Nine Energy Service Stock Performance

NINE Stock  USD 1.00  0.18  21.95%   
The company secures a Beta (Market Risk) of 1.09, which conveys a somewhat significant risk relative to the market. Nine Energy returns are very sensitive to returns on the market. As the market goes up or down, Nine Energy is expected to follow. At this point, Nine Energy Service has a negative expected return of -0.79%. Please make sure to verify Nine Energy's potential upside, as well as the relationship between the daily balance of power and price action indicator , 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 uncertain performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in November 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
1
Disposition of 21371 shares by David Crombie of Nine Energy at 1.43 subject to Rule 16b-3
08/08/2024
2
Disposition of 24703 shares by Ann Fox of Nine Energy at 1.358 subject to Rule 16b-3
08/12/2024
3
Great Valley Advisor Group Inc. Invests 34,000 in Nine Energy Service, Inc. - Defense World
08/16/2024
4
Analyzing CES Energy Solutions and Nine Energy Service - Defense World
08/22/2024
5
Disposition of 7063 shares by David Crombie of Nine Energy at 1.974 subject to Rule 16b-3
08/29/2024
6
Acquisition by Monroe William of 470362 shares of Nine Energy at 1.5818 subject to Rule 16b-3
08/30/2024
7
Making Sense of Delek US Holdings 400M Stock Buyback Plan - Yahoo Finance
09/04/2024
8
Acquisition by Mark Baldwin of 5071 shares of Nine Energy subject to Rule 16b-3
09/06/2024
9
Disposition of 63107 shares by David Crombie of Nine Energy at 4.32 subject to Rule 16b-3
09/12/2024
10
Be Wary Of Nine Energy Service And Its Returns On Capital
09/20/2024
11
Petrobras, Shell and CNOOC Sign Contracts to Expand in Brazil
10/16/2024
12
Shells Onshore Oil Field Sale Worth 1.3B in Nigeria Suffers Setback
10/21/2024
13
FMC Technologies Surpasses Q3 Earnings and Revenue Estimates
10/24/2024
14
GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST NINE MONTHS OF 2024
10/29/2024
Begin Period Cash Flow17.4 M
  

Nine Energy Relative Risk vs. Return Landscape

If you would invest  180.00  in Nine Energy Service on August 1, 2024 and sell it today you would lose (80.00) from holding Nine Energy Service or give up 44.44% of portfolio value over 90 days. Nine Energy Service is currently does not generate positive expected returns and assumes 5.1863% risk (volatility on return distribution) over the 90 days horizon. In different words, 46% 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  
Given the investment horizon of 90 days Nine Energy is expected to under-perform the market. In addition to that, the company is 6.84 times more volatile than its market benchmark. It trades about -0.15 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.09 per unit of volatility.

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 = -0.1518

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Negative ReturnsNINE

Estimated Market Risk

 5.19
  actual daily
46
54% of assets are more volatile

Expected Return

 -0.79
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.15
  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.

About Nine Energy Performance

By analyzing Nine Energy's fundamental ratios, stakeholders can gain valuable insights into Nine Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nine Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nine Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 37.42  25.71 
Return On Tangible Assets(0.10)(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 some characteristics of a very speculative penny stock
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.
Nine Energy Service has a poor financial position based on the latest SEC disclosures
About 30.0% of the company outstanding shares are owned by corporate insiders
Latest headline from prnewswire.com: GRUPO SIMEC ANNOUNCES RESULTS OF OPERATIONS FOR THE FIRST NINE MONTHS OF 2024
Evaluating Nine Energy's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Nine Energy's stock performance include:
  • 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.
It's essential to remember that evaluating Nine Energy's stock performance is not an exact science, and many factors can impact Nine Energy's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

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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