Automotive Steering Systems Market 2023 Forecast Revenue in 2030 USD million with CAGR of percent - 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.
  
Automotive Steering Systems Market 2023 Forecast Revenue in 2030 USD million with CAGR of percent Benzinga

Read at news.google.com
Google News at Macroaxis
  

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.

Price To Sales

Price To Sales Comparative Analysis

Nexteer Automotive is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

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

DANDana   5.97   
0%
100.0%
AEVAAeva Technologies   4.86   
0%
81.0%
INVZInnoviz Technologies   4.41   
0%
73.0%
LAZRLuminar Technologies   4.26   
0%
71.0%
MGAMagna International   2.07   
0%
34.0%
FOXFFox Factory   1.80   
0%
30.0%
AXLAmerican Axle   1.06   
0%
17.0%
MBLYMobileye Global   0.61   
0%
10.0%
QSQuantumscape Corp   0.39   
0%
6.0%
BWABorgWarner   0.32   
0%
5.0%
HYLNHyliion Holdings   0.27   
0%
4.0%
ADNTAdient PLC   0.10   
0%
1.0%
ALVAutoliv   0.69   
11.0%
0%
GNTXGentex   1.00   
16.0%
0%
ECXECARX Holdings   1.06   
17.0%
0%
HLLYHolley   2.04   
34.0%
0%

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.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios