NEXON Co., Ltd. Just Beat Earnings Expectations Heres What Analysts Think Will Happen Next - Simply Wall St
7NX Stock | 13.60 0.20 1.49% |
Slightly above 50% of NEXON's private investors 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. NEXON's investing sentiment can be driven by a variety of factors including economic data, NEXON's earnings reports, geopolitical events, and overall market trends.
NEXON |
NEXON Co., Ltd. Just Beat Earnings Expectations Heres What Analysts Think Will Happen Next 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.
Return On Equity
Return On Equity Comparative Analysis
NEXON is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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
3TY | Titan Machinery | 2.84 | ||||
GRG | Granite Construction | 1.65 | ||||
HAM | Harmony Gold | 1.17 | ||||
5TUA | HYDROFARM HLD | 1.54 | ||||
PO6 | Penta Ocean | 2.02 | ||||
A35 | Federal Agricultural | 2.94 | ||||
LY1 | LION ONE | 5.88 |
Additional 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.