Nextcom (Israel) Price on December 19, 2018
| NXTM Stock | ILS 771.00 9.00 1.15% |
If you're considering investing in Nextcom Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nextcom stands at 771.00, as last reported on the 18th of April 2024, with the highest price reaching 797.80 and the lowest price hitting 771.00 during the day. We consider Nextcom very steady. Nextcom has Sharpe Ratio of 0.027, which conveys that the firm had a 0.027% return per unit of risk over the last 3 months. We have found thirty technical indicators for Nextcom, which you can use to evaluate the volatility of the firm. Please verify Nextcom's Mean Deviation of 1.55, risk adjusted performance of 0.0465, and Downside Deviation of 1.96 to check out if the risk estimate we provide is consistent with the expected return of 0.0536%.
Nextcom Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nextcom |
Sharpe Ratio = 0.027
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| Cash | Small Risk | NXTM | High Risk | Huge Risk |
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Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nextcom is performing at about 2% 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 Nextcom by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Nextcom Stock history
Nextcom 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 Nextcom is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nextcom 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 Nextcom stock prices may prove useful in developing a viable investing in Nextcom
Nextcom Ltd. designs, plans, constructs, and maintains infrastructure and communication networks for wired and wireless in Israel and internationally. Nextcom Ltd. was founded in 1992 and is headquartered in Jezreel Valley, Israel. NEXTCOM operates under Telecom Services classification in Israel and is traded on Tel Aviv Stock Exchange.
Nextcom Stock Technical Analysis
Nextcom 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
Nextcom Period Price Range
Nextcom April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Nextcom stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nextcom shares will generate the highest return on investment. By undertsting and applying Nextcom stock market strength indicators, traders can identify Nextcom entry and exit signals to maximize returns
| Accumulation Distribution | 0.0336 | |||
| Daily Balance Of Power | (0.34) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 784.4 | |||
| Day Typical Price | 779.93 | |||
| Market Facilitation Index | 26.8 | |||
| Price Action Indicator | (17.90) | |||
| Period Momentum Indicator | (9.00) | |||
| Relative Strength Index | 32.75 |
Nextcom Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nextcom's price direction in advance. Along with the technical and fundamental analysis of Nextcom Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nextcom 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 | 0.0465 | |||
| Jensen Alpha | 0.1095 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0354 | |||
| Treynor Ratio | 0.9612 |
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| 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 Nextcom. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Nextcom Stock analysis
When running Nextcom's price analysis, check to measure Nextcom'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 Nextcom is operating at the current time. Most of Nextcom's value examination focuses on studying past and present price action to predict the probability of Nextcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextcom's price. Additionally, you may evaluate how the addition of Nextcom to your portfolios can decrease your overall portfolio volatility.
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