Nex Point (Thailand) Price on December 13, 2024

NEX Stock  THB 0.73  0.02  2.82%   
If you're considering investing in Nex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nex Point stands at 0.73, as last reported on the 14th of December 2024, with the highest price reaching 0.79 and the lowest price hitting 0.71 during the day. Nex Point Public has Sharpe Ratio of -0.0519, which conveys that the firm had a -0.0519% return per unit of risk over the last 3 months. Nex Point exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nex Point's Risk Adjusted Performance of (0.01), standard deviation of 6.02, and Mean Deviation of 3.6 to check out the risk estimate we provide.
  
Nex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0519

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Estimated Market Risk

 6.1
  actual daily
54
54% of assets are less volatile

Expected Return

 -0.32
  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 Nex Point 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 Nex Point by adding Nex Point to a well-diversified portfolio.

Nex Point Valuation on December 13, 2024

It is possible to determine the worth of Nex Point on a given historical date. On December 13, 2024 Nex was worth 0.72 at the beginning of the trading date compared to the closed value of 0.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nex Point stock. Still, in general, we apply an absolute valuation method to find Nex Point'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 Nex Point where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nex Point's related companies.
 Open High Low Close Volume
  0.72    0.74    0.70    0.73    19,508,685  
12/13/2024
  0.72    0.79    0.71    0.73    36,472,310  
Backtest Nex Point  |  Nex Point History  |  Nex Point Valuation   Previous
Open Value
0.72
0.73
Closing Value
19.02
Upside

Nex Point Trading Date Momentum on December 13, 2024

On December 13 2024 Nex Point Public was traded for  0.73  at the closing time. The maximum traded price for the trading interval was 0.79  and the lowest daily price was  0.71 . The daily volume was recorded at 36.5 M. The volume of trading on 13th of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 1.37% .

Nex Point Public Fundamentals Correlations and Trends

By evaluating Nex Point'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 Nex Point's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nex Point Stock history

Nex Point 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 Nex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nex Point 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 Nex Point stock prices may prove useful in developing a viable investing in Nex Point
Nex Point Public Company Limited designs, manufactures, and sells electronic products in Thailand. Nex Point Public Company Limited was founded in 1997 and is headquartered in Samut Prakan, Thailand. NEX POINT operates under Electronic Components classification in Thailand and is traded on Stock Exchange of Thailand.

Nex Point Stock Technical Analysis

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

Nex Point Period Price Range

Low
December 14, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nex Point 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.

Nex Point December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Nex Point stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nex Point shares will generate the highest return on investment. By undertsting and applying Nex Point stock market strength indicators, traders can identify Nex Point Public entry and exit signals to maximize returns

Nex Point Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nex Point's price direction in advance. Along with the technical and fundamental analysis of Nex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nex 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.

Other Information on Investing in Nex Stock

Nex Point financial ratios help investors to determine whether Nex 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 Nex with respect to the benefits of owning Nex Point security.