Nexgen Energy Stock Performance
| NXE Stock | USD 4.95 0.13 2.70% |
The company secures a Beta (Market Risk) of -0.48, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning NexGen Energy are expected to decrease at a much lower rate. During the bear market, NexGen Energy is likely to outperform the market. At this point, NexGen Energy has a negative expected return of -0.49%. Please make sure to verify NexGen Energy's potential upside, rate of daily change, as well as the relationship between the Rate Of Daily Change and period momentum indicator , to decide if NexGen Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days NexGen Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in April 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
| Begin Period Cash Flow | 290.7 M |
NexGen |
NexGen Energy Relative Risk vs. Return Landscape
If you would invest 696.00 in NexGen Energy on December 20, 2024 and sell it today you would lose (201.00) from holding NexGen Energy or give up 28.88% of portfolio value over 90 days. NexGen Energy is generating negative expected returns assuming volatility of 3.8975% on return distribution over 90 days investment horizon. In other words, 34% of stocks are less volatile than NexGen, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
NexGen Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NexGen Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NexGen Energy, and traders can use it to determine the average amount a NexGen Energy'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 = -0.1256
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| Negative Returns | NXE |
Estimated Market Risk
| 3.9 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.49 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 NexGen Energy 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 NexGen Energy by adding NexGen Energy to a well-diversified portfolio.
NexGen Energy Fundamentals Growth
NexGen Stock prices reflect investors' perceptions of the future prospects and financial health of NexGen Energy, and NexGen Energy 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 NexGen Stock performance.
| Return On Equity | -0.0776 | ||||
| Return On Asset | -0.0367 | ||||
| Current Valuation | 2.72 B | ||||
| Shares Outstanding | 569.09 M | ||||
| Price To Earning | (25.53) X | ||||
| Price To Book | 3.35 X | ||||
| EBITDA | (76.78 M) | ||||
| Cash And Equivalents | 167.27 M | ||||
| Cash Per Share | 0.35 X | ||||
| Total Debt | 456.8 M | ||||
| Debt To Equity | 0.14 % | ||||
| Book Value Per Share | 2.07 X | ||||
| Cash Flow From Operations | (24.09 M) | ||||
| Earnings Per Share | (0.10) X | ||||
| Total Asset | 1.66 B | ||||
| Retained Earnings | (381.56 M) | ||||
| Current Asset | 79.78 M | ||||
| Current Liabilities | 2.48 M | ||||
About NexGen Energy Performance
By analyzing NexGen Energy's fundamental ratios, stakeholders can gain valuable insights into NexGen Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NexGen Energy 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 NexGen Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. Its principal asset is the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. Nexgen Energy operates under Uranium classification in the United States and is traded on New York Stock Exchange. It employs 43 people.Things to note about NexGen Energy performance evaluation
Checking the ongoing alerts about NexGen Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NexGen Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NexGen Energy generated a negative expected return over the last 90 days | |
| NexGen Energy has high historical volatility and very poor performance | |
| Reported Net Loss for the year was (77.56 M) with profit before taxes, overhead, and interest of 0. | |
| NexGen Energy has about 167.27 M in cash with (24.09 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.35. |
- Analyzing NexGen Energy'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 NexGen Energy's stock is overvalued or undervalued compared to its peers.
- Examining NexGen Energy'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 NexGen Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NexGen Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NexGen Energy's stock. These opinions can provide insight into NexGen Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NexGen Stock analysis
When running NexGen Energy's price analysis, check to measure NexGen Energy'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 NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.
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