NexteGO NV Market Capitalization vs. Retained Earnings
| EGOX Stock | 0.0001 0.00 0.00% |
For NexteGO NV profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NexteGO NV to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NexteGO NV Ordinary utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NexteGO NV's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NexteGO NV Ordinary over time as well as its relative position and ranking within its peers.
NexteGO |
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NexteGO NV. If investors know NexteGO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NexteGO NV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NexteGO NV Ordinary is measured differently than its book value, which is the value of NexteGO that is recorded on the company's balance sheet. Investors also form their own opinion of NexteGO NV's value that differs from its market value or its book value, called intrinsic value, which is NexteGO NV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NexteGO NV's market value can be influenced by many factors that don't directly affect NexteGO NV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NexteGO NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexteGO NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexteGO NV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
NexteGO NV Ordinary Retained Earnings vs. Market Capitalization Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NexteGO NV's current stock value. Our valuation model uses many indicators to compare NexteGO NV value to that of its competitors to determine the firm's financial worth. NexteGO NV Ordinary is rated below average in market capitalization category among its peers. It is rated below average in retained earnings category among its peers reporting about 7.45 of Retained Earnings per Market Capitalization. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NexteGO NV's earnings, one of the primary drivers of an investment's value.NexteGO Market Capitalization vs. Competition
NexteGO NV Ordinary is rated below average in market capitalization category among its peers. Market capitalization of Consumer Discretionary industry is currently estimated at about 46.34 Billion. NexteGO NV adds roughly 2.89 Million in market capitalization claiming only tiny portion of stocks in Consumer Discretionary industry.
NexteGO Retained Earnings vs. Market Capitalization
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
NexteGO NV |
| = | 2.89 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
NexteGO NV |
| = | 21.5 M |
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
NexteGO Retained Earnings Comparison
NexteGO NV is currently under evaluation in retained earnings category among its peers.
NexteGO Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NexteGO NV. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of NexteGO NV position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the NexteGO NV's important profitability drivers and their relationship over time.
Use NexteGO NV in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NexteGO NV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NexteGO NV will appreciate offsetting losses from the drop in the long position's value.NexteGO NV Pair Trading
NexteGO NV Ordinary Pair Trading Analysis
The ability to find closely correlated positions to NexteGO NV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NexteGO NV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NexteGO NV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NexteGO NV Ordinary to buy it.
The correlation of NexteGO NV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NexteGO NV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NexteGO NV Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NexteGO NV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your NexteGO NV position
In addition to having NexteGO NV in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for NexteGO 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.