Nexteer Automotive Group Stock Performance
| NTXVF Stock | USD 0.39 0.00 0.00% |
On a scale of 0 to 100, Nexteer Automotive holds a performance score of 9. The company secures a Beta (Market Risk) of -0.0554, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nexteer Automotive are expected to decrease at a much lower rate. During the bear market, Nexteer Automotive is likely to outperform the market. Please check Nexteer Automotive's risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to make a quick decision on whether Nexteer Automotive's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Nexteer Automotive Group are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Nexteer Automotive reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 553.4 M | |
| Total Cashflows From Investing Activities | -285.7 M | |
| Free Cash Flow | 287.4 M |
Nexteer |
Nexteer Automotive Relative Risk vs. Return Landscape
If you would invest 33.00 in Nexteer Automotive Group on August 31, 2024 and sell it today you would earn a total of 6.00 from holding Nexteer Automotive Group or generate 18.18% return on investment over 90 days. Nexteer Automotive Group is currently producing 0.2923% returns and takes up 2.4018% volatility of returns over 90 trading days. Put another way, 21% of traded pink sheets are less volatile than Nexteer, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nexteer Automotive Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexteer Automotive's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nexteer Automotive Group, and traders can use it to determine the average amount a Nexteer Automotive'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 = 0.1217
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Estimated Market Risk
| 2.4 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Nexteer Automotive is performing at about 9% 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 Nexteer Automotive by adding it to a well-diversified portfolio.
Nexteer Automotive Fundamentals Growth
Nexteer Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nexteer Automotive, and Nexteer Automotive 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 Nexteer Pink Sheet performance.
| Return On Equity | 0.0155 | |||
| Return On Asset | 0.0068 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 1.47 B | |||
| Shares Outstanding | 2.51 B | |||
| Price To Earning | 13.13 X | |||
| Price To Book | 0.83 X | |||
| Price To Sales | 0.46 X | |||
| Revenue | 3.36 B | |||
| EBITDA | 117.34 M | |||
| Cash And Equivalents | 317.45 M | |||
| Cash Per Share | 0.13 X | |||
| Total Debt | 164.53 M | |||
| Debt To Equity | 0.09 % | |||
| Book Value Per Share | 0.75 X | |||
| Cash Flow From Operations | 287.38 M | |||
| Earnings Per Share | 0.01 X | |||
| Total Asset | 3.21 B | |||
About Nexteer Automotive Performance
By analyzing Nexteer Automotive's fundamental ratios, stakeholders can gain valuable insights into Nexteer Automotive's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nexteer Automotive 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 Nexteer Automotive has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nexteer Automotive Group Limited, an investment holding company, designs, develops, manufactures, and distributes steering and driveline systems and components for automobile manufacturers and other automotive-related companies. Nexteer Automotive Group Limited is a subsidiary of Nexteer Automotive Holdings Limited. Nexteer Automotive operates under Auto Parts classification in the United States and is traded on OTC Exchange. It employs 12100 people.Things to note about Nexteer Automotive performance evaluation
Checking the ongoing alerts about Nexteer Automotive for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nexteer Automotive help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nexteer Automotive has some characteristics of a very speculative penny stock | |
| About 65.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nexteer Automotive'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 Nexteer Automotive's stock is overvalued or undervalued compared to its peers.
- Examining Nexteer Automotive'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 Nexteer Automotive's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexteer Automotive's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nexteer Automotive's pink sheet. These opinions can provide insight into Nexteer Automotive's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nexteer Pink Sheet analysis
When running Nexteer Automotive's price analysis, check to measure Nexteer Automotive'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 Nexteer Automotive is operating at the current time. Most of Nexteer Automotive's value examination focuses on studying past and present price action to predict the probability of Nexteer Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexteer Automotive's price. Additionally, you may evaluate how the addition of Nexteer Automotive to your portfolios can decrease your overall portfolio volatility.
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