Nexoptic Technology Corp Stock Analysis

Nexoptic Stock Analysis Notes

The company had not issued any dividends in recent years. Nexoptic Technology Corp had 1:3 split on the 16th of April 2015. NexOptic Technology Corp., together with its subsidiaries, a technology company, develops and invests in optical and lens technologies. NexOptic Technology Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. NEXOPTIC TECHNOLOGY operates under Electronic Components classification in Canada and is traded on TSX Venture Exchange. To find out more about Nexoptic Technology Corp contact Paul McKenzie at 604 669 7330 or learn more at https://www.nexoptic.com.

Nexoptic Technology Corp Investment Alerts

Nexoptic Technology Thematic Classifications

Nexoptic Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nexoptic Technology's market, we take the total number of its shares issued and multiply it by Nexoptic Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Nexoptic Profitablity

Management Efficiency

Nexoptic Technology Corp has return on total asset (ROA) of (3.933) % which means that it has lost $3.933 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (7.5065) %, meaning that it generated substantial loss on money invested by shareholders. Nexoptic Technology's management efficiency ratios could be used to measure how well Nexoptic Technology manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 1.19 in 2024, whereas Return On Tangible Assets are likely to drop (16.66) in 2024. At this time, Nexoptic Technology's Other Current Assets are fairly stable compared to the past year. Debt To Assets is likely to climb to 0.79 in 2024, whereas Total Assets are likely to drop slightly above 101.4 K in 2024.

Technical Drivers

As of the 18th of December 2024, Nexoptic Technology secures the Mean Deviation of 7.38, downside deviation of 14.98, and Risk Adjusted Performance of 0.0895. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nexoptic Technology Corp, as well as the relationship between them. Please verify Nexoptic Technology Corp downside deviation and the relationship between the information ratio and expected short fall to decide if Nexoptic Technology Corp is priced some-what accurately, providing market reflects its recent price of 0.03 per share.

Nexoptic Technology Corp Price Movement Analysis

Nexoptic Technology Outstanding Bonds

Nexoptic Technology Predictive Daily Indicators

Nexoptic Technology Forecast Models

Nexoptic Technology's time-series forecasting models are one of many Nexoptic Technology's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nexoptic Technology's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nexoptic Technology prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nexoptic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nexoptic Technology. By using and applying Nexoptic Stock analysis, traders can create a robust methodology for identifying Nexoptic entry and exit points for their positions.

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.