Nextgen Healthcare Performance
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 Nextgen Healthcare are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nextgen Healthcare has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy technical and fundamental indicators, Nextgen Healthcare is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 66.7 M | |
| Total Cashflows From Investing Activities | -216.9 M |
Nextgen |
Nextgen Healthcare Relative Risk vs. Return Landscape
If you would invest (100.00) in Nextgen Healthcare on November 29, 2024 and sell it today you would earn a total of 100.00 from holding Nextgen Healthcare or generate -100.0% return on investment over 90 days. Nextgen Healthcare 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 stocks are less volatile than Nextgen, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nextgen Healthcare Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextgen Healthcare's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nextgen Healthcare, and traders can use it to determine the average amount a Nextgen Healthcare'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 Nextgen Healthcare 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 Nextgen Healthcare by adding Nextgen Healthcare to a well-diversified portfolio.
Nextgen Healthcare Fundamentals Growth
Nextgen Stock prices reflect investors' perceptions of the future prospects and financial health of Nextgen Healthcare, and Nextgen Healthcare 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 Nextgen Stock performance.
| Return On Equity | -0.0144 | |||
| Return On Asset | 0.038 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 1.68 B | |||
| Shares Outstanding | 67.1 M | |||
| Price To Earning | 253.66 X | |||
| Price To Book | 2.93 X | |||
| Price To Sales | 2.10 X | |||
| Revenue | 653.17 M | |||
| EBITDA | 52.93 M | |||
| Cash And Equivalents | 70.73 M | |||
| Cash Per Share | 1.05 X | |||
| Total Debt | 274.76 M | |||
| Debt To Equity | 0.03 % | |||
| Book Value Per Share | 6.31 X | |||
| Cash Flow From Operations | 43.66 M | |||
| Earnings Per Share | (0.09) X | |||
| Total Asset | 896.1 M | |||
| Retained Earnings | 127.6 M | |||
| Current Asset | 101.06 M | |||
| Current Liabilities | 46.08 M | |||
Things to note about Nextgen Healthcare performance evaluation
Checking the ongoing alerts about Nextgen Healthcare for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nextgen Healthcare help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nextgen Healthcare is not yet fully synchronised with the market data | |
| Nextgen Healthcare has some characteristics of a very speculative penny stock | |
| Nextgen Healthcare has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 653.17 M. Net Loss for the year was (2.65 M) with profit before overhead, payroll, taxes, and interest of 332.83 M. | |
| Over 81.0% of the company shares are owned by institutional investors |
- Analyzing Nextgen Healthcare'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 Nextgen Healthcare's stock is overvalued or undervalued compared to its peers.
- Examining Nextgen Healthcare'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 Nextgen Healthcare's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nextgen Healthcare's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nextgen Healthcare's stock. These opinions can provide insight into Nextgen Healthcare's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Nextgen Stock
If you are still planning to invest in Nextgen Healthcare check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nextgen Healthcare's history and understand the potential risks before investing.
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