Nyxio Price To Sales Ratio from 2010 to 2024

NYXO Stock  USD 0.0001  0.00  0.00%   
Nyxio Tech Price To Sales Ratio yearly trend continues to be very stable with very little volatility. Price To Sales Ratio is likely to drop to 10.29. Price To Sales Ratio is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing Nyxio Tech's market cap by its total sales or revenue over a 12-month period. View All Fundamentals
 
Price To Sales Ratio  
First Reported
2010-12-31
Previous Quarter
10.83
Current Value
10.29
Quarterly Volatility
198.21853265
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nyxio Tech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nyxio Tech's main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Interest Expense of 0.0 or Selling General Administrative of 7.4 M, as well as many indicators such as Price To Sales Ratio of 10.29, Dividend Yield of 0.0 or Days Sales Outstanding of 14.66. Nyxio financial statements analysis is a perfect complement when working with Nyxio Tech Valuation or Volatility modules.
  
Check out the analysis of Nyxio Tech Correlation against competitors.

Pair Trading with Nyxio Tech

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 Nyxio Tech 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 Nyxio Tech will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Nyxio Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nyxio Tech 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 Nyxio Tech - 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 Nyxio Tech Corp to buy it.
The correlation of Nyxio Tech 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 Nyxio Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nyxio Tech Corp 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 Nyxio Tech 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.
Pair CorrelationCorrelation Matching
When determining whether Nyxio Tech Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nyxio Tech's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nyxio Tech Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nyxio Tech Corp Stock:
Check out the analysis of Nyxio Tech Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Consumer Electronics 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 Nyxio Tech. If investors know Nyxio 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 Nyxio Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
7.5
Revenue Per Share
0.007
Return On Assets
(155.74)
The market value of Nyxio Tech Corp is measured differently than its book value, which is the value of Nyxio that is recorded on the company's balance sheet. Investors also form their own opinion of Nyxio Tech's value that differs from its market value or its book value, called intrinsic value, which is Nyxio Tech'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 Nyxio Tech's market value can be influenced by many factors that don't directly affect Nyxio Tech'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 Nyxio Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nyxio Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nyxio Tech'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.