Nextcom Ltd holds performance score of 16 on a scale of zero to a hundred. The company secures Beta (Market Risk) of -0.4211 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. Although it is vital to follow to Nextcom Ltd price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if Nextcom Ltd expected return of 1.0099 will be sustainable into the future, we have found twenty-one different technical indicators which can help you to check if the expected returns are sustainable. Use Nextcom Ltd Semi Deviation, Coefficient Of Variation and the relationship between Mean Deviation and Downside Deviation to analyze future returns on Nextcom Ltd.
Risk-Adjusted PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in Nextcom Ltd are ranked lower than 16 (%) of all global equities and portfolios over the last 30 days. Despite somewhat weak basic indicators, Nextcom Ltd sustained solid returns over the last few months and may actually be approaching a breakup point.
|Fifty Two Week Low||360.00|
|Fifty Two Week High||694.70|
|Horizon||30 Days Login to change|
Nextcom Ltd Relative Risk vs. Return LandscapeIf you would invest 50,000 in Nextcom Ltd on March 21, 2019 and sell it today you would earn a total of 4,890 from holding Nextcom Ltd or generate 9.78% return on investment over 30 days. Nextcom Ltd is generating 1.0099% of daily returns and assumes 4.0106% volatility on return distribution over the 30 days horizon. Simply put, 35% of equities are less volatile than Nextcom Ltd and 82% of equity instruments are likely to generate higher returns than the company over the next 30 trading days.
Daily Expected Return (%)
Nextcom Ltd Market Risk Analysis
Sharpe Ratio = 0.2518
Nextcom Ltd Relative Performance Indicators
Estimated Market Risk
Nextcom Ltd Alerts
Equity Alerts and Improvement Suggestions
|Nextcom Ltd is not yet fully synchronised with the market data|
|Nextcom Ltd appears to be very risky and stock price may revert if volatility continues|
|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 Dividends
Nextcom Ltd Dividends Analysis