Next10 Financial Statements From 2010 to 2025
| NXTN Stock | USD 1.00 0.10 11.11% |
Check Next10 financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Next10's main balance sheet or income statement drivers, such as , as well as many indicators such as . Next10 financial statements analysis is a perfect complement when working with Next10 Valuation or Volatility modules.
Next10 |
Next10 Inc Company Return On Equity Analysis
Next10's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Next10 Return On Equity | -5.45 |
Most of Next10's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Next10 Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Next10 Inc has a Return On Equity of -5.4484. This is 1338.27% lower than that of the Industrials sector and 217.17% lower than that of the Trucking industry. The return on equity for all United States stocks is notably higher than that of the company.
Next10 Inc Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Next10's current stock value. Our valuation model uses many indicators to compare Next10 value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Next10 competition to find correlations between indicators driving Next10's intrinsic value. More Info.Next10 Inc is regarded second in return on equity category among its peers. It is considered to be number one stock in return on asset category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Next10 by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Next10's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Next10 Financial Statements
Next10 investors utilize fundamental indicators, such as revenue or net income, to predict how Next10 Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Next10, Inc. engages in the development, manufacture, and sale of security systems for the cargo transportation industry primarily in the United States and Canada. Next10, Inc. was incorporated in 1998 and is based in Placentia, California. NEXT10 INC operates under Trucking classification in the United States and is traded on OTC Exchange. It employs 30 people.
Pair Trading with Next10
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Next10 position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Next10 will appreciate offsetting losses from the drop in the long position's value.Moving against Next10 Pink Sheet
| 0.59 | EC | Ecopetrol SA ADR | PairCorr |
| 0.55 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.55 | KEP | Korea Electric Power | PairCorr |
| 0.47 | PTAIY | Astra International Tbk | PairCorr |
The ability to find closely correlated positions to Next10 could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Next10 when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Next10 - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Next10 Inc to buy it.
The correlation of Next10 is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Next10 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Next10 Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Next10 can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Next10 Pink Sheet
Next10 financial ratios help investors to determine whether Next10 Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Next10 with respect to the benefits of owning Next10 security.