Needham bullish on Nexxen stocksees political ads DSPSSP growth driving upside
| 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 |
Needham bullish on Nexxen stocksees political ads DSPSSP growth driving upside
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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.
Beta
Beta Comparative Analysis
Nexxen International is currently under evaluation in beta category among its peers. 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.
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.