Nuvei Corp Performance
Nuvei Corp has a performance score of 14 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.0362, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nuvei Corp are expected to decrease at a much lower rate. During the bear market, Nuvei Corp is likely to outperform the market. Nuvei Corp right now secures a risk of 0.24%. Please verify Nuvei Corp treynor ratio, downside variance, as well as the relationship between the Downside Variance and kurtosis , to decide if Nuvei Corp will be following its current price movements.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Nuvei Corp are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. Despite fairly strong technical and fundamental indicators, Nuvei Corp is not utilizing all of its potentials. The latest stock price confusion, may contribute to short-horizon losses for the traders. ...more
| Begin Period Cash Flow | 751.7 M |
Nuvei |
Nuvei Corp Relative Risk vs. Return Landscape
If you would invest 3,334 in Nuvei Corp on September 19, 2024 and sell it today you would earn a total of 65.00 from holding Nuvei Corp or generate 1.95% return on investment over 90 days. Nuvei Corp is currently generating 0.0442% in daily expected returns and assumes 0.2407% risk (volatility on return distribution) over the 90 days horizon. In different words, 2% of stocks are less volatile than Nuvei, 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 |
Nuvei Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nuvei Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nuvei Corp, and traders can use it to determine the average amount a Nuvei Corp's 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 = 0.1835
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| Negative Returns | NVEI |
Estimated Market Risk
| 0.24 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Nuvei Corp is performing at about 14% of its full potential. 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 Nuvei Corp by adding it to a well-diversified portfolio.
Nuvei Corp Fundamentals Growth
Nuvei Stock prices reflect investors' perceptions of the future prospects and financial health of Nuvei Corp, and Nuvei Corp 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 Nuvei Stock performance.
| Return On Equity | 0.0155 | ||||
| Return On Asset | 0.0259 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 5.91 B | ||||
| Shares Outstanding | 66.1 M | ||||
| Price To Earning | 36.46 X | ||||
| Price To Book | 2.31 X | ||||
| Price To Sales | 3.56 X | ||||
| Revenue | 1.19 B | ||||
| EBITDA | 257.04 M | ||||
| Cash And Equivalents | 721.62 M | ||||
| Cash Per Share | 5.11 X | ||||
| Total Debt | 1.26 B | ||||
| Debt To Equity | 0.26 % | ||||
| Book Value Per Share | 14.71 X | ||||
| Cash Flow From Operations | 263 M | ||||
| Earnings Per Share | 0.16 X | ||||
| Total Asset | 5.14 B | ||||
| Retained Earnings | (224.9 M) | ||||
Things to note about Nuvei Corp performance evaluation
Checking the ongoing alerts about Nuvei Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nuvei Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nuvei Corp is not yet fully synchronised with the market data | |
| Nuvei Corp has some characteristics of a very speculative penny stock | |
| Nuvei Corp has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 1.19 B. Net Loss for the year was (696 K) with profit before overhead, payroll, taxes, and interest of 671.9 M. | |
| Over 79.0% of the company shares are owned by institutional investors |
- Analyzing Nuvei Corp's 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 Nuvei Corp's stock is overvalued or undervalued compared to its peers.
- Examining Nuvei Corp's 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 Nuvei Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nuvei Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nuvei Corp's stock. These opinions can provide insight into Nuvei Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Other Consideration for investing in Nuvei Stock
If you are still planning to invest in Nuvei Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nuvei Corp's history and understand the potential risks before investing.
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