NEXANS (Germany) Performance
| NXS Stock | EUR 105.60 1.30 1.22% |
The company secures a Beta (Market Risk) of 0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NEXANS's returns are expected to increase less than the market. However, during the bear market, the loss of holding NEXANS is expected to be smaller as well. At this point, NEXANS has a negative expected return of -0.29%. Please make sure to verify NEXANS's treynor ratio, day median price, and the relationship between the information ratio and kurtosis , to decide if NEXANS performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days NEXANS has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in January 2025. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
| Dividend Yield | 0.0114 |
NEXANS |
NEXANS Relative Risk vs. Return Landscape
If you would invest 12,940 in NEXANS on September 19, 2024 and sell it today you would lose (2,380) from holding NEXANS or give up 18.39% of portfolio value over 90 days. NEXANS is producing return of less than zero assuming 2.144% volatility of returns over the 90 days investment horizon. Simply put, 19% of all stocks have less volatile historical return distribution than NEXANS, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NEXANS Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEXANS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NEXANS, and traders can use it to determine the average amount a NEXANS'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 = -0.1372
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| Negative Returns | NXS |
Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NEXANS is not performing at its full potential. However, 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 NEXANS by adding NEXANS to a well-diversified portfolio.
NEXANS Fundamentals Growth
NEXANS Stock prices reflect investors' perceptions of the future prospects and financial health of NEXANS, and NEXANS 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 NEXANS Stock performance.
| Current Valuation | 4.09 B | |||
| Price To Book | 2.35 X | |||
| Price To Sales | 0.49 X | |||
| Total Debt | 645 M | |||
| Total Asset | 5.59 B | |||
About NEXANS Performance
Assessing NEXANS's fundamental ratios provides investors with valuable insights into NEXANS's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the NEXANS is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about NEXANS performance evaluation
Checking the ongoing alerts about NEXANS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NEXANS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NEXANS generated a negative expected return over the last 90 days |
- Analyzing NEXANS'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 NEXANS's stock is overvalued or undervalued compared to its peers.
- Examining NEXANS'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 NEXANS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NEXANS's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NEXANS's stock. These opinions can provide insight into NEXANS's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NEXANS Stock Analysis
When running NEXANS's price analysis, check to measure NEXANS'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 NEXANS is operating at the current time. Most of NEXANS's value examination focuses on studying past and present price action to predict the probability of NEXANS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXANS's price. Additionally, you may evaluate how the addition of NEXANS to your portfolios can decrease your overall portfolio volatility.