NanoXplore Cash Per Share vs. Shares Owned By Institutions
| NNXPF Stock | USD 1.59 0.06 3.64% |
For NanoXplore profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NanoXplore to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NanoXplore utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NanoXplore's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NanoXplore over time as well as its relative position and ranking within its peers.
NanoXplore |
NanoXplore Shares Owned By Institutions vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NanoXplore's current stock value. Our valuation model uses many indicators to compare NanoXplore value to that of its competitors to determine the firm's financial worth. NanoXplore is regarded third in cash per share category among its peers. It is considered to be number one stock in shares owned by institutions category among its peers producing about 43.24 of Shares Owned By Institutions per Cash Per Share. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NanoXplore's earnings, one of the primary drivers of an investment's value.NanoXplore Shares Owned By Institutions vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
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| = | 0.31 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
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| = | 13.40 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
NanoXplore Shares Owned By Institutions Comparison
NanoXplore is currently under evaluation in shares owned by institutions category among its peers.
NanoXplore Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NanoXplore, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NanoXplore will eventually generate negative long term returns. The profitability progress is the general direction of NanoXplore's change in net profit over the period of time. It can combine multiple indicators of NanoXplore, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
NanoXplore Inc., a graphene company, manufactures and supplies graphene powder for use in industrial markets. The company was founded in 2011 and is headquartered in Montral, Canada. Nanoxplore operates under Chemicals classification in the United States and is traded on OTC Exchange. It employs 450 people.
NanoXplore Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NanoXplore. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NanoXplore position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NanoXplore's important profitability drivers and their relationship over time.
Use NanoXplore in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NanoXplore position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NanoXplore will appreciate offsetting losses from the drop in the long position's value.NanoXplore Pair Trading
NanoXplore Pair Trading Analysis
The ability to find closely correlated positions to NanoXplore could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NanoXplore when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NanoXplore - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NanoXplore to buy it.
The correlation of NanoXplore is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NanoXplore moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NanoXplore moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NanoXplore can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your NanoXplore position
In addition to having NanoXplore in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Supplies Thematic Idea Now
Business Supplies
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Supplies theme has 24 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Supplies Theme or any other thematic opportunities.
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Other Information on Investing in NanoXplore OTC Stock
To fully project NanoXplore's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NanoXplore at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include NanoXplore's income statement, its balance sheet, and the statement of cash flows.