Ngex Minerals Stock Performance
| NGEX Stock | 31.02 0.97 3.23% |
On a scale of 0 to 100, NGEx Minerals holds a performance score of 15. The company secures a Beta (Market Risk) of 0.63, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NGEx Minerals' returns are expected to increase less than the market. However, during the bear market, the loss of holding NGEx Minerals is expected to be smaller as well. Please check NGEx Minerals' downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether NGEx Minerals' current price movements will revert.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in NGEx Minerals are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, NGEx Minerals displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 59.5 M | |
| Total Cashflows From Investing Activities | -32.3 M |
NGEx |
NGEx Minerals Relative Risk vs. Return Landscape
If you would invest 2,285 in NGEx Minerals on October 31, 2025 and sell it today you would earn a total of 817.00 from holding NGEx Minerals or generate 35.75% return on investment over 90 days. NGEx Minerals is generating 0.533% of daily returns and assumes 2.8042% volatility on return distribution over the 90 days horizon. Simply put, 25% of stocks are less volatile than NGEx, and 90% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
NGEx Minerals Target Price Odds to finish over Current Price
The tendency of NGEx Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 31.02 | 90 days | 31.02 | near 1 |
Based on a normal probability distribution, the odds of NGEx Minerals to move above the current price in 90 days from now is near 1 (This NGEx Minerals probability density function shows the probability of NGEx Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon NGEx Minerals has a beta of 0.63. This indicates as returns on the market go up, NGEx Minerals average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NGEx Minerals will be expected to be much smaller as well. Additionally NGEx Minerals has an alpha of 0.4907, implying that it can generate a 0.49 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). NGEx Minerals Price Density |
| Price |
Predictive Modules for NGEx Minerals
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NGEx Minerals. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.NGEx Minerals Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NGEx Minerals is not an exception. The market had few large corrections towards the NGEx Minerals' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold NGEx Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NGEx Minerals within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.49 | |
β | Beta against Dow Jones | 0.63 | |
σ | Overall volatility | 2.16 | |
Ir | Information ratio | 0.17 |
NGEx Minerals Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NGEx Minerals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NGEx Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Net Loss for the year was (63.6 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NGEx Minerals generates negative cash flow from operations | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
NGEx Minerals Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of NGEx Stock often depends not only on the future outlook of the current and potential NGEx Minerals' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. NGEx Minerals' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 191.9 K | |
| Cash And Short Term Investments | 198.6 M |
NGEx Minerals Fundamentals Growth
NGEx Stock prices reflect investors' perceptions of the future prospects and financial health of NGEx Minerals, and NGEx Minerals 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 NGEx Stock performance.
| Return On Equity | -1.24 | |||
| Return On Asset | -0.78 | |||
| Current Valuation | 6.37 B | |||
| Shares Outstanding | 216.31 M | |||
| Price To Book | 49.50 X | |||
| EBITDA | (77 K) | |||
| Total Debt | 13.53 M | |||
| Book Value Per Share | 0.63 X | |||
| Cash Flow From Operations | (46.17 M) | |||
| Earnings Per Share | (0.54) X | |||
| Total Asset | 208.56 M | |||
| Retained Earnings | (176.97 M) | |||
About NGEx Minerals Performance
By examining NGEx Minerals' fundamental ratios, stakeholders can obtain critical insights into NGEx Minerals' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that NGEx Minerals is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about NGEx Minerals performance evaluation
Checking the ongoing alerts about NGEx Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NGEx Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Net Loss for the year was (63.6 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NGEx Minerals generates negative cash flow from operations | |
| About 38.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing NGEx Minerals' 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 NGEx Minerals' stock is overvalued or undervalued compared to its peers.
- Examining NGEx Minerals' 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 NGEx Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NGEx Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NGEx Minerals' stock. These opinions can provide insight into NGEx Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in NGEx Stock
NGEx Minerals financial ratios help investors to determine whether NGEx Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NGEx with respect to the benefits of owning NGEx Minerals security.