Nayax Stock Beta
| NYAX Stock | USD 28.69 1.39 5.09% |
Nayax fundamentals help investors to digest information that contributes to Nayax's financial success or failures. It also enables traders to predict the movement of Nayax Stock. The fundamental analysis module provides a way to measure Nayax'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 Nayax stock.
Nayax | Beta |
Nayax Company Beta Analysis
Nayax'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 Nayax Beta | -0.38 |
Most of Nayax'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, Nayax is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nayax Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Nayax is extremely important. It helps to project a fair market value of Nayax Stock properly, considering its historical fundamentals such as Beta. Since Nayax'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 Nayax'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 Nayax's interrelated accounts and indicators.
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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, Nayax has a Beta of -0.376. This is 135.47% lower than that of the Software sector and 130.57% lower than that of the Information Technology industry. The beta for all United States stocks is 150.67% higher than that of the company.
Nayax Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nayax'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 Nayax could also be used in its relative valuation, which is a method of valuing Nayax by comparing valuation metrics of similar companies.Nayax is currently under evaluation in beta category among its peers.
Nayax ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Nayax's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nayax's managers, analysts, and investors.Environmental | Governance | Social |
As returns on the market increase, returns on owning Nayax are expected to decrease at a much lower rate. During the bear market, Nayax is likely to outperform the market.
Nayax Fundamentals
| Return On Equity | -0.11 | ||||
| Return On Asset | -0.0072 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 959.31 M | ||||
| Shares Outstanding | 36.26 M | ||||
| Shares Owned By Insiders | 67.37 % | ||||
| Shares Owned By Institutions | 19.85 % | ||||
| Number Of Shares Shorted | 87.49 K | ||||
| Price To Book | 6.06 X | ||||
| Price To Sales | 3.69 X | ||||
| Revenue | 235.49 M | ||||
| Gross Profit | 60.04 M | ||||
| EBITDA | 458 K | ||||
| Net Income | (16.14 M) | ||||
| Cash And Equivalents | 47.88 M | ||||
| Cash Per Share | 1.46 X | ||||
| Total Debt | 75.1 M | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 1.52 X | ||||
| Book Value Per Share | 2.93 X | ||||
| Cash Flow From Operations | 23.94 M | ||||
| Short Ratio | 6.77 X | ||||
| Earnings Per Share | (0.42) X | ||||
| Target Price | 28.25 | ||||
| Number Of Employees | 1.1 K | ||||
| Beta | -0.38 | ||||
| Market Capitalization | 952.37 M | ||||
| Total Asset | 321.18 M | ||||
| Retained Earnings | (65.58 M) | ||||
| Working Capital | (373 K) | ||||
| Net Asset | 321.18 M |
About Nayax Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nayax's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nayax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nayax 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Nayax Stock Analysis
When running Nayax's price analysis, check to measure Nayax'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 Nayax is operating at the current time. Most of Nayax's value examination focuses on studying past and present price action to predict the probability of Nayax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nayax's price. Additionally, you may evaluate how the addition of Nayax to your portfolios can decrease your overall portfolio volatility.