Nexxen International Stock Performance
| NEXN Stock | 9.91 0.21 2.16% |
On a scale of 0 to 100, Nexxen International holds a performance score of 8. The company secures a Beta (Market Risk) of 1.02, which conveys a somewhat significant risk relative to the market. Nexxen International returns are very sensitive to returns on the market. As the market goes up or down, Nexxen International is expected to follow. Please check Nexxen International's semi variance, as well as the relationship between the daily balance of power and price action indicator , to make a quick decision on whether Nexxen International's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Nexxen International are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of very weak basic indicators, Nexxen International displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 217.5 M |
Nexxen |
Nexxen International Relative Risk vs. Return Landscape
If you would invest 797.00 in Nexxen International on August 24, 2024 and sell it today you would earn a total of 194.00 from holding Nexxen International or generate 24.34% return on investment over 90 days. Nexxen International is currently generating 0.4158% in daily expected returns and assumes 4.0278% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% of stocks are less volatile than Nexxen, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nexxen International Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexxen International's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nexxen International, and traders can use it to determine the average amount a Nexxen International'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 = 0.1032
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Estimated Market Risk
| 4.03 actual daily | 35 65% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Nexxen International is performing at about 8% of its full potential. 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 Nexxen International by adding it to a well-diversified portfolio.
Nexxen International Fundamentals Growth
Nexxen Stock prices reflect investors' perceptions of the future prospects and financial health of Nexxen International, and Nexxen International 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 Nexxen Stock performance.
| Return On Equity | -0.0036 | ||||
| Return On Asset | 0.0059 | ||||
| Profit Margin | (0.01) % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 503.17 M | ||||
| Shares Outstanding | 66.54 M | ||||
| Price To Book | 1.23 X | ||||
| Price To Sales | 1.90 X | ||||
| Revenue | 331.99 M | ||||
| EBITDA | 69.5 M | ||||
| Total Debt | 136.13 M | ||||
| Book Value Per Share | 3.72 X | ||||
| Cash Flow From Operations | 60.74 M | ||||
| Earnings Per Share | 0.18 X | ||||
| Total Asset | 904.8 M | ||||
| Retained Earnings | 135.01 M | ||||
About Nexxen International Performance
By examining Nexxen International's fundamental ratios, stakeholders can obtain critical insights into Nexxen International's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Nexxen International is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Nexxen International performance evaluation
Checking the ongoing alerts about Nexxen International for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nexxen International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nexxen International had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 331.99 M. Net Loss for the year was (21.49 M) with profit before overhead, payroll, taxes, and interest of 0. |
- Analyzing Nexxen International'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 Nexxen International's stock is overvalued or undervalued compared to its peers.
- Examining Nexxen International'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 Nexxen International's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexxen International's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nexxen International's stock. These opinions can provide insight into Nexxen International's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexxen International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. To learn how to invest in Nexxen Stock, please use our How to Invest in Nexxen International guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Business 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 Nexxen International. If investors know Nexxen 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 Nexxen International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nexxen International is measured differently than its book value, which is the value of Nexxen that is recorded on the company's balance sheet. Investors also form their own opinion of Nexxen International's value that differs from its market value or its book value, called intrinsic value, which is Nexxen International'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 Nexxen International's market value can be influenced by many factors that don't directly affect Nexxen International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexxen International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexxen International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexxen International'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.