NexGen Energy (Germany) Performance
| 6NE Stock | EUR 6.86 0.46 6.28% |
On a scale of 0 to 100, NexGen Energy holds a performance score of 9. The company secures a Beta (Market Risk) of 0.54, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NexGen Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding NexGen Energy is expected to be smaller as well. Please check NexGen Energy's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether NexGen Energy's current price movements will revert.
Risk-Adjusted Performance
9 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in NexGen Energy are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, NexGen Energy reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 201.8 M |
NexGen |
NexGen Energy Relative Risk vs. Return Landscape
If you would invest 524.00 in NexGen Energy on September 19, 2024 and sell it today you would earn a total of 162.00 from holding NexGen Energy or generate 30.92% return on investment over 90 days. NexGen Energy is currently producing 0.4988% returns and takes up 4.1369% volatility of returns over 90 trading days. Put another way, 36% of traded stocks are less volatile than NexGen, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NexGen Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NexGen Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NexGen Energy, and traders can use it to determine the average amount a NexGen Energy'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 = 0.1206
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Estimated Market Risk
| 4.14 actual daily | 36 64% of assets are more volatile |
Expected Return
| 0.5 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average NexGen Energy is performing at about 9% 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 NexGen Energy by adding it to a well-diversified portfolio.
NexGen Energy Fundamentals Growth
NexGen Stock prices reflect investors' perceptions of the future prospects and financial health of NexGen Energy, and NexGen Energy 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 NexGen Stock performance.
| Return On Equity | -0.13 | |||
| Return On Asset | -0.0679 | |||
| Current Valuation | 1.83 B | |||
| Shares Outstanding | 487.08 M | |||
| Price To Earning | (24.24) X | |||
| Price To Book | 6.30 X | |||
| EBITDA | (57.11 M) | |||
| Cash And Equivalents | 226.8 M | |||
| Cash Per Share | 0.48 X | |||
| Total Debt | 80.02 M | |||
| Debt To Equity | 0.13 % | |||
| Book Value Per Share | 0.87 X | |||
| Cash Flow From Operations | (20.18 M) | |||
| Earnings Per Share | (0.07) X | |||
| Total Asset | 554.56 M | |||
About NexGen Energy Performance
By analyzing NexGen Energy's fundamental ratios, stakeholders can gain valuable insights into NexGen Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NexGen Energy 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 NexGen Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. Its principal asset is the Rook I project that consists of 32 contiguous mineral claims totaling an area of 35,065 hectares located in the Athabasca Basin, Saskatchewan. NEXGEN ENERGY operates under Uranium classification in Germany and is traded on Frankfurt Stock Exchange. It employs 32 people.Things to note about NexGen Energy performance evaluation
Checking the ongoing alerts about NexGen Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NexGen Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NexGen Energy had very high historical volatility over the last 90 days | |
| Net Loss for the year was (56.59 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NexGen Energy has accumulated about 226.8 M in cash with (20.18 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48. | |
| Roughly 16.0% of the company shares are owned by insiders or employees |
- Analyzing NexGen Energy'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 NexGen Energy's stock is overvalued or undervalued compared to its peers.
- Examining NexGen Energy'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 NexGen Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NexGen Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NexGen Energy's stock. These opinions can provide insight into NexGen Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NexGen Stock analysis
When running NexGen Energy's price analysis, check to measure NexGen Energy'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 NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.
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