Nexalin Technology Stock Performance
| NXLIW Stock | USD 0.56 0.01 1.82% |
Nexalin Technology holds a performance score of 14 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nexalin Technology are expected to decrease at a much lower rate. During the bear market, Nexalin Technology is likely to outperform the market. Use Nexalin Technology treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to analyze future returns on Nexalin Technology.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Nexalin Technology are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain forward indicators, Nexalin Technology showed solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Nexalin Technology Selected to Join Industry Coalition Breaking Barriers to Substance Use Recovery - Marketscreener.com | 07/18/2024 |
2 | Nexalin Technology shareholders approve board, plan amendment - Investing.com | 09/03/2024 |
3 | EXCLUSIVE Nano-Cap Nexalins Drug-Free Alternative For Alzheimers Shows Improved Memory, Cognitive Function In Small Study | 10/17/2024 |
4 | EXCLUSIVE Nexalin Technology Says New Data Confirms Implantable Device Improves Cognitive Function, Restores Brain Activity in Alzheimers Patients | 10/28/2024 |
5 | Acquisition by Owens David of 2500 shares of Nexalin Technology at 4.15 subject to Rule 16b-3 | 11/05/2024 |
6 | Nexalins Breakthrough Alzheimers Studies Show Promise, Secures Key Brain Tech Patent NXL Stock News - StockTitan | 11/11/2024 |
7 | Nexalin Technologys Strong Financial Position No Defaults on Senior Securities - MSN | 11/21/2024 |
| Begin Period Cash Flow | 162.7 K |
Nexalin |
Nexalin Technology Relative Risk vs. Return Landscape
If you would invest 12.00 in Nexalin Technology on August 27, 2024 and sell it today you would earn a total of 44.00 from holding Nexalin Technology or generate 366.67% return on investment over 90 days. Nexalin Technology is currently producing 28.7429% returns and takes up 156.7952% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nexalin, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nexalin Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexalin Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nexalin Technology, and traders can use it to determine the average amount a Nexalin Technology'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 = 0.1833
| Best Portfolio | Best Equity | NXLIW | ||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 156.8 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Nexalin Technology is performing at about 14% 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 Nexalin Technology by adding it to a well-diversified portfolio.
Nexalin Technology Fundamentals Growth
Nexalin Stock prices reflect investors' perceptions of the future prospects and financial health of Nexalin Technology, and Nexalin Technology 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 Nexalin Stock performance.
| Return On Equity | -2.02 | ||||
| Return On Asset | -1.19 | ||||
| Operating Margin | (48.32) % | ||||
| Revenue | 110.75 K | ||||
| EBITDA | (5.69 M) | ||||
| Net Income | (4.65 M) | ||||
| Total Debt | 4.46 K | ||||
| Book Value Per Share | 0.43 X | ||||
| Cash Flow From Operations | (3.84 M) | ||||
| Total Asset | 3.63 M | ||||
| Retained Earnings | (77.04 M) | ||||
| Working Capital | 3 M | ||||
About Nexalin Technology Performance
Evaluating Nexalin Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nexalin Technology 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 Nexalin Technology 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 | 2.2 K | 2.3 K | |
| Return On Tangible Assets | (1.32) | (1.38) | |
| Return On Capital Employed | (1.78) | (1.69) | |
| Return On Assets | (1.28) | (1.34) | |
| Return On Equity | (1.45) | (1.38) |
Things to note about Nexalin Technology performance evaluation
Checking the ongoing alerts about Nexalin Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nexalin Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nexalin Technology is way too risky over 90 days horizon | |
| Nexalin Technology has some characteristics of a very speculative penny stock | |
| Nexalin Technology appears to be risky and price may revert if volatility continues | |
| Nexalin Technology has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 110.75 K. Net Loss for the year was (4.65 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nexalin Technology generates negative cash flow from operations | |
| Nexalin Technology has a frail financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Nexalin Technologys Strong Financial Position No Defaults on Senior Securities - MSN |
- Analyzing Nexalin Technology'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 Nexalin Technology's stock is overvalued or undervalued compared to its peers.
- Examining Nexalin Technology'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 Nexalin Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexalin Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nexalin Technology's stock. These opinions can provide insight into Nexalin Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nexalin Stock Analysis
When running Nexalin Technology's price analysis, check to measure Nexalin Technology'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 Nexalin Technology is operating at the current time. Most of Nexalin Technology's value examination focuses on studying past and present price action to predict the probability of Nexalin Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexalin Technology's price. Additionally, you may evaluate how the addition of Nexalin Technology to your portfolios can decrease your overall portfolio volatility.