Nano X Imaging Stock Price on December 28, 2023

NNOX Stock  USD 6.76  0.19  2.89%   
Below is the normalized historical share price chart for Nano X Imaging extending back to August 21, 2020. 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 Nano X stands at 6.76, as last reported on the 22nd of December, with the highest price reaching 6.92 and the lowest price hitting 6.49 during the day.
IPO Date
21st of August 2020
200 Day MA
7.6582
50 Day MA
6.3488
Beta
2.002
 
Covid
If you're considering investing in Nano Stock, it is important to understand the factors that can impact its price. Nano X appears to be slightly risky, given 3 months investment horizon. Nano X Imaging has Sharpe Ratio of 0.0584, which conveys that the firm had a 0.0584% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Nano X, which you can use to evaluate the volatility of the firm. Please exercise Nano X's Risk Adjusted Performance of 0.0431, mean deviation of 3.6, and Downside Deviation of 4.39 to check out if our risk estimates are consistent with your expectations.
  
Issuance Of Capital Stock is likely to rise to about 37.7 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 170.1 M in 2024. . At this time, Nano X's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.13 in 2024, whereas Price To Sales Ratio is likely to drop 34.44 in 2024. Nano Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0584

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Estimated Market Risk

 5.66
  actual daily
50
50% of assets are less volatile

Expected Return

 0.33
  actual daily
6
94% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Nano X is performing at about 4% of its full potential. 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 Nano X by adding it to a well-diversified portfolio.
Price Book
2.4139
Enterprise Value Ebitda
(7.41)
Price Sales
39.0608
Shares Float
55.4 M
Wall Street Target Price
12.3333

Nano X Valuation on December 28, 2023

It is possible to determine the worth of Nano X on a given historical date. On December 28, 2023 Nano was worth 6.54 at the beginning of the trading date compared to the closed value of 6.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nano X stock. Still, in general, we apply an absolute valuation method to find Nano X'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 Nano X where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nano X's related companies.
 Open High Low Close Volume
  6.66    6.80    6.46    6.55    728,500  
12/28/2023
  6.54    6.70    6.48    6.63    698,700  
  6.58    6.60    6.34    6.37    782,700  
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Open Value
6.54
6.63
Closing Value
23.51
Upside

Nano X Trading Date Momentum on December 28, 2023

On December 29 2023 Nano X Imaging was traded for  6.37  at the closing time. The top price for the day was 6.60  and the lowest listed price was  6.34 . The trading volume for the day was 782.7 K. The trading history from December 29, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.92% . The trading delta at closing time against the current closing price is 7.69% .

Nano X Imaging Fundamentals Correlations and Trends

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

About Nano X Stock history

Nano X 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 Nano is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nano X Imaging 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 Nano X stock prices may prove useful in developing a viable investing in Nano X
Last ReportedProjected for Next Year
Common Stock Shares Outstanding56.4 M49.9 M
Net Loss-101.9 M-96.8 M

Nano X Quarterly Net Working Capital

56.13 Million

Nano X Stock Technical Analysis

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

Nano X Period Price Range

Low
December 22, 2024
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High

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Nano X Imaging 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.

Nano X December 22, 2024 Market Strength

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

Nano X Technical and Predictive Indicators

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

Additional Tools for Nano Stock Analysis

When running Nano X's price analysis, check to measure Nano X'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 Nano X is operating at the current time. Most of Nano X's value examination focuses on studying past and present price action to predict the probability of Nano X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano X's price. Additionally, you may evaluate how the addition of Nano X to your portfolios can decrease your overall portfolio volatility.