Ngex Minerals Stock Buy Hold or Sell Recommendation
| NGEX Stock | 12.35 0.28 2.22% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding NGEx Minerals is 'Strong Sell'. The recommendation algorithm takes into account all of NGEx Minerals' available fundamental, technical, and predictive indicators you will find on this site.
Check out NGEx Minerals Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as NGEx and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards NGEx Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
NGEx |
Execute NGEx Minerals Buy or Sell Advice
The NGEx recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NGEx Minerals. Macroaxis does not own or have any residual interests in NGEx Minerals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NGEx Minerals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NGEx Minerals Trading Alerts and Improvement Suggestions
| Net Loss for the year was (37.72 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NGEx Minerals generates negative cash flow from operations | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
NGEx Minerals Returns Distribution Density
The distribution of NGEx Minerals' historical returns is an attempt to chart the uncertainty of NGEx Minerals' future price movements. The chart of the probability distribution of NGEx Minerals daily returns describes the distribution of returns around its average expected value. We use NGEx Minerals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NGEx Minerals returns is essential to provide solid investment advice for NGEx Minerals.
| Mean Return | 0.36 | Value At Risk | -2.87 | Potential Upside | 4.02 | Standard Deviation | 2.23 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NGEx Minerals historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
NGEx Minerals Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NGEx Minerals or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NGEx Minerals' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NGEx stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.35 | |
β | Beta against Dow Jones | -0.05 | |
σ | Overall volatility | 2.24 | |
Ir | Information ratio | 0.13 |
NGEx Minerals Volatility Alert
NGEx Minerals has relatively low volatility with skewness of 0.33 and kurtosis of -0.49. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NGEx Minerals' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NGEx Minerals' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.NGEx Minerals Fundamentals Vs Peers
Comparing NGEx Minerals' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NGEx Minerals' direct or indirect competition across all of the common fundamentals between NGEx Minerals and the related equities. This way, we can detect undervalued stocks with similar characteristics as NGEx Minerals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NGEx Minerals' fundamental indicators could also be used in its relative valuation, which is a method of valuing NGEx Minerals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NGEx Minerals to competition |
| Fundamentals | NGEx Minerals | Peer Average |
| Return On Equity | -1.51 | -0.31 |
| Return On Asset | -0.96 | -0.14 |
| Current Valuation | 2.57 B | 16.62 B |
| Shares Outstanding | 206.91 M | 571.82 M |
| Shares Owned By Insiders | 37.52 % | 10.09 % |
| Shares Owned By Institutions | 11.39 % | 39.21 % |
| Number Of Shares Shorted | 752.25 K | 4.71 M |
| Price To Book | 54.35 X | 9.51 X |
| EBITDA | (47.2 M) | 3.9 B |
| Net Income | (37.72 M) | 570.98 M |
| Total Debt | 7.82 M | 5.32 B |
| Book Value Per Share | 0.39 X | 1.93 K |
| Cash Flow From Operations | (27.09 M) | 971.22 M |
| Short Ratio | 4.21 X | 4.00 X |
| Earnings Per Share | (0.24) X | 3.12 X |
| Target Price | 15.86 | |
| Number Of Employees | 36 | 18.84 K |
| Beta | 1.84 | -0.15 |
| Market Capitalization | 2.61 B | 19.03 B |
| Total Asset | 81.29 M | 29.47 B |
| Retained Earnings | (113.38 M) | 9.33 B |
| Working Capital | 69.68 M | 1.48 B |
| Net Asset | 81.29 M |
NGEx Minerals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NGEx . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About NGEx Minerals Buy or Sell Advice
When is the right time to buy or sell NGEx Minerals? Buying financial instruments such as NGEx Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in NGEx Stock
NGEx Minerals financial ratios help investors to determine whether NGEx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NGEx with respect to the benefits of owning NGEx Minerals security.