Nexoptic Technology Corp Stock Performance
| NXO Stock | CAD 0.03 0.01 16.67% |
Nexoptic Technology holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nexoptic Technology are expected to decrease at a much lower rate. During the bear market, Nexoptic Technology is likely to outperform the market. Use Nexoptic Technology Corp downside variance, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Nexoptic Technology Corp.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Nexoptic Technology Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, Nexoptic Technology showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:3 | Last Split Date 2015-04-16 |
| Begin Period Cash Flow | 762.3 K |
Nexoptic |
Nexoptic Technology Relative Risk vs. Return Landscape
If you would invest 2.00 in Nexoptic Technology Corp on September 22, 2024 and sell it today you would earn a total of 0.50 from holding Nexoptic Technology Corp or generate 25.0% return on investment over 90 days. Nexoptic Technology Corp is currently producing 1.1781% returns and takes up 14.2503% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Nexoptic, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nexoptic Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nexoptic Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nexoptic Technology Corp, and traders can use it to determine the average amount a Nexoptic Technology'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 = 0.0827
| Best Portfolio | Best Equity | |||
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| Small Returns | NXO | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 14.25 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.18 actual daily | 23 77% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Nexoptic Technology is performing at about 6% of its full potential. 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 Nexoptic Technology by adding it to a well-diversified portfolio.
Nexoptic Technology Fundamentals Growth
Nexoptic Stock prices reflect investors' perceptions of the future prospects and financial health of Nexoptic Technology, and Nexoptic Technology 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 Nexoptic Stock performance.
| Return On Equity | -7.51 | ||||
| Return On Asset | -3.93 | ||||
| Current Valuation | 4.93 M | ||||
| Shares Outstanding | 195.22 M | ||||
| Price To Earning | (19.05) X | ||||
| Price To Book | 393.69 X | ||||
| EBITDA | (1.95 M) | ||||
| Net Income | (1.69 M) | ||||
| Cash And Equivalents | 1.09 M | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 80 K | ||||
| Debt To Equity | 0.20 % | ||||
| Current Ratio | 3.14 X | ||||
| Book Value Per Share | (0.01) X | ||||
| Cash Flow From Operations | (723.41 K) | ||||
| Market Capitalization | 4.88 M | ||||
| Total Asset | 106.74 K | ||||
| Retained Earnings | (90.43 M) | ||||
| Working Capital | (1.76 M) | ||||
About Nexoptic Technology Performance
Evaluating Nexoptic Technology's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nexoptic Technology 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 Nexoptic Technology has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (15.87) | (16.66) | |
| Return On Capital Employed | 1.09 | 1.19 | |
| Return On Assets | (15.87) | (16.66) | |
| Return On Equity | 0.92 | 0.88 |
Things to note about Nexoptic Technology Corp performance evaluation
Checking the ongoing alerts about Nexoptic Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nexoptic Technology Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nexoptic Technology is way too risky over 90 days horizon | |
| Nexoptic Technology has some characteristics of a very speculative penny stock | |
| Nexoptic Technology appears to be risky and price may revert if volatility continues | |
| Nexoptic Technology has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.69 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nexoptic Technology Corp has accumulated about 1.09 M in cash with (723.41 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing Nexoptic Technology'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 Nexoptic Technology's stock is overvalued or undervalued compared to its peers.
- Examining Nexoptic Technology'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 Nexoptic Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nexoptic Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nexoptic Technology's stock. These opinions can provide insight into Nexoptic Technology's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nexoptic Stock Analysis
When running Nexoptic Technology's price analysis, check to measure Nexoptic Technology'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 Nexoptic Technology is operating at the current time. Most of Nexoptic Technology's value examination focuses on studying past and present price action to predict the probability of Nexoptic Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexoptic Technology's price. Additionally, you may evaluate how the addition of Nexoptic Technology to your portfolios can decrease your overall portfolio volatility.