Nervgen Pharma Corp Stock Buy Hold or Sell Recommendation
| NGEN Stock | CAD 2.87 0.08 2.87% |
Assuming the 90 days trading horizon and complete risk avoidance on your part, our recommendation regarding NervGen Pharma Corp is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NervGen Pharma Corp given historical horizon and risk tolerance towards NervGen Pharma. When Macroaxis issues a 'buy' or 'sell' recommendation for NervGen Pharma Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out NervGen Pharma 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 NervGen and provide practical buy, sell, or hold advice based on investors' constraints. NervGen Pharma Corp. 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.
NervGen |
Execute NervGen Pharma Buy or Sell Advice
The NervGen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NervGen Pharma Corp. Macroaxis does not own or have any residual interests in NervGen Pharma Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NervGen Pharma's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NervGen Pharma Trading Alerts and Improvement Suggestions
| NervGen Pharma Corp had very high historical volatility over the last 90 days | |
| NervGen Pharma Corp has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (22.38 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NervGen Pharma Corp has accumulated about 8.27 M in cash with (11.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.3. | |
| Roughly 23.0% of the company outstanding shares are owned by corporate insiders |
NervGen Pharma Returns Distribution Density
The distribution of NervGen Pharma's historical returns is an attempt to chart the uncertainty of NervGen Pharma's future price movements. The chart of the probability distribution of NervGen Pharma daily returns describes the distribution of returns around its average expected value. We use NervGen Pharma Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NervGen Pharma returns is essential to provide solid investment advice for NervGen Pharma.
| Mean Return | 0.19 | Value At Risk | -5.84 | Potential Upside | 6.15 | Standard Deviation | 4.66 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NervGen Pharma 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.
NervGen Pharma 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 NervGen Pharma or Biotechnology 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 NervGen Pharma'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 NervGen 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 | 0.11 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 4.65 | |
Ir | Information ratio | 0.01 |
NervGen Pharma Volatility Alert
NervGen Pharma Corp exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NervGen Pharma'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 NervGen Pharma'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.NervGen Pharma Fundamentals Vs Peers
Comparing NervGen Pharma'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 NervGen Pharma's direct or indirect competition across all of the common fundamentals between NervGen Pharma and the related equities. This way, we can detect undervalued stocks with similar characteristics as NervGen Pharma or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NervGen Pharma's fundamental indicators could also be used in its relative valuation, which is a method of valuing NervGen Pharma by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NervGen Pharma to competition |
| Fundamentals | NervGen Pharma | Peer Average |
| Return On Equity | -2.3 | -0.31 |
| Return On Asset | -0.53 | -0.14 |
| Current Valuation | 180.91 M | 16.62 B |
| Shares Outstanding | 70.31 M | 571.82 M |
| Shares Owned By Insiders | 22.91 % | 10.09 % |
| Shares Owned By Institutions | 0.06 % | 39.21 % |
| Number Of Shares Shorted | 199.54 K | 4.71 M |
| Price To Book | 21.99 X | 9.51 X |
| EBITDA | (19.24 M) | 3.9 B |
| Net Income | (22.38 M) | 570.98 M |
| Cash And Equivalents | 8.27 M | 2.7 B |
| Cash Per Share | 0.30 X | 5.01 X |
| Total Debt | 15.25 M | 5.32 B |
| Current Ratio | 25.72 X | 2.16 X |
| Book Value Per Share | (0.03) X | 1.93 K |
| Cash Flow From Operations | (11.3 M) | 971.22 M |
| Short Ratio | 4.77 X | 4.00 X |
| Earnings Per Share | (0.38) X | 3.12 X |
| Target Price | 4.5 | |
| Beta | 1.35 | -0.15 |
| Market Capitalization | 201.78 M | 19.03 B |
| Total Asset | 13.24 M | 29.47 B |
| Retained Earnings | (78.15 M) | 9.33 B |
| Working Capital | (2.62 M) | 1.48 B |
| Net Asset | 13.24 M |
NervGen Pharma Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NervGen . 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 NervGen Pharma Buy or Sell Advice
When is the right time to buy or sell NervGen Pharma Corp? Buying financial instruments such as NervGen 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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Run Measuring and Control Equipment Thematic Idea Now
Measuring and Control Equipment
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Additional Tools for NervGen Stock Analysis
When running NervGen Pharma's price analysis, check to measure NervGen Pharma'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 NervGen Pharma is operating at the current time. Most of NervGen Pharma's value examination focuses on studying past and present price action to predict the probability of NervGen Pharma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NervGen Pharma's price. Additionally, you may evaluate how the addition of NervGen Pharma to your portfolios can decrease your overall portfolio volatility.