NexGen Competitors
| NXE Stock | USD 11.54 0.41 3.43% |
NexGen Energy vs NOV Correlation
Almost no diversification
The correlation between NexGen Energy and NOV is 0.94 (i.e., Almost no diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding NexGen Energy and NOV in the same portfolio, assuming nothing else is changed.
Moving together with NexGen Stock
Moving against NexGen Stock
As of February 12, 2026, Return On Tangible Assets is expected to decline to -0.04. In addition to that, Return On Capital Employed is expected to decline to -0.06. At present, NexGen Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 595.5 M, whereas Tangible Asset Value is forecasted to decline to about 149.1 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NexGen Energy'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.
NexGen Energy Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between NexGen Energy 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 NexGen 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 NexGen Energy 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 NexGen Stock performing well and NexGen Energy 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 NexGen Energy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| UUUU | 4.99 | 0.70 | 0.11 | 0.76 | 5.34 | 10.73 | 29.43 | |||
| LEU | 4.59 | (0.42) | 0.00 | (0.13) | 0.00 | 9.83 | 25.34 | |||
| UEC | 4.21 | 0.32 | 0.09 | 0.24 | 4.40 | 9.52 | 21.84 | |||
| CHRD | 1.75 | 0.31 | 0.12 | 1.06 | 1.92 | 3.83 | 10.10 | |||
| VIST | 1.97 | 0.19 | 0.05 | 0.42 | 2.68 | 4.21 | 13.64 | |||
| SOBO | 1.17 | 0.25 | 0.10 | (1.34) | 1.20 | 2.27 | 8.35 | |||
| WFRD | 2.02 | 0.50 | 0.24 | 0.61 | 1.75 | 4.77 | 13.20 | |||
| FRO | 1.81 | 0.39 | 0.13 | 11.65 | 2.04 | 3.77 | 13.55 | |||
| CNX | 1.62 | 0.22 | 0.08 | 0.92 | 1.80 | 3.44 | 8.32 | |||
| NOV | 1.83 | 0.25 | 0.12 | 0.27 | 2.06 | 4.85 | 12.40 |
Cross Equities Net Income Analysis
Compare NexGen Energy and related stocks such as Energy Fuels, Centrus Energy Corp, and Uranium Energy Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UUUU | (1.3 M) | (3.6 M) | 1.5 M | (69.9 M) | (86.6 M) | (82.2 M) | (39.4 M) | (27.8 M) | (25.2 M) | (38 M) | (27.8 M) | 1.5 M | (59.8 M) | 99.9 M | (47.8 M) | (43 M) | (40.8 M) |
| LEU | 68.4 M | (540.7 M) | (1.2 B) | (158.9 M) | 297.8 M | (187.4 M) | (67 M) | 12.2 M | (104.1 M) | (16.5 M) | 54.4 M | 175 M | 52.2 M | 84.4 M | 73.2 M | 77.8 M | 81.7 M |
| UEC | (128.2 K) | (25.1 M) | (21.9 M) | (26 M) | (23.4 M) | (17.3 M) | (18 M) | (17.8 M) | (17.2 M) | (14.6 M) | (14.8 M) | 5.3 M | 5.3 M | (29.2 M) | (87.7 M) | (78.9 M) | (74.9 M) |
| CHRD | 6 M | 79.4 M | 153.4 M | 228 M | 506.9 M | (40.2 M) | (500.1 M) | 123.8 M | (35.3 M) | (128.2 M) | (3.7 B) | 319.6 M | 1.9 B | 1 B | 848.6 M | 975.9 M | 1 B |
| VIST | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | (29.9 M) | (32.7 M) | (102.7 M) | 50.6 M | 269.5 M | 397 M | 477.5 M | 549.1 M | 576.6 M |
| SOBO | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 442 M | 316 M | 284.4 M | 303.2 M |
| WFRD | (4.1 M) | 189 M | (778 M) | (345 M) | (584 M) | (2 B) | (3.4 B) | (2.8 B) | (2.8 B) | 3.7 B | (1.9 B) | (450 M) | 26 M | 417 M | 506 M | 431 M | 452.6 M |
| FRO | 4.2 M | (529.6 M) | (82.8 M) | (188.5 M) | 149.5 M | 154.6 M | 117 M | (264.9 M) | (8.9 M) | 140 M | 412.9 M | (15 M) | 475.5 M | 656.4 M | 495.6 M | 569.9 M | 598.4 M |
| CNX | 183.8 M | 632.5 M | 318.4 M | 660.4 M | 163.1 M | (374.9 M) | (848.1 M) | 380.7 M | 796.5 M | (80.7 M) | (483.8 M) | (498.6 M) | (142.1 M) | 1.7 B | (90.5 M) | 633.2 M | 664.8 M |
| NOV | 200 K | 2 B | 2.5 B | 2.3 B | 2.5 B | (769 M) | (2.4 B) | (237 M) | (31 M) | (6.1 B) | (2.5 B) | (250 M) | 155 M | 993 M | 635 M | 145 M | 181.7 M |
NexGen Energy and related stocks such as Energy Fuels, Centrus Energy Corp, and Uranium Energy Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in NexGen Energy financial statement analysis. It represents the amount of money remaining after all of NexGen Energy operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.NexGen Energy Competitive Analysis
The better you understand NexGen Energy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, NexGen Energy'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 NexGen Energy'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 |
NexGen Energy Competition Performance Charts
Five steps to successful analysis of NexGen Energy Competition
NexGen Energy'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 NexGen Energy in relation to its competition. NexGen Energy's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of NexGen Energy 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 NexGen Energy's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to NexGen Energy, 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 NexGen Energy Correlation with its peers. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Will Oil, Gas & Consumable Fuels sector continue expanding? Could NexGen diversify its offerings? Factors like these will boost the valuation of NexGen Energy. Anticipated expansion of NexGen directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every NexGen Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of NexGen Energy is measured differently than its book value, which is the value of NexGen that is recorded on the company's balance sheet. Investors also form their own opinion of NexGen Energy's value that differs from its market value or its book value, called intrinsic value, which is NexGen Energy's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because NexGen Energy's market value can be influenced by many factors that don't directly affect NexGen Energy'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 NexGen Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding NexGen Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, NexGen Energy's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.