Nxt Energy Solutions Stock Analysis

NXT OTC Stock Analysis Notes

About 38.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.85. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NXT Energy Solutions recorded a loss per share of 0.04. The entity had not issued any dividends in recent years. The firm had 1:6 split on the 19th of January 1996. NXT Energy Solutions Inc., a technology company, provides services to the oil and gas industry through its proprietary stress field detection technology worldwide. NXT Energy Solutions Inc. was incorporated in 1994 and is headquartered in Calgary, Canada. Energy Exploration operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 10 people.The quote for NXT Energy Solutions is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about NXT Energy Solutions contact George Liszicasz at 403 206 0805 or learn more at https://www.nxtenergy.com.

NXT Energy Solutions Investment Alerts

NXT Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.1 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NXT Energy's market, we take the total number of its shares issued and multiply it by NXT Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 24th of April, NXT Energy secures the Risk Adjusted Performance of 0.0422, mean deviation of 4.35, and Market Risk Adjusted Performance of 0.7908. Concerning fundamental indicators, the technical analysis model lets you check available technical drivers of NXT Energy Solutions, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down nineteen technical drivers for NXT Energy, which can be compared to its peers in the industry. Please verify NXT Energy Solutions maximum drawdown, as well as the relationship between the downside variance and skewness to decide if NXT Energy Solutions is priced favorably, providing market reflects its recent price of 0.13 per share. As NXT Energy Solutions appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.

NXT Energy Solutions Price Movement Analysis

NXT Energy Predictive Daily Indicators

NXT Energy Forecast Models

NXT Energy's time-series forecasting models are one of many NXT Energy's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NXT Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how NXT Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NXT shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as NXT Energy. By using and applying NXT OTC Stock analysis, traders can create a robust methodology for identifying NXT entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NXT Energy Solutions. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the NXT Energy Solutions information on this page should be used as a complementary analysis to other NXT Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

When running NXT Energy's price analysis, check to measure NXT 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 NXT Energy is operating at the current time. Most of NXT Energy's value examination focuses on studying past and present price action to predict the probability of NXT 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 NXT Energy's price. Additionally, you may evaluate how the addition of NXT Energy to your portfolios can decrease your overall portfolio volatility.