Next Hydrogen Solutions Stock Analysis
| NXH Stock | 0.50 0.06 13.64% |
Next Hydrogen Solutions is overvalued with Real Value of 0.41 and Hype Value of 0.52. The main objective of Next Hydrogen stock analysis is to determine its intrinsic value, which is an estimate of what Next Hydrogen Solutions is worth, separate from its market price. There are two main types of Next Hydrogen's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Next Hydrogen's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Next Hydrogen's stock to identify patterns and trends that may indicate its future price movements.
The Next Hydrogen stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Next Hydrogen is usually not traded on Canada Day, Civic Holiday, Labour Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Next Stock trading window is adjusted to America/Toronto timezone.
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Next Stock Analysis Notes
About 19.0% of the company outstanding shares are owned by corporate insiders. The book value of Next Hydrogen was now reported as 0.55. The company recorded a loss per share of 0.56. Next Hydrogen Solutions had not issued any dividends in recent years. To find out more about Next Hydrogen Solutions contact Raveel CFA at 647 578 6360 or learn more at https://www.nexthydrogen.com.Next Hydrogen Solutions Investment Alerts
| Next Hydrogen is way too risky over 90 days horizon | |
| Next Hydrogen has some characteristics of a very speculative penny stock | |
| Next Hydrogen appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 951.91 K. Net Loss for the year was (12.01 M) with profit before overhead, payroll, taxes, and interest of 95.35 K. | |
| Next Hydrogen generates negative cash flow from operations | |
| About 19.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Next Hydrogen Announces 3M Convertible Debentures Offering - TipRanks |
Next Largest EPS Surprises
Earnings surprises can significantly impact Next Hydrogen's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-05-10 | 2024-03-31 | -0.13 | -0.15 | -0.02 | 15 | ||
2023-11-17 | 2023-09-30 | -0.12 | -0.1 | 0.02 | 16 | ||
2022-11-09 | 2022-09-30 | -0.2 | -0.17 | 0.03 | 15 |
Next Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.45 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Next Hydrogen's market, we take the total number of its shares issued and multiply it by Next Hydrogen'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.Next Profitablity
Next Hydrogen's profitability indicators refer to fundamental financial ratios that showcase Next Hydrogen's ability to generate income relative to its revenue or operating costs. If, let's say, Next Hydrogen is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Next Hydrogen's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Next Hydrogen's profitability requires more research than a typical breakdown of Next Hydrogen's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.49) | (0.51) | |
| Return On Capital Employed | (0.60) | (0.63) | |
| Return On Assets | (0.47) | (0.50) | |
| Return On Equity | (0.95) | (1.00) |
Management Efficiency
Next Hydrogen Solutions has return on total asset (ROA) of (0.3396) % which means that it has lost $0.3396 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.1043) %, meaning that it generated substantial loss on money invested by shareholders. Next Hydrogen's management efficiency ratios could be used to measure how well Next Hydrogen manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.51 in 2024. Return On Capital Employed is likely to drop to -0.63 in 2024. At this time, Next Hydrogen's Net Tangible Assets are fairly stable compared to the past year. Total Current Assets is likely to climb to about 20 M in 2024, whereas Other Assets are likely to drop slightly above 94.9 K in 2024.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.55 | 0.62 | |
| Tangible Book Value Per Share | 0.52 | 0.58 | |
| Enterprise Value Over EBITDA | (0.68) | (0.71) | |
| Price Book Value Ratio | 1.31 | 1.24 | |
| Enterprise Value Multiple | (0.68) | (0.71) | |
| Price Fair Value | 1.31 | 1.24 | |
| Enterprise Value | 7.4 M | 7 M |
Leadership effectiveness at Next Hydrogen Solutions is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin (7.10) | Beta 0.229 | Return On Assets (0.34) | Return On Equity (1.10) |
Technical Drivers
As of the 25th of November, Next Hydrogen secures the Risk Adjusted Performance of 0.0562, mean deviation of 4.85, and Downside Deviation of 8.14. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Next Hydrogen Solutions, as well as the relationship between them. Please verify Next Hydrogen Solutions downside deviation and the relationship between the information ratio and expected short fall to decide if Next Hydrogen Solutions is priced some-what accurately, providing market reflects its recent price of 0.5 per share.Next Hydrogen Solutions Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Next Hydrogen 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 Next Hydrogen Solutions. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Next Hydrogen Outstanding Bonds
Next Hydrogen 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. Next Hydrogen Solutions 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 Next bonds can be classified according to their maturity, which is the date when Next Hydrogen Solutions 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.
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Next Hydrogen Predictive Daily Indicators
Next Hydrogen 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 Next Hydrogen 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.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.14 | |||
| Day Median Price | 0.5 | |||
| Day Typical Price | 0.5 | |||
| Price Action Indicator | 0.03 | |||
| Period Momentum Indicator | 0.06 | |||
| Relative Strength Index | 34.28 |
Next Hydrogen Forecast Models
Next Hydrogen's time-series forecasting models are one of many Next Hydrogen'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 Next Hydrogen'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 Next Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Next Hydrogen 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 Next 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 Next Hydrogen. By using and applying Next Stock analysis, traders can create a robust methodology for identifying Next entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (12.62) | (11.99) | |
| Operating Profit Margin | (13.12) | (13.78) | |
| Net Loss | (12.62) | (11.99) | |
| Gross Profit Margin | (0.30) | (0.32) |
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 Next Hydrogen to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Risk-Return Analysis Now
Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
Additional Tools for Next Stock Analysis
When running Next Hydrogen's price analysis, check to measure Next Hydrogen'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 Next Hydrogen is operating at the current time. Most of Next Hydrogen's value examination focuses on studying past and present price action to predict the probability of Next Hydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Hydrogen's price. Additionally, you may evaluate how the addition of Next Hydrogen to your portfolios can decrease your overall portfolio volatility.