Nexstim Oyj Price To Book vs. Revenue
| NXTMH Stock | EUR 5.52 0.72 15.00% |
For Nexstim Oyj profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nexstim Oyj to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nexstim Oyj utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nexstim Oyj's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nexstim Oyj over time as well as its relative position and ranking within its peers.
Nexstim |
Nexstim Oyj Revenue vs. Price To Book Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nexstim Oyj's current stock value. Our valuation model uses many indicators to compare Nexstim Oyj value to that of its competitors to determine the firm's financial worth. Nexstim Oyj is regarded second in price to book category among its peers. It also is regarded second in revenue category among its peers totaling about 1,255,276 of Revenue per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value Nexstim Oyj by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nexstim Oyj's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Nexstim Revenue vs. Price To Book
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Nexstim Oyj |
| = | 5.10 X |
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Nexstim Oyj |
| = | 6.4 M |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Nexstim Revenue vs Competition
Nexstim Oyj is regarded second in revenue category among its peers. Market size based on revenue of Health Care industry is now estimated at about 1.28 Billion. Nexstim Oyj adds roughly 6.4 Million in revenue claiming only tiny portion of equities under Health Care industry.
Nexstim Oyj Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nexstim Oyj, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nexstim Oyj will eventually generate negative long term returns. The profitability progress is the general direction of Nexstim Oyj's change in net profit over the period of time. It can combine multiple indicators of Nexstim Oyj, 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.
Nexstim Plc, a neuromodulation company, engages in the development and marketing of non-invasive brain stimulation technologies in Finland, rest of Europe, North America, and internationally. Nexstim Plc was founded in 2000 and is headquartered in Helsinki, Finland. Nexstim Oyj operates under Medical Devices classification in Finland and is traded on Helsinki Exchange. It employs 34 people.
Nexstim Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nexstim Oyj. 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 Nexstim Oyj 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 Nexstim Oyj's important profitability drivers and their relationship over time.
Use Nexstim Oyj 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 Nexstim Oyj 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 Nexstim Oyj will appreciate offsetting losses from the drop in the long position's value.Nexstim Oyj Pair Trading
Nexstim Oyj Pair Trading Analysis
The ability to find closely correlated positions to Nexstim Oyj could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexstim Oyj 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 Nexstim Oyj - 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 Nexstim Oyj to buy it.
The correlation of Nexstim Oyj 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 Nexstim Oyj moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexstim Oyj 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 Nexstim Oyj 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 Nexstim Oyj position
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Other Information on Investing in Nexstim Stock
To fully project Nexstim Oyj's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nexstim Oyj 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 Nexstim Oyj's income statement, its balance sheet, and the statement of cash flows.