Nn Inc Stock Buy Hold or Sell Recommendation

NNBR Stock  USD 2.56  0.06  2.29%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding NN Inc is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated analysis based on historical performance and your stated risk tolerance. It serves as guidance on whether to purchase or sell NN Inc within the specified time frame.
  
Check out NN 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.
Note, we conduct extensive research on individual companies such as NN and provide practical buy, sell, or hold advice based on investors' constraints. NN Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Execute NN Buy or Sell Advice

The NN recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NN Inc. Macroaxis does not own or have any residual interests in NN Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NN's advice using the current market data and latest reported fundamentals.

Time Horizon

30  Days

Risk Tolerance

I am an educated risk taker
Execute Advice
Sell NNBuy NN
JavaScript chart by amCharts 3.21.15
Strong Sell

Market Performance

Very WeakDetails

Volatility

Very riskyDetails

Hype Condition

StaleDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Barely shadows the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Not AvailableDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon NN Inc has a Mean Deviation of 3.5, Standard Deviation of 4.38 and Variance of 19.14
We provide trade recommendation to complement the latest expert consensus on NN Inc. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at this moment. To make sure NN Inc is not overpriced, please verify all NN Inc fundamentals, including its shares owned by insiders, cash and equivalents, target price, as well as the relationship between the price to sales and book value per share . Please also check out NN price to earning to check your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself this quarter and beyond.

NN Trading Alerts and Improvement Suggestions

NN Inc generated a negative expected return over the last 90 days
NN Inc has high historical volatility and very poor performance
The company reported the previous year's revenue of 464.29 M. Net Loss for the year was (38.27 M) with profit before overhead, payroll, taxes, and interest of 74.48 M.
About 73.0% of the company shares are owned by institutional investors

NN Returns Distribution Density

The distribution of NN's historical returns is an attempt to chart the uncertainty of NN's future price movements. The chart of the probability distribution of NN daily returns describes the distribution of returns around its average expected value. We use NN Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NN returns is essential to provide solid investment advice for NN.
Mean Return
-0.44
Value At Risk
-8.3
Potential Upside
6.73
Standard Deviation
4.38
   Return Density   
JavaScript chart by amCharts 3.21.15-24.55-18.33-12.12-6.21-0.315.7311.4717.523.5429.58VARUpside 0.0050.0100.0150.020
JavaScript chart by amCharts 3.21.15GOOGLE
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NN 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.

NN 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 NN or Machinery 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 NN's 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 NN 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
-0.45
β
Beta against Dow Jones0.13
σ
Overall volatility
4.38
Ir
Information ratio -0.09

NN Volatility Alert

NN Inc exhibits very low volatility with skewness of 0.23 and kurtosis of 0.05. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NN's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NN's 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.

NN Fundamentals Vs Peers

Comparing NN's 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 NN's direct or indirect competition across all of the common fundamentals between NN and the related equities. This way, we can detect undervalued stocks with similar characteristics as NN or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NN's fundamental indicators could also be used in its relative valuation, which is a method of valuing NN by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare NN to competition
FundamentalsNNPeer Average
Return On Equity-0.19-0.31
Return On Asset-0.0277-0.14
Profit Margin(0.08) %(1.27) %
Operating Margin(0.11) %(5.51) %
Current Valuation309.53 M16.62 B
Shares Outstanding49.89 M571.82 M
Shares Owned By Insiders9.52 %10.09 %
Shares Owned By Institutions72.80 %39.21 %
Number Of Shares Shorted2.37 M4.71 M
Price To Earning1.00 X28.72 X
Price To Book1.75 X9.51 X
Price To Sales0.28 X11.42 X
Revenue464.29 M9.43 B
Gross Profit74.48 M27.38 B
EBITDA21.96 M3.9 B
Net Income(38.27 M)570.98 M
Cash And Equivalents16.26 M2.7 B
Cash Per Share0.37 X5.01 X
Total Debt53.37 M5.32 B
Debt To Equity0.78 %48.70 %
Current Ratio2.45 X2.16 X
Book Value Per Share1.49 X1.93 K
Cash Flow From Operations11.07 M971.22 M
Short Ratio12.11 X4.00 X
Earnings Per Share(1.11) X3.12 X
Price To Earnings To Growth1.16 X4.89 X
Target Price6.67
Number Of Employees2.6 K18.84 K
Beta3.08-0.15
Market Capitalization130.7 M19.03 B
Total Asset456.89 M29.47 B
Retained Earnings(333.62 M)9.33 B
Working Capital83.65 M1.48 B
Note: Acquisition by Nixon D. Gail of 1844 shares of NN subject to Rule 16b-3 [view details]

NN Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NN . 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 NN Buy or Sell Advice

When is the right time to buy or sell NN Inc? Buying financial instruments such as NN 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.

Use Investing Ideas to Build Portfolios

In addition to having NN 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 Precious Metals ETFs Thematic Idea Now

Precious Metals ETFs
Precious Metals ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Precious Metals ETFs theme has 30 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 Precious Metals ETFs Theme or any other thematic opportunities.
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Additional Tools for NN Stock Analysis

When running NN's price analysis, check to measure NN'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 NN is operating at the current time. Most of NN's value examination focuses on studying past and present price action to predict the probability of NN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NN's price. Additionally, you may evaluate how the addition of NN to your portfolios can decrease your overall portfolio volatility.

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