Nexa Resources Sa Stock Buy Hold or Sell Recommendation
| NEXA Stock | USD 6.41 0.29 4.74% |
Given the investment horizon of 90 days and your complete indifference towards market risk, 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 NEXA 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. In addition, we conduct extensive research on individual companies such as Nexa and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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 interest.
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' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Hold | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Nexa Resources Trading Alerts and Improvement Suggestions
| Nexa Resources SA generated a negative expected return over the last 90 days | |
| Nexa Resources SA has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 2.57 B. Net Loss for the year was (289.35 M) with profit before overhead, payroll, taxes, and interest of 453.47 M. | |
| About 66.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from kalkinemedia.com: Nexa Resources Sees Decrease in Short Interest and Stock Performance |
Nexa Resources Returns Distribution Density
The distribution of Nexa Resources' historical returns is an attempt to chart the uncertainty of Nexa Resources' 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 | -0.2 | Value At Risk | -5.45 | Potential Upside | 4.62 | Standard Deviation | 3.43 |
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 Stock Institutional Investors
| Shares | Investors Research Corporation | 2024-09-30 | 2 K | Royal Bank Of Canada | 2024-09-30 | 1.7 K | Barclays Plc | 2024-09-30 | 1.4 K | Tower Research Capital Llc | 2024-09-30 | 1.1 K | Legal & General Group Plc | 2024-09-30 | 933 | Advisor Group Holdings, Inc. | 2024-09-30 | 331 | Simplex Trading, Llc | 2024-06-30 | 100.0 | Bnp Paribas Arbitrage, Sa | 2024-09-30 | 1.0 | Goldman Sachs Group Inc | 2024-09-30 | 0.0 | Dimensional Fund Advisors, Inc. | 2024-09-30 | 621.2 K | Renaissance Technologies Corp | 2024-09-30 | 353.2 K |
Nexa Resources Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 8.9M | (102.1M) | (75.1M) | 127.0M | 146.1M | 153.4M | |
| Investments | (369.2M) | 13.7M | (378.9M) | (277.2M) | (249.5M) | (262.0M) | |
| Change In Cash | 387.5M | (342.3M) | (246.0M) | (40.6M) | (36.5M) | (34.7M) | |
| Net Borrowings | 73.5M | 529.9M | (201.1M) | (74.6M) | (67.1M) | (63.8M) | |
| Free Cash Flow | (32.0M) | 7.8M | (120.4M) | (66.4M) | (59.8M) | (56.8M) | |
| Depreciation | 243.9M | 258.7M | 290.9M | 298.4M | 268.6M | 226.9M | |
| Other Non Cash Items | 618.8M | (36.5M) | (48.6M) | 33.6M | 30.3M | 28.8M | |
| Dividends Paid | 56.0M | 52.3M | 68.5M | (23.7M) | (21.3M) | (20.3M) | |
| Capital Expenditures | 323.7M | 485.2M | 387.1M | 310.2M | 356.7M | 321.7M | |
| Net Income | (676.7M) | 309.3M | 227.4M | (289.4M) | (260.4M) | (247.4M) | |
| End Period Cash Flow | 1.1B | 743.8M | 497.8M | 457.3M | 411.5M | 625.9M | |
| Change To Netincome | 21.7M | 498.8M | 158.4M | 89.8M | 103.2M | 164.4M |
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 Metals & Mining 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' 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 | -0.17 | |
β | Beta against Dow Jones | -1.32 | |
σ | Overall volatility | 3.54 | |
Ir | Information ratio | -0.07 |
Nexa Resources Volatility Alert
Nexa Resources SA exhibits very low volatility with skewness of -2.31 and kurtosis of 10.67. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nexa Resources' 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' 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' 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' 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' 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 | -0.13 | -0.31 |
| Return On Asset | 0.0215 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 2.26 B | 16.62 B |
| Shares Outstanding | 132.44 M | 571.82 M |
| Shares Owned By Insiders | 66.47 % | 10.09 % |
| Shares Owned By Institutions | 25.29 % | 39.21 % |
| Number Of Shares Shorted | 18.23 K | 4.71 M |
| Price To Earning | 4.26 X | 28.72 X |
| Price To Book | 0.85 X | 9.51 X |
| Price To Sales | 0.32 X | 11.42 X |
| Revenue | 2.57 B | 9.43 B |
| Gross Profit | 453.47 M | 27.38 B |
| EBITDA | 190.25 M | 3.9 B |
| Net Income | (289.35 M) | 570.98 M |
| Cash And Equivalents | 632.57 M | 2.7 B |
| Cash Per Share | 4.78 X | 5.01 X |
| Total Debt | 1.73 B | 5.32 B |
| Debt To Equity | 0.92 % | 48.70 % |
| Current Ratio | 1.45 X | 2.16 X |
| Book Value Per Share | 7.54 X | 1.93 K |
| Cash Flow From Operations | 246.85 M | 971.22 M |
| Short Ratio | 0.07 X | 4.00 X |
| Earnings Per Share | (1.49) X | 3.12 X |
| Price To Earnings To Growth | (0.02) X | 4.89 X |
| Target Price | 8.04 | |
| Beta | 1.55 | -0.15 |
| Market Capitalization | 837.01 M | 19.03 B |
| Total Asset | 4.84 B | 29.47 B |
| Retained Earnings | (1.03 B) | 9.33 B |
| Working Capital | (15.06 M) | 1.48 B |
| Current Asset | 1.95 B | 9.34 B |
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.
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.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Nexa Resources 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 Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services 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 Business Services Theme or any other thematic opportunities.
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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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Diversified Metals & Mining 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 Nexa Resources. If investors know Nexa 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 Nexa Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.49) | Revenue Per Share | Quarterly Revenue Growth 0.093 | Return On Assets | Return On Equity |
The market value of Nexa Resources SA is measured differently than its book value, which is the value of Nexa that is recorded on the company's balance sheet. Investors also form their own opinion of Nexa Resources' value that differs from its market value or its book value, called intrinsic value, which is Nexa Resources' 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 Nexa Resources' market value can be influenced by many factors that don't directly affect Nexa Resources' 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 Nexa Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexa Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexa Resources' 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.