Nextplay Technologies Buy Hold or Sell Recommendation

NXTPDelisted Stock  USD 1.10  0.09  7.56%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nextplay Technologies is 'Not Rated'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nextplay Technologies given historical horizon and risk tolerance towards Nextplay Technologies. When Macroaxis issues a 'buy' or 'sell' recommendation for Nextplay Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Note, we conduct extensive research on individual companies such as Nextplay and provide practical buy, sell, or hold advice based on investors' constraints. Nextplay Technologies. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Execute Nextplay Technologies Buy or Sell Advice

The Nextplay recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nextplay Technologies. Macroaxis does not own or have any residual interests in Nextplay Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nextplay Technologies' advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Nextplay TechnologiesBuy Nextplay Technologies
Not Rated
For the selected time horizon Nextplay Technologies has a Risk Adjusted Performance of (0.06), Jensen Alpha of (0.63), Total Risk Alpha of (1.46) and Treynor Ratio of (1.93)
We provide investment recommendation to complement the last-minute expert consensus on Nextplay Technologies. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure Nextplay Technologies is not overpriced, please verify all Nextplay Technologies fundamentals, including its total debt, as well as the relationship between the earnings per share and retained earnings . Given that Nextplay Technologies is a hitting penny stock territory we strongly suggest to closely look at its number of shares shorted.

Nextplay Technologies Trading Alerts and Improvement Suggestions

Nextplay Technologies is not yet fully synchronised with the market data
Nextplay Technologies may become a speculative penny stock
Nextplay Technologies has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 8.2 M. Net Loss for the year was (37.97 M) with profit before overhead, payroll, taxes, and interest of 5.86 M.
Nextplay Technologies currently holds about 3.03 M in cash with (22.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03.
Roughly 61.0% of the company outstanding shares are owned by corporate insiders

Nextplay Technologies Returns Distribution Density

The distribution of Nextplay Technologies' historical returns is an attempt to chart the uncertainty of Nextplay Technologies' future price movements. The chart of the probability distribution of Nextplay Technologies daily returns describes the distribution of returns around its average expected value. We use Nextplay Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nextplay Technologies returns is essential to provide solid investment advice for Nextplay Technologies.
Mean Return
-0.59
Value At Risk
-10
Potential Upside
8.74
Standard Deviation
6.58
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nextplay Technologies 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.
Note: Purchase by Wilton Mark A of 15000 shares of Nextplay Technologies [view details]

Nextplay Technologies Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nextplay . 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 Nextplay Technologies Buy or Sell Advice

When is the right time to buy or sell Nextplay Technologies? Buying financial instruments such as Nextplay OTC 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 Nextplay Technologies 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 Recreation Thematic Idea Now

Recreation
Recreation Theme
Companies involved in production and services of recreational goods, foods, and accessories. The Recreation theme has 39 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 Recreation Theme or any other thematic opportunities.
View All  Next Launch
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Other Consideration for investing in Nextplay OTC Stock

If you are still planning to invest in Nextplay Technologies check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nextplay Technologies' history and understand the potential risks before investing.
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Bonds Directory
Find actively traded corporate debentures issued by US companies
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Global Correlations
Find global opportunities by holding instruments from different markets
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm