Nextsource Materials Stock Performance
NextSource Materials holds a performance score of 11 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.23, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NextSource Materials' returns are expected to increase less than the market. However, during the bear market, the loss of holding NextSource Materials is expected to be smaller as well. Use NextSource Materials downside deviation and the relationship between the information ratio and expected short fall , to analyze future returns on NextSource Materials.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in NextSource Materials are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, NextSource Materials reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 22.4 M | |
| Total Cashflows From Investing Activities | -13.1 M |
NextSource |
NextSource Materials Relative Risk vs. Return Landscape
If you would invest 20.00 in NextSource Materials on April 28, 2025 and sell it today you would earn a total of 16.00 from holding NextSource Materials or generate 80.0% return on investment over 90 days. NextSource Materials is currently producing 1.317% returns and takes up 9.1099% volatility of returns over 90 trading days. Put another way, 81% of traded otc stocks are less volatile than NextSource, and 74% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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NextSource Materials Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NextSource Materials' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as NextSource Materials, and traders can use it to determine the average amount a NextSource Materials' 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 = 0.1446
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Estimated Market Risk
| 9.11 actual daily | 81 81% of assets are less volatile |
Expected Return
| 1.32 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average NextSource Materials is performing at about 11% of its full potential. 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 NextSource Materials by adding it to a well-diversified portfolio.
NextSource Materials Fundamentals Growth
NextSource OTC Stock prices reflect investors' perceptions of the future prospects and financial health of NextSource Materials, and NextSource Materials 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 NextSource OTC Stock performance.
| Return On Asset | -0.0716 | |||
| Current Valuation | 216.02 M | |||
| Shares Outstanding | 101.87 M | |||
| Price To Book | 55.48 X | |||
| EBITDA | (21.4 M) | |||
| Cash And Equivalents | 9.79 M | |||
| Cash Per Share | 0.10 X | |||
| Total Debt | 349.82 K | |||
| Book Value Per Share | (0.09) X | |||
| Cash Flow From Operations | (1.63 M) | |||
| Earnings Per Share | 0.13 X | |||
| Total Asset | 29.3 M | |||
About NextSource Materials Performance
By analyzing NextSource Materials' fundamental ratios, stakeholders can gain valuable insights into NextSource Materials' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NextSource Materials 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 NextSource Materials has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NextSource Materials Inc. acquires, explores for, and develops mineral properties in Madagascar and Canada. NextSource Materials Inc. was founded in 2004 and is headquartered in Toronto, Canada. Nextsource Materials is traded on OTC Exchange in the United States.Things to note about NextSource Materials performance evaluation
Checking the ongoing alerts about NextSource Materials for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for NextSource Materials help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NextSource Materials is not yet fully synchronised with the market data | |
| NextSource Materials is way too risky over 90 days horizon | |
| NextSource Materials has some characteristics of a very speculative penny stock | |
| NextSource Materials appears to be risky and price may revert if volatility continues | |
| NextSource Materials has high likelihood to experience some financial distress in the next 2 years | |
| NextSource Materials has accumulated 349.82 K in total debt. NextSource Materials has a current ratio of 0.42, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NextSource Materials until it has trouble settling it off, either with new capital or with free cash flow. So, NextSource Materials' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NextSource Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NextSource to invest in growth at high rates of return. When we think about NextSource Materials' use of debt, we should always consider it together with cash and equity. | |
| NextSource Materials has accumulated about 9.79 M in cash with (1.63 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1. | |
| Roughly 49.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing NextSource Materials' 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 NextSource Materials' stock is overvalued or undervalued compared to its peers.
- Examining NextSource Materials' 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 NextSource Materials' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NextSource Materials' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of NextSource Materials' otc stock. These opinions can provide insight into NextSource Materials' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for NextSource OTC Stock analysis
When running NextSource Materials' price analysis, check to measure NextSource Materials' 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 NextSource Materials is operating at the current time. Most of NextSource Materials' value examination focuses on studying past and present price action to predict the probability of NextSource Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NextSource Materials' price. Additionally, you may evaluate how the addition of NextSource Materials to your portfolios can decrease your overall portfolio volatility.
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