Nexa Resources Sa Stock Performance
| NEXA Stock | USD 5.25 0.04 0.77% |
The company secures a Beta (Market Risk) of 0.28, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nexa Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Nexa Resources is expected to be smaller as well. At this point, Nexa Resources SA has a negative expected return of -0.67%. Please make sure to verify Nexa Resources' potential upside, daily balance of power, as well as the relationship between the Daily Balance Of Power and market facilitation index , to decide if Nexa Resources SA performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nexa Resources SA has generated negative risk-adjusted returns adding no value to investors with long positions. Despite unfluctuating performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 497.8 M | |
| Free Cash Flow | -66.4 M |
Nexa |
Nexa Resources Relative Risk vs. Return Landscape
If you would invest 846.00 in Nexa Resources SA on December 17, 2024 and sell it today you would lose (321.00) from holding Nexa Resources SA or give up 37.94% of portfolio value over 90 days. Nexa Resources SA is currently does not generate positive expected returns and assumes 4.6811% risk (volatility on return distribution) over the 90 days horizon. In different words, 41% of stocks are less volatile than Nexa, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nexa Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexa Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nexa Resources SA, and traders can use it to determine the average amount a Nexa Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1428
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEXA |
Estimated Market Risk
| 4.68 actual daily | 41 59% of assets are more volatile |
Expected Return
| -0.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nexa Resources is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nexa Resources by adding Nexa Resources to a well-diversified portfolio.
Nexa Resources Fundamentals Growth
Nexa Stock prices reflect investors' perceptions of the future prospects and financial health of Nexa Resources, and Nexa Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nexa Stock performance.
| Return On Equity | -0.15 | ||||
| Return On Asset | 0.0346 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | 0.10 % | ||||
| Current Valuation | 1.91 B | ||||
| Shares Outstanding | 132.44 M | ||||
| Price To Earning | 4.26 X | ||||
| Price To Book | 0.85 X | ||||
| Price To Sales | 0.25 X | ||||
| Revenue | 2.57 B | ||||
| EBITDA | 190.25 M | ||||
| Cash And Equivalents | 632.57 M | ||||
| Cash Per Share | 4.78 X | ||||
| Total Debt | 1.73 B | ||||
| Debt To Equity | 0.92 % | ||||
| Book Value Per Share | 6.15 X | ||||
| Cash Flow From Operations | 246.85 M | ||||
| Earnings Per Share | (1.55) X | ||||
| Total Asset | 4.84 B | ||||
| Retained Earnings | (1.03 B) | ||||
| Current Asset | 1.95 B | ||||
| Current Liabilities | 737.12 M | ||||
About Nexa Resources Performance
By analyzing Nexa Resources' fundamental ratios, stakeholders can gain valuable insights into Nexa Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nexa Resources has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nexa Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nexa Resources S.A., together with its subsidiaries, engages in the zinc mining and smelting business. The company was founded in 1956 and is based in Luxembourg, Luxembourg. Nexa Resources is traded on New York Stock Exchange in the United States.Things to note about Nexa Resources SA performance evaluation
Checking the ongoing alerts about Nexa Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nexa Resources SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nexa Resources SA generated a negative expected return over the last 90 days | |
| Nexa Resources SA has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 2.57 B. Net Loss for the year was (289.35 M) with profit before overhead, payroll, taxes, and interest of 538.07 M. | |
| Nexa Resources SA has a strong financial position based on the latest SEC filings | |
| About 66.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nexa Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nexa Resources' stock is overvalued or undervalued compared to its peers.
- Examining Nexa Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nexa Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexa Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nexa Resources' stock. These opinions can provide insight into Nexa Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nexa Stock analysis
When running Nexa Resources' price analysis, check to measure Nexa Resources' 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 Nexa Resources is operating at the current time. Most of Nexa Resources' value examination focuses on studying past and present price action to predict the probability of Nexa Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexa Resources' price. Additionally, you may evaluate how the addition of Nexa Resources to your portfolios can decrease your overall portfolio volatility.
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