Ngx Energy International Stock Performance
| GASX Stock | CAD 0.92 0.02 2.13% |
The company secures a Beta (Market Risk) of -0.0933, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ngx Energy are expected to decrease at a much lower rate. During the bear market, Ngx Energy is likely to outperform the market. At this point, Ngx Energy International has a negative expected return of -0.23%. Please make sure to verify Ngx Energy's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Ngx Energy International performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Ngx Energy International has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:10 | Dividend Date 2018-09-04 | Ex Dividend Date 2016-06-08 | Last Split Date 2018-09-04 |
| Begin Period Cash Flow | 7 M |
Ngx |
Ngx Energy Relative Risk vs. Return Landscape
If you would invest 109.00 in Ngx Energy International on August 27, 2024 and sell it today you would lose (17.00) from holding Ngx Energy International or give up 15.6% of portfolio value over 90 days. Ngx Energy International is producing return of less than zero assuming 2.8868% volatility of returns over the 90 days investment horizon. Simply put, 25% of all stocks have less volatile historical return distribution than Ngx Energy, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ngx Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ngx Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ngx Energy International, and traders can use it to determine the average amount a Ngx Energy'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 = -0.079
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GASX |
Estimated Market Risk
| 2.89 actual daily | 25 75% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ngx Energy 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 Ngx Energy by adding Ngx Energy to a well-diversified portfolio.
Ngx Energy Fundamentals Growth
Ngx Stock prices reflect investors' perceptions of the future prospects and financial health of Ngx Energy, and Ngx Energy 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 Ngx Stock performance.
| Return On Equity | -2.63 | ||||
| Return On Asset | -0.0177 | ||||
| Profit Margin | (2.20) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 321.29 M | ||||
| Shares Outstanding | 254.54 M | ||||
| Price To Book | 5.63 X | ||||
| Price To Sales | 10.38 X | ||||
| Revenue | 12.04 M | ||||
| Gross Profit | 248.5 K | ||||
| EBITDA | 10.49 M | ||||
| Net Income | (16.68 M) | ||||
| Cash And Equivalents | 2.35 M | ||||
| Cash Per Share | 0.03 X | ||||
| Total Debt | 1 M | ||||
| Debt To Equity | 1.16 % | ||||
| Current Ratio | 2.01 X | ||||
| Book Value Per Share | 0.14 X | ||||
| Cash Flow From Operations | (3.55 M) | ||||
| Earnings Per Share | (0.42) X | ||||
| Market Capitalization | 239.26 M | ||||
| Total Asset | 106.86 M | ||||
| Retained Earnings | (137.66 M) | ||||
| Working Capital | (12.81 M) | ||||
About Ngx Energy Performance
Evaluating Ngx Energy's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Ngx Energy 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 Ngx Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 19.22 | 18.26 | |
| Return On Tangible Assets | (0.16) | (0.16) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.16) | (0.16) | |
| Return On Equity | (1.65) | (1.74) |
Things to note about Ngx Energy International performance evaluation
Checking the ongoing alerts about Ngx Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ngx Energy International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ngx Energy generated a negative expected return over the last 90 days | |
| Ngx Energy has some characteristics of a very speculative penny stock | |
| Ngx Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 12.04 M. Net Loss for the year was (16.68 M) with profit before overhead, payroll, taxes, and interest of 248.5 K. | |
| Ngx Energy International has accumulated about 2.35 M in cash with (3.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.03. | |
| Roughly 41.0% of the company shares are held by company insiders |
- Analyzing Ngx Energy'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 Ngx Energy's stock is overvalued or undervalued compared to its peers.
- Examining Ngx Energy'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 Ngx Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ngx Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ngx Energy's stock. These opinions can provide insight into Ngx Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Ngx Stock Analysis
When running Ngx Energy's price analysis, check to measure Ngx Energy'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 Ngx Energy is operating at the current time. Most of Ngx Energy's value examination focuses on studying past and present price action to predict the probability of Ngx Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ngx Energy's price. Additionally, you may evaluate how the addition of Ngx Energy to your portfolios can decrease your overall portfolio volatility.