Nexgen Energy Stock Performance
| NXE Stock | CAD 11.91 0.13 1.10% |
On a scale of 0 to 100, NexGen Energy holds a performance score of 22. The company secures a Beta (Market Risk) of 0.77, 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 kurtosis, and the relationship between the downside variance and day median price , to make a quick decision on whether NexGen Energy's current price movements will revert.
Risk-Adjusted Performance
22 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in NexGen Energy are ranked lower than 22 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical and fundamental indicators, NexGen Energy displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 20:47 | Last Split Date 2013-04-23 |
1 | Investors Buy High Volume of NexGen Energy Call Options - MarketBeat | 09/23/2024 |
2 | NexGen Energy Ltd. Shares Acquired by Millennium Management LLC - MarketBeat | 10/08/2024 |
| Begin Period Cash Flow | 134.4 M |
NexGen |
NexGen Energy Relative Risk vs. Return Landscape
If you would invest 743.00 in NexGen Energy on September 3, 2024 and sell it today you would earn a total of 448.00 from holding NexGen Energy or generate 60.3% return on investment over 90 days. NexGen Energy is generating 0.7763% of daily returns assuming 2.7417% volatility of returns over the 90 days investment horizon. Simply put, 24% of all stocks have less volatile historical return distribution than NexGen Energy, and 85% of all equity instruments are likely to generate higher returns than the company 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 = 0.2832
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Estimated Market Risk
| 2.74 actual daily | 24 76% of assets are more volatile |
Expected Return
| 0.78 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average NexGen Energy is performing at about 22% 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 | 0.16 | ||||
| Return On Asset | -0.041 | ||||
| Current Valuation | 6.62 B | ||||
| Shares Outstanding | 565 M | ||||
| Price To Earning | 416.00 X | ||||
| Price To Book | 5.54 X | ||||
| EBITDA | (83.72 M) | ||||
| Net Income | 70.17 M | ||||
| Cash And Equivalents | 75.8 M | ||||
| Cash Per Share | 0.20 X | ||||
| Total Debt | 160.42 M | ||||
| Debt To Equity | 0.87 % | ||||
| Current Ratio | 21.34 X | ||||
| Book Value Per Share | 2.15 X | ||||
| Cash Flow From Operations | (52.62 M) | ||||
| Earnings Per Share | 0.30 X | ||||
| Market Capitalization | 6.73 B | ||||
| Total Asset | 1.01 B | ||||
| Retained Earnings | (304 M) | ||||
| Working Capital | 279.05 M | ||||
| Current Asset | 122.07 M | ||||
| Current Liabilities | 6.33 M | ||||
About NexGen Energy Performance
By examining NexGen Energy's fundamental ratios, stakeholders can obtain critical insights into NexGen Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that NexGen Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | (0.08) | (0.09) | |
| Return On Assets | 0.08 | 0.08 | |
| Return On Equity | 0.10 | 0.10 |
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 has accumulated about 75.8 M in cash with (52.62 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.2. |
- 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.