Next Hydrogen Solutions Stock Performance
| NXHSF Stock | USD 0.30 0.03 9.09% |
Next Hydrogen holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.85, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Next Hydrogen are expected to decrease by larger amounts. On the other hand, during market turmoil, Next Hydrogen is expected to outperform it. Use Next Hydrogen Solutions semi variance, as well as the relationship between the rate of daily change and relative strength index , to analyze future returns on Next Hydrogen Solutions.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Next Hydrogen Solutions are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Next Hydrogen reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.1 M | |
| Total Cashflows From Investing Activities | -1.5 M |
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Next Hydrogen Relative Risk vs. Return Landscape
If you would invest 29.00 in Next Hydrogen Solutions on September 1, 2024 and sell it today you would earn a total of 1.00 from holding Next Hydrogen Solutions or generate 3.45% return on investment over 90 days. Next Hydrogen Solutions is currently producing 1.5483% returns and takes up 17.8099% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Next, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Next Hydrogen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Next Hydrogen's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Next Hydrogen Solutions, and traders can use it to determine the average amount a Next Hydrogen'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 = 0.0869
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Estimated Market Risk
| 17.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.55 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Next Hydrogen 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 Next Hydrogen by adding it to a well-diversified portfolio.
Next Hydrogen Fundamentals Growth
Next OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Next Hydrogen, and Next Hydrogen 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 Next OTC Stock performance.
| Return On Equity | -0.44 | |||
| Return On Asset | -0.27 | |||
| Operating Margin | (96.05) % | |||
| Current Valuation | 2.74 M | |||
| Shares Outstanding | 22.89 M | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 102.41 X | |||
| Revenue | 177.59 K | |||
| EBITDA | (24.37 M) | |||
| Cash And Equivalents | 30.32 M | |||
| Cash Per Share | 1.33 X | |||
| Total Debt | 163.68 K | |||
| Debt To Equity | 0.07 % | |||
| Book Value Per Share | 1.26 X | |||
| Cash Flow From Operations | (12.55 M) | |||
| Earnings Per Share | (0.95) X | |||
| Total Asset | 48.06 M | |||
About Next Hydrogen Performance
By analyzing Next Hydrogen's fundamental ratios, stakeholders can gain valuable insights into Next Hydrogen's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Next Hydrogen 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 Next Hydrogen has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Next Hydrogen Solutions Inc. designs, manufactures, and sells water and electricity electrolyzers to generate clean hydrogen for use as an energy source. The company was founded in 2007 and is headquartered in Mississauga, Canada. Next Hydrogen is traded on OTC Exchange in the United States.Things to note about Next Hydrogen Solutions performance evaluation
Checking the ongoing alerts about Next Hydrogen for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Next Hydrogen Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Next Hydrogen is way too risky over 90 days horizon | |
| Next Hydrogen has some characteristics of a very speculative penny stock | |
| Next Hydrogen appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 177.59 K. Net Loss for the year was (25.01 M) with profit before overhead, payroll, taxes, and interest of 95.35 K. | |
| Next Hydrogen Solutions has accumulated about 30.32 M in cash with (12.55 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 21.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Next Hydrogen'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 Next Hydrogen's stock is overvalued or undervalued compared to its peers.
- Examining Next Hydrogen'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 Next Hydrogen's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Next Hydrogen's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Next Hydrogen's otc stock. These opinions can provide insight into Next Hydrogen's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Next OTC Stock analysis
When running Next Hydrogen's price analysis, check to measure Next Hydrogen'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 Next Hydrogen is operating at the current time. Most of Next Hydrogen's value examination focuses on studying past and present price action to predict the probability of Next Hydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Hydrogen's price. Additionally, you may evaluate how the addition of Next Hydrogen to your portfolios can decrease your overall portfolio volatility.
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