry and exit signals to maximize returns
Chardan NexTech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Chardan NexTech's price direction in advance. Along with the technical and fundamental analysis of Chardan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Chardan 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 | (0.03) | |||
| Jensen Alpha | (0.55) | |||
| Total Risk Alpha | (1.42) | |||
| Treynor Ratio | (0.19) |
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Complementary Tools for Chardan Stock analysis
When running Chardan NexTech's price analysis, check to measure Chardan NexTech'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 Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.
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