About 13.0% of Nxt Id outstanding shares are owned by corporate
insiders. Insiders ownership of Nxt-Id Inc refers to the amount of Nxt-Id Inc equity owned by Nxt Id officers, directors, relatives of the leadership team, or anyone who has access to private information before it's made available to the public. Check out our latest analysis of Nxt Id, including its current
ownership diagnostics.
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
The big decline in price over the last few months for Nxt-Id Incmay encourage shareholders to take a closer look at the firm as it is trading at a share price of
3.73 on
788,714 in trading volume. The company directors and management failed to add value to investors and positioning the firm supply of money to exploit market volatility in
October. However, diversifying your holdings with Nxt Id or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 8.03. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Nxt-Id Inc partners.
Will Nxt Id growth be viable after the surge?
Latest total risk alpha is at -0.99. 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 Bottom Line On Nxt-Id Inc
Although some other companies in the security & protection services industry are either recovering or due for a correction, Nxt Id may not be as strong as the others in terms of longer-term growth potentials. While some next week oriented shareholders may not share our view, we believe it may not be a good time to buy new shares of Nxt Id.
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
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 Gabriel Shpitalnik do not own shares of Nxt ID Inc. Please refer to our
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