Is NFT Stock a Good Investment?
NFT Investment Advice | MI |
- Examine NFT's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research NFT's leadership team and their track record. Good management can help NFT navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the IT Consulting & Other Services space and any emerging trends that could impact NFT's business and its evolving consumer preferences.
- Compare NFT's performance and market position to its competitors. Analyze how NFT is positioned in terms of product offerings, innovation, and market share.
- Check if NFT pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about NFT's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in NFT Limited stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if NFT Limited is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine NFT Stock
Researching NFT's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 18.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.16. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NFT Limited recorded a loss per share of 127.66. The entity had not issued any dividends in recent years. The firm had 1:50 split on the 12th of April 2024.
To determine if NFT is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NFT's research are outlined below:
| NFT Limited is way too risky over 90 days horizon | |
| NFT Limited appears to be risky and price may revert if volatility continues | |
| NFT Limited has high likelihood to experience some financial distress in the next 2 years | |
| NFT Limited reports about 600.97 M in cash with (316.95 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.11, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 18.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: The Macomb Group Moves Cincinnati Operations to New Building |
NFT uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NFT Limited. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NFT's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 15th of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
NFT's market capitalization trends
The company currently falls under 'Micro-Cap' category with a market capitalization of 11.96 M.Market Cap |
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NFT's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.07 | |
| Return On Capital Employed | (0.01) | (0.02) | |
| Return On Assets | 0.07 | 0.07 | |
| Return On Equity | 0.09 | 0.09 |
Determining NFT's profitability involves analyzing its financial statements and using various financial metrics to determine if NFT is a good buy. For example, gross profit margin measures NFT's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NFT's profitability and make more informed investment decisions.
Evaluate NFT's management efficiency
As of now, NFT's Return On Tangible Assets are decreasing as compared to previous years. The NFT's current Return On Assets is estimated to increase to 0.07, while Return On Capital Employed is projected to decrease to (0.02). As of now, NFT's Return On Tangible Assets are decreasing as compared to previous years. The NFT's current Fixed Asset Turnover is estimated to increase to 154.94, while Total Assets are projected to decrease to under 46.2 M. NFT's management efficiency ratios could be used to measure how well NFT manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 30.44 | 28.92 | |
| Tangible Book Value Per Share | 30.44 | 28.92 | |
| Enterprise Value Over EBITDA | 48.42 | 55.78 | |
| Price Book Value Ratio | 0.32 | 0.30 | |
| Enterprise Value Multiple | 48.42 | 55.78 | |
| Price Fair Value | 0.32 | 0.30 | |
| Enterprise Value | -42.4 M | -40.3 M |
The operational strategies employed by NFT management play a crucial role in its market positioning. Assessing these strategies alongside financial data helps us evaluate the stock's investment potential.
Beta 3.032 |
Basic technical analysis of NFT Stock
As of the 22nd of November, NFT secures the Risk Adjusted Performance of 0.04, market risk adjusted performance of 0.2275, and Mean Deviation of 6.08. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NFT Limited, as well as the relationship between them.NFT's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NFT insiders, such as employees or executives, is commonly permitted as long as it does not rely on NFT's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NFT insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand NFT's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing NFT's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.04 | |||
| Market Risk Adjusted Performance | 0.2275 | |||
| Mean Deviation | 6.08 | |||
| Semi Deviation | 12.61 | |||
| Downside Deviation | 14.66 | |||
| Coefficient Of Variation | 2462.25 | |||
| Standard Deviation | 11.72 | |||
| Variance | 137.41 | |||
| Information Ratio | 0.0325 | |||
| Jensen Alpha | 0.2831 | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | 0.026 | |||
| Treynor Ratio | 0.2175 | |||
| Maximum Drawdown | 98.71 | |||
| Value At Risk | (9.29) | |||
| Potential Upside | 15.79 | |||
| Downside Variance | 214.83 | |||
| Semi Variance | 159.11 | |||
| Expected Short fall | (6.01) | |||
| Skewness | (2.46) | |||
| Kurtosis | 17.13 |
| Risk Adjusted Performance | 0.04 | |||
| Market Risk Adjusted Performance | 0.2275 | |||
| Mean Deviation | 6.08 | |||
| Semi Deviation | 12.61 | |||
| Downside Deviation | 14.66 | |||
| Coefficient Of Variation | 2462.25 | |||
| Standard Deviation | 11.72 | |||
| Variance | 137.41 | |||
| Information Ratio | 0.0325 | |||
| Jensen Alpha | 0.2831 | |||
| Total Risk Alpha | (0.86) | |||
| Sortino Ratio | 0.026 | |||
| Treynor Ratio | 0.2175 | |||
| Maximum Drawdown | 98.71 | |||
| Value At Risk | (9.29) | |||
| Potential Upside | 15.79 | |||
| Downside Variance | 214.83 | |||
| Semi Variance | 159.11 | |||
| Expected Short fall | (6.01) | |||
| Skewness | (2.46) | |||
| Kurtosis | 17.13 |
Consider NFT's intraday indicators
NFT intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NFT stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
NFT Corporate Filings
6K | 1st of October 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 16th of May 2024 Other Reports | ViewVerify | |
| 30th of April 2024 Other Reports | ViewVerify |
NFT Stock media impact
Far too much social signal, news, headlines, and media speculation about NFT that are available to investors today. That information is available publicly through NFT media outlets and privately through word of mouth or via NFT internal channels. However, regardless of the origin, that massive amount of NFT data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of NFT news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of NFT relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to NFT's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive NFT alpha.
NFT Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards NFT can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NFT Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NFT. If investors know NFT will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NFT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.85) | Earnings Share (127.66) | Revenue Per Share 0.312 | Quarterly Revenue Growth (0.66) | Return On Assets (0.01) |
The market value of NFT Limited is measured differently than its book value, which is the value of NFT that is recorded on the company's balance sheet. Investors also form their own opinion of NFT's value that differs from its market value or its book value, called intrinsic value, which is NFT's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NFT's market value can be influenced by many factors that don't directly affect NFT's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between NFT's value and its price, as these two are different measures arrived at by various means. Investors typically determine if NFT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NFT's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.