NEXANS Financials
| NXS Stock | EUR 96.60 0.05 0.05% |
NEXANS |
Please note, the imprecision that can be found in NEXANS's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of NEXANS. Check NEXANS's Beneish M Score to see the likelihood of NEXANS's management manipulating its earnings.
You should never invest in NEXANS without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NEXANS Stock, because this is throwing your money away. Analyzing the key information contained in NEXANS's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NEXANS Key Financial Ratios
NEXANS's financial ratios allow both analysts and investors to convert raw data from NEXANS's financial statements into concise, actionable information that can be used to evaluate the performance of NEXANS over time and compare it to other companies across industries.NEXANS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NEXANS's current stock value. Our valuation model uses many indicators to compare NEXANS value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NEXANS competition to find correlations between indicators driving NEXANS's intrinsic value. More Info.NEXANS is regarded fourth in current valuation category among its peers. It is considered to be number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for NEXANS is about 1,740,747,591 . 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 NEXANS's earnings, one of the primary drivers of an investment's value.NEXANS Systematic Risk
NEXANS's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NEXANS 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on NEXANS correlated with the market. If Beta is less than 0 NEXANS generally moves in the opposite direction as compared to the market. If NEXANS Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NEXANS is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NEXANS is generally in the same direction as the market. If Beta > 1 NEXANS moves generally in the same direction as, but more than the movement of the benchmark.
NEXANS January 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NEXANS help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NEXANS. We use our internally-developed statistical techniques to arrive at the intrinsic value of NEXANS based on widely used predictive technical indicators. In general, we focus on analyzing NEXANS Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NEXANS's daily price indicators and compare them against related drivers.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 12.22 | |||
| Value At Risk | (5.24) | |||
| Potential Upside | 2.41 |
Additional Tools for NEXANS Stock Analysis
When running NEXANS's price analysis, check to measure NEXANS'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 NEXANS is operating at the current time. Most of NEXANS's value examination focuses on studying past and present price action to predict the probability of NEXANS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXANS's price. Additionally, you may evaluate how the addition of NEXANS to your portfolios can decrease your overall portfolio volatility.