Next Biometrics (Norway) Performance
| NEXT Stock | NOK 6.60 0.04 0.60% |
The company secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Next Biometrics are expected to decrease at a much lower rate. During the bear market, Next Biometrics is likely to outperform the market. At this point, Next Biometrics Group has a negative expected return of -0.25%. Please make sure to verify Next Biometrics' skewness, accumulation distribution, rate of daily change, as well as the relationship between the kurtosis and daily balance of power , to decide if Next Biometrics Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Next Biometrics Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite conflicting performance in the last few months, the Stock's essential indicators remain quite persistent which may send shares a bit higher in January 2025. The latest mess may also be a sign of long-standing up-swing for the company institutional investors. ...more
| Begin Period Cash Flow | 68 M | |
| Total Cashflows From Investing Activities | 489 K |
Next |
Next Biometrics Relative Risk vs. Return Landscape
If you would invest 788.00 in Next Biometrics Group on September 2, 2024 and sell it today you would lose (128.00) from holding Next Biometrics Group or give up 16.24% of portfolio value over 90 days. Next Biometrics Group is generating negative expected returns and assumes 1.9169% volatility on return distribution over the 90 days horizon. Simply put, 17% of stocks are less volatile than Next, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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Next Biometrics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Next Biometrics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Next Biometrics Group, and traders can use it to determine the average amount a Next Biometrics' 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 = -0.1304
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| Negative Returns | NEXT |
Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Next Biometrics 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 Next Biometrics by adding Next Biometrics to a well-diversified portfolio.
Next Biometrics Fundamentals Growth
Next Stock prices reflect investors' perceptions of the future prospects and financial health of Next Biometrics, and Next Biometrics 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 Next Stock performance.
| Return On Equity | -0.41 | |||
| Return On Asset | -0.21 | |||
| Profit Margin | (1.09) % | |||
| Operating Margin | (1.09) % | |||
| Current Valuation | 323.14 M | |||
| Shares Outstanding | 91.98 M | |||
| Price To Earning | (4.24) X | |||
| Price To Book | 3.48 X | |||
| Price To Sales | 8.51 X | |||
| Revenue | 50.76 M | |||
| EBITDA | (50.98 M) | |||
| Cash And Equivalents | 102.71 M | |||
| Cash Per Share | 4.40 X | |||
| Debt To Equity | 4.20 % | |||
| Book Value Per Share | 1.21 X | |||
| Cash Flow From Operations | (47.68 M) | |||
| Earnings Per Share | (0.63) X | |||
| Total Asset | 161.66 M | |||
| Retained Earnings | (289 M) | |||
| Current Asset | 121 M | |||
| Current Liabilities | 20 M | |||
About Next Biometrics Performance
By examining Next Biometrics' fundamental ratios, stakeholders can obtain critical insights into Next Biometrics' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Next Biometrics is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
NEXT Biometrics Group ASA, through its subsidiaries, engages in the research, development, manufacture, and commercialization of fingerprint technology and products in Asia. The company serves industrial and commercial users of electronic components and enterprise computing solutions. NEXT BIOMETRICS operates under Software Providers classification in Norway and is traded on Oslo Stock Exchange. It employs 90 people.Things to note about Next Biometrics Group performance evaluation
Checking the ongoing alerts about Next Biometrics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Next Biometrics Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Next Biometrics generated a negative expected return over the last 90 days | |
| Next Biometrics has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 50.76 M. Net Loss for the year was (58.39 M) with profit before overhead, payroll, taxes, and interest of 8.97 M. | |
| Next Biometrics Group has accumulated about 102.71 M in cash with (47.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.4. | |
| Roughly 51.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Next Biometrics' 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 Next Biometrics' stock is overvalued or undervalued compared to its peers.
- Examining Next Biometrics' 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 Next Biometrics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Next Biometrics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Next Biometrics' stock. These opinions can provide insight into Next Biometrics' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Next Stock
Next Biometrics financial ratios help investors to determine whether Next Stock 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 Next with respect to the benefits of owning Next Biometrics security.