Nexans Sa Stock Price on December 16, 2024
NXPRF Stock | USD 112.48 0.00 0.00% |
If you're considering investing in Nexans Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nexans SA stands at 112.48, as last reported on the 22nd of December, with the highest price reaching 112.48 and the lowest price hitting 112.48 during the day. Nexans SA has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. Nexans SA exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nexans SA's Mean Deviation of 1.01, standard deviation of 2.04, and Risk Adjusted Performance of (0.12) to check out the risk estimate we provide.
Nexans Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nexans |
Sharpe Ratio = -0.1634
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Estimated Market Risk
2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
-0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.16 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nexans SA 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 Nexans SA by adding Nexans SA to a well-diversified portfolio.
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Nexans SA Valuation on December 16, 2024
It is possible to determine the worth of Nexans SA on a given historical date. On December 16, 2024 Nexans was worth 112.48 at the beginning of the trading date compared to the closed value of 112.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nexans SA pink sheet. Still, in general, we apply an absolute valuation method to find Nexans SA'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 Nexans SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nexans SA's related companies.
Open | High | Low | Close | Volume | |
112.48 | 112.48 | 112.48 | 112.48 | 1.00 | |
12/16/2024 | 112.48 | 112.48 | 112.48 | 112.48 | 1.00 |
112.48 | 112.48 | 112.48 | 112.48 | 1.00 |
Backtest Nexans SA | | | Nexans SA History | | | Nexans SA Valuation | Previous | Next |
Nexans SA Trading Date Momentum on December 16, 2024
On December 17 2024 Nexans SA was traded for 112.48 at the closing time. The highest daily price throughout the period was 112.48 and the lowest price was 112.48 . There was no trading activity during the period 1.0. Lack of trading volume on 12/17/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Nexans SA Fundamentals Correlations and Trends
By evaluating Nexans SA'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 Nexans SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nexans financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nexans SA Pink Sheet history
Nexans SA 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 Nexans is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nexans SA 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 Nexans SA stock prices may prove useful in developing a viable investing in Nexans SA
Nexans S.A. manufactures and sells cables in France and internationally. The company was incorporated in 1994 and is headquartered in Courbevoie, France. Nexans Paris operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 25000 people.
Nexans SA Pink Sheet Technical Analysis
Nexans SA technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Nexans SA Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
Nexans SA cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Nexans SA December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Nexans SA pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nexans SA shares will generate the highest return on investment. By undertsting and applying Nexans SA pink sheet market strength indicators, traders can identify Nexans SA entry and exit signals to maximize returns
Nexans SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nexans SA's price direction in advance. Along with the technical and fundamental analysis of Nexans Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nexans 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 | (0.33) | |||
Total Risk Alpha | (0.40) | |||
Treynor Ratio | 0.4982 |
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Volume Indicators |
Complementary Tools for Nexans Pink Sheet analysis
When running Nexans SA's price analysis, check to measure Nexans SA'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 Nexans SA is operating at the current time. Most of Nexans SA's value examination focuses on studying past and present price action to predict the probability of Nexans SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexans SA's price. Additionally, you may evaluate how the addition of Nexans SA to your portfolios can decrease your overall portfolio volatility.
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