Nxt Id is OVERVALUED at 2.42 per share with modest projections ahead.
Nxt Id is out of control given 3 months investment horizon.
Nxt-Id Inc has Sharpe Ratio of 0.12, which conveys that the firm had 0.12% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use
Nxt-Id Inc market data together with company specific
technical indicators. We were able to interpolate and analyze data for twenty-seven different
technical indicators, which can help you to evaluate if expected returns of 10.17% are justified by taking the suggested risk. Use Nxt-Id Inc Risk Adjusted Performance of 0.0929,
downside deviation of 6.4, and Mean Deviation of 21.43 to evaluate company specific risk that cannot be
diversified away.
How important is Nxt ID's Liquidity
Nxt ID
financial leverage refers to using borrowed capital as a funding source to finance Nxt ID Inc ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Nxt ID financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Nxt ID's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Nxt ID's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Nxt ID's total debt and its cash.
Detailed Perspective On Nxt ID
Nxt-Id Inc reported the previous year's revenue of 10.44
M. Net Loss for the year was (10.39
M) with profit before overhead, payroll, taxes, and interest of 8.2
M.
Can Nxt Id build up on the latest surge?
Latest semi variance is at 19.33. Nxt-Id Inc is displaying above-average volatility over the selected time horizon. Investors should scrutinize Nxt-Id Inc independently to ensure intended market timing strategies are aligned with expectations about Nxt Id volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nxt Id's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nxt Id's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Nxt Id Implied Volatility
Nxt Id's implied volatility exposes the market's sentiment of Nxt-Id Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Nxt Id's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Nxt Id stock will not fluctuate a lot when Nxt Id's options are near their expiration.
Our Takeaway on Nxt Id Investment
Although many other companies under the security & protection services industry are still a bit expensive, Nxt Id may offer a potential longer-term growth to shareholders. On the whole, as of the 30th of October 2021, our research shows that Nxt Id is a rather out of control investment opportunity with a
very small odds of distress in the next two years. From a slightly different view, the entity currently appears to be
overvalued. Our latest 90 days buy-hold-sell advice on the firm is
Strong Sell.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile 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 Ellen Johnson do not own shares of Nxt ID Inc. Please refer to our
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