Nextgen (Israel) Analysis

NXGN Stock  ILS 72.00  5.00  7.46%   
Nextgen is overvalued with Real Value of 59.07 and Hype Value of 72.0. The main objective of Nextgen stock analysis is to determine its intrinsic value, which is an estimate of what Nextgen is worth, separate from its market price. There are two main types of Nextgen's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nextgen's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nextgen's stock to identify patterns and trends that may indicate its future price movements.
The Nextgen stock is traded in Israel on Tel Aviv Stock Exchange, with the market opening at 09:00:00 and closing at 17:30:00 every Mon,Tue,Wed,Thu,Sun except for officially observed holidays in Israel. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Nextgen's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nextgen. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.

Nextgen Stock Analysis Notes

The company has price-to-book ratio of 1.51. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nextgen recorded a loss per share of 0.06. The entity had not issued any dividends in recent years. The firm had 6:1 split on the 22nd of August 2023. Nextgen Biomed Ltd, through its subsidiary, develops medicines for the treatment of psoriasis. To find out more about Nextgen contact Yaniv Hevron at 972 9 950 0555 or learn more at https://www.nextgen-biomed.com.

Nextgen Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Nextgen's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Nextgen or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Nextgen had very high historical volatility over the last 90 days
Net Loss for the year was (2.55 M) with profit before overhead, payroll, taxes, and interest of 0.
Nextgen has accumulated about 6.34 M in cash with (2.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28.

Nextgen Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 26.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nextgen's market, we take the total number of its shares issued and multiply it by Nextgen's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 31st of January, Nextgen secures the Mean Deviation of 5.03, risk adjusted performance of 0.0443, and Downside Deviation of 6.42. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nextgen, as well as the relationship between them.

Nextgen Price Movement Analysis

Execute Study
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nextgen middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nextgen. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Nextgen Outstanding Bonds

Nextgen issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nextgen uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nextgen bonds can be classified according to their maturity, which is the date when Nextgen has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Nextgen Predictive Daily Indicators

Nextgen intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nextgen stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Nextgen Forecast Models

Nextgen's time-series forecasting models are one of many Nextgen's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nextgen's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Nextgen Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nextgen prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nextgen shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nextgen. By using and applying Nextgen Stock analysis, traders can create a robust methodology for identifying Nextgen entry and exit points for their positions.
Nextgen Biomed Ltd, through its subsidiary, develops medicines for the treatment of psoriasis.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Nextgen to your portfolios without increasing risk or reducing expected return.

Did you try this?

Run Stocks Directory Now

   

Stocks Directory

Find actively traded stocks across global markets
All  Next Launch Module

Complementary Tools for Nextgen Stock analysis

When running Nextgen's price analysis, check to measure Nextgen'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 Nextgen is operating at the current time. Most of Nextgen's value examination focuses on studying past and present price action to predict the probability of Nextgen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextgen's price. Additionally, you may evaluate how the addition of Nextgen to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
FinTech Suite
Use AI to screen and filter profitable investment opportunities