Nanexa AB (Sweden) Performance
| NANEXA Stock | 1.56 0.05 3.31% |
Nanexa AB has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nanexa AB's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nanexa AB is expected to be smaller as well. Nanexa AB right now secures a risk of 5.08%. Please verify Nanexa AB expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Nanexa AB will be following its current price movements.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Nanexa AB are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat uncertain basic indicators, Nanexa AB may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
| Begin Period Cash Flow | 12.7 M | |
| Total Cashflows From Investing Activities | -25.8 M |
Nanexa |
Nanexa AB Relative Risk vs. Return Landscape
If you would invest 152.00 in Nanexa AB on August 29, 2024 and sell it today you would earn a total of 4.00 from holding Nanexa AB or generate 2.63% return on investment over 90 days. Nanexa AB is generating 0.1623% of daily returns and assumes 5.0816% volatility on return distribution over the 90 days horizon. Simply put, 45% of stocks are less volatile than Nanexa, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nanexa AB Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nanexa AB's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nanexa AB, and traders can use it to determine the average amount a Nanexa AB'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 = 0.0319
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Estimated Market Risk
| 5.08 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nanexa AB is performing at about 2% 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 Nanexa AB by adding it to a well-diversified portfolio.
Nanexa AB Fundamentals Growth
Nanexa Stock prices reflect investors' perceptions of the future prospects and financial health of Nanexa AB, and Nanexa AB 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 Nanexa Stock performance.
| Return On Equity | -0.39 | |||
| Return On Asset | -0.2 | |||
| Profit Margin | (2.23) % | |||
| Operating Margin | (2.00) % | |||
| Current Valuation | 34.48 M | |||
| Shares Outstanding | 60.7 M | |||
| Price To Book | 0.68 X | |||
| Price To Sales | 3.34 X | |||
| Revenue | 2.37 M | |||
| EBITDA | (28.35 M) | |||
| Total Debt | 2.57 M | |||
| Book Value Per Share | 2.19 X | |||
| Cash Flow From Operations | (25.13 M) | |||
| Earnings Per Share | (0.98) X | |||
| Total Asset | 165 M | |||
About Nanexa AB Performance
By analyzing Nanexa AB's fundamental ratios, stakeholders can gain valuable insights into Nanexa AB's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nanexa AB 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 Nanexa AB has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Nanexa AB performance evaluation
Checking the ongoing alerts about Nanexa AB for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nanexa AB help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nanexa AB had very high historical volatility over the last 90 days | |
| Nanexa AB may become a speculative penny stock | |
| The company reported the revenue of 2.37 M. Net Loss for the year was (36 M) with profit before overhead, payroll, taxes, and interest of 4.31 M. | |
| Nanexa AB generates negative cash flow from operations | |
| About 41.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nanexa AB'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 Nanexa AB's stock is overvalued or undervalued compared to its peers.
- Examining Nanexa AB'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 Nanexa AB's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nanexa AB's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nanexa AB's stock. These opinions can provide insight into Nanexa AB's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nanexa Stock analysis
When running Nanexa AB's price analysis, check to measure Nanexa AB'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 Nanexa AB is operating at the current time. Most of Nanexa AB's value examination focuses on studying past and present price action to predict the probability of Nanexa AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanexa AB's price. Additionally, you may evaluate how the addition of Nanexa AB to your portfolios can decrease your overall portfolio volatility.
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