NAXS Nordic (Sweden) Performance
| NAXS Stock | SEK 51.80 0.40 0.78% |
The firm secures a Beta (Market Risk) of 0.29, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NAXS Nordic's returns are expected to increase less than the market. However, during the bear market, the loss of holding NAXS Nordic is expected to be smaller as well. At this point, NAXS Nordic Access has a negative expected return of -0.19%. Please make sure to verify NAXS Nordic's skewness, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to decide if NAXS Nordic Access performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days NAXS Nordic Access has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
| Begin Period Cash Flow | 219.1 M | |
| Total Cashflows From Investing Activities | 89.9 M | |
| Free Cash Flow | -10.2 M |
NAXS |
NAXS Nordic Relative Risk vs. Return Landscape
If you would invest 5,880 in NAXS Nordic Access on September 1, 2024 and sell it today you would lose (700.00) from holding NAXS Nordic Access or give up 11.9% of portfolio value over 90 days. NAXS Nordic Access is generating negative expected returns and assumes 1.0391% volatility on return distribution over the 90 days horizon. Simply put, 9% of stocks are less volatile than NAXS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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NAXS Nordic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NAXS Nordic's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NAXS Nordic Access, and traders can use it to determine the average amount a NAXS Nordic'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 = -0.1823
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| Negative Returns | NAXS |
Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.18 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NAXS Nordic 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 NAXS Nordic by adding NAXS Nordic to a well-diversified portfolio.
NAXS Nordic Fundamentals Growth
NAXS Stock prices reflect investors' perceptions of the future prospects and financial health of NAXS Nordic, and NAXS Nordic 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 NAXS Stock performance.
| Return On Equity | 0.2 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.93 % | |||
| Operating Margin | 0.92 % | |||
| Current Valuation | 408.2 M | |||
| Shares Outstanding | 11.08 M | |||
| Price To Earning | 44.99 X | |||
| Price To Book | 0.72 X | |||
| Price To Sales | 3.74 X | |||
| Revenue | 170.14 M | |||
| EBITDA | 166.56 M | |||
| Cash And Equivalents | 260.43 M | |||
| Cash Per Share | 21.87 X | |||
| Book Value Per Share | 86.59 X | |||
| Cash Flow From Operations | (10.17 M) | |||
| Earnings Per Share | 13.44 X | |||
| Total Asset | 824.41 M | |||
| Current Asset | 362 M | |||
| Current Liabilities | 1000 K | |||
About NAXS Nordic Performance
Assessing NAXS Nordic's fundamental ratios provides investors with valuable insights into NAXS Nordic's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the NAXS Nordic is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
NAXS AB is an investment firm specializing in fund of funds and secondary indirect investments. NAXS AB was founded in May 2007 and is based in Stockholm, Sweden. NAXS AB operates under Asset Management classification in Sweden and is traded on Stockholm Stock Exchange. It employs 1 people.Things to note about NAXS Nordic Access performance evaluation
Checking the ongoing alerts about NAXS Nordic for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NAXS Nordic Access help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NAXS Nordic Access generated a negative expected return over the last 90 days | |
| NAXS Nordic Access has accumulated about 260.43 M in cash with (10.17 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 21.87. | |
| Roughly 69.0% of the company shares are owned by institutional investors |
- Analyzing NAXS Nordic'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 NAXS Nordic's stock is overvalued or undervalued compared to its peers.
- Examining NAXS Nordic'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 NAXS Nordic's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NAXS Nordic's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NAXS Nordic's stock. These opinions can provide insight into NAXS Nordic's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NAXS Stock Analysis
When running NAXS Nordic's price analysis, check to measure NAXS Nordic'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 NAXS Nordic is operating at the current time. Most of NAXS Nordic's value examination focuses on studying past and present price action to predict the probability of NAXS Nordic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NAXS Nordic's price. Additionally, you may evaluate how the addition of NAXS Nordic to your portfolios can decrease your overall portfolio volatility.