NEXE Innovations Financials
| NEXNF Stock | USD 0.31 0.04 14.81% |
With this module, you can analyze NEXE financials for your investing period. You should be able to track the changes in NEXE Innovations individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
NEXE |
The data published in NEXE Innovations' official financial statements typically reflect NEXE Innovations' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving NEXE Innovations' quantitative information. For example, before you start analyzing numbers published by NEXE accountants, it's essential to understand NEXE Innovations' liquidity, profitability, and earnings quality within the context of the Consumer Cyclical space in which it operates.
NEXE Innovations Stock Summary
NEXE Innovations competes with Ball, Sealed Air, International Paper, Avery Dennison, and Packaging Corp. NEXE Innovations Inc. designs, develops, manufactures, and sells plant-based single-serve coffee pods for use in single-serve coffee machines. The company was founded in 2015 and is headquartered in Surrey, Canada. Nexe Innovations is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| Business Address | 109-19353 22 Avenue, |
| Sector | Consumer Cyclical |
| Industry | Packaging & Containers |
| Benchmark | Dow Jones Industrial |
| Website | nexeinnovations.com |
| Phone | 604 359 4725 |
| Currency | USD - US Dollar |
NEXE Innovations Key Financial Ratios
There are many critical financial ratios that NEXE Innovations' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NEXE Innovations reports annually and quarterly.| Return On Equity | -0.14 | |||
| Return On Asset | -0.095 | |||
| Beta | 1.98 | |||
| Z Score | 21.6 |
NEXE Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NEXE Innovations's current stock value. Our valuation model uses many indicators to compare NEXE Innovations value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NEXE Innovations competition to find correlations between indicators driving NEXE Innovations's intrinsic value. More Info.NEXE Innovations is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . 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 NEXE Innovations' earnings, one of the primary drivers of an investment's value.NEXE Innovations Systematic Risk
NEXE Innovations' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NEXE Innovations volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on NEXE Innovations correlated with the market. If Beta is less than 0 NEXE Innovations generally moves in the opposite direction as compared to the market. If NEXE Innovations Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NEXE Innovations is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NEXE Innovations is generally in the same direction as the market. If Beta > 1 NEXE Innovations moves generally in the same direction as, but more than the movement of the benchmark.
NEXE Innovations December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NEXE Innovations help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NEXE Innovations. We use our internally-developed statistical techniques to arrive at the intrinsic value of NEXE Innovations based on widely used predictive technical indicators. In general, we focus on analyzing NEXE OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NEXE Innovations's daily price indicators and compare them against related drivers.
| Downside Deviation | 4.75 | |||
| Information Ratio | 0.0675 | |||
| Maximum Drawdown | 23.33 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 8.7 |
Complementary Tools for NEXE OTC Stock analysis
When running NEXE Innovations' price analysis, check to measure NEXE Innovations' 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 NEXE Innovations is operating at the current time. Most of NEXE Innovations' value examination focuses on studying past and present price action to predict the probability of NEXE Innovations' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXE Innovations' price. Additionally, you may evaluate how the addition of NEXE Innovations to your portfolios can decrease your overall portfolio volatility.
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