NEXA RESOURCES (Germany) Buy Hold or Sell Recommendation
| NE0 Stock | EUR 7.10 0.05 0.71% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding NEXA RESOURCES SA is 'Cautious Hold'. Macroaxis provides NEXA RESOURCES buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NE0 positions.
Check out NEXA RESOURCES 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 NEXA and provide practical buy, sell, or hold advice based on investors' constraints. NEXA RESOURCES SA. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
NEXA |
Execute NEXA RESOURCES Buy or Sell Advice
The NEXA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NEXA RESOURCES SA. Macroaxis does not own or have any residual interests in NEXA RESOURCES SA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NEXA RESOURCES's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Good | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NEXA RESOURCES Trading Alerts and Improvement Suggestions
| About 65.0% of the company outstanding shares are owned by corporate insiders |
NEXA RESOURCES Returns Distribution Density
The distribution of NEXA RESOURCES's historical returns is an attempt to chart the uncertainty of NEXA RESOURCES's future price movements. The chart of the probability distribution of NEXA RESOURCES daily returns describes the distribution of returns around its average expected value. We use NEXA RESOURCES SA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NEXA RESOURCES returns is essential to provide solid investment advice for NEXA RESOURCES.
| Mean Return | 0.35 | Value At Risk | -2.92 | Potential Upside | 4.00 | Standard Deviation | 2.27 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NEXA RESOURCES 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.
NEXA RESOURCES 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 NEXA RESOURCES or Basic Materials 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 NEXA RESOURCES'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 NEXA 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 | -0.2 | |
σ | Overall volatility | 2.27 | |
Ir | Information ratio | 0.1 |
NEXA RESOURCES Volatility Alert
NEXA RESOURCES SA currently demonstrates below-average downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NEXA RESOURCES'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 NEXA RESOURCES'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.NEXA RESOURCES Fundamentals Vs Peers
Comparing NEXA RESOURCES'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 NEXA RESOURCES's direct or indirect competition across all of the common fundamentals between NEXA RESOURCES and the related equities. This way, we can detect undervalued stocks with similar characteristics as NEXA RESOURCES or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NEXA RESOURCES's fundamental indicators could also be used in its relative valuation, which is a method of valuing NEXA RESOURCES by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NEXA RESOURCES to competition |
| Fundamentals | NEXA RESOURCES | Peer Average |
| Return On Equity | 0.0989 | -0.31 |
| Return On Asset | 0.0633 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.17 % | (5.51) % |
| Shares Outstanding | 132.44 M | 571.82 M |
| Shares Owned By Insiders | 64.67 % | 10.09 % |
| Shares Owned By Institutions | 13.24 % | 39.21 % |
| Price To Earning | 205.81 X | 28.72 X |
| Revenue | 2.93 B | 9.43 B |
| Gross Profit | 656.07 M | 27.38 B |
| EBITDA | 761.29 M | 3.9 B |
| Net Income | 152.01 M | 570.98 M |
| Cash And Equivalents | 1.08 B | 2.7 B |
| Cash Per Share | 8.12 X | 5.01 X |
| Total Debt | 1.94 B | 5.32 B |
| Debt To Equity | 1.11 % | 48.70 % |
| Current Ratio | 1.89 X | 2.16 X |
| Book Value Per Share | 11.22 X | 1.93 K |
| Cash Flow From Operations | 629.46 M | 971.22 M |
| Earnings Per Share | 0.92 X | 3.12 X |
| Target Price | 11.32 | |
| Number Of Employees | 19 | 18.84 K |
| Beta | 1.47 | -0.15 |
| Market Capitalization | 807.88 M | 19.03 B |
| Annual Yield | 0.04 % | |
| Last Dividend Paid | 0.33 |
NEXA RESOURCES Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NEXA . 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7.1 | |||
| Day Typical Price | 7.1 | |||
| Price Action Indicator | 0.025 | |||
| Period Momentum Indicator | 0.05 |
About NEXA RESOURCES Buy or Sell Advice
When is the right time to buy or sell NEXA RESOURCES SA? Buying financial instruments such as NEXA 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.
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Additional Information and Resources on Investing in NEXA Stock
When determining whether NEXA RESOURCES SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NEXA RESOURCES's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nexa Resources Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nexa Resources Sa Stock:Check out NEXA RESOURCES 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.