Nexa Resources builds up today albeit modest market slip
 | By Rifka Kats | Macroaxis Story |
This article is aimed at all current or potential Nexa Resources investors. We will look into why albeit cyclical market disturbance, the long term basic indicators of the company are still strong. Nexa Resources Earnings Before Interest Taxes and Depreciation Amortization EBITDA are expected to increase significantly based on the last few years of reporting. The past year's Earnings Before Interest Taxes and Depreciation Amortization EBITDA were at 243.98 Million. The current year Invested Capital is expected to grow to about 4.4 B, whereas Average Assets are expected to decline to about 5.4 B. Nexa Resources S almost mirrors the market. The company returns are correlated to returns on the market. As market fluctuates, the company is expected to follow. The appearance of strong basic indicators of the company suggests short term price swing for investors of Nexa Resources.
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Reviewed by Raphi Shpitalnik
The company's average rating is Sell from 7 analysts. Nexa Resources S's average rating is Sell from 7 analysts. We provide buy, hold, or sell recommendation to complement the last-minute expert consensus on Nexa Resources S. Our dynamic recommendation engine harnesses multi - dimensional algorithm to analyze the entity potential to grow using all technical and fundamental data available at the time. Let me now analyze Nexa Resources Return On Asset. Based on latest financial disclosure Nexa Resources S has Return On Asset of -0.0267%. This is 103.61% lower than that of the Basic Materials sector, and significantly lower than that of Other Industrial Metals & Mining industry, The Return On Asset for all stocks is 80.93% lower than Nexa Resources S.
Using predictive technical analysis, we can analyze different prices and returns patterns and diagnose historical swings to determine the real value of Nexa Resources SA. In general, sophisticated investors focus on analyzing Nexa Resources stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Nexa Resources's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Nexa Resources's intrinsic value. In addition to deriving basic predictive indicators for Nexa Resources, many experienced traders also check how macroeconomic factors affect Nexa Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nexa Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
How does Nexa Stands against Peers?
Analyzing Nexa Resources competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Nexa Resources across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out Nexa Resources Competition DetailsNexa Resources Gross Profit
Nexa Resources Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Nexa Resources previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Nexa Resources Gross Profit growth over the last 10 years. Please check Nexa Resources' gross profit and other fundamental indicators for more details.
Details
The entity reported previous year revenue of 2.33 B. Net Loss for the year was (146.63 M) with profit before overhead, payroll, taxes, and interest of 387.62 M. Nexa Resources preserves 61.20 % of debt to equity. Nexa Resources is selling for under 6.66. That is 1.06% increase. Today the open price was 6.66. null
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This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Nexa Resources SA. Please refer to our Terms of Use for any information regarding our disclosure principles.