Nortech Systems Incorporated Stock Buy Hold or Sell Recommendation
| NSYS Stock | USD 10.11 0.31 2.98% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nortech Systems Incorporated is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nortech Systems Incorporated given historical horizon and risk tolerance towards Nortech Systems. When Macroaxis issues a 'buy' or 'sell' recommendation for Nortech Systems Incorporated, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nortech Systems 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 Nortech and provide practical buy, sell, or hold advice based on investors' constraints. Nortech Systems Incorporated. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Nortech |
Execute Nortech Systems Buy or Sell Advice
The Nortech recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nortech Systems Incorporated. Macroaxis does not own or have any residual interests in Nortech Systems Incorporated or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nortech Systems' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Nortech Systems Trading Alerts and Improvement Suggestions
| Nortech Systems generated a negative expected return over the last 90 days | |
| Nortech Systems has high historical volatility and very poor performance | |
| Nortech Systems is unlikely to experience financial distress in the next 2 years | |
| About 65.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from insidermonkey.com: Nortech Systems Incorporated Q3 2024 Earnings Call Transcript |
Nortech Systems Returns Distribution Density
The distribution of Nortech Systems' historical returns is an attempt to chart the uncertainty of Nortech Systems' future price movements. The chart of the probability distribution of Nortech Systems daily returns describes the distribution of returns around its average expected value. We use Nortech Systems Incorporated price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nortech Systems returns is essential to provide solid investment advice for Nortech Systems.
| Mean Return | -0.26 | Value At Risk | -4.63 | Potential Upside | 5.13 | Standard Deviation | 3.01 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nortech Systems 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.
Nortech Stock Institutional Investors
The Nortech Systems' institutional investors refer to entities that pool money to purchase Nortech Systems' securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Bank Of America Corp | 2024-06-30 | 6.0 | Jpmorgan Chase & Co | 2024-06-30 | 2.0 | Wells Fargo & Co | 2024-06-30 | 0.0 | Innealta Capital, Llc | 2024-09-30 | 0.0 | Renaissance Technologies Corp | 2024-09-30 | 56.8 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 20.5 K | Chevy Chase Trust Holdings, Inc. | 2024-09-30 | 15.8 K | Vanguard Group Inc | 2024-09-30 | 14.2 K | Royal Bank Of Canada | 2024-06-30 | 12.9 K | Susquehanna International Group, Llp | 2024-06-30 | 11.4 K | Ubs Group Ag | 2024-06-30 | 10 K |
Nortech Systems Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 2.3M | (216K) | (4.6M) | (3.0M) | 716K | 751.8K | |
| Change In Cash | (287K) | 2.9M | (1.3M) | 256K | (806K) | (765.7K) | |
| Free Cash Flow | 239K | 844K | (5.9M) | 3.0M | 485K | 509.3K | |
| Depreciation | 2.2M | 2.2M | 2.0M | 1.9M | 2.0M | 1.8M | |
| Capital Expenditures | 758K | 519K | 1.4M | 2.4M | 1.3M | 1.6M | |
| Net Income | (1.2M) | (1.5M) | 7.2M | 2.0M | 6.9M | 7.2M | |
| End Period Cash Flow | 660K | 3.6M | 2.2M | 2.5M | 1.7M | 977.0K | |
| Other Non Cash Items | 635K | 108K | 143K | (230K) | 52.0K | 49.4K | |
| Change To Netincome | 197K | (590K) | (11.6M) | 104K | 93.6K | 98.3K | |
| Change Receivables | 577.7K | (2.7M) | 1.4M | 3.0M | 3.5M | 3.6M | |
| Net Borrowings | (402K) | (4.0M) | 3.9M | (2.7M) | (2.4M) | (2.3M) | |
| Investments | (758K) | 5.5M | (730K) | (2.4M) | (1.8M) | (1.7M) |
Nortech Systems 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 Nortech Systems or Electronic Equipment, Instruments & Components 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 Nortech Systems' 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 Nortech 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 | -0.35 | |
β | Beta against Dow Jones | 0.61 | |
σ | Overall volatility | 3.06 | |
Ir | Information ratio | -0.13 |
Nortech Systems Volatility Alert
Nortech Systems Incorporated exhibits very low volatility with skewness of -0.76 and kurtosis of 4.84. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nortech Systems' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nortech Systems' 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.Nortech Systems Fundamentals Vs Peers
Comparing Nortech Systems' 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 Nortech Systems' direct or indirect competition across all of the common fundamentals between Nortech Systems and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nortech Systems or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nortech Systems' fundamental indicators could also be used in its relative valuation, which is a method of valuing Nortech Systems by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nortech Systems to competition |
| Fundamentals | Nortech Systems | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0348 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | (0.01) % | (5.51) % |
| Current Valuation | 46.62 M | 16.62 B |
| Shares Outstanding | 2.76 M | 571.82 M |
| Shares Owned By Insiders | 65.09 % | 10.09 % |
| Shares Owned By Institutions | 5.11 % | 39.21 % |
| Number Of Shares Shorted | 5.91 K | 4.71 M |
| Price To Earning | 4.08 X | 28.72 X |
| Price To Book | 0.81 X | 9.51 X |
| Price To Sales | 0.21 X | 11.42 X |
| Revenue | 139.33 M | 9.43 B |
| Gross Profit | 20.48 M | 27.38 B |
| EBITDA | 8 M | 3.9 B |
| Net Income | 6.87 M | 570.98 M |
| Cash And Equivalents | 944 K | 2.7 B |
| Cash Per Share | 0.35 X | 5.01 X |
| Total Debt | 14.18 M | 5.32 B |
| Debt To Equity | 0.81 % | 48.70 % |
| Current Ratio | 2.32 X | 2.16 X |
| Book Value Per Share | 12.86 X | 1.93 K |
| Cash Flow From Operations | 1.77 M | 971.22 M |
| Short Ratio | 1.29 X | 4.00 X |
| Earnings Per Share | 1.57 X | 3.12 X |
| Number Of Employees | 733 | 18.84 K |
| Beta | 0.53 | -0.15 |
| Market Capitalization | 27.87 M | 19.03 B |
| Total Asset | 75.13 M | 29.47 B |
| Retained Earnings | 18.67 M | 9.33 B |
| Working Capital | 32.21 M | 1.48 B |
| Current Asset | 41.13 M | 9.34 B |
| Current Liabilities | 20.7 M | 7.9 B |
Note: Insider Trading [view details]
Nortech Systems Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nortech . 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.
| Accumulation Distribution | 689.03 | |||
| Daily Balance Of Power | (0.38) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 10.29 | |||
| Day Typical Price | 10.23 | |||
| Market Facilitation Index | 1.0E-4 | |||
| Price Action Indicator | (0.34) | |||
| Period Momentum Indicator | (0.31) | |||
| Relative Strength Index | 29.39 |
About Nortech Systems Buy or Sell Advice
When is the right time to buy or sell Nortech Systems Incorporated? Buying financial instruments such as Nortech 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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Additional Tools for Nortech Stock Analysis
When running Nortech Systems' price analysis, check to measure Nortech Systems' 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 Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.