NexGen Energy Shares Owned By Institutions vs. Debt To Equity
| NXE Stock | CAD 10.52 0.17 1.59% |
For NexGen Energy profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NexGen Energy to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NexGen Energy utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NexGen Energy's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NexGen Energy over time as well as its relative position and ranking within its peers.
NexGen |
NexGen Energy Debt To Equity vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NexGen Energy's current stock value. Our valuation model uses many indicators to compare NexGen Energy value to that of its competitors to determine the firm's financial worth. NexGen Energy is regarded second in shares owned by institutions category among its peers. It is considered to be number one stock in debt to equity category among its peers fabricating about 0.02 of Debt To Equity per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Debt To Equity for NexGen Energy is roughly 61.13 . Comparative valuation analysis is a catch-all model that can be used if you cannot value NexGen Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NexGen Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.NexGen Debt To Equity vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
NexGen Energy |
| = | 53.00 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
NexGen Energy |
| = | 0.87 % |
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
NexGen Debt To Equity Comparison
NexGen Energy is currently under evaluation in debt to equity category among its peers.
NexGen Energy Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in NexGen Energy, profitability is also one of the essential criteria for including it into their portfolios because, without profit, NexGen Energy will eventually generate negative long term returns. The profitability progress is the general direction of NexGen Energy's change in net profit over the period of time. It can combine multiple indicators of NexGen Energy, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation of uranium properties in Canada. The company holds a 100 percent interest in its principal property, the Rook I project that consists of 32 contiguous mineral claims covering 35,065 hectares located in the southwest Athabasca Basin, Saskatchewan. NEXGEN ENERGY operates under Uranium classification in Canada and is traded on Toronto Stock Exchange. It employs 42 people.
NexGen Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NexGen Energy. 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 NexGen Energy 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 NexGen Energy's important profitability drivers and their relationship over time.
Use NexGen Energy 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 NexGen Energy 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 NexGen Energy will appreciate offsetting losses from the drop in the long position's value.NexGen Energy Pair Trading
NexGen Energy Pair Trading Analysis
The ability to find closely correlated positions to NexGen Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NexGen Energy 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 NexGen Energy - 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 NexGen Energy to buy it.
The correlation of NexGen Energy 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 NexGen Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NexGen Energy 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 NexGen Energy 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 NexGen Energy position
In addition to having NexGen Energy 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?
Run Government Funds Thematic Idea Now
Government Funds
Funds or Etfs that invest in fixed income securities issued by national government to finance government spending or to facilitate Federal Reserve monetary policies. The Government Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Government Funds Theme or any other thematic opportunities.
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Check out Correlation Analysis. To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
To fully project NexGen Energy's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NexGen Energy at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include NexGen Energy's income statement, its balance sheet, and the statement of cash flows.