Nextego Nv Ordinary Stock Performance
NexteGO NV holds a performance score of 5 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 7.41, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NexteGO NV will likely underperform. Use NexteGO NV Ordinary market risk adjusted performance and treynor ratio , to analyze future returns on NexteGO NV Ordinary.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in NexteGO NV Ordinary are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, NexteGO NV showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 11.1 M |
NexteGO |
NexteGO NV Relative Risk vs. Return Landscape
If you would invest 0.01 in NexteGO NV Ordinary on September 1, 2024 and sell it today you would lose (0.01) from holding NexteGO NV Ordinary or give up 100.0% of portfolio value over 90 days. NexteGO NV Ordinary is currently generating 3.5484% in daily expected returns and assumes 53.6564% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than NexteGO, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
NexteGO NV Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NexteGO NV's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NexteGO NV Ordinary, and traders can use it to determine the average amount a NexteGO NV's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0661
| Best Portfolio | Best Equity | |||
| Good Returns | EGOX | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 53.66 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.55 actual daily | 70 70% of assets have lower returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average NexteGO NV is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NexteGO NV by adding it to a well-diversified portfolio.
NexteGO NV Fundamentals Growth
NexteGO Stock prices reflect investors' perceptions of the future prospects and financial health of NexteGO NV, and NexteGO NV fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NexteGO Stock performance.
| Current Valuation | 161.36 M | ||||
| Shares Outstanding | 94.39 M | ||||
| Price To Sales | 0.0002 X | ||||
| Revenue | 5.71 M | ||||
| EBITDA | (45.58 M) | ||||
| Net Income | (57.71 M) | ||||
| Total Debt | 87.6 M | ||||
| Cash Flow From Operations | (26.77 M) | ||||
| Market Capitalization | 2.89 M | ||||
| Total Asset | 244.26 M | ||||
| Retained Earnings | 21.5 M | ||||
| Working Capital | (59.8 M) | ||||
About NexteGO NV Performance
Evaluating NexteGO NV's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if NexteGO NV has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NexteGO NV has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 60.46 | 119.66 | |
| Return On Tangible Assets | (1.08) | (1.13) | |
| Return On Capital Employed | (0.47) | (0.50) | |
| Return On Assets | (0.27) | (0.28) | |
| Return On Equity | (0.56) | (0.59) |
Things to note about NexteGO NV Ordinary performance evaluation
Checking the ongoing alerts about NexteGO NV for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NexteGO NV Ordinary help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NexteGO NV Ordinary is way too risky over 90 days horizon | |
| NexteGO NV Ordinary has some characteristics of a very speculative penny stock | |
| NexteGO NV Ordinary appears to be risky and price may revert if volatility continues | |
| NexteGO NV Ordinary has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 5.71 M. Net Loss for the year was (57.71 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NexteGO NV generates negative cash flow from operations | |
| NexteGO NV Ordinary has a frail financial position based on the latest SEC disclosures |
- Analyzing NexteGO NV's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NexteGO NV's stock is overvalued or undervalued compared to its peers.
- Examining NexteGO NV's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NexteGO NV's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NexteGO NV's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NexteGO NV's stock. These opinions can provide insight into NexteGO NV's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NexteGO Stock Analysis
When running NexteGO NV's price analysis, check to measure NexteGO NV'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 NexteGO NV is operating at the current time. Most of NexteGO NV's value examination focuses on studying past and present price action to predict the probability of NexteGO NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexteGO NV's price. Additionally, you may evaluate how the addition of NexteGO NV to your portfolios can decrease your overall portfolio volatility.