Next Entertainment (Korea) Performance
| 160550 Stock | KRW 2,290 20.00 0.88% |
The company secures a Beta (Market Risk) of -0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Next Entertainment are expected to decrease at a much lower rate. During the bear market, Next Entertainment is likely to outperform the market. At this point, Next Entertainment World has a negative expected return of -0.11%. Please make sure to verify Next Entertainment's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Next Entertainment World performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Next Entertainment World has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
| Total Cashflows From Investing Activities | -15 B |
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Next Entertainment Relative Risk vs. Return Landscape
If you would invest 251,000 in Next Entertainment World on August 28, 2024 and sell it today you would lose (22,000) from holding Next Entertainment World or give up 8.76% of portfolio value over 90 days. Next Entertainment World is generating negative expected returns and assumes 3.1258% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Next, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Next Entertainment Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Next Entertainment's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Next Entertainment World, and traders can use it to determine the average amount a Next Entertainment's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0346
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| Negative Returns | 160550 |
Estimated Market Risk
| 3.13 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Next Entertainment is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Next Entertainment by adding Next Entertainment to a well-diversified portfolio.
Next Entertainment Fundamentals Growth
Next Stock prices reflect investors' perceptions of the future prospects and financial health of Next Entertainment, and Next Entertainment fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Next Stock performance.
| Return On Equity | -13.9 | |||
| Return On Asset | -0.007 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | (0.02) % | |||
| Current Valuation | 341.49 B | |||
| Shares Outstanding | 27.91 M | |||
| Price To Sales | 2.77 X | |||
| Revenue | 146.06 B | |||
| EBITDA | 2.76 B | |||
| Cash And Equivalents | 36.55 B | |||
| Total Debt | 30.92 B | |||
| Debt To Equity | 0.52 % | |||
| Cash Flow From Operations | (41.95 B) | |||
| Total Asset | 347.54 B | |||
About Next Entertainment Performance
By analyzing Next Entertainment's fundamental ratios, stakeholders can gain valuable insights into Next Entertainment's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Next Entertainment has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Next Entertainment has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Next Entertainment World Co., Ltd. operates as a content distribution company in South Korea. The company was founded in 2008 and is headquartered in Seoul, South Korea. NEW is traded on Korean Securities Dealers Automated Quotations in South Korea.Things to note about Next Entertainment World performance evaluation
Checking the ongoing alerts about Next Entertainment for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Next Entertainment World help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Next Entertainment generated a negative expected return over the last 90 days | |
| Next Entertainment has high historical volatility and very poor performance | |
| The company reported the revenue of 146.06 B. Net Loss for the year was (38.18 B) with profit before overhead, payroll, taxes, and interest of 35.74 B. | |
| Next Entertainment World has accumulated about 36.55 B in cash with (41.95 B) of positive cash flow from operations. | |
| Roughly 49.0% of the company shares are owned by insiders or employees |
- Analyzing Next Entertainment's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Next Entertainment's stock is overvalued or undervalued compared to its peers.
- Examining Next Entertainment's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Next Entertainment's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Next Entertainment's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Next Entertainment's stock. These opinions can provide insight into Next Entertainment's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Next Stock analysis
When running Next Entertainment's price analysis, check to measure Next Entertainment'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 Next Entertainment is operating at the current time. Most of Next Entertainment's value examination focuses on studying past and present price action to predict the probability of Next Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Entertainment's price. Additionally, you may evaluate how the addition of Next Entertainment to your portfolios can decrease your overall portfolio volatility.
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