Nextsource Materials Stock Performance
| NSRCF Stock | USD 0.42 0.02 5.00% |
On a scale of 0 to 100, NextSource Materials holds a performance score of 7. The company secures a Beta (Market Risk) of 0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NextSource Materials' returns are expected to increase less than the market. However, during the bear market, the loss of holding NextSource Materials is expected to be smaller as well. Please check NextSource Materials' downside variance, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether NextSource Materials' current price movements will revert.
Risk-Adjusted Performance
Mild
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. Despite nearly fragile fundamental indicators, NextSource Materials reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 22.4 M | |
| Total Cashflows From Investing Activities | -13.1 M |
NextSource |
NextSource Materials Relative Risk vs. Return Landscape
If you would invest 34.00 in NextSource Materials on November 1, 2025 and sell it today you would earn a total of 8.00 from holding NextSource Materials or generate 23.53% return on investment over 90 days. NextSource Materials is currently producing 0.4832% returns and takes up 5.2362% volatility of returns over 90 trading days. Put another way, 47% of traded otc stocks are less volatile than NextSource, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NextSource Materials Target Price Odds to finish over Current Price
The tendency of NextSource OTC 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 |
| 0.42 | 90 days | 0.42 | near 1 |
Based on a normal probability distribution, the odds of NextSource Materials to move above the current price in 90 days from now is near 1 (This NextSource Materials probability density function shows the probability of NextSource OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon NextSource Materials has a beta of 0.6. This indicates as returns on the market go up, NextSource Materials average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NextSource Materials will be expected to be much smaller as well. Additionally NextSource Materials has an alpha of 0.7664, implying that it can generate a 0.77 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 otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NextSource Materials' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
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 | 0.77 | |
β | Beta against Dow Jones | 0.60 | |
σ | Overall volatility | 0.04 | |
Ir | Information ratio | 0.14 |
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 had very high historical volatility over the last 90 days | |
| NextSource Materials has some characteristics of a very speculative penny stock | |
| NextSource Materials has high likelihood to experience some financial distress in the next 2 years | |
| NextSource Materials has accumulated 349.82 K in total debt. NextSource Materials has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NextSource Materials until it has trouble settling it off, either with new capital or with free cash flow. So, NextSource Materials' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NextSource Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NextSource to invest in growth at high rates of return. When we think about NextSource Materials' use of debt, we should always consider it together with cash and equity. | |
| NextSource Materials has accumulated about 9.79 M in cash with (1.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Roughly 49.0% of the company outstanding shares are owned by corporate insiders |
NextSource Materials Fundamentals Growth
NextSource OTC 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 OTC Stock performance.
| Return On Asset | -0.0716 | |||
| Current Valuation | 216.02 M | |||
| Shares Outstanding | 101.87 M | |||
| Price To Book | 55.48 X | |||
| EBITDA | (21.4 M) | |||
| Cash And Equivalents | 9.79 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 349.82 K | |||
| Book Value Per Share | (0.09) X | |||
| Cash Flow From Operations | (1.63 M) | |||
| Earnings Per Share | 0.13 X | |||
| Total Asset | 29.3 M | |||
About NextSource Materials Performance
By analyzing NextSource Materials' fundamental ratios, stakeholders can gain valuable insights into NextSource Materials' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NextSource Materials 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 NextSource Materials has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a 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 is traded on OTC Exchange in the United States.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. OTC 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 had very high historical volatility over the last 90 days | |
| NextSource Materials has some characteristics of a very speculative penny stock | |
| NextSource Materials has high likelihood to experience some financial distress in the next 2 years | |
| NextSource Materials has accumulated 349.82 K in total debt. NextSource Materials has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NextSource Materials until it has trouble settling it off, either with new capital or with free cash flow. So, NextSource Materials' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NextSource Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NextSource to invest in growth at high rates of return. When we think about NextSource Materials' use of debt, we should always consider it together with cash and equity. | |
| NextSource Materials has accumulated about 9.79 M in cash with (1.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| 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 OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of NextSource Materials' otc stock. These opinions can provide insight into NextSource Materials' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NextSource OTC Stock analysis
When running NextSource Materials' price analysis, check to measure NextSource Materials' 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 NextSource Materials is operating at the current time. Most of NextSource Materials' value examination focuses on studying past and present price action to predict the probability of NextSource Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextSource Materials' price. Additionally, you may evaluate how the addition of NextSource Materials to your portfolios can decrease your overall portfolio volatility.
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