Nxu Inc Stock Beta
NXU Stock | USD 0.26 0.02 8.33% |
Nxu Inc fundamentals help investors to digest information that contributes to Nxu's financial success or failures. It also enables traders to predict the movement of Nxu Stock. The fundamental analysis module provides a way to measure Nxu's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nxu stock.
Nxu | Beta |
Nxu Inc Company Beta Analysis
Nxu's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Nxu Beta | 1.23 |
Most of Nxu's fundamental indicators, such as Beta, 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, Nxu Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nxu Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Nxu is extremely important. It helps to project a fair market value of Nxu Stock properly, considering its historical fundamentals such as Beta. Since Nxu's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nxu's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nxu's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, Nxu Inc has a Beta of 1.225. This is 49.39% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.
Nxu Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nxu's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nxu could also be used in its relative valuation, which is a method of valuing Nxu by comparing valuation metrics of similar companies.Nxu is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nxu will likely underperform.
Nxu Fundamentals
Return On Equity | -6.43 | ||||
Return On Asset | -1.65 | ||||
Operating Margin | (659.00) % | ||||
Current Valuation | 2.82 M | ||||
Shares Outstanding | 11.93 M | ||||
Shares Owned By Insiders | 2.98 % | ||||
Shares Owned By Institutions | 1.86 % | ||||
Number Of Shares Shorted | 1.38 M | ||||
Price To Book | 1.22 X | ||||
Price To Sales | 8.09 X | ||||
Revenue | 496 K | ||||
EBITDA | (39.42 M) | ||||
Net Income | (40.18 M) | ||||
Cash And Equivalents | 882.59 K | ||||
Cash Per Share | 0.03 X | ||||
Total Debt | 1.56 M | ||||
Current Ratio | 0.93 X | ||||
Book Value Per Share | 0.63 X | ||||
Cash Flow From Operations | (27.99 M) | ||||
Short Ratio | 0.10 X | ||||
Earnings Per Share | 72.45 X | ||||
Target Price | 112.5 | ||||
Number Of Employees | 36 | ||||
Beta | 1.23 | ||||
Market Capitalization | 4.71 M | ||||
Total Asset | 13.26 M | ||||
Retained Earnings | (259.64 M) | ||||
Working Capital | (1.51 M) | ||||
Net Asset | 13.26 M |
About Nxu Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nxu Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nxu using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nxu Inc 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.
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Additional Tools for Nxu Stock Analysis
When running Nxu's price analysis, check to measure Nxu'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 Nxu is operating at the current time. Most of Nxu's value examination focuses on studying past and present price action to predict the probability of Nxu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nxu's price. Additionally, you may evaluate how the addition of Nxu to your portfolios can decrease your overall portfolio volatility.