Is Nyxoah Stock a Good Investment?
Nyxoah Investment Advice | NYXH |
- Examine Nyxoah's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Nyxoah's leadership team and their track record. Good management can help Nyxoah navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Nyxoah's business and its evolving consumer preferences.
- Compare Nyxoah's performance and market position to its competitors. Analyze how Nyxoah is positioned in terms of product offerings, innovation, and market share.
- Check if Nyxoah pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Nyxoah's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Nyxoah stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Nyxoah is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Nyxoah Stock
Researching Nyxoah's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 38.0% of the company outstanding shares are owned by corporate insiders. The book value of Nyxoah was now reported as 3.06. The company recorded a loss per share of 1.97. Nyxoah had not issued any dividends in recent years.
To determine if Nyxoah is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Nyxoah's research are outlined below:
| Nyxoah appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 4.35 M. Net Loss for the year was (44.66 M) with profit before overhead, payroll, taxes, and interest of 2.97 M. | |
| Nyxoah currently holds about 123.32 M in cash with (44.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.77. | |
| Roughly 38.0% of the company outstanding shares are owned by corporate insiders |
Nyxoah uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Nyxoah. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Nyxoah's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of March 2024 Upcoming Quarterly Report | View | |
| 21st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Nyxoah's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 437.9 M.Basic technical analysis of Nyxoah Stock
As of the 19th of March, Nyxoah secures the Risk Adjusted Performance of 0.1548, mean deviation of 2.1, and Downside Deviation of 2.0. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nyxoah, as well as the relationship between them.Nyxoah's Outstanding Corporate Bonds
Nyxoah issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nyxoah uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nyxoah bonds can be classified according to their maturity, which is the date when Nyxoah has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Nyxoah's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Nyxoah's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1548 | |||
| Market Risk Adjusted Performance | 1.45 | |||
| Mean Deviation | 2.1 | |||
| Semi Deviation | 1.51 | |||
| Downside Deviation | 2.0 | |||
| Coefficient Of Variation | 596.28 | |||
| Standard Deviation | 3.13 | |||
| Variance | 9.78 | |||
| Information Ratio | 0.1955 | |||
| Jensen Alpha | 0.5491 | |||
| Total Risk Alpha | 0.8588 | |||
| Sortino Ratio | 0.3056 | |||
| Treynor Ratio | 1.44 | |||
| Maximum Drawdown | 18.32 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 7.87 | |||
| Downside Variance | 4.0 | |||
| Semi Variance | 2.27 | |||
| Expected Short fall | (3.42) | |||
| Skewness | 1.66 | |||
| Kurtosis | 4.37 |
| Risk Adjusted Performance | 0.1548 | |||
| Market Risk Adjusted Performance | 1.45 | |||
| Mean Deviation | 2.1 | |||
| Semi Deviation | 1.51 | |||
| Downside Deviation | 2.0 | |||
| Coefficient Of Variation | 596.28 | |||
| Standard Deviation | 3.13 | |||
| Variance | 9.78 | |||
| Information Ratio | 0.1955 | |||
| Jensen Alpha | 0.5491 | |||
| Total Risk Alpha | 0.8588 | |||
| Sortino Ratio | 0.3056 | |||
| Treynor Ratio | 1.44 | |||
| Maximum Drawdown | 18.32 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 7.87 | |||
| Downside Variance | 4.0 | |||
| Semi Variance | 2.27 | |||
| Expected Short fall | (3.42) | |||
| Skewness | 1.66 | |||
| Kurtosis | 4.37 |
Consider Nyxoah's intraday indicators
Nyxoah intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nyxoah stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Nyxoah time-series forecasting models is one of many Nyxoah's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nyxoah's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Nyxoah Stock media impact
Far too much social signal, news, headlines, and media speculation about Nyxoah that are available to investors today. That information is available publicly through Nyxoah media outlets and privately through word of mouth or via Nyxoah internal channels. However, regardless of the origin, that massive amount of Nyxoah data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Nyxoah news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Nyxoah relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Nyxoah's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Nyxoah alpha.
Nyxoah Corporate Management
| Jeremy Feffer | VP Communication | Profile | |
| Dorit Nahari | VP Operations | Profile | |
| An Moonen | General Counsel | Profile | |
| John Landry | Chief Officer | Profile | |
| Francis Kim | Chief Officer | Profile | |
| Mikaela Kirkwood | Corporate Manager | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nyxoah. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. For more detail on how to invest in Nyxoah Stock please use our How to Invest in Nyxoah guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nyxoah. If investors know Nyxoah will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nyxoah listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Nyxoah is measured differently than its book value, which is the value of Nyxoah that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxoah's value that differs from its market value or its book value, called intrinsic value, which is Nyxoah's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nyxoah's market value can be influenced by many factors that don't directly affect Nyxoah's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Nyxoah's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Nyxoah is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxoah's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.