Nexcom AS (Denmark) Performance

NEXCOM Stock  DKK 4.50  0.02  0.45%   
Nexcom AS has a performance score of 2 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nexcom AS are expected to decrease at a much lower rate. During the bear market, Nexcom AS is likely to outperform the market. Nexcom AS right now secures a risk of 4.99%. Please verify Nexcom AS semi variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Nexcom AS will be following its current price movements.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Nexcom AS are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Nexcom AS may actually be approaching a critical reversion point that can send shares even higher in April 2025. ...more
  

Nexcom AS Relative Risk vs. Return Landscape

If you would invest  438.00  in Nexcom AS on December 1, 2024 and sell it today you would earn a total of  12.00  from holding Nexcom AS or generate 2.74% return on investment over 90 days. Nexcom AS is generating 0.1669% of daily returns and assumes 4.9911% volatility on return distribution over the 90 days horizon. Simply put, 44% of stocks are less volatile than Nexcom, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Nexcom AS is expected to generate 6.65 times more return on investment than the market. However, the company is 6.65 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly -0.04 per unit of risk.

Nexcom AS Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexcom AS's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nexcom AS, and traders can use it to determine the average amount a Nexcom AS'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 = 0.0334

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Estimated Market Risk

 4.99
  actual daily
44
56% of assets are more volatile

Expected Return

 0.17
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Nexcom AS is performing at about 2% of its full potential. 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 Nexcom AS by adding it to a well-diversified portfolio.

Nexcom AS Fundamentals Growth

Nexcom Stock prices reflect investors' perceptions of the future prospects and financial health of Nexcom AS, and Nexcom AS 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 Nexcom Stock performance.

About Nexcom AS Performance

By analyzing Nexcom AS's fundamental ratios, stakeholders can gain valuable insights into Nexcom AS's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nexcom AS 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 Nexcom AS has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nexcom AS, a software as a service company, engages in the development of software solutions for the automation of customer services in Denmark. The company was founded in 1997 and is based in Karlslunde, Denmark. Nexcom AS operates under SoftwareApplication classification in Denmark and is traded on Copenhagen Stock Exchange. It employs 16 people.

Things to note about Nexcom AS performance evaluation

Checking the ongoing alerts about Nexcom AS for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nexcom AS help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Nexcom AS had very high historical volatility over the last 90 days
The company reported the revenue of 10.96 M. Net Loss for the year was (10.53 M) with profit before overhead, payroll, taxes, and interest of 3.19 M.
Evaluating Nexcom AS's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nexcom AS's stock performance include:
  • Analyzing Nexcom AS'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 Nexcom AS's stock is overvalued or undervalued compared to its peers.
  • Examining Nexcom AS'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 Nexcom AS's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexcom AS's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Nexcom AS's stock. These opinions can provide insight into Nexcom AS's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Nexcom AS's stock performance is not an exact science, and many factors can impact Nexcom AS's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Nexcom Stock analysis

When running Nexcom AS's price analysis, check to measure Nexcom AS'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 Nexcom AS is operating at the current time. Most of Nexcom AS's value examination focuses on studying past and present price action to predict the probability of Nexcom AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexcom AS's price. Additionally, you may evaluate how the addition of Nexcom AS to your portfolios can decrease your overall portfolio volatility.
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