Nexgen Energy Stock Analysis

NexGen Stock Analysis Notes

About 48.0% of the company shares are owned by institutional investors. The company last dividend was issued on the March 13, 2013. NexGen Energy Ltd., an exploration and development stage company, engages in the acquisition, exploration, and evaluation and development of uranium properties in Canada. Its principal asset is the Rook I project comprising 32 contiguous mineral claims totaling an area of 35,065 hectares located in the southwestern Athabasca Basin of Saskatchewan. Nexgen Energy operates under Uranium classification in the United States and is traded on New York Stock Exchange. It employs 43 people. To find out more about NexGen Energy contact Leigh Curyer at 604-428-4112 or learn more at https://www.nexgenenergy.ca.

NexGen Energy Investment Alerts

NexGen Energy Upcoming and Recent Events

NexGen Largest EPS Surprises

View All Earnings Estimates

NexGen Energy Thematic Classifications

NexGen Stock Institutional Investors

Note, although NexGen Energy's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

NexGen Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 4.24 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NexGen Energy's market, we take the total number of its shares issued and multiply it by NexGen 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.

NexGen Profitablity

Management Efficiency

NexGen Energy has Return on Asset of (0.0678) % which means that on every $100 spent on assets, it lost $0.0678. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.11 %, implying that it generated $0.11 on every 100 dollars invested. NexGen Energy's management efficiency ratios could be used to measure how well NexGen Energy manages its routine affairs as well as how well it operates its assets and liabilities. At present, NexGen Energy's Return On Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Equity is expected to grow to 0.10, whereas Return On Capital Employed is forecasted to decline to (0.09). At present, NexGen Energy's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 322.3 M, whereas Tangible Asset Value is forecasted to decline to about 149.1 M.

Technical Drivers

As of the 25th of April, NexGen Energy secures the Mean Deviation of 2.25, downside deviation of 3.14, and Risk Adjusted Performance of 0.0262. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NexGen Energy, 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 have analyzed and interpolated nineteen technical drivers for NexGen Energy, which can be compared to its peers in the industry. Please verify NexGen Energy coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if NexGen Energy is priced some-what accurately, providing market reflects its recent price of 7.81 per share. Given that NexGen Energy has jensen alpha of (0.05), we recommend you to check NexGen Energy's last-minute market performance to make sure the company can sustain itself at a future point.

NexGen Energy Price Movement Analysis

NexGen Energy Predictive Daily Indicators

NexGen Energy Corporate Filings

NexGen Energy Forecast Models

NexGen Energy's time-series forecasting models are one of many NexGen Energy's 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 NexGen 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how NexGen 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 NexGen shares will generate the highest return on investment. We also built our stock 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 Stock such as NexGen Energy. By using and applying NexGen Stock analysis, traders can create a robust methodology for identifying NexGen entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. NexGen analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. NexGen analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

NexGen Energy stock analysis indicators help investors evaluate how NexGen Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading NexGen Energy shares will generate the highest return on investment. By understating and applying NexGen Energy stock analysis, traders can identify NexGen Energy position entry and exit signals to maximize returns.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NexGen Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For information on how to trade NexGen Stock refer to our How to Trade NexGen Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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

Is NexGen 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 NexGen Energy. If investors know NexGen 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 NexGen Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of NexGen Energy is measured differently than its book value, which is the value of NexGen that is recorded on the company's balance sheet. Investors also form their own opinion of NexGen Energy's value that differs from its market value or its book value, called intrinsic value, which is NexGen 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 NexGen Energy's market value can be influenced by many factors that don't directly affect NexGen 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 NexGen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if NexGen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NexGen 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.