NEXANS (Germany) Buy Hold or Sell Recommendation

NXS Stock  EUR 97.25  0.50  0.51%   
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding NEXANS is 'Buy'. Macroaxis provides NEXANS buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NEXANS positions. The advice algorithm takes into account all of NEXANS's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting NEXANS's buy or sell advice are summarized below:
Real Value
112.81
Hype Value
97.25
Market Value
97.25
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NEXANS given historical horizon and risk tolerance towards NEXANS. When Macroaxis issues a 'buy' or 'sell' recommendation for NEXANS, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out NEXANS Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as NEXANS and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards NEXANS. 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.

Execute NEXANS Buy or Sell Advice

The NEXANS recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NEXANS. Macroaxis does not own or have any residual interests in NEXANS or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NEXANS's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell NEXANSBuy NEXANS
Buy

Market Performance

GoodDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Reporting Quality (M-Score)

InapplicableDetails
For the selected time horizon NEXANS has a Risk Adjusted Performance of 0.101, Jensen Alpha of 0.2286, Total Risk Alpha of (0.12), Sortino Ratio of 0.1161 and Treynor Ratio of 0.4296
Macroaxis provides trade recommendations on NEXANS to complement and cross-verify current analyst consensus on NEXANS. Our advice engine determines the firm's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. Please exercise NEXANS total debt, as well as the relationship between the z score and last dividend paid to make buy, hold, or sell decision on NEXANS.

NEXANS Returns Distribution Density

The distribution of NEXANS's historical returns is an attempt to chart the uncertainty of NEXANS's future price movements. The chart of the probability distribution of NEXANS daily returns describes the distribution of returns around its average expected value. We use NEXANS price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NEXANS returns is essential to provide solid investment advice for NEXANS.
Mean Return
0.33
Value At Risk
-2.48
Potential Upside
4.13
Standard Deviation
1.97
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NEXANS historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

NEXANS Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NEXANS or Other sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NEXANS's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NEXANS stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.23
β
Beta against NYSE Composite0.75
σ
Overall volatility
1.99
Ir
Information ratio 0.10

NEXANS Volatility Alert

NEXANS has relatively low volatility with skewness of 0.8 and kurtosis of 1.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NEXANS's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NEXANS's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

NEXANS Fundamentals Vs Peers

Comparing NEXANS's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NEXANS's direct or indirect competition across all of the common fundamentals between NEXANS and the related equities. This way, we can detect undervalued stocks with similar characteristics as NEXANS or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NEXANS's fundamental indicators could also be used in its relative valuation, which is a method of valuing NEXANS by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare NEXANS to competition
FundamentalsNEXANSPeer Average
Current Valuation4.09 B16.62 B
Price To Book2.35 X9.51 X
Price To Sales0.49 X11.42 X
Total Debt645 M5.32 B
Market Capitalization3.56 B19.03 B
Total Asset5.59 B29.47 B
Z Score3.08.72
Annual Yield0.01 %
Net Asset5.59 B
Last Dividend Paid0.3

NEXANS Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NEXANS . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About NEXANS Buy or Sell Advice

When is the right time to buy or sell NEXANS? Buying financial instruments such as NEXANS Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having NEXANS 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 Communication Services Thematic Idea Now

Communication Services
Communication Services Theme
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 39 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 Communication Services Theme or any other thematic opportunities.
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Check out NEXANS Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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