Nexity Financial Stock Net Income
| NXTYQ Stock | USD 0.0001 0.00 0.00% |
Nexity Financial's fundamental analysis aims to assess its intrinsic value by examining key economic and financial indicators - such as cash flow records, changes in balance sheet accounts, income statement trends, financial ratios, and relevant microeconomic factors affecting Nexity Pink Sheet price.
Nexity |
Nexity Financial Company Net Income Analysis
Nexity Financial's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Nexity Financial Net Income | (13.02 M) |
Most of Nexity Financial's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexity Financial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Based on the recorded statements, Nexity Financial reported net income of (13.02 Million). This is 101.02% lower than that of the Banks sector and significantly lower than that of the Financials industry. The net income for all United States stocks is 102.28% higher than that of the company.
Nexity Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexity Financial's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nexity Financial could also be used in its relative valuation, which is a method of valuing Nexity Financial by comparing valuation metrics of similar companies.Nexity Financial is currently under evaluation in net income category among its peers.
Nexity Fundamentals
| Return On Equity | -0.21 | |||
| Return On Asset | -0.013 | |||
| Profit Margin | (3.00) % | |||
| Operating Margin | (5.19) % | |||
| Current Valuation | 220.33 M | |||
| Number Of Shares Shorted | 7.91 K | |||
| Price To Book | 0.01 X | |||
| Price To Sales | 0 X | |||
| Revenue | 4.35 M | |||
| Gross Profit | 4.35 M | |||
| Net Income | (13.02 M) | |||
| Cash And Equivalents | 101.86 M | |||
| Cash Per Share | 13.11 X | |||
| Book Value Per Share | 7.50 X | |||
| Short Ratio | 1.06 X | |||
| Earnings Per Share | (1.68) X | |||
| Target Price | 9.0 | |||
| Number Of Employees | 11 | |||
| Beta | 6.06 | |||
| Market Capitalization | 5.82 K | |||
| Total Asset | 1.06 B | |||
| Retained Earnings | 8.91 M | |||
| Net Asset | 1.06 B |
About Nexity Financial Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nexity Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexity Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexity Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Nexity Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexity Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexity Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nexity Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexity Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexity Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexity Financial to buy it.
The correlation of Nexity Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexity Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexity Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexity Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Nexity Pink Sheet Analysis
When running Nexity Financial's price analysis, check to measure Nexity Financial'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 Nexity Financial is operating at the current time. Most of Nexity Financial's value examination focuses on studying past and present price action to predict the probability of Nexity Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexity Financial's price. Additionally, you may evaluate how the addition of Nexity Financial to your portfolios can decrease your overall portfolio volatility.