Nextage Therapeutics (Israel) Performance
| NXTG Stock | ILA 67.70 1.70 2.45% |
Nextage Therapeutics has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 1.49, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nextage Therapeutics will likely underperform. Nextage Therapeutics right now secures a risk of 4.44%. Please verify Nextage Therapeutics potential upside, semi variance, and the relationship between the value at risk and downside variance , to decide if Nextage Therapeutics will be following its current price movements.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Nextage Therapeutics are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Nextage Therapeutics may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
| Begin Period Cash Flow | 1.6 M | |
| Total Cashflows From Investing Activities | -64 K | |
| Free Cash Flow | -2.4 M |
Nextage |
Nextage Therapeutics Relative Risk vs. Return Landscape
If you would invest 6,700 in Nextage Therapeutics on September 3, 2024 and sell it today you would earn a total of 70.00 from holding Nextage Therapeutics or generate 1.04% return on investment over 90 days. Nextage Therapeutics is generating 0.1172% of daily returns and assumes 4.4394% volatility on return distribution over the 90 days horizon. Simply put, 39% of stocks are less volatile than Nextage, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nextage Therapeutics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextage Therapeutics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nextage Therapeutics, and traders can use it to determine the average amount a Nextage Therapeutics' 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 = 0.0264
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | NXTG | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 4.44 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nextage Therapeutics is performing at about 2% 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 Nextage Therapeutics by adding it to a well-diversified portfolio.
Nextage Therapeutics Fundamentals Growth
Nextage Stock prices reflect investors' perceptions of the future prospects and financial health of Nextage Therapeutics, and Nextage Therapeutics 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 Nextage Stock performance.
| Return On Equity | -2.49 | |||
| Return On Asset | -0.79 | |||
| Operating Margin | 146.35 % | |||
| Current Valuation | 13.43 M | |||
| Shares Outstanding | 26.14 M | |||
| Price To Book | 9.68 X | |||
| Price To Sales | 289.01 X | |||
| Revenue | 91 K | |||
| EBITDA | (7.58 M) | |||
| Cash And Equivalents | 358 K | |||
| Cash Per Share | 0.16 X | |||
| Total Debt | 1.11 M | |||
| Book Value Per Share | 0.06 X | |||
| Cash Flow From Operations | (3.97 M) | |||
| Earnings Per Share | (0.30) X | |||
| Total Asset | 4.27 M | |||
About Nextage Therapeutics Performance
By analyzing Nextage Therapeutics' fundamental ratios, stakeholders can gain valuable insights into Nextage Therapeutics' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nextage Therapeutics 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 Nextage Therapeutics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nextage Therapeutics Ltd develops and commercializes in-vitro cancer diagnostic products and solutions worldwide. The company was formerly known as Micromedic Technologies Ltd and changed its name to Nextage Therapeutics Ltd in August 2020. NEXTAGE THERAPEUTI operates under Drug ManufacturersSpecialty Generic classification in Israel and is traded on Tel Aviv Stock Exchange.Things to note about Nextage Therapeutics performance evaluation
Checking the ongoing alerts about Nextage Therapeutics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nextage Therapeutics help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nextage Therapeutics had very high historical volatility over the last 90 days | |
| Nextage Therapeutics has accumulated 1.11 M in total debt. Nextage Therapeutics has a current ratio of 0.43, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nextage Therapeutics until it has trouble settling it off, either with new capital or with free cash flow. So, Nextage Therapeutics' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nextage Therapeutics sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nextage to invest in growth at high rates of return. When we think about Nextage Therapeutics' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 91 K. Net Loss for the year was (7.73 M) with profit before overhead, payroll, taxes, and interest of 16 K. | |
| Nextage Therapeutics has accumulated about 358 K in cash with (3.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.16. | |
| Roughly 82.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nextage Therapeutics' 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 Nextage Therapeutics' stock is overvalued or undervalued compared to its peers.
- Examining Nextage Therapeutics' 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 Nextage Therapeutics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nextage Therapeutics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nextage Therapeutics' stock. These opinions can provide insight into Nextage Therapeutics' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nextage Stock analysis
When running Nextage Therapeutics' price analysis, check to measure Nextage Therapeutics' 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 Nextage Therapeutics is operating at the current time. Most of Nextage Therapeutics' value examination focuses on studying past and present price action to predict the probability of Nextage Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextage Therapeutics' price. Additionally, you may evaluate how the addition of Nextage Therapeutics to your portfolios can decrease your overall portfolio volatility.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |