NX Filtration Shares Owned By Insiders vs. Cash Flow From Operations
| NXFIL Stock | 3.31 0.11 3.22% |
For NX Filtration profitability analysis, we use financial ratios and fundamental drivers that measure the ability of NX Filtration to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well NX Filtration Holding utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between NX Filtration's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of NX Filtration Holding over time as well as its relative position and ranking within its peers.
NXFIL |
NX Filtration Holding Cash Flow From Operations vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining NX Filtration's current stock value. Our valuation model uses many indicators to compare NX Filtration value to that of its competitors to determine the firm's financial worth.NXFIL Cash Flow From Operations vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
NX Filtration |
| = | 79.65 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
NX Filtration |
| = | (13.21 M) |
Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.
NXFIL Cash Flow From Operations Comparison
NX Filtration is currently under evaluation in cash flow from operations category among its peers.
NXFIL Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on NX Filtration. 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 NX Filtration 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 NX Filtration's important profitability drivers and their relationship over time.
Use NX Filtration 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 NX Filtration 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 NX Filtration will appreciate offsetting losses from the drop in the long position's value.NX Filtration Pair Trading
NX Filtration Holding Pair Trading Analysis
The ability to find closely correlated positions to NX Filtration could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NX Filtration 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 NX Filtration - 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 NX Filtration Holding to buy it.
The correlation of NX Filtration 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 NX Filtration moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NX Filtration Holding 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 NX Filtration 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 NX Filtration position
In addition to having NX Filtration 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 Diversified Assets Thematic Idea Now
Diversified Assets
Pablicly traded close-end funds and other entities backed by different types of diversified investments. The Diversified Assets 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 Diversified Assets Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in NXFIL Stock
To fully project NX Filtration's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of NX Filtration Holding 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 NX Filtration's income statement, its balance sheet, and the statement of cash flows.