Nzx Limited Stock Price on November 22, 2023
| NZSTF Stock | USD 0.65 0.00 0.00% |
If you're considering investing in NZX Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of NZX stands at 0.65, as last reported on the 23rd of May, with the highest price reaching 0.65 and the lowest price hitting 0.65 during the day. NZX appears to be out of control, given 3 months investment horizon. NZX Limited has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for NZX, which you can use to evaluate the volatility of the firm. Please exercise NZX's Market Risk Adjusted Performance of (0.84), risk adjusted performance of 0.0897, and Mean Deviation of 0.5461 to check out if our risk estimates are consistent with your expectations.
NZX Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
NZX |
Sharpe Ratio = 0.1481
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Estimated Market Risk
| 1.69 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average NZX is performing at about 11% 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 NZX by adding it to a well-diversified portfolio.
NZX Valuation on November 22, 2023
It is possible to determine the worth of NZX on a given historical date. On November 22, 2023 NZX was worth 0.67 at the beginning of the trading date compared to the closed value of 0.67. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NZX pink sheet. Still, in general, we apply an absolute valuation method to find NZX'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 NZX where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NZX's related companies.
| Open | High | Low | Close | Volume | |
| 0.67 | 0.67 | 0.67 | 0.67 | 3,100 | |
11/22/2023 | 0.67 | 0.67 | 0.67 | 0.67 | 1.00 |
| 0.67 | 0.67 | 0.67 | 0.67 | 1.00 |
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NZX Trading Date Momentum on November 22, 2023
| On November 24 2023 NZX Limited was traded for 0.67 at the closing time. The highest daily price throughout the period was 0.67 and the lowest price was 0.67 . There was no trading activity during the period 1.0. Lack of trading volume on 11/24/2023 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
NZX Limited Fundamentals Correlations and Trends
By evaluating NZX'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 NZX's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NZX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NZX Pink Sheet history
NZX 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 NZX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NZX Limited 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 NZX stock prices may prove useful in developing a viable investing in NZX
The company operates through five segments Capital Markets Origination, Secondary Markets, Data Insights, Funds Management, and Wealth Technologies. NZX Limited was founded in 1866 and is headquartered in Wellington, New Zealand. NZX operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange. It employs 291 people.
NZX Pink Sheet Technical Analysis
NZX 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
NZX Period Price Range
Low | November 22, 2023
| High |
0.67 | 0.67 |
NZX May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how NZX 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 NZX shares will generate the highest return on investment. By undertsting and applying NZX pink sheet market strength indicators, traders can identify NZX Limited entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.67 | |||
| Day Typical Price | 0.67 | |||
| Period Momentum Indicator | (0.02) | |||
| Relative Strength Index | 76.01 |
NZX Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NZX's price direction in advance. Along with the technical and fundamental analysis of NZX Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of NZX 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 | 0.0897 | |||
| Jensen Alpha | 0.2469 | |||
| Total Risk Alpha | 0.0335 | |||
| Treynor Ratio | (0.85) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NZX Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for NZX Pink Sheet analysis
When running NZX's price analysis, check to measure NZX'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 NZX is operating at the current time. Most of NZX's value examination focuses on studying past and present price action to predict the probability of NZX's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NZX's price. Additionally, you may evaluate how the addition of NZX to your portfolios can decrease your overall portfolio volatility.
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