Nextsource Materials Stock Performance
| NEXT Stock | CAD 0.55 0.03 5.77% |
On a scale of 0 to 100, NextSource Materials holds a performance score of 7. The company secures a Beta (Market Risk) of 1.25, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NextSource Materials will likely underperform. Please check NextSource Materials' potential upside, semi variance, and the relationship between the value at risk and downside variance , to make a quick decision on whether NextSource Materials' current price movements will revert.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in NextSource Materials are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, NextSource Materials displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 14.7 M | |
| Total Cashflows From Investing Activities | -13.5 M |
NextSource |
NextSource Materials Relative Risk vs. Return Landscape
If you would invest 44.00 in NextSource Materials on October 30, 2025 and sell it today you would earn a total of 11.00 from holding NextSource Materials or generate 25.0% return on investment over 90 days. NextSource Materials is generating 0.4749% of daily returns and assumes 4.8775% volatility on return distribution over the 90 days horizon. Simply put, 43% of stocks are less volatile than NextSource, and 91% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NextSource Materials Target Price Odds to finish over Current Price
The tendency of NextSource Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.55 | 90 days | 0.55 | about 1.84 |
Based on a normal probability distribution, the odds of NextSource Materials to move above the current price in 90 days from now is about 1.84 (This NextSource Materials probability density function shows the probability of NextSource Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.25 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, NextSource Materials will likely underperform. Additionally NextSource Materials has an alpha of 0.384, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NextSource Materials Price Density |
| Price |
Predictive Modules for NextSource Materials
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NextSource Materials. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.NextSource Materials Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NextSource Materials is not an exception. The market had few large corrections towards the NextSource Materials' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold NextSource Materials, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NextSource Materials within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 1.25 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | 0.08 |
NextSource Materials Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NextSource Materials for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NextSource Materials can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NextSource Materials has some characteristics of a very speculative penny stock | |
| NextSource Materials had very high historical volatility over the last 90 days | |
| NextSource Materials has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 714.84 K. Net Loss for the year was (23.26 M) with loss before overhead, payroll, taxes, and interest of (8.78 M). | |
| NextSource Materials has accumulated about 3.28 M in cash with (29.64 M) of positive cash flow from operations. | |
| Roughly 49.0% of the company outstanding shares are owned by corporate insiders |
NextSource Materials Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of NextSource Stock often depends not only on the future outlook of the current and potential NextSource Materials' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. NextSource Materials' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 176.7 M | |
| Cash And Short Term Investments | 4.5 M |
NextSource Materials Fundamentals Growth
NextSource Stock prices reflect investors' perceptions of the future prospects and financial health of NextSource Materials, and NextSource Materials 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 NextSource Stock performance.
| Return On Equity | -0.67 | |||
| Return On Asset | -0.13 | |||
| Operating Margin | (11.84) % | |||
| Current Valuation | 133.1 M | |||
| Shares Outstanding | 184.91 M | |||
| Price To Book | 2.07 X | |||
| Price To Sales | 84.66 X | |||
| Revenue | 714.84 K | |||
| EBITDA | (27.15 M) | |||
| Cash And Equivalents | 3.28 M | |||
| Total Debt | 24.27 M | |||
| Book Value Per Share | 0.25 X | |||
| Cash Flow From Operations | (29.64 M) | |||
| Earnings Per Share | (0.21) X | |||
| Total Asset | 84.2 M | |||
| Retained Earnings | (238.39 M) | |||
About NextSource Materials Performance
By examining NextSource Materials' fundamental ratios, stakeholders can obtain critical insights into NextSource Materials' 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 NextSource Materials 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.
NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. NextSource Materials Inc. was founded in 2004 and is headquartered in Toronto, Canada. NEXTSOURCE MATERIALS operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange. It employs 4 people.Things to note about NextSource Materials performance evaluation
Checking the ongoing alerts about NextSource Materials for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NextSource Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NextSource Materials has some characteristics of a very speculative penny stock | |
| NextSource Materials had very high historical volatility over the last 90 days | |
| NextSource Materials has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 714.84 K. Net Loss for the year was (23.26 M) with loss before overhead, payroll, taxes, and interest of (8.78 M). | |
| NextSource Materials has accumulated about 3.28 M in cash with (29.64 M) of positive cash flow from operations. | |
| Roughly 49.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing NextSource Materials' 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 NextSource Materials' stock is overvalued or undervalued compared to its peers.
- Examining NextSource Materials' 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 NextSource Materials' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NextSource Materials' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NextSource Materials' stock. These opinions can provide insight into NextSource Materials' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in NextSource Stock
NextSource Materials financial ratios help investors to determine whether NextSource Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NextSource with respect to the benefits of owning NextSource Materials security.