Next Hydrogen Financials
| NXHSF Stock | USD 0.30 0.03 9.09% |
With this module, you can analyze Next financials for your investing period. You should be able to track the changes in Next Hydrogen individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
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Understanding current and past Next Hydrogen Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Next Hydrogen's financial statements are interrelated, with each one affecting the others. For example, an increase in Next Hydrogen's assets may result in an increase in income on the income statement.
The data published in Next Hydrogen's official financial statements typically reflect Next Hydrogen's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Next Hydrogen's quantitative information. For example, before you start analyzing numbers published by Next accountants, it's essential to understand Next Hydrogen's liquidity, profitability, and earnings quality within the context of the Industrials space in which it operates.
Next Hydrogen Stock Summary
Next Hydrogen competes with Weir Group, ITM Power, Nel ASA, Ballard Power, and Titan Logix. Next Hydrogen Solutions Inc. designs, manufactures, and sells water and electricity electrolyzers to generate clean hydrogen for use as an energy source. The company was founded in 2007 and is headquartered in Mississauga, Canada. Next Hydrogen is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| Business Address | 6610 Edwards Boulevard, |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Benchmark | Dow Jones Industrial |
| Website | www.nexthydrogen.com |
| Phone | 647 578 6360 |
| Currency | USD - US Dollar |
Next Hydrogen Key Financial Ratios
There are many critical financial ratios that Next Hydrogen's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Next Hydrogen Solutions reports annually and quarterly.Next Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Next Hydrogen's current stock value. Our valuation model uses many indicators to compare Next Hydrogen value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Next Hydrogen competition to find correlations between indicators driving Next Hydrogen's intrinsic value. More Info.Next Hydrogen Solutions is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Next Hydrogen's earnings, one of the primary drivers of an investment's value.Next Hydrogen Solutions Systematic Risk
Next Hydrogen's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Next Hydrogen 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 Next Hydrogen Solutions correlated with the market. If Beta is less than 0 Next Hydrogen generally moves in the opposite direction as compared to the market. If Next Hydrogen Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Next Hydrogen Solutions is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Next Hydrogen is generally in the same direction as the market. If Beta > 1 Next Hydrogen moves generally in the same direction as, but more than the movement of the benchmark.
Next Hydrogen November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Next Hydrogen help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Next Hydrogen Solutions. We use our internally-developed statistical techniques to arrive at the intrinsic value of Next Hydrogen Solutions based on widely used predictive technical indicators. In general, we focus on analyzing Next OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Next Hydrogen's daily price indicators and compare them against related drivers.
| Downside Deviation | 33.01 | |||
| Information Ratio | 0.0662 | |||
| Maximum Drawdown | 101.84 | |||
| Value At Risk | (30.00) | |||
| Potential Upside | 50.0 |
Complementary Tools for Next OTC Stock analysis
When running Next Hydrogen's price analysis, check to measure Next Hydrogen'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 Next Hydrogen is operating at the current time. Most of Next Hydrogen's value examination focuses on studying past and present price action to predict the probability of Next Hydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Hydrogen's price. Additionally, you may evaluate how the addition of Next Hydrogen to your portfolios can decrease your overall portfolio volatility.
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