Next Capital (Thailand) Price on June 29, 2023
NCAP Stock | THB 1.48 0.01 0.68% |
If you're considering investing in Next Stock, it is important to understand the factors that can impact its price. As of today, the current price of Next Capital stands at 1.48, as last reported on the 29th of December, with the highest price reaching 1.51 and the lowest price hitting 1.46 during the day. Next Capital Public has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14% return per unit of risk over the last 3 months. Next Capital exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Next Capital's Standard Deviation of 3.5, mean deviation of 2.65, and Risk Adjusted Performance of (0.12) to check out the risk estimate we provide.
Next Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Next |
Sharpe Ratio = -0.1447
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Estimated Market Risk
3.48 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.5 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Next Capital 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 Next Capital by adding Next Capital to a well-diversified portfolio.
Next Capital Valuation on June 29, 2023
It is possible to determine the worth of Next Capital on a given historical date. On June 29, 2023 Next was worth 3.96 at the beginning of the trading date compared to the closed value of 4.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Next Capital stock. Still, in general, we apply an absolute valuation method to find Next Capital'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 Next Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Next Capital's related companies.
Open | High | Low | Close | Volume | |
4.10 | 4.12 | 3.90 | 3.96 | 12,083,860 | |
06/29/2023 | 3.96 | 4.16 | 3.94 | 4.12 | 10,485,140 |
4.14 | 4.30 | 4.14 | 4.20 | 14,753,660 |
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Next Capital Trading Date Momentum on June 29, 2023
On June 30 2023 Next Capital Public was traded for 4.20 at the closing time. The highest price during the trading period was 4.30 and the lowest recorded bid was listed for 4.14 . The volume for the day was 14.8 M. This history from June 30, 2023 contributed to the next trading day price upswing. The trading delta at closing time to the next closing price was 1.94% . The trading delta at closing time to the current price is 4.37% . |
Next Capital Public Fundamentals Correlations and Trends
By evaluating Next Capital'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 Next Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Next financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Next Capital Stock history
Next Capital 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 Next is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Next Capital Public 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 Next Capital stock prices may prove useful in developing a viable investing in Next Capital
Next Capital Public Company Limited provides motorcycle hire purchase loans primarily to small customers in Thailand. Next Capital Public Company Limited was founded in 2004 and is headquartered in Bangkok, Thailand. NEXT CAPITAL operates under Credit Services classification in Thailand and is traded on Stock Exchange of Thailand.
Next Capital Stock Technical Analysis
Next Capital 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
Next Capital Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
Next Capital Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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.
Next Capital December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Next Capital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Next Capital shares will generate the highest return on investment. By undertsting and applying Next Capital stock market strength indicators, traders can identify Next Capital Public entry and exit signals to maximize returns
Next Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Next Capital's price direction in advance. Along with the technical and fundamental analysis of Next Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Next 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 | (0.12) | |||
Jensen Alpha | (0.59) | |||
Total Risk Alpha | (0.67) | |||
Treynor Ratio | (0.82) |
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Other Information on Investing in Next Stock
Next Capital financial ratios help investors to determine whether Next Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Next with respect to the benefits of owning Next Capital security.