Nextcom Cash Flow from Operations vs. Return On Equity
| NXTM Stock | ILS 795.00 0.00 0.00% |
For Nextcom profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Nextcom to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Nextcom utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Nextcom's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Nextcom over time as well as its relative position and ranking within its peers.
Nextcom |
Nextcom Return On Equity vs. Cash Flow from Operations Fundamental Analysis
Nextcom Return On Equity vs. Cash Flow from Operations
Nextcom | = | null |
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Nextcom |
| = | 0.11 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Nextcom Return On Equity Comparison
Nextcom is currently under evaluation in return on equity category among related companies.
Use Nextcom in pair-trading
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 Nextcom 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 Nextcom will appreciate offsetting losses from the drop in the long position's value.Nextcom Pair Trading
Nextcom Pair Trading Analysis
The ability to find closely correlated positions to Nextcom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nextcom 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 Nextcom - 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 Nextcom to buy it.
The correlation of Nextcom is a statistical measure of how it moves in relation to other instruments. 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 Nextcom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nextcom 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 Nextcom 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.Use Investing Themes to Complement your Nextcom position
In addition to having Nextcom in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Silver Thematic Idea Now
Silver
Companies involved in mining, production, and distribution of silver and silver goods. The Silver theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Silver Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Correlation Analysis. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Nextcom Stock analysis
When running Nextcom's price analysis, check to measure Nextcom'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 Nextcom is operating at the current time. Most of Nextcom's value examination focuses on studying past and present price action to predict the probability of Nextcom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextcom's price. Additionally, you may evaluate how the addition of Nextcom to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |
To fully project Nextcom's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Nextcom at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Nextcom's income statement, its balance sheet, and the statement of cash flows.