NexGel Warrant Return On Equity vs. Return On Asset
| NXGLW Stock | USD 0.50 0.04 8.70% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (0.67) | Current Value (0.71) | Quarterly Volatility 7.89010154 |
For NexGel Warrant profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NexGel Warrant to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NexGel Warrant utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NexGel Warrant's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NexGel Warrant over time as well as its relative position and ranking within its peers.
NexGel |
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NexGel Warrant. If investors know NexGel will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NexGel Warrant listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.39) | Revenue Per Share 0.846 | Quarterly Revenue Growth 0.234 | Return On Assets (0.23) | Return On Equity (0.64) |
The market value of NexGel Warrant is measured differently than its book value, which is the value of NexGel that is recorded on the company's balance sheet. Investors also form their own opinion of NexGel Warrant's value that differs from its market value or its book value, called intrinsic value, which is NexGel Warrant's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NexGel Warrant's market value can be influenced by many factors that don't directly affect NexGel Warrant's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NexGel Warrant's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexGel Warrant is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexGel Warrant's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
NexGel Warrant Return On Asset vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NexGel Warrant's current stock value. Our valuation model uses many indicators to compare NexGel Warrant value to that of its competitors to determine the firm's financial worth. NexGel Warrant is regarded third in return on equity category among its peers. It is regarded second in return on asset category among its peers . At this time, NexGel Warrant's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value NexGel Warrant by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.NexGel Return On Asset vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
NexGel Warrant |
| = | -0.64 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
NexGel Warrant |
| = | -0.23 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
NexGel Return On Asset Comparison
NexGel Warrant is currently under evaluation in return on asset category among its peers.
NexGel Warrant Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NexGel Warrant, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NexGel Warrant will eventually generate negative long term returns. The profitability progress is the general direction of NexGel Warrant's change in net profit over the period of time. It can combine multiple indicators of NexGel Warrant, 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.
| Last Reported | Projected for Next Year | ||
| Operating Income | -3.5 M | -3.7 M | |
| Income Before Tax | -3.2 M | -3.3 M | |
| Total Other Income Expense Net | 289 K | 303.4 K | |
| Net Loss | -3.2 M | -3.3 M | |
| Income Tax Expense | -31 K | -29.4 K | |
| Net Loss | -2.6 M | -2.8 M | |
| Net Interest Income | -12 K | -12.6 K | |
| Net Loss | (0.56) | (0.58) | |
| Income Quality | 1.03 | 0.64 | |
| Net Income Per E B T | 0.99 | 0.90 |
NexGel Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NexGel Warrant. 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 NexGel Warrant 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 NexGel Warrant's important profitability drivers and their relationship over time.
Use NexGel Warrant 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 NexGel Warrant 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 NexGel Warrant will appreciate offsetting losses from the drop in the long position's value.NexGel Warrant Pair Trading
NexGel Warrant Pair Trading Analysis
The ability to find closely correlated positions to NexGel Warrant could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NexGel Warrant 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 NexGel Warrant - 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 NexGel Warrant to buy it.
The correlation of NexGel Warrant 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 NexGel Warrant moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NexGel Warrant 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 NexGel Warrant 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 NexGel Warrant position
In addition to having NexGel Warrant 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 Office Supplies Thematic Idea Now
Office Supplies
Companies producing and selling office supplies, and accessories. The Office Supplies theme has 37 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 Office Supplies Theme or any other thematic opportunities.
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Additional Tools for NexGel Stock Analysis
When running NexGel Warrant's price analysis, check to measure NexGel Warrant'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 NexGel Warrant is operating at the current time. Most of NexGel Warrant's value examination focuses on studying past and present price action to predict the probability of NexGel Warrant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGel Warrant's price. Additionally, you may evaluate how the addition of NexGel Warrant to your portfolios can decrease your overall portfolio volatility.