Nexgen Energy Stock Buy Hold or Sell Recommendation
NXE Stock | CAD 10.43 0.14 1.36% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding NexGen Energy is 'Cautious Hold'. Macroaxis provides NexGen Energy buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NXE positions. The advice algorithm takes into account all of NexGen Energy's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting NexGen Energy's buy or sell advice are summarized below:
Real Value 10.19 | Hype Value 10.41 | Market Value 10.43 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NexGen Energy given historical horizon and risk tolerance towards NexGen Energy. When Macroaxis issues a 'buy' or 'sell' recommendation for NexGen Energy, the advice is generated through an automated system that utilizes algorithms and statistical models.
NexGen |
Execute NexGen Energy Buy or Sell Advice
The NexGen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NexGen Energy. Macroaxis does not own or have any residual interests in NexGen Energy or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NexGen Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Cautious Hold
Market Performance | Modest | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NexGen Energy Trading Alerts and Improvement Suggestions
NexGen Energy had very high historical volatility over the last 90 days | |
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. | |
Latest headline from news.google.com: Anchor Investment Management LLC Buys Shares of 9000 NexGen Energy Ltd. - Defense World |
NexGen Energy Returns Distribution Density
The distribution of NexGen Energy's historical returns is an attempt to chart the uncertainty of NexGen Energy's future price movements. The chart of the probability distribution of NexGen Energy daily returns describes the distribution of returns around its average expected value. We use NexGen Energy price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NexGen Energy returns is essential to provide solid investment advice for NexGen Energy.
Mean Return | 0.24 | Value At Risk | -3.37 | Potential Upside | 6.43 | Standard Deviation | 3.08 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NexGen Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
NexGen Energy Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | (72.9M) | 21.9M | 127.8M | (67.4M) | 156.3M | 164.1M | |
Free Cash Flow | (70.5M) | (28.9M) | (63.7M) | (20.5M) | (58.7M) | (55.7M) | |
Depreciation | 2.4M | 2.3M | 2.1M | 1.8M | 1.8M | 1.3M | |
Capital Expenditures | 57.7M | 18.2M | 46.9M | 354K | 6.1M | 5.8M | |
Net Income | (16.5M) | (114.5M) | (126.9M) | (60.3M) | 80.8M | 84.9M | |
End Period Cash Flow | 52.1M | 74.0M | 201.8M | 134.4M | 290.7M | 305.3M | |
Investments | (57.7M) | (18.2M) | (46.7M) | (68.1M) | (160.1M) | (152.1M) | |
Other Non Cash Items | (8.7M) | 90.9M | 75.6M | 4.3M | 55.0M | 57.7M | |
Change To Netincome | 2.0M | 96.4M | 100.2M | 34.7M | 40.0M | 30.4M |
NexGen Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NexGen Energy or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NexGen Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NexGen stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | 1.30 | |
σ | Overall volatility | 3.16 | |
Ir | Information ratio | 0.03 |
NexGen Energy Volatility Alert
NexGen Energy currently demonstrates below-average downside deviation. It has Information Ratio of 0.03 and Jensen Alpha of 0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NexGen Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NexGen Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.NexGen Energy Fundamentals Vs Peers
Comparing NexGen Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NexGen Energy's direct or indirect competition across all of the common fundamentals between NexGen Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as NexGen Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NexGen Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing NexGen Energy by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare NexGen Energy to competition |
Fundamentals | NexGen Energy | Peer Average |
Return On Equity | 0.11 | -0.31 |
Return On Asset | -0.0678 | -0.14 |
Current Valuation | 5.42 B | 16.62 B |
Shares Outstanding | 539.55 M | 571.82 M |
Shares Owned By Insiders | 8.03 % | 10.09 % |
Shares Owned By Institutions | 48.38 % | 39.21 % |
Number Of Shares Shorted | 5.24 M | 4.71 M |
Price To Earning | 416.00 X | 28.72 X |
Price To Book | 6.77 X | 9.51 X |
EBITDA | (83.72 M) | 3.9 B |
Net Income | 80.82 M | 570.98 M |
Cash And Equivalents | 75.8 M | 2.7 B |
Cash Per Share | 0.20 X | 5.01 X |
Total Debt | 82.48 M | 5.32 B |
Debt To Equity | 0.87 % | 48.70 % |
Current Ratio | 21.34 X | 2.16 X |
Book Value Per Share | 1.56 X | 1.93 K |
Cash Flow From Operations | (52.62 M) | 971.22 M |
Short Ratio | 2.09 X | 4.00 X |
Earnings Per Share | 0.16 X | 3.12 X |
Target Price | 13.42 | |
Number Of Employees | 77 | 18.84 K |
Beta | 1.8 | -0.15 |
Market Capitalization | 5.63 B | 19.03 B |
Total Asset | 1.01 B | 29.47 B |
Retained Earnings | (304 M) | 9.33 B |
Working Capital | 279.05 M | 1.48 B |
Current Asset | 122.07 M | 9.34 B |
Current Liabilities | 6.33 M | 7.9 B |
Z Score | 40.57 | 8.72 |
Net Asset | 1.01 B |
NexGen Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NexGen . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 16408.85 | |||
Daily Balance Of Power | 0.6087 | |||
Rate Of Daily Change | 1.01 | |||
Day Median Price | 10.33 | |||
Day Typical Price | 10.36 | |||
Price Action Indicator | 0.17 | |||
Period Momentum Indicator | 0.14 |
About NexGen Energy Buy or Sell Advice
When is the right time to buy or sell NexGen Energy? Buying financial instruments such as NexGen Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 7.5M | 15.8M | 18.2M | 19.1M | Total Assets | 546.6M | 554.6M | 1.0B | 1.1B |
Use Investing Ideas to Build Portfolios
In addition to having NexGen Energy 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 Air Thematic Idea Now
Air
Companies specializing in air services and air delivery. The Air theme has 42 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 Air Theme or any other thematic opportunities.
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Check out NexGen Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in NexGen Stock, please use our How to Invest in NexGen Energy guide.Note that the NexGen Energy information on this page should be used as a complementary analysis to other NexGen Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Complementary Tools for NexGen Stock analysis
When running NexGen Energy's price analysis, check to measure NexGen Energy'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 NexGen Energy is operating at the current time. Most of NexGen Energy's value examination focuses on studying past and present price action to predict the probability of NexGen Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NexGen Energy's price. Additionally, you may evaluate how the addition of NexGen Energy to your portfolios can decrease your overall portfolio volatility.
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