Nextgen Healthcare Buy Hold or Sell Recommendation

NXGNDelisted Stock  USD 23.94  0.00  0.00%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nextgen Healthcare is 'Not Rated'. Macroaxis provides Nextgen Healthcare buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NXGN positions. The advice algorithm takes into account all of Nextgen Healthcare's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nextgen Healthcare's buy or sell advice are summarized below:
Real Value
18.7
Hype Value
23.94
Market Value
23.94
Naive Value
23.07
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nextgen Healthcare given historical horizon and risk tolerance towards Nextgen Healthcare. When Macroaxis issues a 'buy' or 'sell' recommendation for Nextgen Healthcare, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
In addition, we conduct extensive research on individual companies such as Nextgen and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Nextgen Healthcare. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.

Execute Nextgen Healthcare Buy or Sell Advice

The Nextgen recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nextgen Healthcare. Macroaxis does not own or have any residual interests in Nextgen Healthcare or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nextgen Healthcare's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Nextgen HealthcareBuy Nextgen Healthcare
Not Rated
For the selected time horizon Nextgen Healthcare has a Risk Adjusted Performance of 0.1671, Jensen Alpha of 0.5437, Total Risk Alpha of 0.2613, Sortino Ratio of 0.6925 and Treynor Ratio of 1.73
Our advice module complements current analysts and expert consensus on Nextgen Healthcare. It analyzes the company potential to grow using all fundamental, technical, and market related data available at the time. To make sure Nextgen Healthcare is not overpriced, please verify all Nextgen Healthcare fundamentals, including its net income, price to earnings to growth, z score, as well as the relationship between the current ratio and total asset . Given that Nextgen Healthcare has a price to earning of 253.66 X, we recommend you to check Nextgen Healthcare market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.

Nextgen Healthcare Trading Alerts and Improvement Suggestions

Nextgen Healthcare is not yet fully synchronised with the market data
Nextgen Healthcare has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 653.17 M. Net Loss for the year was (2.65 M) with profit before overhead, payroll, taxes, and interest of 332.83 M.
Over 81.0% of the company shares are owned by institutional investors

Nextgen Healthcare Returns Distribution Density

The distribution of Nextgen Healthcare's historical returns is an attempt to chart the uncertainty of Nextgen Healthcare's future price movements. The chart of the probability distribution of Nextgen Healthcare daily returns describes the distribution of returns around its average expected value. We use Nextgen Healthcare price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nextgen Healthcare returns is essential to provide solid investment advice for Nextgen Healthcare.
Mean Return
0.58
Value At Risk
-0.92
Potential Upside
5.38
Standard Deviation
2.27
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nextgen Healthcare 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.
Note: Payment of 18931 shares by David Sides of Nextgen Healthcare subject to Rule 16b-3 [view details]

Nextgen Healthcare Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nextgen . 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.

About Nextgen Healthcare Buy or Sell Advice

When is the right time to buy or sell Nextgen Healthcare? Buying financial instruments such as Nextgen 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.

Use Investing Ideas to Build Portfolios

In addition to having Nextgen Healthcare 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 Healthcare Funds Thematic Idea Now

Healthcare Funds
Healthcare Funds Theme
Funds or Etfs investing in medical and healthcare goods or services as well as hospital management or maintenance organizations. The Healthcare Funds theme has 36 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 Healthcare Funds Theme or any other thematic opportunities.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price.
Note that the Nextgen Healthcare information on this page should be used as a complementary analysis to other Nextgen Healthcare'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 File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Other Consideration for investing in Nextgen Stock

If you are still planning to invest in Nextgen Healthcare check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nextgen Healthcare's history and understand the potential risks before investing.
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