Automotive Electric Power Steering Market to Reach 42 Billion, Globally, by 2032 at 5.8 percent CAGR Allied Ma - Benzinga
NTXVF Stock | USD 0.39 0.00 0.00% |
Roughly 54% of Nexteer Automotive's investor base is interested to short. The analysis of overall sentiment of trading Nexteer Automotive Group pink sheet suggests that many investors are impartial at this time. The current market sentiment, together with Nexteer Automotive's historical and current headlines, can help investors time the market. In addition, many technical investors use Nexteer Automotive stock news signals to limit their universe of possible portfolio assets.
Nexteer Automotive pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Nexteer daily returns and investor perception about the current price of Nexteer Automotive Group as well as its diversification or hedging effects on your existing portfolios.
Nexteer |
Automotive Electric Power Steering Market to Reach 42 Billion, Globally, by 2032 at 5.8 percent CAGR Allied Ma Benzinga
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Nexteer Automotive Fundamental Analysis
We analyze Nexteer Automotive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexteer Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexteer Automotive 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.
Beta
Beta Comparative Analysis
Nexteer Automotive is currently under evaluation in beta category among its peers. 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.
Nexteer Automotive Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nexteer Automotive pink sheet to make a market-neutral strategy. Peer analysis of Nexteer Automotive could also be used in its relative valuation, which is a method of valuing Nexteer Automotive by comparing valuation metrics with similar companies.
Peers
Nexteer Automotive Related Equities
DAN | Dana | 5.97 | ||||
AEVA | Aeva Technologies | 4.86 | ||||
INVZ | Innoviz Technologies | 4.41 | ||||
LAZR | Luminar Technologies | 4.26 | ||||
MGA | Magna International | 2.07 | ||||
FOXF | Fox Factory | 1.80 | ||||
AXL | American Axle | 1.06 | ||||
MBLY | Mobileye Global | 0.61 | ||||
QS | Quantumscape Corp | 0.39 | ||||
BWA | BorgWarner | 0.32 | ||||
HYLN | Hyliion Holdings | 0.27 | ||||
ADNT | Adient PLC | 0.10 | ||||
ALV | Autoliv | 0.69 | ||||
GNTX | Gentex | 1.00 | ||||
ECX | ECARX Holdings | 1.06 | ||||
HLLY | Holley | 2.04 |
Complementary Tools for Nexteer Pink Sheet analysis
When running Nexteer Automotive's price analysis, check to measure Nexteer Automotive'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 Nexteer Automotive is operating at the current time. Most of Nexteer Automotive's value examination focuses on studying past and present price action to predict the probability of Nexteer Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexteer Automotive's price. Additionally, you may evaluate how the addition of Nexteer Automotive to your portfolios can decrease your overall portfolio volatility.
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