Next Technology Holding Stock Beta
| NXTT Stock | 0.32 0.02 5.88% |
Next Technology Holding fundamentals help investors to digest information that contributes to Next Technology's financial success or failures. It also enables traders to predict the movement of Next Stock. The fundamental analysis module provides a way to measure Next Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Next Technology stock.
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Next Technology Holding Company Beta Analysis
Next Technology's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Next Technology Beta | 5.93 |
Most of Next Technology's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Next Technology Holding is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Next Technology Holding has a Beta of 5.925. This is much higher than that of the Software sector and 152.13% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
Next Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Next Technology's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Next Technology could also be used in its relative valuation, which is a method of valuing Next Technology by comparing valuation metrics of similar companies.Next Technology is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Next Technology will likely underperform.
Next Fundamentals
| Return On Equity | 0.43 | ||||
| Return On Asset | -0.0411 | ||||
| Profit Margin | 22.09 % | ||||
| Operating Margin | (3.51) % | ||||
| Current Valuation | (17.82 M) | ||||
| Shares Outstanding | 6.98 M | ||||
| Shares Owned By Insiders | 0.80 % | ||||
| Shares Owned By Institutions | 0.02 % | ||||
| Number Of Shares Shorted | 38.91 K | ||||
| Price To Book | 0.03 X | ||||
| Price To Sales | 1.95 X | ||||
| Revenue | 2.63 M | ||||
| Gross Profit | 206.14 K | ||||
| EBITDA | (1.78 M) | ||||
| Net Income | (9.92 M) | ||||
| Total Debt | 4.35 M | ||||
| Book Value Per Share | 10.62 X | ||||
| Cash Flow From Operations | 19.9 M | ||||
| Short Ratio | 0.40 X | ||||
| Earnings Per Share | 13.04 X | ||||
| Beta | 5.93 | ||||
| Market Capitalization | 2.21 M | ||||
| Total Asset | 49.06 M | ||||
| Retained Earnings | (11.63 M) | ||||
| Working Capital | 50.9 M | ||||
| Net Asset | 49.06 M |
About Next Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Next Technology Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Next Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Next Technology Holding based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Next Stock Analysis
When running Next Technology's price analysis, check to measure Next Technology'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 Next Technology is operating at the current time. Most of Next Technology's value examination focuses on studying past and present price action to predict the probability of Next Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Next Technology's price. Additionally, you may evaluate how the addition of Next Technology to your portfolios can decrease your overall portfolio volatility.