NXM Price on November 5, 2024
| NXM Crypto | USD 26.07 0.04 0.15% |
If you're considering investing in NXM Crypto Coin, it is important to understand the factors that can impact its price. As of today, the current price of NXM stands at 26.07, as last reported on the 28th of November, with the highest price reaching 26.07 and the lowest price hitting 26.07 during the day. At this point, NXM is relatively risky. NXM has Sharpe Ratio of 3.0E-4, which conveys that digital coin had a 3.0E-4% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for NXM, which you can use to evaluate the volatility of coin. Please verify NXM's risk adjusted performance of (0.09), and Mean Deviation of 0.0433 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
NXM Crypto Coin price history is provided at the adjusted basis, taking into account all of the recent filings.
NXM |
Sharpe Ratio = 3.0E-4
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Based on monthly moving average NXM 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 NXM by adding NXM to a well-diversified portfolio.
NXM Valuation on November 5, 2024
It is possible to determine the worth of NXM on a given historical date. On November 5, 2024 NXM was worth 26.04 at the beginning of the trading date compared to the closed value of 26.07. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NXM crypto coin. Still, in general, we apply an absolute valuation method to find NXM'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 NXM where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NXM's related companies.
| Open | High | Low | Close | Volume | |
| 26.03 | 26.04 | 26.04 | 26.04 | 1.00 | |
11/05/2024 | 26.04 | 26.07 | 26.07 | 26.07 | 1.00 |
| 26.07 | 26.07 | 26.07 | 26.07 | 1.00 |
| Backtest NXM | | | NXM History | Previous | Next |
NXM Trading Date Momentum on November 5, 2024
| On November 06 2024 NXM was traded for 26.07 at the closing time. The maximum traded price for the trading interval was 26.07 and the lowest daily price was 26.07 . There was no trading activity during the period 1.0. Lack of trading volume on 6th of November 2024 did not cause price change. The trading delta at closing time to the closing price today is 0.12% . |
About NXM Crypto Coin history
NXM 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 NXM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NXM 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.
NXM Crypto Coin Technical Analysis
NXM technical crypto coin 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, crypto market cycles, or different charting patterns.
Price Boundaries
NXM Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
NXM cannot be verified against its exchange. Please verify the symbol is currently traded on CRYPTO Exchanges. 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.
NXM November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how NXM crypto coin reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NXM shares will generate the highest return on investment.
NXM Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NXM's price direction in advance. Along with the technical and fundamental analysis of NXM Crypto Coin historical price patterns, it is also worthwhile for investors to track various predictive indicators of NXM 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 | (0.09) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (1.29) | |||
| Treynor Ratio | 1.06 |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXM. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.