Quanex Building Products Stock Performance
| NX Stock | USD 30.07 0.35 1.18% |
Quanex Building has a performance score of 3 on a scale of 0 to 100. The company holds a Beta of 0.77, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Quanex Building's returns are expected to increase less than the market. However, during the bear market, the loss of holding Quanex Building is expected to be smaller as well. Quanex Building Products right now holds a risk of 3.64%. Please check Quanex Building Products potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Quanex Building Products will be following its historical price patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Quanex Building Products are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting basic indicators, Quanex Building may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Actual Historical Performance (%)
One Day Return 1.63 | Five Day Return (1.39) | Year To Date Return (3.19) | Ten Year Return 50.35 | All Time Return 6 K |
Forward Dividend Yield 0.0107 | Payout Ratio 0.127 | Last Split Factor 3:2 | Forward Dividend Rate 0.32 | Dividend Date 2024-09-30 |
1 | Acquisition by Hughes Bradley E. of 823 shares of Quanex Building subject to Rule 16b-3 | 08/29/2024 |
2 | What To Expect From Quanex Building Products Corp Q3 2024 Earnings | 09/05/2024 |
3 | Quanex Building Products Corp Stock Price Up 2.68 percent on Sep 12 | 09/12/2024 |
| Quanex Building dividend paid on 30th of September 2024 | 09/30/2024 |
4 | Allspring Global Investments Holdings, LLC Increases Stake in Quanex Building Products Corp | 10/09/2024 |
5 | Quanex Building Products Corp Shares Up 2.9 percent on Oct 14 | 10/14/2024 |
6 | NX Group Releases Two New Brand Movies NX welcomes cargo-partner and Meet NX Group Connecting the World | 10/15/2024 |
7 | NX Group lanza dos nuevos pelculas de marcaNX welcomes cargo-partner y Meet NX Group Connecting the World | 10/17/2024 |
8 | Acquisition by Hughes Bradley E. of 3530 shares of Quanex Building subject to Rule 16b-3 | 11/01/2024 |
9 | NX Deutschland untersttzt die Hochschule Bremerhaven bei der Besichtigung von Logistikeinrichtungen in Japan | 11/06/2024 |
10 | Insider Trading | 11/12/2024 |
11 | Quanex Building Products Corporations Stock Has Fared Decently Is the Market Following Strong Financials | 11/18/2024 |
12 | JD Power Picks Bizarre Cars For Best Resale Value Awards | 11/20/2024 |
| Begin Period Cash Flow | 55.1 M | |
| Total Cashflows From Investing Activities | -128.4 M |
Quanex |
Quanex Building Relative Risk vs. Return Landscape
If you would invest 2,858 in Quanex Building Products on August 24, 2024 and sell it today you would earn a total of 149.00 from holding Quanex Building Products or generate 5.21% return on investment over 90 days. Quanex Building Products is generating 0.1422% of daily returns and assumes 3.643% volatility on return distribution over the 90 days horizon. Put differently, 32% of stocks are less risky than Quanex on the basis of their historical return distribution, and some 98% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Quanex Building Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Quanex Building's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Quanex Building Products, and traders can use it to determine the average amount a Quanex Building'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 = 0.039
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | NX | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.64 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Quanex Building is performing at about 3% 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 Quanex Building by adding it to a well-diversified portfolio.
Quanex Building Fundamentals Growth
Quanex Stock prices reflect investors' perceptions of the future prospects and financial health of Quanex Building, and Quanex Building 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 Quanex Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0627 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 1.44 B | ||||
| Shares Outstanding | 47.25 M | ||||
| Price To Earning | 16.87 X | ||||
| Price To Book | 2.38 X | ||||
| Price To Sales | 1.31 X | ||||
| Revenue | 1.13 B | ||||
| Gross Profit | 277.52 M | ||||
| EBITDA | 148.05 M | ||||
| Net Income | 82.5 M | ||||
| Cash And Equivalents | 55.09 M | ||||
| Cash Per Share | 1.52 X | ||||
| Total Debt | 116.39 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.93 X | ||||
| Book Value Per Share | 18.07 X | ||||
| Cash Flow From Operations | 147.05 M | ||||
| Earnings Per Share | 2.24 X | ||||
| Market Capitalization | 1.41 B | ||||
| Total Asset | 831.14 M | ||||
| Retained Earnings | 409.32 M | ||||
| Working Capital | 138.94 M | ||||
| Current Asset | 203.97 M | ||||
| Current Liabilities | 114.13 M | ||||
About Quanex Building Performance
Evaluating Quanex Building's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Quanex Building 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 Quanex Building has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 48.20 | 42.89 | |
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.18 | 0.19 | |
| Return On Assets | 0.11 | 0.12 | |
| Return On Equity | 0.17 | 0.18 |
Things to note about Quanex Building Products performance evaluation
Checking the ongoing alerts about Quanex Building for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Quanex Building Products help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Quanex Building had very high historical volatility over the last 90 days | |
| Quanex Building is unlikely to experience financial distress in the next 2 years | |
| Quanex Building has a poor financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are owned by institutional investors | |
| On 30th of September 2024 Quanex Building paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from jalopnik.com: JD Power Picks Bizarre Cars For Best Resale Value Awards |
- Analyzing Quanex Building'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 Quanex Building's stock is overvalued or undervalued compared to its peers.
- Examining Quanex Building'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 Quanex Building's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Quanex Building's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Quanex Building's stock. These opinions can provide insight into Quanex Building's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Quanex Stock Analysis
When running Quanex Building's price analysis, check to measure Quanex Building'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 Quanex Building is operating at the current time. Most of Quanex Building's value examination focuses on studying past and present price action to predict the probability of Quanex Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quanex Building's price. Additionally, you may evaluate how the addition of Quanex Building to your portfolios can decrease your overall portfolio volatility.