Nine Energy Service Stock Performance
| NINE Stock | USD 2.30 0.12 4.96% |
The company secures a Beta (Market Risk) of 0.97, which conveys possible diversification benefits within a given portfolio. Nine Energy returns are very sensitive to returns on the market. As the market goes up or down, Nine Energy is expected to follow. Nine Energy Service has an expected return of -0.0614%. Please make sure to verify Nine Energy Service treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Nine Energy Service performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nine Energy Service has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Nine Energy is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Actual Historical Performance (%)
One Day Return (4.75) | Five Day Return (12.36) | Year To Date Return (16.79) | Ten Year Return (91.17) | All Time Return (91.17) |
1 | Nine Energy Service to Release Quarterly Earnings on Thursday - AmericanBankingNEWS | 02/28/2024 |
2 | Energy Stocks Moving Up and Down Monday TDW, YPF, JRNGF, AR, PBT, NINE, MVO, OIS - InvestorsObserver | 03/04/2024 |
3 | Nine Energy Service Announces Fourth Quarter and Full Year 2023 Results | 03/07/2024 |
4 | Disposition of 216704 shares by Ann Fox of Nine Energy at 2.17 subject to Rule 16b-3 | 03/12/2024 |
5 | Disposition of 16709 shares by Guy Sirkes of Nine Energy at 2.191 subject to Rule 16b-3 | 03/13/2024 |
6 | Acquisition by Ernie Danner of 7603 shares of Nine Energy subject to Rule 16b-3 | 03/19/2024 |
7 | Implied Volatility Surging for Nine Energy Service Stock Options - Yahoo Movies Canada | 04/03/2024 |
8 | Private equity firms among Nine Energy Service, Inc.s largest shareholders, saw gain in holdings value after stock jumped 23 percent last week | 04/10/2024 |
9 | Acquisition by Ann Fox of 127100 shares of Nine Energy subject to Rule 16b-3 | 04/12/2024 |
| Begin Period Cash Flow | 17.4 M |
Nine |
Nine Energy Relative Risk vs. Return Landscape
If you would invest 257.00 in Nine Energy Service on January 25, 2024 and sell it today you would lose (27.00) from holding Nine Energy Service or give up 10.51% of portfolio value over 90 days. Nine Energy Service is currently does not generate positive expected returns and assumes 4.7604% risk (volatility on return distribution) over the 90 days horizon. In different words, 42% of stocks are less volatile than Nine, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nine Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nine Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nine Energy Service, and traders can use it to determine the average amount a Nine Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0129
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| Negative Returns | NINE |
Estimated Market Risk
| 4.76 actual daily | 42 58% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nine Energy is not performing at its full potential. However, 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 Nine Energy by adding Nine Energy to a well-diversified portfolio.
Nine Energy Fundamentals Growth
Nine Stock prices reflect investors' perceptions of the future prospects and financial health of Nine Energy, and Nine Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nine Stock performance.
| Return On Equity | -5.83 | ||||
| Return On Asset | 0.0276 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 420.96 M | ||||
| Shares Outstanding | 35.32 M | ||||
| Price To Earning | 15.87 X | ||||
| Price To Book | 5.01 X | ||||
| Price To Sales | 0.16 X | ||||
| Revenue | 609.53 M | ||||
| Gross Profit | 136.29 M | ||||
| EBITDA | 73.51 M | ||||
| Net Income | (32.21 M) | ||||
| Cash And Equivalents | 22.41 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 366.32 M | ||||
| Current Ratio | 1.85 X | ||||
| Book Value Per Share | (1.01) X | ||||
| Cash Flow From Operations | 45.51 M | ||||
| Earnings Per Share | (0.97) X | ||||
| Market Capitalization | 85.49 M | ||||
| Total Asset | 424.3 M | ||||
| Retained Earnings | (826.23 M) | ||||
| Working Capital | 100.88 M | ||||
| Current Asset | 96.02 M | ||||
| Current Liabilities | 12.21 M | ||||
About Nine Energy Performance
To evaluate Nine Energy Service Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Nine Energy generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Nine Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Nine Energy Service market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Nine's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 37.42 | 25.71 | |
| Return On Tangible Assets | (0.1) | (0.10) | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | 0.90 | 0.95 |
Things to note about Nine Energy Service performance evaluation
Checking the ongoing alerts about Nine Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nine Energy Service help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nine Energy Service generated a negative expected return over the last 90 days | |
| Nine Energy Service has high historical volatility and very poor performance | |
| Nine Energy Service has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 609.53 M. Net Loss for the year was (32.21 M) with profit before overhead, payroll, taxes, and interest of 136.29 M. | |
| About 58.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Private equity firms among Nine Energy Service, Inc.s largest shareholders, saw gain in holdings value after stock jumped 23 percent last week |
- Analyzing Nine Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nine Energy's stock is overvalued or undervalued compared to its peers.
- Examining Nine Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nine Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nine Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nine Energy's stock. These opinions can provide insight into Nine Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nine Energy Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Nine Stock analysis
When running Nine Energy's price analysis, check to measure Nine 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 Nine Energy is operating at the current time. Most of Nine Energy's value examination focuses on studying past and present price action to predict the probability of Nine 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 Nine Energy's price. Additionally, you may evaluate how the addition of Nine Energy to your portfolios can decrease your overall portfolio volatility.
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Is Nine Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nine Energy. If investors know Nine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nine Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.97) | Revenue Per Share 18.314 | Quarterly Revenue Growth (0.14) | Return On Assets 0.0276 | Return On Equity (5.83) |
The market value of Nine Energy Service is measured differently than its book value, which is the value of Nine that is recorded on the company's balance sheet. Investors also form their own opinion of Nine Energy's value that differs from its market value or its book value, called intrinsic value, which is Nine Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nine Energy's market value can be influenced by many factors that don't directly affect Nine Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nine Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nine Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nine 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.