Nextego Nv Ordinary Stock Buy Hold or Sell Recommendation
| EGOX Stock | 0.0001 0.00 0.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding NexteGO NV Ordinary is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NexteGO NV Ordinary given historical horizon and risk tolerance towards NexteGO NV. When Macroaxis issues a 'buy' or 'sell' recommendation for NexteGO NV Ordinary, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out NexteGO NV 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 NexteGO and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards NexteGO NV Ordinary. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
NexteGO |
Execute NexteGO NV Buy or Sell Advice
The NexteGO recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NexteGO NV Ordinary. Macroaxis does not own or have any residual interests in NexteGO NV Ordinary or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NexteGO NV's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
NexteGO NV Trading Alerts and Improvement Suggestions
| NexteGO NV Ordinary is way too risky over 90 days horizon | |
| NexteGO NV Ordinary has some characteristics of a very speculative penny stock | |
| NexteGO NV Ordinary appears to be risky and price may revert if volatility continues | |
| NexteGO NV Ordinary has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 5.71 M. Net Loss for the year was (57.71 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NexteGO NV generates negative cash flow from operations | |
| NexteGO NV Ordinary has a frail financial position based on the latest SEC disclosures |
NexteGO NV Returns Distribution Density
The distribution of NexteGO NV's historical returns is an attempt to chart the uncertainty of NexteGO NV's future price movements. The chart of the probability distribution of NexteGO NV daily returns describes the distribution of returns around its average expected value. We use NexteGO NV Ordinary price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NexteGO NV returns is essential to provide solid investment advice for NexteGO NV.
| Mean Return | 4.85 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 50.01 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NexteGO NV 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.
NexteGO NV 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 NexteGO NV or Automobiles 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 NexteGO NV'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 NexteGO 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 | 3.94 | |
β | Beta against Dow Jones | 7.42 | |
σ | Overall volatility | 50.75 | |
Ir | Information ratio | 0.09 |
NexteGO NV Volatility Alert
NexteGO NV Ordinary is displaying above-average volatility over the selected time horizon. NexteGO NV Ordinary appears to be a penny stock. Although NexteGO NV Ordinary may be, in fact, a solid short-term or long term investment, many penny stocks are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in NexteGO NV Ordinary or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on NexteGO instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.NexteGO NV Fundamentals Vs Peers
Comparing NexteGO NV'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 NexteGO NV's direct or indirect competition across all of the common fundamentals between NexteGO NV and the related equities. This way, we can detect undervalued stocks with similar characteristics as NexteGO NV or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NexteGO NV's fundamental indicators could also be used in its relative valuation, which is a method of valuing NexteGO NV by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NexteGO NV to competition |
| Fundamentals | NexteGO NV | Peer Average |
| Current Valuation | 161.03 M | 16.62 B |
| Shares Outstanding | 94.39 M | 571.82 M |
| Number Of Shares Shorted | 751.74 K | 4.71 M |
| Price To Book | 0.0001 X | 9.51 X |
| Price To Sales | 0 X | 11.42 X |
| Revenue | 5.71 M | 9.43 B |
| EBITDA | (45.58 M) | 3.9 B |
| Net Income | (57.71 M) | 570.98 M |
| Total Debt | 87.6 M | 5.32 B |
| Cash Flow From Operations | (26.77 M) | 971.22 M |
| Market Capitalization | 2.89 M | 19.03 B |
| Total Asset | 244.26 M | 29.47 B |
| Retained Earnings | 21.5 M | 9.33 B |
| Working Capital | (59.8 M) | 1.48 B |
| Net Asset | 244.26 M |
NexteGO NV Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NexteGO . 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.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 1.0E-4 | |||
| Day Typical Price | 1.0E-4 |
About NexteGO NV Buy or Sell Advice
When is the right time to buy or sell NexteGO NV Ordinary? Buying financial instruments such as NexteGO 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.
Use Investing Ideas to Build Portfolios
In addition to having NexteGO NV in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Computers Theme or any other thematic opportunities.
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Additional Tools for NexteGO Stock Analysis
When running NexteGO NV's price analysis, check to measure NexteGO NV'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 NexteGO NV is operating at the current time. Most of NexteGO NV's value examination focuses on studying past and present price action to predict the probability of NexteGO NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexteGO NV's price. Additionally, you may evaluate how the addition of NexteGO NV to your portfolios can decrease your overall portfolio volatility.