Nexera Energy Stock Beta

EMBYF Stock  USD 0  0.00  0.00%   
Nexera Energy fundamentals help investors to digest information that contributes to Nexera Energy's financial success or failures. It also enables traders to predict the movement of Nexera Pink Sheet. The fundamental analysis module provides a way to measure Nexera Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nexera Energy pink sheet.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Nexera Beta Analysis

Nexera Energy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Nexera Energy Beta

    
  1.04  
Most of Nexera Energy's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexera Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Nexera Energy has a Beta of 1.0442. This is 38.58% lower than that of the Energy sector and 32.19% lower than that of the Oil & Gas E&P industry. The beta for all United States stocks is notably lower than that of the firm.

Nexera Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexera Energy's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Nexera Energy could also be used in its relative valuation, which is a method of valuing Nexera Energy by comparing valuation metrics of similar companies.
Nexera Energy is currently under evaluation in beta category among related companies.
Nexera Energy returns are very sensitive to returns on the market. As the market goes up or down, Nexera Energy is expected to follow.

Nexera Fundamentals

About Nexera Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nexera Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexera Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexera Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Nexera Energy Inc., together with its subsidiaries, engages in the acquisition, exploration, and development of petroleum and natural gas properties in Canada and the United States. Nexera Energy Inc. was incorporated in 1997 and is headquartered in Calgary, Canada. Nexera Energy is traded on OTC Exchange in the United States.

Pair Trading with Nexera Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nexera Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nexera Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Nexera Pink Sheet

  0.89VNTN VentureNet CapitalPairCorr
  0.46RUM Rumble Inc Tech BoostPairCorr
The ability to find closely correlated positions to Nexera Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nexera Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nexera Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nexera Energy to buy it.
The correlation of Nexera Energy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nexera Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nexera Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nexera Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Nexera Energy Piotroski F Score and Nexera Energy Altman Z Score analysis.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Nexera Pink Sheet analysis

When running Nexera Energy's price analysis, check to measure Nexera Energy'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 Nexera Energy is operating at the current time. Most of Nexera Energy's value examination focuses on studying past and present price action to predict the probability of Nexera Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexera Energy's price. Additionally, you may evaluate how the addition of Nexera Energy to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Nexera Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexera Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexera Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.