NEXTDC (Germany) Performance
| 2NX Stock | EUR 8.85 0.05 0.57% |
The company secures a Beta (Market Risk) of 0.27, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NEXTDC's returns are expected to increase less than the market. However, during the bear market, the loss of holding NEXTDC is expected to be smaller as well. At this point, NEXTDC LTD has a negative expected return of -0.19%. Please make sure to verify NEXTDC's kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to decide if NEXTDC LTD performance from the past will be repeated at future time.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days NEXTDC LTD has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
NEXTDC |
NEXTDC Relative Risk vs. Return Landscape
If you would invest 1,020 in NEXTDC LTD on September 24, 2024 and sell it today you would lose (135.00) from holding NEXTDC LTD or give up 13.24% of portfolio value over 90 days. NEXTDC LTD is currently producing negative expected returns and takes up 2.3201% volatility of returns over 90 trading days. Put another way, 20% of traded stocks are less volatile than NEXTDC, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NEXTDC Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEXTDC's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NEXTDC LTD, and traders can use it to determine the average amount a NEXTDC's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0826
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 2NX |
Estimated Market Risk
| 2.32 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NEXTDC is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NEXTDC by adding NEXTDC to a well-diversified portfolio.
NEXTDC Fundamentals Growth
NEXTDC Stock prices reflect investors' perceptions of the future prospects and financial health of NEXTDC, and NEXTDC fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NEXTDC Stock performance.
| Return On Equity | 0.0054 | |||
| Return On Asset | 0.0122 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.19 % | |||
| Shares Outstanding | 458.29 M | |||
| Price To Earning | 241.81 X | |||
| Revenue | 291.04 M | |||
| EBITDA | 153.3 M | |||
| Cash And Equivalents | 308.94 M | |||
| Cash Per Share | 0.90 X | |||
| Total Debt | 224.8 M | |||
| Debt To Equity | 74.90 % | |||
| Book Value Per Share | 3.72 X | |||
| Cash Flow From Operations | 24.68 M | |||
| Earnings Per Share | 0.01 X | |||
About NEXTDC Performance
By analyzing NEXTDC's fundamental ratios, stakeholders can gain valuable insights into NEXTDC's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NEXTDC has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NEXTDC has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NEXTDC Limited provides data center outsourcing solutions, connectivity services, and infrastructure management software in Australia. The company was founded in 2010 and is headquartered in Brisbane, Australia. NEXTDC LTD operates under Data Storage classification in Germany and is traded on Frankfurt Stock Exchange.Things to note about NEXTDC LTD performance evaluation
Checking the ongoing alerts about NEXTDC for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NEXTDC LTD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NEXTDC LTD generated a negative expected return over the last 90 days | |
| NEXTDC LTD has accumulated €224.8 Million in debt which can lead to volatile earnings |
- Analyzing NEXTDC's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NEXTDC's stock is overvalued or undervalued compared to its peers.
- Examining NEXTDC's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NEXTDC's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NEXTDC's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NEXTDC's stock. These opinions can provide insight into NEXTDC's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NEXTDC Stock analysis
When running NEXTDC's price analysis, check to measure NEXTDC'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 NEXTDC is operating at the current time. Most of NEXTDC's value examination focuses on studying past and present price action to predict the probability of NEXTDC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXTDC's price. Additionally, you may evaluate how the addition of NEXTDC to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments |