The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and NexteGO NV are completely uncorrelated.
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Over the last 90 days NexteGO NV Ordinary has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong basic indicators, NexteGO NV is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Begin Period Cash Flow
11.1 M
NexteGO
NexteGO NV Relative Risk vs. Return Landscape
If you would invest 0.01 in NexteGO NV Ordinary on December 23, 2024 and sell it today you would earn a total of 0.00 from holding NexteGO NV Ordinary or generate 0.0% return on investment over 90 days. NexteGO NV Ordinary is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of otc stocks are less volatile than NexteGO, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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NexteGO NV Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NexteGO NV's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as NexteGO NV Ordinary, and traders can use it to determine the average amount a NexteGO NV's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average NexteGO NV is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NexteGO NV by adding NexteGO NV to a well-diversified portfolio.
NexteGO NV Fundamentals Growth
NexteGO OTC Stock prices reflect investors' perceptions of the future prospects and financial health of NexteGO NV, and NexteGO NV fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NexteGO OTC Stock performance.
Evaluating NexteGO NV's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if NexteGO NV has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NexteGO NV has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about NexteGO NV Ordinary performance evaluation
Checking the ongoing alerts about NexteGO NV for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for NexteGO NV Ordinary help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
NexteGO NV Ordinary generated a negative expected return over the last 90 days
NexteGO NV Ordinary has some characteristics of a very speculative penny stock
NexteGO NV Ordinary has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 5.71 M. Net Loss for the year was (57.71 M) with profit before overhead, payroll, taxes, and interest of 0.
NexteGO NV generates negative cash flow from operations
Evaluating NexteGO NV's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NexteGO NV's otc stock performance include:
Analyzing NexteGO NV's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NexteGO NV's stock is overvalued or undervalued compared to its peers.
Examining NexteGO NV's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
Evaluating NexteGO NV's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NexteGO NV's management team can help you assess the OTC Stock's leadership.
Pay attention to analyst opinions and ratings of NexteGO NV's otc stock. These opinions can provide insight into NexteGO NV's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating NexteGO NV's otc stock performance is not an exact science, and many factors can impact NexteGO NV's otc stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
Additional Tools for NexteGO OTC Stock Analysis
When running NexteGO NV's price analysis, check to measure NexteGO NV'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 NexteGO NV is operating at the current time. Most of NexteGO NV's value examination focuses on studying past and present price action to predict the probability of NexteGO NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexteGO NV's price. Additionally, you may evaluate how the addition of NexteGO NV to your portfolios can decrease your overall portfolio volatility.