Nxt ID Inc Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nxt ID are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Nxt ID Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Nxt ID is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Quick Ratio | 4.07 | |
| Fifty Two Week Low | 2.1000 | |
| Fifty Two Week High | 19.2000 |
Nxt |
Nxt ID Relative Risk vs. Return Landscape
If you would invest (100.00) in Nxt ID Inc on August 28, 2024 and sell it today you would earn a total of 100.00 from holding Nxt ID Inc or generate -100.0% return on investment over 90 days. Nxt ID Inc is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Nxt, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nxt ID Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nxt ID's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nxt ID Inc, and traders can use it to determine the average amount a Nxt ID'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 = 0.0
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Based on monthly moving average Nxt ID 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 Nxt ID by adding Nxt ID to a well-diversified portfolio.
Nxt ID Fundamentals Growth
Nxt Stock prices reflect investors' perceptions of the future prospects and financial health of Nxt ID, and Nxt ID 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 Nxt Stock performance.
| Return On Equity | -32.09 | |||
| Return On Asset | -4.92 | |||
| Profit Margin | (68.53) % | |||
| Operating Margin | (24.43) % | |||
| Current Valuation | 15.82 M | |||
| Shares Outstanding | 8.9 M | |||
| Price To Earning | (1.63) X | |||
| Price To Book | 0.67 X | |||
| Price To Sales | 2.11 X | |||
| Revenue | 10.18 M | |||
| EBITDA | (1.68 M) | |||
| Cash And Equivalents | 16.05 M | |||
| Cash Per Share | 1.80 X | |||
| Total Debt | 268.58 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 3.61 X | |||
| Cash Flow From Operations | (3.72 M) | |||
| Earnings Per Share | (2.04) X | |||
| Total Asset | 5.13 M | |||
| Retained Earnings | (63.43 M) | |||
| Current Asset | 4.76 M | |||
| Current Liabilities | 4.25 M | |||
Things to note about Nxt ID Inc performance evaluation
Checking the ongoing alerts about Nxt ID for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nxt ID Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nxt ID Inc is not yet fully synchronised with the market data | |
| Nxt ID Inc has some characteristics of a very speculative penny stock | |
| Nxt ID Inc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 10.18 M. Net Loss for the year was (10.03 M) with profit before overhead, payroll, taxes, and interest of 8.2 M. | |
| Nxt ID Inc currently holds about 16.05 M in cash with (3.72 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.8. | |
| Roughly 13.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nxt ID'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 Nxt ID's stock is overvalued or undervalued compared to its peers.
- Examining Nxt ID'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 Nxt ID's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nxt ID's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nxt ID's stock. These opinions can provide insight into Nxt ID's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Consideration for investing in Nxt Stock
If you are still planning to invest in Nxt ID Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nxt ID's history and understand the potential risks before investing.
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