Nexxen Competitors
| NEXN Stock | 6.06 0.06 0.98% |
Nexxen International vs Trivago NV Correlation
Very weak diversification
The correlation between Nexxen International and TRVG is 0.48 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nexxen International and TRVG in the same portfolio, assuming nothing else is changed.
Moving against Nexxen Stock
| 0.62 | GOOG | Alphabet Class C | PairCorr |
| 0.6 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.57 | FLNT | Fluent Inc | PairCorr |
| 0.46 | EEX | Emerald Expositions Potential Growth | PairCorr |
| 0.45 | VSME | VS Media Holdings | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nexxen International'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.
Nexxen International Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nexxen International 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 Nexxen 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 Nexxen International 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 Nexxen Stock performing well and Nexxen International 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 Nexxen International'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AREN | 3.15 | (0.59) | 0.00 | (4.18) | 0.00 | 5.26 | 21.24 | |||
| WIMI | 3.84 | (0.85) | 0.00 | (0.24) | 0.00 | 5.56 | 27.96 | |||
| UPXI | 5.68 | (2.22) | 0.00 | (0.62) | 0.00 | 11.51 | 38.70 | |||
| SSP | 3.69 | 0.65 | 0.14 | 35.86 | 3.58 | 6.78 | 53.49 | |||
| CURI | 2.87 | (0.24) | 0.00 | 2.17 | 0.00 | 4.99 | 33.31 | |||
| THRY | 2.74 | (0.90) | 0.00 | (0.44) | 0.00 | 4.32 | 14.37 | |||
| ATNI | 2.01 | 0.74 | 0.34 | 1.62 | 1.59 | 5.11 | 13.95 | |||
| RDCM | 1.42 | (0.24) | 0.00 | (0.28) | 0.00 | 3.21 | 15.19 | |||
| TSQ | 3.22 | 0.18 | 0.05 | 0.18 | 4.35 | 5.27 | 35.96 | |||
| TRVG | 1.71 | (0.18) | 0.00 | (0.11) | 0.00 | 4.66 | 11.43 |
Cross Equities Net Income Analysis
Compare Nexxen International and related stocks such as Arena Group Holdings, WiMi Hologram Cloud, and Upexi Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AREN | (3.4 M) | (262.8 K) | 568.4 K | (177.3 K) | (235.8 K) | (197.1 K) | (2.2 M) | (6.3 M) | (26.1 M) | (38.5 M) | (38.5 M) | (89.9 M) | (70.9 M) | (55.6 M) | (100.7 M) | (90.6 M) | (86.1 M) |
| UPXI | (587 K) | (587 K) | (587 K) | (587 K) | (587 K) | (587 K) | (587 K) | (587 K) | (587 K) | (5.4 M) | 3 M | (2.1 M) | (16.9 M) | (23.7 M) | (13.7 M) | (12.3 M) | (12.9 M) |
| SSP | 34.1 M | (15.5 M) | 40.2 M | (474 K) | 10.5 M | (82.5 M) | 67.2 M | (13.1 M) | 20.4 M | (18.4 M) | 269.3 M | 122.7 M | 195.9 M | (947.8 M) | 146.2 M | 131.6 M | 138.2 M |
| CURI | (36.7 M) | (36.7 M) | (36.7 M) | (36.7 M) | (36.7 M) | (36.7 M) | (36.7 M) | (36.7 M) | (36.7 M) | (42.5 M) | (48.6 M) | (37.6 M) | (50.9 M) | (48.9 M) | (12.9 M) | (14.9 M) | (15.6 M) |
| THRY | (519 M) | (519 M) | 41 M | (819 M) | (371 M) | (263.5 M) | (622.5 M) | (171.3 M) | 51.1 M | 35.5 M | 149.2 M | 101.6 M | 54.3 M | (259.3 M) | (74.2 M) | (85.3 M) | (89.6 M) |
| ATNI | (100 K) | 21.8 M | 48.9 M | 311.7 M | 48.2 M | 16.9 M | 12.5 M | 31.5 M | 19.8 M | (10.8 M) | (14.1 M) | (22.1 M) | (5.6 M) | (14.5 M) | (26.4 M) | (30.4 M) | (28.9 M) |
| TSQ | 13.9 M | 6.4 M | 6.4 M | 6.4 M | (17.4 M) | 9.8 M | 23.1 M | (11.2 M) | (32.9 M) | (67.8 M) | (82.5 M) | 16.7 M | 12.3 M | (45 M) | (12.7 M) | (11.4 M) | (12 M) |
| TRVG | (23.1 M) | (23.1 M) | (23.1 M) | (23.1 M) | (23.1 M) | (39.1 M) | (50.7 M) | (12.5 M) | (20.8 M) | 17.2 M | (245.4 M) | 10.7 M | (127.2 M) | (164.5 M) | (23.7 M) | 11.2 M | 11.8 M |
Nexxen International and related stocks such as Arena Group Holdings, WiMi Hologram Cloud, and Upexi Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Nexxen International financial statement analysis. It represents the amount of money remaining after all of Nexxen International operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Nexxen International Competitive Analysis
The better you understand Nexxen International competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nexxen International'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 Nexxen International'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 |
Nexxen International Competition Performance Charts
Five steps to successful analysis of Nexxen International Competition
Nexxen International'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 Nexxen International in relation to its competition. Nexxen International's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Nexxen International 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 Nexxen International's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nexxen International, 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 Nexxen International Correlation with its peers. To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Will Advertising sector continue expanding? Could Nexxen diversify its offerings? Factors like these will boost the valuation of Nexxen International. Anticipated expansion of Nexxen directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Nexxen International data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.65) | Earnings Share 1.1 | Revenue Per Share | Quarterly Revenue Growth 0.051 | Return On Assets |
The market value of Nexxen International is measured differently than its book value, which is the value of Nexxen that is recorded on the company's balance sheet. Investors also form their own opinion of Nexxen International's value that differs from its market value or its book value, called intrinsic value, which is Nexxen International's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Nexxen International's market value can be influenced by many factors that don't directly affect Nexxen International'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 Nexxen International's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Nexxen International should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Nexxen International's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.