Nextgen (Israel) Performance
| NXGN Stock | ILS 62.40 1.00 1.58% |
The company secures a Beta (Market Risk) of -0.0064, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Nextgen are expected to decrease at a much lower rate. During the bear market, Nextgen is likely to outperform the market. At this point, Nextgen has a negative expected return of -0.0724%. Please make sure to verify Nextgen's accumulation distribution, rate of daily change, and the relationship between the kurtosis and daily balance of power , to decide if Nextgen performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nextgen has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Nextgen is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 5.7 M | |
| Total Cashflows From Investing Activities | -2.5 M | |
| Free Cash Flow | -3.2 M |
Nextgen |
Nextgen Relative Risk vs. Return Landscape
If you would invest 7,000 in Nextgen on September 14, 2024 and sell it today you would lose (760.00) from holding Nextgen or give up 10.86% of portfolio value over 90 days. Nextgen is generating negative expected returns and assumes 6.0479% volatility on return distribution over the 90 days horizon. Simply put, 53% of stocks are less volatile than Nextgen, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nextgen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nextgen's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nextgen, and traders can use it to determine the average amount a 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 = -0.012
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| Negative Returns | NXGN |
Estimated Market Risk
| 6.05 actual daily | 53 53% of assets are less volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nextgen is not performing at its full potential. However, 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 Nextgen by adding Nextgen to a well-diversified portfolio.
Nextgen Fundamentals Growth
Nextgen Stock prices reflect investors' perceptions of the future prospects and financial health of Nextgen, and 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 Nextgen Stock performance.
| Return On Equity | -0.52 | |||
| Return On Asset | -0.12 | |||
| Current Valuation | 22.16 M | |||
| Shares Outstanding | 39.68 M | |||
| Price To Book | 1.51 X | |||
| EBITDA | (2.53 M) | |||
| Cash And Equivalents | 6.34 M | |||
| Cash Per Share | 0.28 X | |||
| Book Value Per Share | 0.28 X | |||
| Cash Flow From Operations | (2.66 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 23.63 M | |||
About Nextgen Performance
By analyzing Nextgen's fundamental ratios, stakeholders can gain valuable insights into Nextgen's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if 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 Nextgen has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nextgen Biomed Ltd, through its subsidiary, develops medicines for the treatment of psoriasis.Things to note about Nextgen performance evaluation
Checking the ongoing alerts about Nextgen for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nextgen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nextgen generated a negative expected return over the last 90 days | |
| Nextgen has high historical volatility and very poor performance | |
| Net Loss for the year was (2.55 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nextgen has accumulated about 6.34 M in cash with (2.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. |
- Analyzing 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 Nextgen's stock is overvalued or undervalued compared to its peers.
- Examining 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 Nextgen's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nextgen's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nextgen's stock. These opinions can provide insight into Nextgen's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nextgen Stock analysis
When running Nextgen's price analysis, check to measure 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 Nextgen is operating at the current time. Most of Nextgen's value examination focuses on studying past and present price action to predict the probability of 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 Nextgen's price. Additionally, you may evaluate how the addition of Nextgen to your portfolios can decrease your overall portfolio volatility.
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