NEXON Co., Ltd. Not Lagging Market On Growth Or Pricing - Simply Wall St
| 7NX Stock | EUR 13.40 0.30 2.29% |
Roughly 55% of NEXON's stockholders are presently thinking to get in. The analysis of current outlook of investing in NEXON Co suggests that some traders are interested regarding NEXON's prospects. The current market sentiment, together with NEXON's historical and current headlines, can help investors time the market. In addition, many technical investors use NEXON stock news signals to limit their universe of possible portfolio assets.
NEXON stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of NEXON daily returns and investor perception about the current price of NEXON Co as well as its diversification or hedging effects on your existing portfolios.
NEXON |
NEXON Co., Ltd. Not Lagging Market On Growth Or Pricing Simply Wall St
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NEXON Fundamental Analysis
We analyze NEXON's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NEXON using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NEXON 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.
Z Score
Z Score Comparative Analysis
NEXON is currently under evaluation in z score category among its peers. Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
NEXON Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NEXON stock to make a market-neutral strategy. Peer analysis of NEXON could also be used in its relative valuation, which is a method of valuing NEXON by comparing valuation metrics with similar companies.
Peers
NEXON Related Equities
| 6GC | Gamma Communications | 1.03 | ||||
| 4I3 | ECHO INVESTMENT | 0.98 | ||||
| QCH | Computershare | 0.99 | ||||
| BEW | DIVERSIFIED ROYALTY | 2.46 | ||||
| QCH | COMPUTERSHARE | 3.50 | ||||
| DNN | Strategic Investments | 7.69 |
Complementary Tools for NEXON Stock analysis
When running NEXON's price analysis, check to measure NEXON'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 NEXON is operating at the current time. Most of NEXON's value examination focuses on studying past and present price action to predict the probability of NEXON's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXON's price. Additionally, you may evaluate how the addition of NEXON to your portfolios can decrease your overall portfolio volatility.
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