Network Media Group Stock Today
| NTE Stock | CAD 0.32 0.02 5.88% |
Performance9 of 100
| Odds Of DistressLess than 38
|
Network Media is selling for under 0.32 as of the 3rd of May 2024; that is -5.88% down since the beginning of the trading day. The stock's lowest day price was 0.32. Network Media has about a 38 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Network Media Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Business Domain Media & Entertainment | Category Communication Services |
Network Media Group Inc., together with its subsidiaries, develops, produces, and exploits film and television properties in North America and internationally. The company develops, finances, produces, markets, and distributes factualnon-scripted television series, documentaries, biographies, docudramas, theatrical documentary films, online programming, and specialty sports and entertainment productions. The company has 17.82 M outstanding shares of which 261 shares are now shorted by private and institutional investors with about 0.02 days to cover all short positions. More on Network Media Group
Moving against Network Stock
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Network Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Network Media's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Network Media or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Founder, CEO and Director | Derik murray | ||||
| Thematic Idea | Entertainment (View all Themes) | ||||
| Business Concentration | Movies & Entertainment, Media & Entertainment, Communication Services, Entertainment, Communication Services, Entertainment, Media - Diversified, Consumer Cyclical (View all Sectors) | ||||
Network Media's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Network Media's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Network Media's financial leverage. It provides some insight into what part of Network Media's total assets is financed by creditors.
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Network Media Group (NTE) is traded on TSX Venture Exchange in Canada and employs 23 people. Network Media is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Network Media's market, we take the total number of its shares issued and multiply it by Network Media'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. Network Media Group classifies itself under Entertainment sector and is part of Communication Services industry. The entity has 17.82 M outstanding shares of which 261 shares are now shorted by private and institutional investors with about 0.02 days to cover all short positions.
Network Media Group has accumulated about 1000 K in cash with 4.92 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Network Media Probability Of Bankruptcy
Ownership AllocationNetwork Media Group holds a total of 17.82 Million outstanding shares. Network Media Group holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Network Ownership Details
Network Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Network Media jumping above the current price in 90 days from now is under 4%. The Network Media Group probability density function shows the probability of Network Media stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the stock has a beta coefficient of 1.3482. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Network Media will likely underperform. Moreover, network Media Group has an alpha of 1.1415, implying that it can generate a 1.14 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Network Media to move above the current price in 90 days from now is under 4 (This Network Media Group probability density function shows the probability of Network Stock to fall within a particular range of prices over 90 days) .
Network Media Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Network Media market risk premium is the additional return an investor will receive from holding Network Media long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Network Media. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Network Media's alpha and beta are two of the key measurements used to evaluate Network Media's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.38 | |||
| Semi Deviation | 4.03 | |||
| Standard Deviation | 7.37 | |||
| Variance | 54.34 |
Network Stock Against Markets
Picking the right benchmark for Network Media stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Network Media stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Network Media is critical whether you are bullish or bearish towards Network Media Group at a given time. Please also check how Network Media's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Network Media without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Network Media Corporate Directors
Network Media corporate directors refer to members of a Network Media board of directors. The board of directors generally takes responsibility for the Network Media's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Network Media's board members must vote for the resolution. The Network Media board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Steven Kotlowitz | Independent Director | Profile | |
| Greg Zeschuk | Director | Profile | |
| Mike McIsaac | Director | Profile | |
| Frank Anderson | Independent Director | Profile |
How to buy Network Stock?
Before investing in Network Media, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Network Media. To buy Network Media stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Network Media. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Network Media stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Network Media Group stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Network Media Group stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Network Media Group, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Network Media Group?
The danger of trading Network Media Group is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Network Media is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Network Media. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Network Media Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Network Media Group. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Network Stock analysis
When running Network Media's price analysis, check to measure Network Media'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 Network Media is operating at the current time. Most of Network Media's value examination focuses on studying past and present price action to predict the probability of Network Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Network Media's price. Additionally, you may evaluate how the addition of Network Media to your portfolios can decrease your overall portfolio volatility.
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