Nextracker Class A Stock Performance
| NXT Stock | 37.40 0.19 0.51% |
The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nextracker's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nextracker is expected to be smaller as well. At this point, Nextracker Class A has a negative expected return of -0.0998%. Please make sure to verify Nextracker's treynor ratio, expected short fall, as well as the relationship between the Expected Short fall and day median price , to decide if Nextracker Class A performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nextracker Class A has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Nextracker is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return 0.85 | Five Day Return (5.18) | Year To Date Return (20.05) | Ten Year Return 24.46 | All Time Return 52.74 |
1 | NEXTracker Inc Trading 4.53 percent Higher on Oct 11 | 10/11/2024 |
2 | WWE took unnecessarily messy road to pull Jey Uso back into Bloodline story | 10/23/2024 |
3 | Robert W. Baird Has Lowered Expectations for Nextracker Stock Price | 11/01/2024 |
4 | NEXTracker Inc Shares Up 9.38 percent on Nov 4 | 11/04/2024 |
5 | How WWE should book Goldbergs retirement to make frustrated fans happy | 11/05/2024 |
6 | Wall Street Analysts Think Nextracker Could Surge 36.15 percent Read This Before Placing a Bet | 11/07/2024 |
7 | NEXTracker Inc Trading Down 3.94 percent on Nov 12 | 11/12/2024 |
8 | Nextracker Inc. is Attracting Investor Attention Here is What You Should Know | 11/15/2024 |
9 | Wall Street Bulls Look Optimistic About Nextracker Should You Buy | 11/18/2024 |
10 | Roman Reigns Paul Heyman phone fail comes with critical Bloodline questions in WWE | 11/20/2024 |
| Begin Period Cash Flow | 130 M |
Nextracker |
Nextracker Relative Risk vs. Return Landscape
If you would invest 4,221 in Nextracker Class A on August 24, 2024 and sell it today you would lose (481.00) from holding Nextracker Class A or give up 11.4% of portfolio value over 90 days. Nextracker Class A is generating negative expected returns assuming volatility of 4.4757% on return distribution over 90 days investment horizon. In other words, 39% of stocks are less volatile than Nextracker, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Nextracker Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextracker's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nextracker Class A, and traders can use it to determine the average amount a Nextracker'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 = -0.0223
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NXT |
Estimated Market Risk
| 4.48 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nextracker 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 Nextracker by adding Nextracker to a well-diversified portfolio.
Nextracker Fundamentals Growth
Nextracker Stock prices reflect investors' perceptions of the future prospects and financial health of Nextracker, and Nextracker 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 Nextracker Stock performance.
| Return On Equity | 0.61 | ||||
| Return On Asset | 0.19 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.21 % | ||||
| Current Valuation | 5.06 B | ||||
| Shares Outstanding | 143.64 M | ||||
| Price To Book | 4.26 X | ||||
| Price To Sales | 1.98 X | ||||
| Revenue | 2.5 B | ||||
| EBITDA | 591.48 M | ||||
| Net Income | 306.24 M | ||||
| Cash Per Share | 3.06 X | ||||
| Total Debt | 143.97 M | ||||
| Debt To Equity | 3.07 % | ||||
| Current Ratio | 1.40 X | ||||
| Book Value Per Share | 8.81 X | ||||
| Cash Flow From Operations | 428.97 M | ||||
| Earnings Per Share | 4.00 X | ||||
| Market Capitalization | 5.54 B | ||||
| Total Asset | 2.52 B | ||||
| Retained Earnings | (3.07 B) | ||||
| Working Capital | 876.75 M | ||||
| Current Asset | 1.64 B | ||||
| Current Liabilities | 1.17 B | ||||
About Nextracker Performance
Assessing Nextracker's fundamental ratios provides investors with valuable insights into Nextracker's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Nextracker 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.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 43.65 | 26.55 | |
| Return On Tangible Assets | 0.14 | 0.14 | |
| Return On Capital Employed | 0.36 | 0.21 | |
| Return On Assets | 0.12 | 0.09 | |
| Return On Equity | 0.32 | 0.33 |
Things to note about Nextracker Class A performance evaluation
Checking the ongoing alerts about Nextracker for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nextracker Class A help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nextracker Class A generated a negative expected return over the last 90 days | |
| Nextracker Class A has high historical volatility and very poor performance | |
| Nextracker Class A has a strong financial position based on the latest SEC filings | |
| Over 100.0% of the company shares are owned by institutional investors | |
| Latest headline from nypost.com: Roman Reigns Paul Heyman phone fail comes with critical Bloodline questions in WWE |
- Analyzing Nextracker'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 Nextracker's stock is overvalued or undervalued compared to its peers.
- Examining Nextracker'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 Nextracker's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nextracker's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nextracker's stock. These opinions can provide insight into Nextracker's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nextracker Stock Analysis
When running Nextracker's price analysis, check to measure Nextracker'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 Nextracker is operating at the current time. Most of Nextracker's value examination focuses on studying past and present price action to predict the probability of Nextracker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextracker's price. Additionally, you may evaluate how the addition of Nextracker to your portfolios can decrease your overall portfolio volatility.