Nexttrip Stock Price on December 2, 2024

NTRP Stock  USD 4.05  0.13  3.11%   
Below is the normalized historical share price chart for NextTrip extending back to August 30, 2002. 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 NextTrip stands at 4.05, as last reported on the 10th of December, with the highest price reaching 4.05 and the lowest price hitting 4.05 during the day.
IPO Date
2nd of October 2013
200 Day MA
3.0508
50 Day MA
2.9167
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in NextTrip Stock, it is important to understand the factors that can impact its price. NextTrip is dangerous given 3 months investment horizon. NextTrip has Sharpe Ratio of 0.0967, which conveys that the firm had a 0.0967% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use NextTrip Downside Deviation of 6.61, mean deviation of 6.54, and Risk Adjusted Performance of 0.077 to evaluate company specific risk that cannot be diversified away.
  
At this time, NextTrip's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 12/10/2024, Other Stockholder Equity is likely to grow to about 64.5 M, while Capital Stock is likely to drop 1,340. . At this time, NextTrip's Price To Sales Ratio is relatively stable compared to the past year. As of 12/10/2024, Price Sales Ratio is likely to grow to 12.33, while Price Earnings Ratio is likely to drop (0.46). NextTrip Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0967

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Estimated Market Risk

 10.53
  actual daily
93
93% of assets are less volatile

Expected Return

 1.02
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average NextTrip is performing at about 7% 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 NextTrip by adding it to a well-diversified portfolio.
Price Book
1.2166
Enterprise Value Ebitda
(0.57)
Price Sales
8.294
Shares Float
1.1 M
Wall Street Target Price
2.5

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NextTrip Valuation on December 2, 2024

It is possible to determine the worth of NextTrip on a given historical date. On December 2, 2024 NextTrip was worth 4.05 at the beginning of the trading date compared to the closed value of 3.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NextTrip stock. Still, in general, we apply an absolute valuation method to find NextTrip'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 NextTrip where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NextTrip's related companies.
 Open High Low Close Volume
  3.84    4.47    3.56    3.82    230,031  
12/02/2024
  4.05    4.09    3.30    3.54    58,206  
  3.45    3.46    2.99    3.31    17,824  
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Open Value
4.05
3.54
Closing Value
35.65
Upside

NextTrip Trading Date Momentum on December 2, 2024

On December 03 2024 NextTrip was traded for  3.31  at the closing time. The top price for the day was 3.46  and the lowest listed price was  2.99 . The trading volume for the day was 17.8 K. The trading history from December 3, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 6.50% . The trading delta at closing time against the current closing price is 18.08% .

NextTrip Fundamentals Correlations and Trends

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

About NextTrip Stock history

NextTrip 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 NextTrip is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NextTrip 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 NextTrip stock prices may prove useful in developing a viable investing in NextTrip
Last ReportedProjected for Next Year
Common Stock Shares Outstanding936.4 K889.6 K

NextTrip Stock Technical Analysis

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

NextTrip Period Price Range

Low
December 10, 2024
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High

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NextTrip December 10, 2024 Market Strength

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

NextTrip Technical and Predictive Indicators

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

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