Nexa Resources (Peru) Performance
| NEXAPEC1 | 1.57 0.04 2.48% |
The company secures a Beta (Market Risk) of 0.45, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nexa Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Nexa Resources is expected to be smaller as well. At this point, Nexa Resources Peru has a negative expected return of -0.1%. Please make sure to verify Nexa Resources' potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Nexa Resources Peru performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Very Weak
Over the last 90 days Nexa Resources Peru has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's technical and fundamental indicators remain sound and the latest tumult on Wall Street may also be a sign of longer-term gains for the firm shareholders. ...more
Nexa |
Nexa Resources Relative Risk vs. Return Landscape
If you would invest 166.00 in Nexa Resources Peru on August 31, 2024 and sell it today you would lose (9.00) from holding Nexa Resources Peru or give up 5.42% of portfolio value over 90 days. Nexa Resources Peru is generating negative expected returns and assumes 1.2065% volatility on return distribution over the 90 days horizon. Simply put, 10% of stocks are less volatile than Nexa, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nexa Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexa Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nexa Resources Peru, and traders can use it to determine the average amount a Nexa Resources' 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 = -0.0864
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEXAPEC1 |
Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nexa Resources 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 Nexa Resources by adding Nexa Resources to a well-diversified portfolio.
About Nexa Resources Performance
By analyzing Nexa Resources' fundamental ratios, stakeholders can gain valuable insights into Nexa Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nexa Resources 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 Nexa Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Nexa Resources Peru performance evaluation
Checking the ongoing alerts about Nexa Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nexa Resources Peru help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nexa Resources Peru generated a negative expected return over the last 90 days | |
| Nexa Resources Peru may become a speculative penny stock |
- Analyzing Nexa Resources' 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 Nexa Resources' stock is overvalued or undervalued compared to its peers.
- Examining Nexa Resources' 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 Nexa Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexa Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nexa Resources' stock. These opinions can provide insight into Nexa Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nexa Stock analysis
When running Nexa Resources' price analysis, check to measure Nexa Resources' 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 Nexa Resources is operating at the current time. Most of Nexa Resources' value examination focuses on studying past and present price action to predict the probability of Nexa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexa Resources' price. Additionally, you may evaluate how the addition of Nexa Resources to your portfolios can decrease your overall portfolio volatility.
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
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