Gunars Vinkels - NN Interim Solutions

NNBR Stock  USD 3.99  0.08  2.05%   

Insider

Gunars Vinkels is Interim Solutions of NN Inc
Address 6210 Ardrey Kell Road, Charlotte, NC, United States, 28277
Phone980 264 4300
Webhttps://www.nninc.com

NN Management Efficiency

The company has return on total asset (ROA) of (0.0221) % which means that it has lost $0.0221 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1768) %, meaning that it created substantial loss on money invested by shareholders. NN's management efficiency ratios could be used to measure how well NN manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/29/2024, Return On Tangible Assets is likely to grow to -0.11. In addition to that, Return On Capital Employed is likely to grow to -0.05. At this time, NN's Non Current Assets Total are relatively stable compared to the past year. As of 11/29/2024, Non Currrent Assets Other is likely to grow to about 7.4 M, while Other Current Assets are likely to drop slightly above 9 M.
NN Inc currently holds 212.83 M in liabilities with Debt to Equity (D/E) ratio of 0.78, which is about average as compared to similar companies. NN Inc has a current ratio of 2.4, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about NN's use of debt, we should always consider it together with its cash and equity.

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NN, Inc., a diversified industrial company, designs, manufactures, and sells high-precision components and assemblies. NN, Inc. was founded in 1980 and is headquartered in Charlotte, North Carolina. NN operates under Conglomerates classification in the United States and is traded on NASDAQ Exchange. It employs 3172 people. NN Inc (NNBR) is traded on NASDAQ Exchange in USA. It is located in 6210 Ardrey Kell Road, Charlotte, NC, United States, 28277 and employs 2,926 people. NN is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification.

Management Performance

NN Inc Leadership Team

Elected by the shareholders, the NN's board of directors comprises two types of representatives: NN inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NN. The board's role is to monitor NN's management team and ensure that shareholders' interests are well served. NN's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NN's outside directors are responsible for providing unbiased perspectives on the board's policies.
Gunars Vinkels, Interim Solutions
David Harrison, Chief Officer
Douglas Campos, Interim Solutions
Paul Taylor, VP Relations
Michael Felcher, Chief Accounting Officer, Vice President
Matthew JD, Gen VP
Christopher Bohnert, Senior Officer
Christopher CPA, Senior Officer
Warren Veltman, Senior Vice President – General Manager Autocam Precision Components Group
Andrew Wall, VP Officer
Timothy French, Chief Officer
Jami Statham, General VP
John Buchan, Ex Solutions
Harold Bevis, President CEO
Scott Finkhouse, VP Officer
Verlin Bush, VP Officer
WernLirn Wang, President Region
Gail Nixon, Chief Human Resource Officer, Senior Vice President
Tim French, COO VP

NN Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NN a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with NN

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 NN 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 NN will appreciate offsetting losses from the drop in the long position's value.

Moving against NN Stock

  0.47VSTE Vast Renewables Tech BoostPairCorr
The ability to find closely correlated positions to NN could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NN 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 NN - 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 NN Inc to buy it.
The correlation of NN 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 NN moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NN Inc 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 NN 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.
Pair CorrelationCorrelation Matching

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.