Q3 2024 Nexxen International Ltd Earnings Call Transcript
NEXN Stock | 10.39 0.48 4.84% |
About 55% of Nexxen International's investors are presently thinking to get in. The analysis of overall sentiment of trading Nexxen International pink sheet suggests that some investors are interested at this time. Nexxen International's investing sentiment overview a quick insight into current market opportunities from investing in Nexxen International. Many technical investors use Nexxen International stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Nexxen |
Nov 15, 2024 0200PM GMTOperator Thank you for standing by. My name is Janine, and I will be your conference operator today. Welcome to Nexxens third quarter
Read at gurufocus.com
Nexxen International Fundamental Analysis
We analyze Nexxen International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexxen International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexxen International 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Nexxen International is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Nexxen International 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 Nexxen International pink sheet to make a market-neutral strategy. Peer analysis of Nexxen International could also be used in its relative valuation, which is a method of valuing Nexxen International by comparing valuation metrics with similar companies.
Peers
Nexxen International Related Equities
PAL | Proficient Auto | 8.87 | ||||
AIHS | Senmiao Technology | 3.00 | ||||
APOG | Apogee Enterprises | 0.90 | ||||
GZITF | Yuexiu Transport | 0.00 | ||||
COTY | Coty | 0.73 | ||||
MYTE | MYT Netherlands | 3.21 |
Other Information on Investing in Nexxen Pink Sheet
Nexxen International financial ratios help investors to determine whether Nexxen Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nexxen with respect to the benefits of owning Nexxen International security.