Nexoptic Technology Revenue vs. Net Income
| NXO Stock | CAD 0.02 0.01 20.00% |
Total Revenue | First Reported 2015-12-31 | Previous Quarter 0.0 | Current Value 0.0 | Quarterly Volatility 0.0 |
For Nexoptic Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nexoptic Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nexoptic Technology Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nexoptic Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nexoptic Technology Corp over time as well as its relative position and ranking within its peers.
Nexoptic |
Nexoptic Technology Corp Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Nexoptic Technology's current stock value. Our valuation model uses many indicators to compare Nexoptic Technology value to that of its competitors to determine the firm's financial worth. Nexoptic Technology Corp is currently under evaluation in revenue category among its peers. It is considered to be number one stock in net income category among its peers . At this time, Nexoptic Technology's Total Revenue is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nexoptic Technology's earnings, one of the primary drivers of an investment's value.Nexoptic Revenue vs. Competition
Nexoptic Technology Corp is currently under evaluation in revenue category among its peers. Market size based on revenue of Information Technology industry is now estimated at about 67.24 Billion. Nexoptic Technology adds roughly 0.0 in revenue claiming only tiny portion of equities under Information Technology industry.
Nexoptic Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Nexoptic Technology |
| = | null |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Nexoptic Technology |
| = | (1.69 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Nexoptic Net Income Comparison
Nexoptic Technology is currently under evaluation in net income category among its peers.
Nexoptic Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Nexoptic Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Nexoptic Technology will eventually generate negative long term returns. The profitability progress is the general direction of Nexoptic Technology's change in net profit over the period of time. It can combine multiple indicators of Nexoptic Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | 6.3 M | 5.7 M | |
| Operating Income | -2 M | -2 M | |
| Income Before Tax | -1.7 M | -1.8 M | |
| Total Other Income Expense Net | 218.9 K | 229.9 K | |
| Net Loss | -1.7 M | -1.8 M | |
| Income Tax Expense | -38 K | -36.1 K | |
| Net Loss | -1.7 M | -1.8 M | |
| Net Loss | -3 M | -3.1 M | |
| Net Interest Income | -20 K | -19 K | |
| Interest Income | 3.60 | 3.42 | |
| Change To Netincome | 1 M | 952.9 K | |
| Net Loss | (0.01) | (0.01) | |
| Income Quality | 0.43 | 0.50 | |
| Net Income Per E B T | 0.88 | 0.72 |
Nexoptic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Nexoptic Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Nexoptic Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Nexoptic Technology's important profitability drivers and their relationship over time.
Use Nexoptic Technology in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexoptic Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexoptic Technology will appreciate offsetting losses from the drop in the long position's value.Nexoptic Technology Pair Trading
Nexoptic Technology Corp Pair Trading Analysis
The ability to find closely correlated positions to Nexoptic Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexoptic Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexoptic Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexoptic Technology Corp to buy it.
The correlation of Nexoptic Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexoptic Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexoptic Technology Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexoptic Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Nexoptic Technology position
In addition to having Nexoptic Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Hybrid Mix Funds Thematic Idea Now
Hybrid Mix Funds
Funds or Etfs that are made of portfolios of stocks, bonds, or cash instruments with different maturity horizons and characteristics. The Hybrid Mix Funds theme has 48 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Hybrid Mix Funds Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Nexoptic Stock Analysis
When running Nexoptic Technology's price analysis, check to measure Nexoptic Technology'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 Nexoptic Technology is operating at the current time. Most of Nexoptic Technology's value examination focuses on studying past and present price action to predict the probability of Nexoptic Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexoptic Technology's price. Additionally, you may evaluate how the addition of Nexoptic Technology to your portfolios can decrease your overall portfolio volatility.