Nexe Innovations Stock Performance
| NEXNF Stock | USD 0.25 0.02 7.41% |
The company secures a Beta (Market Risk) of 0.47, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NEXE Innovations' returns are expected to increase less than the market. However, during the bear market, the loss of holding NEXE Innovations is expected to be smaller as well. At this point, NEXE Innovations has a negative expected return of -0.15%. Please make sure to verify NEXE Innovations' downside variance and the relationship between the kurtosis and period momentum indicator , to decide if NEXE Innovations performance from the past will be repeated at future time.
Risk-Adjusted Performance
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Over the last 90 days NEXE Innovations has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 50.5 M | |
| Total Cashflows From Investing Activities | -23.8 M | |
| Free Cash Flow | -18.7 M |
NEXE |
NEXE Innovations Relative Risk vs. Return Landscape
If you would invest 29.00 in NEXE Innovations on October 22, 2024 and sell it today you would lose (4.00) from holding NEXE Innovations or give up 13.79% of portfolio value over 90 days. NEXE Innovations is currently producing negative expected returns and takes up 4.2936% volatility of returns over 90 trading days. Put another way, 38% of traded otc stocks are less volatile than NEXE, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NEXE Innovations Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEXE Innovations' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as NEXE Innovations, and traders can use it to determine the average amount a NEXE Innovations' 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 = -0.0358
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| Negative Returns | NEXNF |
Estimated Market Risk
| 4.29 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.15 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NEXE Innovations 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 NEXE Innovations by adding NEXE Innovations to a well-diversified portfolio.
NEXE Innovations Fundamentals Growth
NEXE OTC Stock prices reflect investors' perceptions of the future prospects and financial health of NEXE Innovations, and NEXE Innovations 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 NEXE OTC Stock performance.
| Return On Equity | -0.14 | |||
| Return On Asset | -0.095 | |||
| Operating Margin | (119.46) % | |||
| Current Valuation | 3.47 M | |||
| Shares Outstanding | 97.29 M | |||
| Price To Book | 0.66 X | |||
| Price To Sales | 357.21 X | |||
| Revenue | 26.99 K | |||
| EBITDA | (7.36 M) | |||
| Cash And Equivalents | 32.43 M | |||
| Cash Per Share | 0.34 X | |||
| Total Debt | 985.41 K | |||
| Debt To Equity | 0.04 % | |||
| Book Value Per Share | 0.44 X | |||
| Cash Flow From Operations | (9.99 M) | |||
| Earnings Per Share | (0.12) X | |||
| Total Asset | 49.17 M | |||
About NEXE Innovations Performance
By analyzing NEXE Innovations' fundamental ratios, stakeholders can gain valuable insights into NEXE Innovations' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NEXE Innovations 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 NEXE Innovations has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NEXE Innovations Inc. designs, develops, manufactures, and sells plant-based single-serve coffee pods for use in single-serve coffee machines. The company was founded in 2015 and is headquartered in Surrey, Canada. Nexe Innovations is traded on OTC Exchange in the United States.Things to note about NEXE Innovations performance evaluation
Checking the ongoing alerts about NEXE Innovations for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for NEXE Innovations help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NEXE Innovations generated a negative expected return over the last 90 days | |
| NEXE Innovations has some characteristics of a very speculative penny stock | |
| NEXE Innovations has high historical volatility and very poor performance | |
| The company reported the revenue of 26.99 K. Net Loss for the year was (8.34 M) with loss before overhead, payroll, taxes, and interest of (204.72 K). | |
| NEXE Innovations has accumulated about 32.43 M in cash with (9.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.34, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing NEXE Innovations' 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 NEXE Innovations' stock is overvalued or undervalued compared to its peers.
- Examining NEXE Innovations' 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 NEXE Innovations' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NEXE Innovations' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of NEXE Innovations' otc stock. These opinions can provide insight into NEXE Innovations' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NEXE OTC Stock analysis
When running NEXE Innovations' price analysis, check to measure NEXE Innovations' 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 NEXE Innovations is operating at the current time. Most of NEXE Innovations' value examination focuses on studying past and present price action to predict the probability of NEXE Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXE Innovations' price. Additionally, you may evaluate how the addition of NEXE Innovations to your portfolios can decrease your overall portfolio volatility.
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