Nextplay Technologies Price on February 26, 2024
| NXTPDelisted Stock | USD 0.40 0.34 566.67% |
If you're considering investing in Nextplay Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nextplay Technologies stands at 0.40, as last reported on the 5th of May, with the highest price reaching 0.60 and the lowest price hitting 0.01 during the day. Nextplay Technologies is out of control given 3 months investment horizon. Nextplay Technologies has Sharpe Ratio of 0.0963, which conveys that the firm had a 0.0963% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 9.51% are justified by taking the suggested risk. Use Nextplay Technologies Mean Deviation of 21.93, downside deviation of 18.19, and Risk Adjusted Performance of 0.0603 to evaluate company specific risk that cannot be diversified away.
Nextplay Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nextplay |
Sharpe Ratio = 0.0963
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Estimated Market Risk
| 98.72 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.04 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Nextplay Technologies is performing at about 7% 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 Nextplay Technologies by adding it to a well-diversified portfolio.
Nextplay Technologies Valuation on February 26, 2024
It is possible to determine the worth of Nextplay Technologies on a given historical date. On February 26, 2024 Nextplay was worth 1.02 at the beginning of the trading date compared to the closed value of 1.09. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nextplay Technologies pink sheet. Still, in general, we apply an absolute valuation method to find Nextplay Technologies' 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 Nextplay Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nextplay Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 1.15 | 1.18 | 1.04 | 1.12 | 28,785 | |
02/26/2024 | 1.02 | 1.10 | 1.02 | 1.09 | 19,990 |
| 1.06 | 1.25 | 1.06 | 1.22 | 57,635 |
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Nextplay Technologies Trading Date Momentum on February 26, 2024
| On February 27 2024 Nextplay Technologies was traded for 1.22 at the closing time. The top price for the day was 1.25 and the lowest listed price was 1.06 . The trading volume for the day was 57.6 K. The trading history from February 27, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 11.93% . The trading delta at closing time against the current closing price is 6.42% . |
Nextplay Technologies Fundamentals Correlations and Trends
By evaluating Nextplay Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nextplay Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nextplay financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nextplay Technologies Pink Sheet history
Nextplay Technologies 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 Nextplay is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nextplay Technologies 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 Nextplay Technologies stock prices may prove useful in developing a viable investing in Nextplay Technologies
NextPlay Technologies, Inc., a technology solutions company, provides games, in-game advertising, digital asset products and services, connected TV, and travel booking services to consumers and corporations in the United States, Puerto Rico, Europe, and Thailand. The company was incorporated in 2005 and is based in Sunrise, Florida. Nextplay Technologies operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 250 people.
Nextplay Technologies Pink Sheet Technical Analysis
Nextplay Technologies 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
Nextplay Technologies Period Price Range
Low | February 26, 2024
| High |
1.02 | 1.09 |
Nextplay Technologies May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Nextplay Technologies 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 Nextplay Technologies shares will generate the highest return on investment. By undertsting and applying Nextplay Technologies pink sheet market strength indicators, traders can identify Nextplay Technologies entry and exit signals to maximize returns
Nextplay Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nextplay Technologies' price direction in advance. Along with the technical and fundamental analysis of Nextplay Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nextplay 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 | 0.0603 | |||
| Jensen Alpha | 6.3 | |||
| Total Risk Alpha | (2.66) | |||
| Sortino Ratio | 0.3805 | |||
| Treynor Ratio | 0.7053 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. 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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Other Consideration for investing in Nextplay Pink Sheet
If you are still planning to invest in Nextplay Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nextplay Technologies' history and understand the potential risks before investing.
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