Nano X Imaging Stock Buy Hold or Sell Recommendation
| NNOX Stock | USD 6.76 0.19 2.89% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nano X Imaging is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Nano X Imaging given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Nano X Imaging, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nano X Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Nano and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Nano X Imaging. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Nano |
Execute Nano X Buy or Sell Advice
The Nano recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nano X Imaging. Macroaxis does not own or have any residual interests in Nano X Imaging or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nano X's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Insignificant | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nano X Trading Alerts and Improvement Suggestions
| Nano X Imaging had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 9.9 M. Net Loss for the year was (60.78 M) with loss before overhead, payroll, taxes, and interest of (6.88 M). | |
| Nano X Imaging currently holds about 86.63 M in cash with (44.78 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.66. | |
| Latest headline from investing.com: Nano-Xs SWOT analysis AI-driven imaging stock faces growth hurdles |
Nano X Returns Distribution Density
The distribution of Nano X's historical returns is an attempt to chart the uncertainty of Nano X's future price movements. The chart of the probability distribution of Nano X daily returns describes the distribution of returns around its average expected value. We use Nano X Imaging price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nano X returns is essential to provide solid investment advice for Nano X.
| Mean Return | 0.25 | Value At Risk | -7.67 | Potential Upside | 6.35 | Standard Deviation | 5.64 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nano X historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nano Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Nano X, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Nano X Imaging back and forth among themselves.
| Shares | Bank Of New York Mellon Corp | 2024-09-30 | 140.1 K | Nuveen Asset Management, Llc | 2024-09-30 | 131.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 127.3 K | Tempus Wealth Planning, Llc | 2024-09-30 | 121.1 K | Jane Street Group Llc | 2024-06-30 | 98.4 K | Balyasny Asset Management Llc | 2024-09-30 | 93.7 K | Barclays Plc | 2024-09-30 | 86.2 K | Rhumbline Advisers | 2024-09-30 | 70.3 K | Lpl Financial Corp | 2024-09-30 | 65.9 K | Blackrock Inc | 2024-06-30 | 3 M | Morgan Stanley - Brokerage Accounts | 2024-09-30 | 1.4 M |
Nano X Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (125K) | (13.9M) | (116.3M) | 14.6M | 45.9M | 48.2M | |
| Change In Cash | 8.2M | 205.6M | (147.0M) | (28.2M) | 17.8M | 18.7M | |
| Free Cash Flow | (5.6M) | (35.4M) | (61.2M) | (50.6M) | (48.1M) | (50.5M) | |
| Depreciation | 53K | 208K | 2.3M | 11.5M | 11.8M | 12.4M | |
| Other Non Cash Items | 16.4M | 25.3M | (2K) | 52.4M | 5.2M | 5.0M | |
| Capital Expenditures | 125K | 13.9M | 23.2M | 7.2M | 3.3M | 3.1M | |
| Net Income | (22.6M) | (43.8M) | (61.8M) | (105.2M) | (60.8M) | (63.8M) | |
| End Period Cash Flow | 8.2M | 213.8M | 66.8M | 38.5M | 56.4M | 70.3M | |
| Change To Netincome | 16.2M | 24.8M | 23.7M | 46.9M | 54.0M | 56.6M |
Nano X Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nano X or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nano X's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nano stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.19 | |
β | Beta against Dow Jones | 2.17 | |
σ | Overall volatility | 5.70 | |
Ir | Information ratio | 0.04 |
Nano X Volatility Alert
Nano X Imaging exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nano X's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nano X's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nano X Fundamentals Vs Peers
Comparing Nano X's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nano X's direct or indirect competition across all of the common fundamentals between Nano X and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nano X or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nano X's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nano X by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nano X to competition |
| Fundamentals | Nano X | Peer Average |
| Return On Equity | -0.31 | -0.31 |
| Return On Asset | -0.17 | -0.14 |
| Operating Margin | (5.36) % | (5.51) % |
| Current Valuation | 346.71 M | 16.62 B |
| Shares Outstanding | 58.52 M | 571.82 M |
| Shares Owned By Insiders | 8.99 % | 10.09 % |
| Shares Owned By Institutions | 18.66 % | 39.21 % |
| Number Of Shares Shorted | 6.77 M | 4.71 M |
| Price To Book | 2.41 X | 9.51 X |
| Price To Sales | 39.06 X | 11.42 X |
| Revenue | 9.9 M | 9.43 B |
| Gross Profit | (6.88 M) | 27.38 B |
| EBITDA | (47.69 M) | 3.9 B |
| Net Income | (60.78 M) | 570.98 M |
| Cash And Equivalents | 86.63 M | 2.7 B |
| Cash Per Share | 1.66 X | 5.01 X |
| Total Debt | 8.4 M | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Current Ratio | 2.21 X | 2.16 X |
| Book Value Per Share | 3.38 X | 1.93 K |
| Cash Flow From Operations | (44.78 M) | 971.22 M |
| Short Ratio | 10.11 X | 4.00 X |
| Earnings Per Share | (0.86) X | 3.12 X |
| Target Price | 12.33 | |
| Number Of Employees | 164 | 18.84 K |
| Beta | 2.0 | -0.15 |
| Market Capitalization | 395.61 M | 19.03 B |
| Total Asset | 218.65 M | 29.47 B |
| Retained Earnings | (320.23 M) | 9.33 B |
| Working Capital | 73.11 M | 1.48 B |
| Net Asset | 218.65 M |
Nano X Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nano . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nano X Buy or Sell Advice
When is the right time to buy or sell Nano X Imaging? Buying financial instruments such as Nano Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Nano X 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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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 Precious Metals ETFs Theme or any other thematic opportunities.
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Additional Tools for Nano Stock Analysis
When running Nano X's price analysis, check to measure Nano X'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 Nano X is operating at the current time. Most of Nano X's value examination focuses on studying past and present price action to predict the probability of Nano X's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nano X's price. Additionally, you may evaluate how the addition of Nano X to your portfolios can decrease your overall portfolio volatility.