Nrx Pharmaceuticals Stock Price on May 14, 2021
| NRXP Stock | USD 3.12 0.07 2.30% |
Below is the normalized historical share price chart for NRX Pharmaceuticals extending back to December 04, 2017. 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 NRX Pharmaceuticals stands at 3.12, as last reported on the 25th of April, with the highest price reaching 3.12 and the lowest price hitting 3.12 during the day.
If you're considering investing in NRX Stock, it is important to understand the factors that can impact its price. NRX Pharmaceuticals appears to be dangerous, given 3 months investment horizon. NRX Pharmaceuticals has Sharpe Ratio of 0.0249, which conveys that the firm had a 0.0249% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for NRX Pharmaceuticals, which you can use to evaluate the volatility of the firm. Please exercise NRX Pharmaceuticals' Mean Deviation of 7.04, market risk adjusted performance of (0.04), and Risk Adjusted Performance of 0.0132 to check out if our risk estimates are consistent with your expectations.
As of 04/25/2024, Other Stockholder Equity is likely to grow to about 253.4 M, though Total Stockholder Equity is likely to grow to (11.1 M). . As of 04/25/2024, Price Earnings Ratio is likely to grow to -1.1. In addition to that, Price Book Value Ratio is likely to grow to -2.82. NRX Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 4th of December 2017 | 200 Day MA 3.7871 | 50 Day MA 4.8012 | Beta 1.027 |
NRX |
Sharpe Ratio = 0.0249
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NRXP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 10.47 actual daily | 92 92% of assets are less volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average NRX Pharmaceuticals is performing at about 1% 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 NRX Pharmaceuticals by adding it to a well-diversified portfolio.
Price Book 6.9539 | Book Value (1.42) | Enterprise Value 33.4 M | Enterprise Value Ebitda (1.80) | Shares Float 6.9 M |
NRX Pharmaceuticals Valuation on May 14, 2021
It is possible to determine the worth of NRX Pharmaceuticals on a given historical date. On May 14, 2021 NRX was worth 2.15 at the beginning of the trading date compared to the closed value of 21.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NRX Pharmaceuticals stock. Still, in general, we apply an absolute valuation method to find NRX Pharmaceuticals' 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 NRX Pharmaceuticals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NRX Pharmaceuticals' related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 2.15 | 21.80 | 21.80 | 21.80 | 67,596 |
| 2.18 | 22.00 | 22.00 | 22.00 | 33,172 |
| Backtest NRX Pharmaceuticals | | | NRX Pharmaceuticals History | | | NRX Pharmaceuticals Valuation | Next |
NRX Pharmaceuticals Trading Date Momentum on May 14, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.NRX Pharmaceuticals Fundamentals Correlations and Trends
By evaluating NRX Pharmaceuticals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NRX Pharmaceuticals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NRX financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NRX Pharmaceuticals Stock history
NRX Pharmaceuticals 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 NRX is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NRX Pharmaceuticals 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 NRX Pharmaceuticals stock prices may prove useful in developing a viable investing in NRX Pharmaceuticals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 7.6 M | 7.2 M | |
| Net Loss | -35.8 M | -37.6 M |
NRX Pharmaceuticals Stock Technical Analysis
NRX Pharmaceuticals 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.
Price Boundaries
NRX Pharmaceuticals Period Price Range
Low | April 11, 2022
| High |
2.15 | 21.80 |
NRX Pharmaceuticals April 25, 2024 Market Strength
Market strength indicators help investors to evaluate how NRX Pharmaceuticals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NRX Pharmaceuticals shares will generate the highest return on investment. By undertsting and applying NRX Pharmaceuticals stock market strength indicators, traders can identify NRX Pharmaceuticals entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 10.14 | |||
| Day Median Price | 21.8 | |||
| Day Typical Price | 21.8 | |||
| Price Action Indicator | 9.83 | |||
| Period Momentum Indicator | (18.68) | |||
| Relative Strength Index | 53.61 |
NRX Pharmaceuticals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NRX Pharmaceuticals' price direction in advance. Along with the technical and fundamental analysis of NRX Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NRX 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 | 0.0132 | |||
| Jensen Alpha | 0.1412 | |||
| Total Risk Alpha | (1.36) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.05) |
| 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 NRX Pharmaceuticals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. To learn how to invest in NRX Stock, please use our How to Invest in NRX Pharmaceuticals guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for NRX Stock analysis
When running NRX Pharmaceuticals' price analysis, check to measure NRX Pharmaceuticals' 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 NRX Pharmaceuticals is operating at the current time. Most of NRX Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of NRX Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NRX Pharmaceuticals' price. Additionally, you may evaluate how the addition of NRX Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
Is NRX Pharmaceuticals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NRX Pharmaceuticals. If investors know NRX will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NRX Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.00) | Return On Assets (1.04) | Return On Equity (6.83) |
The market value of NRX Pharmaceuticals is measured differently than its book value, which is the value of NRX that is recorded on the company's balance sheet. Investors also form their own opinion of NRX Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is NRX Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NRX Pharmaceuticals' market value can be influenced by many factors that don't directly affect NRX Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NRX Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if NRX Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NRX Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.