Ngx Energy International Stock Buy Hold or Sell Recommendation
| GASX Stock | CAD 1.03 0.03 3.00% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Ngx Energy International is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ngx Energy International given historical horizon and risk tolerance towards Ngx Energy. When Macroaxis issues a 'buy' or 'sell' recommendation for Ngx Energy International, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Ngx Energy 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. Note, we conduct extensive research on individual companies such as Ngx and provide practical buy, sell, or hold advice based on investors' constraints. Ngx Energy International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
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Execute Ngx Energy Buy or Sell Advice
The Ngx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ngx Energy International. Macroaxis does not own or have any residual interests in Ngx Energy International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ngx Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Ngx Energy Trading Alerts and Improvement Suggestions
| Ngx Energy has some characteristics of a very speculative penny stock | |
| Ngx Energy had very high historical volatility over the last 90 days | |
| Ngx Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 12.04 M. Net Loss for the year was (16.68 M) with profit before overhead, payroll, taxes, and interest of 248.5 K. | |
| Ngx Energy International has accumulated about 2.35 M in cash with (3.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 41.0% of the company shares are held by company insiders |
Ngx Energy Returns Distribution Density
The distribution of Ngx Energy's historical returns is an attempt to chart the uncertainty of Ngx Energy's future price movements. The chart of the probability distribution of Ngx Energy daily returns describes the distribution of returns around its average expected value. We use Ngx Energy International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ngx Energy returns is essential to provide solid investment advice for Ngx Energy.
| Mean Return | -0.03 | Value At Risk | -4.12 | Potential Upside | 5.62 | Standard Deviation | 3.05 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ngx Energy 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.
Ngx Energy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (193.8K) | (214.4K) | 4.6M | 1.1M | (6.0M) | (5.7M) | |
| Free Cash Flow | (3.9M) | (7.1M) | (10.7M) | (34.2M) | (22.5M) | (21.3M) | |
| Depreciation | 51.4K | 206.3K | 13.2K | 1.6M | 1.8M | 1.8M | |
| Other Non Cash Items | (1.4M) | 17.8M | 1.1M | 2.3M | 10.1M | 10.6M | |
| Capital Expenditures | 1.4M | 4.5M | 5.5M | 30.6M | 18.9M | 19.9M | |
| Net Income | (2.7M) | (22.0M) | (6.7M) | (10.0M) | (16.7M) | (15.8M) | |
| End Period Cash Flow | 1.4M | 1.2M | 5.8M | 7.0M | 1.3M | 1.2M | |
| Investments | (1.1M) | (4.0M) | (5.9M) | (28.3M) | (23.8M) | (22.6M) | |
| Change To Netincome | (2.5M) | 1.6M | 19.8M | 2.4M | 2.7M | 2.6M |
Ngx Energy 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 Ngx Energy or Oil, Gas & Consumable Fuels 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 Ngx Energy'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 Ngx 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 | -0.02 | |
β | Beta against Dow Jones | -0.12 | |
σ | Overall volatility | 3.06 | |
Ir | Information ratio | -0.05 |
Ngx Energy Volatility Alert
Ngx Energy International exhibits very low volatility with skewness of 0.52 and kurtosis of 0.3. Ngx Energy International is a potential penny stock. Although Ngx Energy may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Ngx Energy International. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Ngx 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.Ngx Energy Fundamentals Vs Peers
Comparing Ngx Energy'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 Ngx Energy's direct or indirect competition across all of the common fundamentals between Ngx Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ngx Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ngx Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ngx Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ngx Energy to competition |
| Fundamentals | Ngx Energy | Peer Average |
| Return On Equity | -2.63 | -0.31 |
| Return On Asset | -0.0177 | -0.14 |
| Profit Margin | (2.20) % | (1.27) % |
| Operating Margin | 0.03 % | (5.51) % |
| Current Valuation | 319 M | 16.62 B |
| Shares Outstanding | 255.01 M | 571.82 M |
| Shares Owned By Insiders | 40.79 % | 10.09 % |
| Shares Owned By Institutions | 3.64 % | 39.21 % |
| Number Of Shares Shorted | 248.02 K | 4.71 M |
| Price To Book | 3.81 X | 9.51 X |
| Price To Sales | 11.40 X | 11.42 X |
| Revenue | 12.04 M | 9.43 B |
| Gross Profit | 248.5 K | 27.38 B |
| EBITDA | 10.49 M | 3.9 B |
| Net Income | (16.68 M) | 570.98 M |
| Cash And Equivalents | 2.35 M | 2.7 B |
| Cash Per Share | 0.03 X | 5.01 X |
| Total Debt | 1 M | 5.32 B |
| Debt To Equity | 1.16 % | 48.70 % |
| Current Ratio | 2.01 X | 2.16 X |
| Book Value Per Share | 0.14 X | 1.93 K |
| Cash Flow From Operations | (3.55 M) | 971.22 M |
| Short Ratio | 0.91 X | 4.00 X |
| Earnings Per Share | (0.38) X | 3.12 X |
| Target Price | 1.91 | |
| Number Of Employees | 27 | 18.84 K |
| Beta | 1.34 | -0.15 |
| Market Capitalization | 262.66 M | 19.03 B |
| Total Asset | 106.86 M | 29.47 B |
| Retained Earnings | (137.66 M) | 9.33 B |
| Working Capital | (12.81 M) | 1.48 B |
| Net Asset | 106.86 M |
Ngx Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ngx . 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 Ngx Energy Buy or Sell Advice
When is the right time to buy or sell Ngx Energy International? Buying financial instruments such as Ngx 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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In addition to having Ngx Energy 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?
Run Small Growth Funds Thematic Idea Now
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Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 46 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 Small Growth Funds Theme or any other thematic opportunities.
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Additional Tools for Ngx Stock Analysis
When running Ngx Energy's price analysis, check to measure Ngx Energy'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 Ngx Energy is operating at the current time. Most of Ngx Energy's value examination focuses on studying past and present price action to predict the probability of Ngx Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ngx Energy's price. Additionally, you may evaluate how the addition of Ngx Energy to your portfolios can decrease your overall portfolio volatility.