Nextgen Food Robotics Stock Performance
| NGRBF Stock | 0.05 0 2.22% |
Nextgen Food holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 5.84, 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, Nextgen Food will likely underperform. Use Nextgen Food Robotics potential upside, daily balance of power, relative strength index, as well as the relationship between the expected short fall and day typical price , to analyze future returns on Nextgen Food Robotics.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Nextgen Food Robotics are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak fundamental drivers, Nextgen Food reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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Nextgen Food Relative Risk vs. Return Landscape
If you would invest 5.00 in Nextgen Food Robotics on September 3, 2024 and sell it today you would lose (0.40) from holding Nextgen Food Robotics or give up 8.0% of portfolio value over 90 days. Nextgen Food Robotics is currently producing 1.9083% returns and takes up 21.6434% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nextgen, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Nextgen Food Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextgen Food's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nextgen Food Robotics, and traders can use it to determine the average amount a Nextgen Food'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 = 0.0882
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Estimated Market Risk
| 21.64 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.91 actual daily | 38 62% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nextgen Food is performing at about 6% 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 Nextgen Food by adding it to a well-diversified portfolio.
Things to note about Nextgen Food Robotics performance evaluation
Checking the ongoing alerts about Nextgen Food for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nextgen Food Robotics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nextgen Food is way too risky over 90 days horizon | |
| Nextgen Food has some characteristics of a very speculative penny stock | |
| Nextgen Food appears to be risky and price may revert if volatility continues |
- Analyzing Nextgen Food'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 Nextgen Food's stock is overvalued or undervalued compared to its peers.
- Examining Nextgen Food'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 Nextgen Food's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nextgen Food's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nextgen Food's pink sheet. These opinions can provide insight into Nextgen Food's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nextgen Pink Sheet analysis
When running Nextgen Food's price analysis, check to measure Nextgen Food'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 Nextgen Food is operating at the current time. Most of Nextgen Food's value examination focuses on studying past and present price action to predict the probability of Nextgen Food's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextgen Food's price. Additionally, you may evaluate how the addition of Nextgen Food to your portfolios can decrease your overall portfolio volatility.
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