Nextgen Healthcare Performance
| NXGNDelisted Stock | USD 16.53 0.05 0.30% |
The company secures a Beta (Market Risk) of -0.15, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nextgen Healthcare are expected to decrease at a much lower rate. During the bear market, Nextgen Healthcare is likely to outperform the market. Nextgen Healthcare right now secures a risk of 0.0%. Please verify Nextgen Healthcare potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if Nextgen Healthcare will be following its current price movements.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Nextgen Healthcare has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical and fundamental indicators, Nextgen Healthcare is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 66.7 M | |
| Total Cashflows From Investing Activities | -216.9 M |
Nextgen |
Nextgen Healthcare Relative Risk vs. Return Landscape
If you would invest 1,653 in Nextgen Healthcare on September 28, 2024 and sell it today you would earn a total of 0.00 from holding Nextgen Healthcare or generate 0.0% return on investment over 90 days. Nextgen Healthcare is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Nextgen, 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 |
Nextgen Healthcare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextgen Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nextgen Healthcare, and traders can use it to determine the average amount a Nextgen Healthcare'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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| NXGN |
Based on monthly moving average Nextgen Healthcare 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 Nextgen Healthcare by adding Nextgen Healthcare to a well-diversified portfolio.
Nextgen Healthcare Fundamentals Growth
Nextgen Stock prices reflect investors' perceptions of the future prospects and financial health of Nextgen Healthcare, and Nextgen Healthcare 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 Nextgen Stock performance.
| Return On Equity | -0.0144 | |||
| Return On Asset | 0.038 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 1.68 B | |||
| Shares Outstanding | 67.1 M | |||
| Price To Earning | 253.66 X | |||
| Price To Book | 2.93 X | |||
| Price To Sales | 2.10 X | |||
| Revenue | 653.17 M | |||
| EBITDA | 52.93 M | |||
| Cash And Equivalents | 70.73 M | |||
| Cash Per Share | 1.05 X | |||
| Total Debt | 274.76 M | |||
| Debt To Equity | 0.03 % | |||
| Book Value Per Share | 6.31 X | |||
| Cash Flow From Operations | 43.66 M | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 896.1 M | |||
| Retained Earnings | 127.6 M | |||
| Current Asset | 101.06 M | |||
| Current Liabilities | 46.08 M | |||
About Nextgen Healthcare Performance
By examining Nextgen Healthcare's fundamental ratios, stakeholders can obtain critical insights into Nextgen Healthcare's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Nextgen Healthcare is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
NextGen Healthcare, Inc. provides healthcare technology solutions in the United States. NextGen Healthcare, Inc. was incorporated in 1974 and is headquartered in Atlanta, Georgia. Nextgen Healthcare operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 2655 people.Things to note about Nextgen Healthcare performance evaluation
Checking the ongoing alerts about Nextgen Healthcare for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nextgen Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nextgen Healthcare is not yet fully synchronised with the market data | |
| Nextgen Healthcare has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 653.17 M. Net Loss for the year was (2.65 M) with profit before overhead, payroll, taxes, and interest of 332.83 M. | |
| Over 81.0% of the company shares are owned by institutional investors |
- Analyzing Nextgen Healthcare'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 Nextgen Healthcare's stock is overvalued or undervalued compared to its peers.
- Examining Nextgen Healthcare'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 Nextgen Healthcare's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nextgen Healthcare's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nextgen Healthcare's stock. These opinions can provide insight into Nextgen Healthcare'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 price. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Nextgen Stock
If you are still planning to invest in Nextgen Healthcare 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 Nextgen Healthcare's history and understand the potential risks before investing.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Stocks Directory Find actively traded stocks across global markets | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |