Nyxoah may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, Nyxoah's Cash is increasing as compared to previous years. The Nyxoah's current Non Current Assets Total is estimated to increase to about 67.4 M, while Total Assets are projected to decrease to under 94.2 M. Key indicators impacting Nyxoah's financial strength include:
The essential information of the day-to-day investment outlook for Nyxoah includes many different criteria found on its balance sheet. An individual investor should monitor Nyxoah's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Nyxoah.
Nyxoah competes with Milestone Scientific, Pro Dex, InfuSystems Holdings, Repro Med, and JIN MEDICAL. Nyxoah S.A., a medical technology company, focuses on the development and commercialization of solutions to treat sleep disordered breathing conditions. The company was incorporated in 2009 and is headquartered in Mont-Saint-Guibert, Belgium. Nyxoah S is traded on NASDAQ Exchange in the United States.
Comparative valuation techniques use various fundamental indicators to help in determining Nyxoah's current stock value. Our valuation model uses many indicators to compare Nyxoah value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nyxoah competition to find correlations between indicators driving Nyxoah's intrinsic value. More Info.
Nyxoah is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, Nyxoah's Return On Equity is increasing as compared to previous years. 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 Nyxoah's earnings, one of the primary drivers of an investment's value.
Nyxoah Systematic Risk
Nyxoah's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nyxoah 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Nyxoah correlated with the market. If Beta is less than 0 Nyxoah generally moves in the opposite direction as compared to the market. If Nyxoah Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nyxoah is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nyxoah is generally in the same direction as the market. If Beta > 1 Nyxoah moves generally in the same direction as, but more than the movement of the benchmark.
Nyxoah Thematic Clasifications
Nyxoah is part of several thematic ideas from Office Supplies to Medical Equipment. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Nyxoah Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nyxoah's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nyxoah growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Nyxoah help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nyxoah. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nyxoah based on widely used predictive technical indicators. In general, we focus on analyzing Nyxoah Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nyxoah's daily price indicators and compare them against related drivers.
When running Nyxoah's price analysis, check to measure Nyxoah'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 Nyxoah is operating at the current time. Most of Nyxoah's value examination focuses on studying past and present price action to predict the probability of Nyxoah's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nyxoah's price. Additionally, you may evaluate how the addition of Nyxoah to your portfolios can decrease your overall portfolio volatility.