NexGen Energy Stock Forecast - Day Median Price
| 6NE Stock | EUR 8.09 0.42 5.48% |
NexGen Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NexGen Energy stock prices and determine the direction of NexGen Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NexGen Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of NexGen Energy to cross-verify your projections. For more detail on how to invest in NexGen Stock please use our How to Invest in NexGen Energy guide.NexGen |
Most investors in NexGen Energy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the NexGen Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets NexGen Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 7.85 | 7.85 |
| Check NexGen Energy Volatility | Backtest NexGen Energy | Information Ratio |
NexGen Energy Trading Date Momentum
| On May 08 2024 NexGen Energy was traded for 8.09 at the closing time. The highest daily price throughout the period was 8.09 and the lowest price was 7.61 . There was no trading activity during the period 0.0. Lack of trading volume on 05/08/2024 did not cause price change. The trading delta at closing time to current closing price is 2.60% . |
The median price is the midpoint of the trading periods range.
| Compare NexGen Energy to competition |
Other Forecasting Options for NexGen Energy
For every potential investor in NexGen, whether a beginner or expert, NexGen Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NexGen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NexGen. Basic forecasting techniques help filter out the noise by identifying NexGen Energy's price trends.NexGen Energy Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NexGen Energy stock to make a market-neutral strategy. Peer analysis of NexGen Energy could also be used in its relative valuation, which is a method of valuing NexGen Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NexGen Energy Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NexGen Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NexGen Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
NexGen Energy Market Strength Events
Market strength indicators help investors to evaluate how NexGen Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NexGen Energy shares will generate the highest return on investment. By undertsting and applying NexGen Energy stock market strength indicators, traders can identify NexGen Energy entry and exit signals to maximize returns.
NexGen Energy Risk Indicators
The analysis of NexGen Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NexGen Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nexgen stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.75 | |||
| Semi Deviation | 3.25 | |||
| Standard Deviation | 3.82 | |||
| Variance | 14.6 | |||
| Downside Variance | 12.56 | |||
| Semi Variance | 10.53 | |||
| Expected Short fall | (3.05) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NexGen Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NexGen Energy's short interest history, or implied volatility extrapolated from NexGen Energy options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Historical Fundamental Analysis of NexGen Energy to cross-verify your projections. For more detail on how to invest in NexGen Stock please use our How to Invest in NexGen Energy guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for NexGen Stock analysis
When running NexGen Energy's price analysis, check to measure NexGen Energy'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 NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.
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