Nanexa AB (Sweden) Today
| NANEXA Stock | 0.69 0.01 1.43% |
Performance0 of 100
| Odds Of DistressLess than 22
|
Nanexa AB is trading at 0.69 as of the 3rd of May 2024, a -1.43 percent decrease since the beginning of the trading day. The stock's open price was 0.7. Nanexa AB has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Nanexa AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Moving together with Nanexa Stock
| 0.84 | NEWBRY | Newbury Pharmaceuticals | PairCorr |
Moving against Nanexa Stock
| 0.79 | INVE-A | Investor AB ser | PairCorr |
| 0.75 | INVE-B | Investor AB ser Earnings Call This Week | PairCorr |
| 0.73 | VOLV-A | AB Volvo | PairCorr |
| 0.66 | VOLV-B | AB Volvo | PairCorr |
| 0.65 | GABA | Gabather AB | PairCorr |
| 0.58 | SWED-A | Swedbank AB | PairCorr |
| 0.55 | SEB-A | Skandinaviska Enskilda | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Nanexa Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nanexa AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nanexa AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Drug Manufacturers-Specialty & Generic, Healthcare (View all Sectors) |
Nanexa AB (NANEXA) is traded on Stockholm Exchange in Sweden and employs 19 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 244 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nanexa AB's market, we take the total number of its shares issued and multiply it by Nanexa AB'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. Nanexa AB operates under Healthcare sector and is part of Drug Manufacturers-Specialty & Generic industry. The entity has 60.7 M outstanding shares.
Nanexa AB generates negative cash flow from operations
Check Nanexa AB Probability Of Bankruptcy
Ownership AllocationNanexa AB maintains a total of 60.7 Million outstanding shares. Nanexa AB holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Nanexa Ownership Details
Nanexa Stock Price Odds Analysis
What are Nanexa AB's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Nanexa AB jumping above the current price in 90 days from now is about 89.44%. The Nanexa AB probability density function shows the probability of Nanexa AB stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Nanexa AB has a beta of -0.8144. This indicates as returns on the benchmark increase, returns on holding Nanexa AB are expected to decrease at a much lower rate. During a bear market, however, Nanexa AB is likely to outperform the market. Additionally, nanexa AB has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nanexa AB to move above the current price in 90 days from now is about 89.44 (This Nanexa AB probability density function shows the probability of Nanexa Stock to fall within a particular range of prices over 90 days) .
Nanexa AB Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nanexa AB market risk premium is the additional return an investor will receive from holding Nanexa AB long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nanexa AB. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nanexa AB's alpha and beta are two of the key measurements used to evaluate Nanexa AB's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.21 | |||
| Standard Deviation | 4.27 | |||
| Variance | 18.21 | |||
| Risk Adjusted Performance | (0.08) |
Nanexa Stock Against Markets
Picking the right benchmark for Nanexa AB stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nanexa AB stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nanexa AB is critical whether you are bullish or bearish towards Nanexa AB at a given time. Please also check how Nanexa AB's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nanexa AB without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Equity Forecasting Now
Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum |
| All Next | Launch Module |
Nanexa AB Corporate Management
Elected by the shareholders, the Nanexa AB's board of directors comprises two types of representatives: Nanexa AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nanexa. The board's role is to monitor Nanexa AB's management team and ensure that shareholders' interests are well served. Nanexa AB's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nanexa AB's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Otto MSc | Director Director | Profile | |
| Marten Rooth | Head CoFounder | Profile | |
| David Westberg | Chief Officer | Profile | |
| Anders Johansson | CoFounder Property | Profile | |
| Mikael Asp | Head Expert | Profile | |
| Bengt MSc | Medical Director | Profile | |
| Joel Hellrup | Head RD | Profile |
How to buy Nanexa Stock?
Before investing in Nanexa AB, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nanexa AB. To buy Nanexa AB stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nanexa AB. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nanexa AB stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nanexa AB stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nanexa AB stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nanexa AB, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Nanexa AB?
The danger of trading Nanexa AB is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nanexa AB is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nanexa AB. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nanexa AB is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nanexa AB. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Nanexa Stock analysis
When running Nanexa AB's price analysis, check to measure Nanexa AB'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 Nanexa AB is operating at the current time. Most of Nanexa AB's value examination focuses on studying past and present price action to predict the probability of Nanexa AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nanexa AB's price. Additionally, you may evaluate how the addition of Nanexa AB to your portfolios can decrease your overall portfolio volatility.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |