NexMetals Competitors
| NEXM Stock | 3.86 0.11 2.77% |
NexMetals Mining vs Namib Minerals Correlation
Very weak diversification
The correlation between NexMetals Mining Corp and NAMM is 0.42 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NexMetals Mining Corp and NAMM in the same portfolio, assuming nothing else is changed.
Moving together with NexMetals Stock
As of the 5th of February 2026, Return On Equity is likely to grow to 11.63, while Return On Tangible Assets are likely to drop (2.05). At this time, NexMetals Mining's Non Currrent Assets Other are very stable compared to the past year. As of the 5th of February 2026, Total Current Assets is likely to grow to about 8.8 M, while Total Assets are likely to drop about 27.6 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NexMetals Mining's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NexMetals Mining Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NexMetals Mining and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of NexMetals and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of NexMetals Mining Corp does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between NexMetals Stock performing well and NexMetals Mining Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze NexMetals Mining's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ATLX | 4.41 | 0.09 | 0.01 | 1.38 | 5.51 | 6.80 | 27.79 | |||
| GRO | 3.61 | 0.01 | 0.01 | 0.06 | 4.35 | 6.53 | 22.72 | |||
| ORGN | 4.40 | (1.67) | 0.00 | (0.67) | 0.00 | 6.82 | 22.98 | |||
| ALTO | 4.25 | 1.67 | 0.41 | 4.56 | 3.29 | 13.41 | 32.45 | |||
| GORO | 5.62 | 1.43 | 0.21 | (20.24) | 5.26 | 15.83 | 45.64 | |||
| FEAM | 4.74 | (1.06) | 0.00 | (1.17) | 0.00 | 8.39 | 42.14 | |||
| FURY | 3.96 | 0.45 | 0.09 | 0.49 | 4.40 | 9.72 | 35.30 | |||
| LGO | 3.76 | 0.14 | 0.05 | 0.11 | 4.13 | 9.17 | 20.11 | |||
| PZG | 3.78 | 1.15 | 0.27 | (0.88) | 2.78 | 12.12 | 19.02 | |||
| NAMM | 10.09 | 2.59 | 0.28 | (1.39) | 7.66 | 31.29 | 165.48 |
Cross Equities Net Income Analysis
Compare NexMetals Mining Corp and related stocks such as Atlas Lithium, Brazil Potash Corp, and Origin Materials Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ATLX | (174.5 K) | (174.5 K) | (174.5 K) | (2.2 M) | (3.4 M) | (1.9 M) | (1.6 M) | (1.7 M) | (1.7 M) | (1.9 M) | (1.1 M) | (2.8 M) | (4.9 M) | (40.8 M) | (42.2 M) | (38 M) | (36.1 M) |
| GRO | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (25.8 M) | (16.3 M) | (5.1 M) | (5.1 M) | (32.6 M) | (13.2 M) | (46.4 M) | (41.8 M) | (39.7 M) |
| ORGN | 7 M | (10.5 M) | (1.4 M) | (2.1 M) | 1.6 M | 1.7 M | (747.6 K) | (479.4 K) | (479.4 K) | (479.4 K) | (30.3 M) | 42.1 M | 78.6 M | 23.8 M | (83.7 M) | (96.3 M) | (91.4 M) |
| ALTO | (2 M) | 3.1 M | (19.1 M) | (781 K) | 21.3 M | (18.8 M) | 1.4 M | (35 M) | (60.3 M) | (88.9 M) | (15.1 M) | 46.1 M | (41.6 M) | (28 M) | (59 M) | (53.1 M) | (50.4 M) |
| GORO | (853.6 K) | 60.1 M | 33.7 M | 85 K | 16.2 M | 3.1 M | 4.4 M | 4.2 M | 9.3 M | 5.5 M | (6.3 M) | 8 M | (6.3 M) | (24.1 M) | (56.5 M) | (50.9 M) | (48.3 M) |
| FEAM | (640 K) | (640 K) | (640 K) | (640 K) | (640 K) | (640 K) | (640 K) | (2.2 M) | (2.2 M) | (3.6 M) | (19.3 M) | (66.7 M) | (30.6 M) | (62 M) | (31.6 M) | (28.4 M) | (29.8 M) |
| FURY | 25.0 | (888 K) | (420 K) | (2.1 M) | (1.9 M) | (2.9 M) | (4.3 M) | (36.5 M) | (17.7 M) | (13.9 M) | (11.2 M) | (13.3 M) | 18.4 M | (13 M) | (75.1 M) | (67.6 M) | (64.2 M) |
| LGO | (86.1 K) | (3.8 M) | (25.3 M) | (10.9 M) | (45.1 M) | (93.7 M) | (41.4 M) | (8.3 M) | 232 M | (35 M) | 6.8 M | 22.6 M | (1.5 M) | (30.3 M) | (49.8 M) | (57.3 M) | (54.4 M) |
| PZG | (4.9 M) | (4.9 M) | (8.5 M) | (5 M) | (5.2 M) | (5.3 M) | (4.3 M) | (6.1 M) | (6 M) | (6.4 M) | (5.9 M) | (7.8 M) | (6.5 M) | (8.1 M) | (9.1 M) | (8.1 M) | (8.6 M) |
| NAMM | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.5 M | 2.9 M | 3.6 M | 3.6 M | 4.1 M | 3.5 M |
NexMetals Mining Corp and related stocks such as Atlas Lithium, Brazil Potash Corp, and Origin Materials Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in NexMetals Mining Corp financial statement analysis. It represents the amount of money remaining after all of NexMetals Mining Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.NexMetals Mining Competitive Analysis
The better you understand NexMetals Mining competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NexMetals Mining's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across NexMetals Mining's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
NexMetals Mining Competition Performance Charts
Five steps to successful analysis of NexMetals Mining Competition
NexMetals Mining's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by NexMetals Mining Corp in relation to its competition. NexMetals Mining's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of NexMetals Mining in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact NexMetals Mining's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NexMetals Mining Corp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out NexMetals Mining Correlation with its peers. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Will Other Industrial Metals & Mining sector continue expanding? Could NexMetals diversify its offerings? Factors like these will boost the valuation of NexMetals Mining. Anticipated expansion of NexMetals directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every NexMetals Mining data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of NexMetals Mining Corp is measured differently than its book value, which is the value of NexMetals that is recorded on the company's balance sheet. Investors also form their own opinion of NexMetals Mining's value that differs from its market value or its book value, called intrinsic value, which is NexMetals Mining's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because NexMetals Mining's market value can be influenced by many factors that don't directly affect NexMetals Mining's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between NexMetals Mining's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NexMetals Mining should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, NexMetals Mining's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.