Nexus Competitors

Delisted . USA . 
Stock . Nexus Gold Corp
NXSGDDelisted Stock   0.01  0.00  0.00%   
Nexus Gold Corp competes with Acumen Pharmaceuticals, Valneva SE, Mink Therapeutics, FitLife Brands,, and SkyWest; as well as few others. Analyzing Nexus Gold competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Nexus Gold to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Nexus Gold competition on your existing holdings.
  
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Nexus Gold. Your research has to be compared to or analyzed against Nexus Gold's peers to derive any actionable benefits. When done correctly, Nexus Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Nexus Gold Corp.

Nexus Gold Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nexus Gold and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Nexus 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 Nexus Gold Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
REGN
+ 0.88
VALN
INKT
+ 0.65
VALN
FTLF
+ 0.56
INKT
REGN
+ 0.54
INKT
APGE
+ 0.37
ABOS
REGN
+ 0.37
FTLF
  
High negative correlations   
REGN
- 0.96
SKYW
SKYW
- 0.87
VALN
SKYW
- 0.5
INKT
SKYW
- 0.3
FTLF
REGN
- 0.17
ABOS
FTLF
- 0.15
ABOS

Risk-Adjusted Indicators

There is a big difference between Nexus Pink Sheet performing well and Nexus Gold 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 Nexus Gold'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.
All Fundamental Data

Nexus Gold Competitive Analysis

The better you understand Nexus Gold competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nexus Gold'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 Nexus Gold'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
NXSGD ABOS VALN INKT FTLF SKYW REGN APGE
 0.00 
 0.01 
Nexus
 2.73 
 2.26 
Acumen
 1.00 
 3.96 
Valneva
 0.64 
 0.72 
Mink
 1.44 
 33.61 
FitLife
 1.00 
 113.96 
SkyWest
 0.24 
 754.87 
Regeneron
 1.68 
 44.70 
Apogee
Market Volatility
(90 Days Market Risk)
Very steady
Very risky
Moderately volatile
Relatively risky
Not too volatile
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Very Weak
Weak
Strong
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Unknown
Average
High
Very High
Very Low
Low
Very Small
Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Strong Buy
Strong Buy
Strong Buy
Buy
Buy
Strong Buy
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Strong Sell
Strong Sell
Strong Sell
Hold
Strong Buy
Cautious Hold
Strong Sell
Current Ratio
37.21 X
1.15 X
1.74 X
5.37 X
1.01 X
5.36 X
N/A
Net Asset
310.12 M
460.06 M
4.55 M
55.35 M
7.03 B
33.08 B
401.4 M
Profit Margin
N/A
(0.05) %
N/A
0.13 %
0.07 %
0.34 %
N/A
EBITDA
(51.61 M)
(64.52 M)
(22.25 M)
8.12 M
489.5 M
4.05 B
(83.98 M)
Current Valuation
(39.7 M)
388.42 M
26.92 M
166.83 M
6.55 B
75.66 B
1.99 B
Price To Book
0.61 X
1.43 X
10.05 X
4.59 X
1.99 X
2.82 X
3.41 X
Operating Margin
N/A
(0.27) %
N/A
0.22 %
0.14 %
0.33 %
N/A
Retained Earnings
(222.8 M)
(561.2 M)
(133.4 M)
(3.42 M)
2.27 B
27.26 B
(123.77 M)
Current Asset
N/A
N/A
N/A
9.54 M
1.02 B
2.92 B
N/A
Five Year Return
N/A
N/A
N/A
N/A
0.77 %
N/A
N/A
Beta
0.039
1.02
0.048
1.01
1.94
0.14
N/A
Number Of Employees
51
676
31
37
11.47 K
14.16 K
91
Shares Outstanding
60.08 M
81.18 M
39.55 M
4.6 M
40.33 M
108.07 M
43.42 M
Cash Flow From Operations
(43.06 M)
(202.74 M)
(15.76 M)
4.22 M
736.33 M
4.59 B
(74.76 M)
Total Debt
28.49 M
208.82 M
22.61 M
20.15 M
3.09 B
2.7 B
2.03 M
Return On Equity
-0.33
-0.0396
-12.39
0.29
0.11
0.17
-0.26
Return On Asset
-0.21
-0.11
-0.97
0.14
0.0339
0.0741
-0.19
Number Of Shares Shorted
1.45 M
48.21 K
51.73 K
7.47 K
1.14 M
1.85 M
6.81 M
Book Value Per Share
3.62 X
1.55 X
(0.52) X
6.93 X
57.30 X
272.04 X
12.55 X
Current Liabilities
N/A
N/A
N/A
6.53 M
748.03 M
811.16 M
N/A
Total Asset
310.12 M
460.06 M
4.55 M
55.35 M
7.03 B
33.08 B
401.4 M
Short Ratio
6.21 X
0.58 X
1.10 X
1.25 X
3.71 X
2.14 X
18.09 X
Target Price
10.8
15.85
6.67
40.0
110.8
1078.11
88.71
Debt To Equity
N/A
1.43 %
N/A
0.01 %
1.49 %
0.13 %
N/A
Shares Owned By Institutions
78.48 %
1.16 %
2.25 %
48.80 %
91.10 %
90.85 %
88.29 %
Market Capitalization
132.18 M
342.67 M
28.63 M
160.39 M
4.64 B
82.75 B
2.5 B
Price To Earnings To Growth
(0.23) X
N/A
N/A
N/A
1.02 X
1.12 X
N/A
Price To Earning
N/A
N/A
N/A
1.96 X
7.02 X
15.51 X
N/A
Price To Sales
538.78 X
2.16 X
N/A
2.58 X
1.39 X
5.98 X
N/A
Net Income
(52.37 M)
(101.43 M)
(22.46 M)
5.3 M
34.34 M
3.95 B
(83.98 M)
Earnings Per Share
(1.38) X
(0.13) X
(0.37) X
1.62 X
5.84 X
40.44 X
(2.43) X
Shares Owned By Insiders
11.23 %
N/A
74.64 %
13.36 %
1.99 %
1.56 %
11.71 %
Revenue
N/A
153.71 M
N/A
52.7 M
2.94 B
13.12 B
N/A
Working Capital
233.64 M
103.96 M
(7.8 M)
4.36 M
(122.4 M)
16.06 B
377.85 M
Cash And Equivalents
189.91 M
336.22 M
29.85 M
12.3 M
974.68 M
7.02 B
N/A
Cash Per Share
4.69 X
5.74 X
0.88 X
2.70 X
19.27 X
65.75 X
N/A
Gross Profit
(32.36 M)
(68.06 M)
N/A
12.5 M
893.86 M
7.02 B
N/A
Day Typical Price
0.01
2.28
3.97
0.71
33.74
114.72
755.51
44.67
Accumulation Distribution
N/A
0.0756
394.95
0.0811
44.07
9746.61
9005.69
18162.16
Market Facilitation Index
N/A
0.18
0.0
0.06
1.0E-4
0.0
0.0
0.0
Daily Balance Of Power
0.0
0.3333
(0.50)
0.0767
(1.23)
(0.24)
0.1457
0.4933
Period Momentum Indicator
N/A
0.06
(0.04)
0.0046
(0.49)
(1.15)
1.84
0.74
Rate Of Daily Change
1.0
1.03
0.99
1.01
0.99
0.99
1.0
1.02
Day Median Price
0.01
2.29
3.97
0.71
33.8
115.1
755.84
44.65
Price Action Indicator
N/A
N/A
(0.03)
0.0169
(0.44)
(1.72)
(0.04)
0.42
Relative Strength Index
35.67
83.31
40.48
49.83
40.44
78.14
9.41
56.55
Coefficient Of Variation
701.86
(1,459)
(256.34)
(1,789)
2671.34
291.87
(247.22)
(6,091)
Mean Deviation
35.35
3.56
1.95
1.82
1.22
1.37
1.17
2.75
Jensen Alpha
14.23
(0.68)
(1.00)
(0.20)
(0.03)
0.4238
(0.80)
(0.19)
Total Risk Alpha
(1.42)
(1.08)
(1.42)
(0.51)
(0.25)
0.3439
(0.97)
(0.61)
Sortino Ratio
0.2227
N/A
N/A
N/A
(0.03)
0.3918
N/A
N/A
Downside Variance
3546.19
N/A
N/A
N/A
4.96
1.79
N/A
N/A
Standard Deviation
93.98
4.75
2.58
2.36
1.99
1.91
1.7
3.43
Kurtosis
30.99
1.57
0.5846
0.2842
6.25
3.07
8.66
0.2813
Potential Upside
4.0
7.52
3.2
4.05
3.21
3.8
1.17
5.29
Treynor Ratio
(1.90)
(0.12)
8.75
(0.29)
0.0834
0.351
(0.84)
(0.06)
Maximum Drawdown
693.25
28.07
12.07
12.3
14.26
9.51
11.18
18.3
Variance
8832.89
22.54
6.67
5.58
3.95
3.66
2.89
11.8
Market Risk Adjusted Performance
(1.89)
(0.11)
8.76
(0.28)
0.0934
0.361
(0.83)
(0.05)
Risk Adjusted Performance
0.1188
(0.04)
(0.29)
(0.04)
0.0348
0.2679
(0.30)
(0)
Skewness
5.26
(0.32)
(0.44)
(0.01)
(0.72)
1.25
(2.18)
0.1408
Semi Deviation
18.16
N/A
N/A
N/A
1.99
0.7971
N/A
N/A
Information Ratio
0.1411
(0.1)
(0.44)
(0.11)
(0.03)
0.2744
(0.48)
(0.05)
Value At Risk
(49.37)
(6.78)
(5.86)
(3.85)
(2.29)
(1.66)
(3.28)
(5.21)
Expected Short fall
(302.68)
N/A
N/A
N/A
(1.30)
(1.72)
N/A
N/A
Downside Deviation
59.55
N/A
N/A
N/A
2.23
1.34
N/A
N/A
Semi Variance
329.83
N/A
N/A
N/A
3.98
0.6353
N/A
N/A

Nexus Gold Competition Performance Charts

Five steps to successful analysis of Nexus Gold Competition

Nexus Gold'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 Nexus Gold Corp in relation to its competition. Nexus Gold's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nexus Gold 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 Nexus Gold's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nexus Gold 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Nexus Gold position

In addition to having Nexus Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

Other Consideration for investing in Nexus Pink Sheet

If you are still planning to invest in Nexus Gold Corp 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 Nexus Gold's history and understand the potential risks before investing.
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