Nxg Nextgen Infrastructure Stock Performance
| NXG Stock | USD 51.40 0.56 1.10% |
On a scale of 0 to 100, NXG NextGen holds a performance score of 30. The company secures a Beta (Market Risk) of 0.55, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NXG NextGen's returns are expected to increase less than the market. However, during the bear market, the loss of holding NXG NextGen is expected to be smaller as well. Please check NXG NextGen's downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether NXG NextGen's current price movements will revert.
Risk-Adjusted Performance
30 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in NXG NextGen Infrastructure are ranked lower than 30 (%) of all global equities and portfolios over the last 90 days. Despite nearly inconsistent basic indicators, NXG NextGen reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.1 | Five Day Return 4.88 | Year To Date Return 42.34 | Ten Year Return (45.34) | All Time Return (48.62) |
Forward Dividend Yield 0.1999 | Last Split Factor 1:4 | Forward Dividend Rate 6.48 | Ex Dividend Date 2023-11-14 | Last Split Date 2020-06-15 |
1 | 2 sold-off ASX mining shares this fund manager thinks are top buys | 09/10/2024 |
2 | NXG NextGen Infrastructure Income Fund to Issue 0.54 Monthly Dividend | 09/16/2024 |
| NXG NextGen dividend paid on 30th of September 2024 | 09/30/2024 |
3 | 2 ASX mining shares this fund manager thinks can surge even higher | 10/10/2024 |
| NXG NextGen dividend paid on 31st of October 2024 | 10/31/2024 |
4 | NXG Cushing Midstream Energy Fund Announces the Preliminary Results of its Rights Offering | 11/15/2024 |
5 | Guess which ASX uranium stock just scored a buy rating from a leading broker | 11/26/2024 |
| Begin Period Cash Flow | 403.1 K |
NXG |
NXG NextGen Relative Risk vs. Return Landscape
If you would invest 3,890 in NXG NextGen Infrastructure on August 30, 2024 and sell it today you would earn a total of 1,250 from holding NXG NextGen Infrastructure or generate 32.13% return on investment over 90 days. NXG NextGen Infrastructure is generating 0.4425% of daily returns assuming volatility of 1.1265% on return distribution over 90 days investment horizon. In other words, 10% of stocks are less volatile than NXG, and above 92% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
NXG NextGen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NXG NextGen's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NXG NextGen Infrastructure, and traders can use it to determine the average amount a NXG NextGen'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 = 0.3928
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NXG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.13 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.39 actual daily | 30 70% of assets perform better |
Based on monthly moving average NXG NextGen is performing at about 30% 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 NXG NextGen by adding it to a well-diversified portfolio.
NXG NextGen Fundamentals Growth
NXG Stock prices reflect investors' perceptions of the future prospects and financial health of NXG NextGen, and NXG NextGen 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 NXG Stock performance.
| Shares Outstanding | 2.66 M | ||||
| Price To Book | 1.18 X | ||||
| Price To Sales | 15.69 X | ||||
| Revenue | (28.13 M) | ||||
| EBITDA | (25.92 M) | ||||
| Net Income | (28.51 M) | ||||
| Total Debt | 36.81 M | ||||
| Cash Flow From Operations | 14.42 M | ||||
| Earnings Per Share | 3.12 X | ||||
| Market Capitalization | 136.69 M | ||||
| Total Asset | 146.28 M | ||||
| Retained Earnings | (40.73 M) | ||||
About NXG NextGen Performance
By analyzing NXG NextGen's fundamental ratios, stakeholders can gain valuable insights into NXG NextGen's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NXG NextGen 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 NXG NextGen has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.22) | (0.21) | |
| Return On Capital Employed | (0.22) | (0.21) | |
| Return On Assets | (0.22) | (0.21) | |
| Return On Equity | (0.32) | (0.30) |
Things to note about NXG NextGen Infrastr performance evaluation
Checking the ongoing alerts about NXG NextGen for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NXG NextGen Infrastr help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Reported Net Loss for the year was (28.51 M) with profit before taxes, overhead, and interest of 0. | |
| On 31st of October 2024 NXG NextGen paid $ 0.54 per share dividend to its current shareholders | |
| Latest headline from fool.com.au: Guess which ASX uranium stock just scored a buy rating from a leading broker |
- Analyzing NXG NextGen'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 NXG NextGen's stock is overvalued or undervalued compared to its peers.
- Examining NXG NextGen'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 NXG NextGen's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NXG NextGen's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NXG NextGen's stock. These opinions can provide insight into NXG NextGen's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NXG Stock analysis
When running NXG NextGen's price analysis, check to measure NXG NextGen'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 NXG NextGen is operating at the current time. Most of NXG NextGen's value examination focuses on studying past and present price action to predict the probability of NXG NextGen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NXG NextGen's price. Additionally, you may evaluate how the addition of NXG NextGen to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |