Nxt Energy Solutions Stock Performance
| NSFDF Stock | USD 0.16 0.02 14.29% |
On a scale of 0 to 100, NXT Energy holds a performance score of 4. The company secures a Beta (Market Risk) of -3.07, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NXT Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, NXT Energy is expected to outperform it. Please check NXT Energy's maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to make a quick decision on whether NXT Energy's current price movements will revert.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in NXT Energy Solutions are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly conflicting fundamental indicators, NXT Energy reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.7 M | |
| Total Cashflows From Investing Activities | -274 K |
NXT |
NXT Energy Relative Risk vs. Return Landscape
If you would invest 17.00 in NXT Energy Solutions on September 3, 2024 and sell it today you would lose (1.00) from holding NXT Energy Solutions or give up 5.88% of portfolio value over 90 days. NXT Energy Solutions is currently producing 0.684% returns and takes up 12.9085% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than NXT, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NXT Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NXT Energy's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as NXT Energy Solutions, and traders can use it to determine the average amount a NXT 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 = 0.053
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NSFDF | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 12.91 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.68 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average NXT Energy is performing at about 4% 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 NXT Energy by adding it to a well-diversified portfolio.
NXT Energy Fundamentals Growth
NXT OTC Stock prices reflect investors' perceptions of the future prospects and financial health of NXT Energy, and NXT 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 NXT OTC Stock performance.
| Return On Equity | -0.42 | |||
| Return On Asset | -0.23 | |||
| Operating Margin | 719.29 % | |||
| Current Valuation | 10.26 M | |||
| Shares Outstanding | 77.43 M | |||
| Price To Earning | (2.72) X | |||
| Price To Book | 0.85 X | |||
| Price To Sales | 13.92 X | |||
| Revenue | 3.13 M | |||
| EBITDA | (1.28 M) | |||
| Cash And Equivalents | 1.12 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 935.18 K | |||
| Debt To Equity | 0.17 % | |||
| Book Value Per Share | 0.20 X | |||
| Cash Flow From Operations | (1.03 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 21.58 M | |||
| Retained Earnings | (84.85 M) | |||
| Current Asset | 709 K | |||
| Current Liabilities | 2.84 M | |||
About NXT Energy Performance
By analyzing NXT Energy's fundamental ratios, stakeholders can gain valuable insights into NXT Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NXT 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 NXT Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NXT Energy Solutions Inc., a technology company, provides services to the oil and gas industry through its proprietary stress field detection technology worldwide. NXT Energy Solutions Inc. was incorporated in 1994 and is headquartered in Calgary, Canada. Energy Exploration operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 10 people.Things to note about NXT Energy Solutions performance evaluation
Checking the ongoing alerts about NXT Energy for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for NXT Energy Solutions help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NXT Energy Solutions is way too risky over 90 days horizon | |
| NXT Energy Solutions has some characteristics of a very speculative penny stock | |
| NXT Energy Solutions appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 3.13 M. Net Loss for the year was (3.12 M) with profit before overhead, payroll, taxes, and interest of 1.91 M. | |
| NXT Energy Solutions has accumulated about 1.12 M in cash with (1.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 38.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing NXT 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 NXT Energy's stock is overvalued or undervalued compared to its peers.
- Examining NXT 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 NXT Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NXT Energy's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of NXT Energy's otc stock. These opinions can provide insight into NXT Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NXT OTC Stock analysis
When running NXT Energy's price analysis, check to measure NXT 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 NXT Energy is operating at the current time. Most of NXT Energy's value examination focuses on studying past and present price action to predict the probability of NXT 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 NXT Energy's price. Additionally, you may evaluate how the addition of NXT Energy to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |