Nextcom Ltd (Israel) Performance

NXTM -- Israel Stock  

ILS 580.00  0.60  0.10%

Macroaxis gives Nextcom Ltd performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of -0.6871 which conveys that as returns on market increase, returns on owning Nextcom Ltd are expected to decrease at a much smaller rate. During bear market, Nextcom Ltd is likely to outperform the market.. Even though it is essential to pay attention to Nextcom Ltd price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Nextcom Ltd exposes twenty-one different technical indicators which can help you to evaluate its performance. Nextcom Ltd has expected return of -0.1027%. Please be advised to verify Nextcom Ltd Semi Deviation, Coefficient Of Variation and the relationship between Mean Deviation and Downside Deviation to decide if Nextcom Ltd past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Nextcom Ltd Relative Risk vs. Return Landscape

If you would invest  60,170  in Nextcom Ltd on November 16, 2018 and sell it today you would lose (2,170)  from holding Nextcom Ltd or give up 3.61% of portfolio value over 30 days. Nextcom Ltd is generating negative expected returns and assumes 2.6394% volatility on return distribution over the 30 days horizon. Simply put, 23% of equities are less volatile than Nextcom Ltd and 99% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming 30 trading days horizon, Nextcom Ltd is expected to generate 2.04 times more return on investment than the market. However, the company is 2.04 times more volatile than its market benchmark. It trades about -0.04 of its potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of risk.

Nextcom Ltd Market Risk Analysis

Sharpe Ratio = -0.0389
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Nextcom Ltd Relative Performance Indicators

Estimated Market Risk
 2.64
  actual daily
 
 23 %
of total potential
 
23
Expected Return
 -0.1
  actual daily
 
 0 %
of total potential
 
0
Risk-Adjusted Return
 -0.04
  actual daily
 
 0 %
of total potential
 
0
Based on monthly moving average Nextcom Ltd is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nextcom Ltd by adding it to a well-diversified portfolio.

Nextcom Ltd Performance Rating

Nextcom Ltd Risk Adjusted Performance Analysis

0

Risk-Adjusted Performance

Over the last 30 days Nextcom Ltd has generated negative risk-adjusted returns adding no value to investors with long positions.

Nextcom Ltd Alerts

Equity Alerts and Improvement Suggestions

Nextcom Ltd is not yet fully synchronised with the market data
Nextcom Ltd generates negative expected return over the last 30 days
Nextcom Ltd has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations
NEXTCOM has accumulated about 41.99M in cash with (2.02M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.01.

Nextcom Ltd Performance Indicators

Nextcom Ltd Basic Price Performance Measures

Quick Ratio2.01
Fifty Two Week Low360.00
Fifty Two Week High694.70
Please see also Stocks Correlation. Please also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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