Next Hydrogen Solutions Stock Performance
| NXH Stock | 0.41 0.03 6.82% |
The company secures a Beta (Market Risk) of 1.26, 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, Next Hydrogen will likely underperform. At this point, Next Hydrogen Solutions has a negative expected return of -0.0495%. Please make sure to verify Next Hydrogen's downside variance and the relationship between the kurtosis and period momentum indicator , to decide if Next Hydrogen Solutions performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Next Hydrogen Solutions has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Next Hydrogen is not utilizing all of its potentials. The newest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Next Hydrogen Announces 3M Convertible Debentures Offering - TipRanks | 11/12/2024 |
| Begin Period Cash Flow | 22.1 M | |
| Free Cash Flow | -10.7 M |
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Next Hydrogen Relative Risk vs. Return Landscape
If you would invest 48.00 in Next Hydrogen Solutions on August 30, 2024 and sell it today you would lose (7.00) from holding Next Hydrogen Solutions or give up 14.58% of portfolio value over 90 days. Next Hydrogen Solutions is currently producing negative expected returns and takes up 6.4134% volatility of returns over 90 trading days. Put another way, 57% of traded stocks are less volatile than Next, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Next Hydrogen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Next Hydrogen's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Next Hydrogen Solutions, and traders can use it to determine the average amount a Next Hydrogen'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 = -0.0077
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| Negative Returns | NXH |
Estimated Market Risk
| 6.41 actual daily | 57 57% of assets are less volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Next Hydrogen is not performing at its full potential. However, 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 Next Hydrogen by adding Next Hydrogen to a well-diversified portfolio.
Next Hydrogen Fundamentals Growth
Next Stock prices reflect investors' perceptions of the future prospects and financial health of Next Hydrogen, and Next Hydrogen 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 Next Stock performance.
| Return On Equity | -1.1 | ||||
| Return On Asset | -0.34 | ||||
| Operating Margin | (7.10) % | ||||
| Current Valuation | 8.2 M | ||||
| Shares Outstanding | 22.9 M | ||||
| Price To Book | 5.31 X | ||||
| Price To Sales | 4.72 X | ||||
| Revenue | 951.91 K | ||||
| Gross Profit | 95.35 K | ||||
| EBITDA | (12.72 M) | ||||
| Net Income | (12.01 M) | ||||
| Total Debt | 62.85 K | ||||
| Book Value Per Share | 0.55 X | ||||
| Cash Flow From Operations | (8.22 M) | ||||
| Earnings Per Share | (0.63) X | ||||
| Market Capitalization | 9.39 M | ||||
| Total Asset | 25.44 M | ||||
| Retained Earnings | (69.77 M) | ||||
| Working Capital | 11.64 M | ||||
About Next Hydrogen Performance
Evaluating Next Hydrogen's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Next Hydrogen 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 Next Hydrogen 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 | 972.96 | 924.32 | |
| Return On Tangible Assets | (0.49) | (0.51) | |
| Return On Capital Employed | (0.60) | (0.63) | |
| Return On Assets | (0.47) | (0.50) | |
| Return On Equity | (0.95) | (1.00) |
Things to note about Next Hydrogen Solutions performance evaluation
Checking the ongoing alerts about Next Hydrogen for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Next Hydrogen Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Next Hydrogen generated a negative expected return over the last 90 days | |
| Next Hydrogen has high historical volatility and very poor performance | |
| Next Hydrogen has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 951.91 K. Net Loss for the year was (12.01 M) with profit before overhead, payroll, taxes, and interest of 95.35 K. | |
| Next Hydrogen generates negative cash flow from operations | |
| About 19.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Next Hydrogen Announces 3M Convertible Debentures Offering - TipRanks |
- Analyzing Next Hydrogen'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 Next Hydrogen's stock is overvalued or undervalued compared to its peers.
- Examining Next Hydrogen'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 Next Hydrogen's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Next Hydrogen's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Next Hydrogen's stock. These opinions can provide insight into Next Hydrogen's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Next Stock Analysis
When running Next Hydrogen's price analysis, check to measure Next Hydrogen'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 Next Hydrogen is operating at the current time. Most of Next Hydrogen's value examination focuses on studying past and present price action to predict the probability of Next Hydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Hydrogen's price. Additionally, you may evaluate how the addition of Next Hydrogen to your portfolios can decrease your overall portfolio volatility.