Nanomix Financials
| NNMX Stock | USD 0.0002 0.00 0.00% |
Nanomix |
Understanding current and past Nanomix Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nanomix's financial statements are interrelated, with each one affecting the others. For example, an increase in Nanomix's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Nanomix's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nanomix. Check Nanomix's Beneish M Score to see the likelihood of Nanomix's management manipulating its earnings.
Nanomix Stock Summary
Nanomix competes with Medtronic PLC, CONMED, Glaukos Corp, Integer Holdings, and Orthopediatrics Corp. Nanomix Corporation develops mobile point-of-care diagnostic system that is used in performing a range of in vitro diagnostic tests in various environments. Nanomix Corporation was founded in 2000 and is headquartered in San Leandro, California. Nanomix Corp operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 25 people.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 2121 Williams Street, |
| Sector | Healthcare |
| Industry | Medical Devices |
| Benchmark | Dow Jones Industrial |
| Website | nano.com |
| Phone | 510 428 5300 |
| Currency | USD - US Dollar |
Nanomix Key Financial Ratios
Nanomix's financial ratios allow both analysts and investors to convert raw data from Nanomix's financial statements into concise, actionable information that can be used to evaluate the performance of Nanomix over time and compare it to other companies across industries.Nanomix Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nanomix's current stock value. Our valuation model uses many indicators to compare Nanomix value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nanomix competition to find correlations between indicators driving Nanomix's intrinsic value. More Info.Nanomix is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in operating margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nanomix by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nanomix'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.Nanomix Systematic Risk
Nanomix's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nanomix volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Nanomix correlated with the market. If Beta is less than 0 Nanomix generally moves in the opposite direction as compared to the market. If Nanomix Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nanomix is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nanomix is generally in the same direction as the market. If Beta > 1 Nanomix moves generally in the same direction as, but more than the movement of the benchmark.
Nanomix November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nanomix help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nanomix. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nanomix based on widely used predictive technical indicators. In general, we focus on analyzing Nanomix Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nanomix's daily price indicators and compare them against related drivers.
| Information Ratio | 0.1119 | |||
| Maximum Drawdown | 100.0 |
Additional Tools for Nanomix Pink Sheet Analysis
When running Nanomix's price analysis, check to measure Nanomix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nanomix is operating at the current time. Most of Nanomix's value examination focuses on studying past and present price action to predict the probability of Nanomix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanomix's price. Additionally, you may evaluate how the addition of Nanomix to your portfolios can decrease your overall portfolio volatility.