Chardan Nextech Acquisition Stock Buy Hold or Sell Recommendation
| DFLI Stock | USD 4.24 0.91 27.33% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Chardan NexTech Acquisition is 'Sell'. The recommendation algorithm takes into account all of Chardan NexTech's available fundamental, technical, and predictive indicators you will find on this site.
Check out Chardan NexTech Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Chardan and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Chardan NexTech Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
Chardan |
Execute Chardan NexTech Buy or Sell Advice
The Chardan recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Chardan NexTech Acquisition. Macroaxis does not own or have any residual interests in Chardan NexTech Acquisition or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Chardan NexTech's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Risky | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Chardan NexTech Trading Alerts and Improvement Suggestions
| Chardan NexTech Acqu generated a negative expected return over the last 90 days | |
| Chardan NexTech Acqu has high historical volatility and very poor performance | |
| Chardan NexTech Acqu has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 64.39 M. Net Loss for the year was (13.82 M) with profit before overhead, payroll, taxes, and interest of 24 M. | |
| Chardan NexTech Acquisition currently holds about 10.52 M in cash with (17.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.47. | |
| Chardan NexTech Acqu has a poor financial position based on the latest SEC disclosures | |
| Roughly 50.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Dragonfly Energy executes reverse stock split |
Chardan NexTech Returns Distribution Density
The distribution of Chardan NexTech's historical returns is an attempt to chart the uncertainty of Chardan NexTech's future price movements. The chart of the probability distribution of Chardan NexTech daily returns describes the distribution of returns around its average expected value. We use Chardan NexTech Acquisition price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Chardan NexTech returns is essential to provide solid investment advice for Chardan NexTech.
| Mean Return | -0.15 | Value At Risk | -6.95 | Potential Upside | 7.21 | Standard Deviation | 6.08 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Chardan NexTech historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Chardan Stock Institutional Investors
| Shares | Two Sigma Securities, Llc | 2024-06-30 | 59.9 K | State Street Corp | 2024-06-30 | 57.4 K | Ubs Group Ag | 2024-06-30 | 51.1 K | Verition Fund Managegment, Llc | 2024-06-30 | 44.2 K | Aqr Capital Management Llc | 2024-06-30 | 43.5 K | First Financial Bankshares Inc | 2024-06-30 | 41.3 K | Hrt Financial Llc | 2024-06-30 | 27.7 K | Sei Investments Co | 2024-06-30 | 26.1 K | Point72 Asia (singapore) Pte. Ltd | 2024-09-30 | 22.7 K | Vanguard Group Inc | 2024-09-30 | 735 K | Kfg Wealth Management Llc | 2024-09-30 | 448.8 K |
Chardan NexTech Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Chardan NexTech or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Chardan NexTech's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Chardan stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 1.65 | |
σ | Overall volatility | 6.13 | |
Ir | Information ratio | -0.05 |
Chardan NexTech Volatility Alert
Chardan NexTech Acquisition is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Chardan NexTech's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Chardan NexTech's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Chardan NexTech Fundamentals Vs Peers
Comparing Chardan NexTech's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Chardan NexTech's direct or indirect competition across all of the common fundamentals between Chardan NexTech and the related equities. This way, we can detect undervalued stocks with similar characteristics as Chardan NexTech or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Chardan NexTech's fundamental indicators could also be used in its relative valuation, which is a method of valuing Chardan NexTech by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Chardan NexTech to competition |
| Fundamentals | Chardan NexTech | Peer Average |
| Return On Equity | -1.64 | -0.31 |
| Return On Asset | -0.14 | -0.14 |
| Profit Margin | (0.59) % | (1.27) % |
| Operating Margin | (0.51) % | (5.51) % |
| Current Valuation | 72.39 M | 16.62 B |
| Shares Outstanding | 7.01 M | 571.82 M |
| Shares Owned By Insiders | 49.56 % | 10.09 % |
| Shares Owned By Institutions | 7.53 % | 39.21 % |
| Number Of Shares Shorted | 1.01 M | 4.71 M |
| Price To Book | 6.34 X | 9.51 X |
| Price To Sales | 0.57 X | 11.42 X |
| Revenue | 64.39 M | 9.43 B |
| Gross Profit | 24 M | 27.38 B |
| EBITDA | 3.41 M | 3.9 B |
| Net Income | (13.82 M) | 570.98 M |
| Cash And Equivalents | 10.52 M | 2.7 B |
| Cash Per Share | 0.47 X | 5.01 X |
| Total Debt | 23.31 M | 5.32 B |
| Debt To Equity | 1.79 % | 48.70 % |
| Current Ratio | 2.30 X | 2.16 X |
| Book Value Per Share | 0.46 X | 1.93 K |
| Cash Flow From Operations | (17.71 M) | 971.22 M |
| Short Ratio | 5.23 X | 4.00 X |
| Earnings Per Share | (3.78) X | 3.12 X |
| Target Price | 15.19 | |
| Number Of Employees | 150 | 18.84 K |
| Beta | -0.82 | -0.15 |
| Market Capitalization | 29.74 M | 19.03 B |
| Total Asset | 75.2 M | 29.47 B |
| Retained Earnings | (41.54 M) | 9.33 B |
| Working Capital | 15.54 M | 1.48 B |
| Net Asset | 75.2 M |
Note: Acquisition by Boyle Howarth Perry Jr. of 222222 shares of Chardan NexTech subject to Rule 16b-3 [view details]
Chardan NexTech Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Chardan . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Chardan NexTech Buy or Sell Advice
When is the right time to buy or sell Chardan NexTech Acquisition? Buying financial instruments such as Chardan Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Chardan NexTech Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chardan NexTech. If investors know Chardan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chardan NexTech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.78) | Revenue Per Share 0.869 | Quarterly Revenue Growth (0.32) | Return On Assets (0.14) | Return On Equity (1.64) |
The market value of Chardan NexTech Acqu is measured differently than its book value, which is the value of Chardan that is recorded on the company's balance sheet. Investors also form their own opinion of Chardan NexTech's value that differs from its market value or its book value, called intrinsic value, which is Chardan NexTech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chardan NexTech's market value can be influenced by many factors that don't directly affect Chardan NexTech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chardan NexTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chardan NexTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chardan NexTech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.