Nexxen International (NEXN)
Market Price (3/30/2026): $6.49 | Market Cap: $374.9 MilSector: Communication Services | Industry: Advertising
Nexxen International (NEXN)
Market Price (3/30/2026): $6.49Market Cap: $374.9 MilSector: Communication ServicesIndustry: Advertising
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.7%, FCF Yield is 21% | Weak multi-year price returns2Y Excs Rtn is -56%, 3Y Excs Rtn is -102% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -10% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -27% | Key risksNEXN key risks include [1] unpredictable advertising revenue due to significant geopolitical instability affecting its Israeli operational base. | |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% | ||
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30% | ||
| Low stock price volatilityVol 12M is 49% | ||
| Megatrend and thematic driversMegatrends include Digital Advertising, Social Media & Creator Economy, and Digital Content & Streaming. Themes include Ad-Tech Platforms, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.7%, FCF Yield is 21% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -27% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 30%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 22% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -30% |
| Low stock price volatilityVol 12M is 49% |
| Megatrend and thematic driversMegatrends include Digital Advertising, Social Media & Creator Economy, and Digital Content & Streaming. Themes include Ad-Tech Platforms, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -56%, 3Y Excs Rtn is -102% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -10% |
| Key risksNEXN key risks include [1] unpredictable advertising revenue due to significant geopolitical instability affecting its Israeli operational base. |
Qualitative Assessment
AI Analysis | Feedback
1. Mixed Q4 2025 Financial Performance with Declines in Key Segments: While Nexxen International beat analyst consensus estimates for Q4 2025 with an EPS of $0.33 (vs. $0.27 consensus) and revenue of $100.71 million (vs. $100.39 million consensus), the underlying operational metrics showed year-over-year declines. Contribution ex-TAC fell by 7%, programmatic revenue by 4%, and CTV revenue, a key growth area, decreased by 19% in Q4 2025. These declines, although partially attributed to reduced spending from one DSP customer in Q4 2025, created headwinds that balanced the beat on headline figures.
2. Optimistic 2026 Guidance and Strategic Initiatives Driving Future Growth Expectations: Management provided a positive outlook for fiscal year 2026, guiding for Contribution ex-TAC growth of approximately 8% and programmatic revenue growth of approximately 10% at the midpoint. The company also reported a strong start to Q1 2026, with both Contribution ex-TAC and programmatic revenue exceeding initial expectations. This optimism is fueled by strategic investments in AI-resilient channels, enhanced mobile in-app capabilities, and the launch of a programmatic Smart TV home screen ad activation solution, counteracting immediate concerns from Q4 2025 performance.
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Stock Movement Drivers
Fundamental Drivers
The 0.5% change in NEXN stock from 11/30/2025 to 3/29/2026 was primarily driven by a 51.7% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 6.47 | 6.50 | 0.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 376 | 365 | -3.1% |
| Net Income Margin (%) | 10.5% | 6.9% | -34.4% |
| P/E Multiple | 9.9 | 15.0 | 51.7% |
| Shares Outstanding (Mil) | 60 | 58 | 4.1% |
| Cumulative Contribution | 0.5% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| NEXN | 0.5% | |
| Market (SPY) | -5.3% | 14.8% |
| Sector (XLC) | -6.9% | 14.5% |
Fundamental Drivers
The -35.2% change in NEXN stock from 8/31/2025 to 3/29/2026 was primarily driven by a -48.6% change in the company's Net Income Margin (%).| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 10.03 | 6.50 | -35.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 372 | 365 | -1.9% |
| Net Income Margin (%) | 13.4% | 6.9% | -48.6% |
| P/E Multiple | 12.5 | 15.0 | 20.0% |
| Shares Outstanding (Mil) | 62 | 58 | 7.2% |
| Cumulative Contribution | -35.2% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| NEXN | -35.2% | |
| Market (SPY) | 0.6% | 22.6% |
| Sector (XLC) | -3.3% | 26.2% |
Fundamental Drivers
The -20.2% change in NEXN stock from 2/28/2025 to 3/29/2026 was primarily driven by a -63.3% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 8.15 | 6.50 | -20.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 349 | 365 | 4.5% |
| Net Income Margin (%) | 4.0% | 6.9% | 73.5% |
| P/E Multiple | 40.9 | 15.0 | -63.3% |
| Shares Outstanding (Mil) | 69 | 58 | 19.9% |
| Cumulative Contribution | -20.2% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| NEXN | -20.2% | |
| Market (SPY) | 9.8% | 40.2% |
| Sector (XLC) | 6.2% | 41.6% |
Fundamental Drivers
The -58.5% change in NEXN stock from 2/28/2023 to 3/29/2026 was primarily driven by a -46.1% change in the company's Net Income Margin (%).| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.68 | 6.50 | -58.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 330 | 365 | 10.5% |
| Net Income Margin (%) | 12.7% | 6.9% | -46.1% |
| P/E Multiple | 27.3 | 15.0 | -45.0% |
| Shares Outstanding (Mil) | 73 | 58 | 26.6% |
| Cumulative Contribution | -58.5% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| NEXN | -58.5% | |
| Market (SPY) | 69.4% | 30.6% |
| Sector (XLC) | 106.7% | 28.3% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NEXN Return | -15% | -57% | -22% | 98% | -67% | 2% | -81% |
| Peers Return | -9% | -54% | 54% | 11% | -20% | -22% | -55% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| NEXN Win Rate | 43% | 42% | 58% | 75% | 33% | 67% | |
| Peers Win Rate | 46% | 33% | 57% | 50% | 52% | 20% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| NEXN Max Drawdown | -23% | -59% | -50% | -9% | -68% | -13% | |
| Peers Max Drawdown | -33% | -63% | -12% | -27% | -48% | -30% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TTD, MGNI, PUBM, ROKU, DV.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
| Event | NEXN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -86.3% | -25.4% |
| % Gain to Breakeven | 628.3% | 34.1% |
| Time to Breakeven | Not Fully Recovered days | 464 days |
Compare to TTD, MGNI, PUBM, ROKU, DV
In The Past
Nexxen International's stock fell -86.3% during the 2022 Inflation Shock from a high on 7/27/2021. A -86.3% loss requires a 628.3% gain to breakeven.
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About Nexxen International (NEXN)
AI Analysis | Feedback
- It's like a combination of The Trade Desk (a leading platform for advertisers to buy ad space) and Magnite (a leading platform for publishers to sell ad space), offering an integrated software platform for digital advertising.
- Think of it as the 'Expedia for digital advertising,' connecting advertisers with publishers to efficiently buy and sell ad space across the internet.
- Essentially, it's an automated stock exchange for digital ad inventory, facilitating real-time transactions between buyers and sellers of ad space.
AI Analysis | Feedback
- Demand Side Platform (DSP): This platform offers advertisers and agencies full-service and self-managed access to marketplaces to execute real-time digital marketing campaigns across various ad formats.
- Supply Side Platform (SSP): This platform provides publishers with data access and a comprehensive suite of products to manage ad inventory and optimize revenue.
- Data Management Platform (DMP): This solution integrates the DSP and SSP, enabling advertisers and publishers to utilize data from various sources to optimize the results of their advertising campaigns.
AI Analysis | Feedback
Major Customers of Nexxen International (NEXN)
Nexxen International (NEXN) sells primarily to other companies within the digital advertising ecosystem. Based on the company description, its major customers fall into the following categories:
- Advertisers, Brands, and Ad Buyers: These are companies that utilize Nexxen's demand-side platform (DSP) to plan, execute, and optimize their digital marketing campaigns across various ad formats.
- Advertising Agencies: These firms access Nexxen's platform to manage and execute digital marketing campaigns on behalf of their advertiser clients.
- Digital Publishers: These companies use Nexxen's supply-side platform (SSP) to manage their ad inventory, access data, and optimize revenue from their digital properties (websites, apps, etc.).
AI Analysis | Feedback
Ofer Druker, Chief Executive Officer
Ofer Druker has served as the Chief Executive Officer and a member of the Board of Directors since April 2019, following the merger with RhythmOne, a digital advertising technology company. From November 2017 to April 2019, he was the Executive Chairman of the Tremor Video division, playing a key role in its integration after the August 2017 acquisition. Mr. Druker previously founded and served as Chief Executive Officer of Matomy Media Group Ltd. (LSE:MTMY), a data-driven advertising company, building it from its inception in 2007 until April 2017. He was responsible for leading and integrating Matomy's significant strategic transactions, including the acquisitions of Team Internet, Media Whiz, Mobfox, and Optimatic. Mr. Druker also co-founded Oridian, Inc. (1998), Soho Digital International (2005), Xtend Media (2006), and Automax Motors Ltd., and was CEO of Adsmarket Ltd. from 2007 to 2013. Matomy Media Group, which he co-founded, became a publicly traded company.
Sagi Niri, Chief Financial Officer
Sagi Niri has been the Chief Financial Officer since March 2020, bringing over 20 years of experience in finance and leadership across the technology and real estate sectors. Before joining Nexxen, Mr. Niri was the Chief Executive Officer of Labs and Chief Financial Officer of LabTech Investments Ltd., Labs' parent company, which owns and manages office, retail, and residential real estate in London. He also spent over nine years at Matomy, where he initially served as Chief Operating Officer/Chief Financial Officer and later as Chief Executive Officer.
Yaniv Carmi, Chief Operating Officer
Yaniv Carmi has served as the Chief Operating Officer since March 2020. Prior to this, he was the Company's Chief Financial Officer from January 2010 to March 2020. Mr. Carmi was instrumental in Nexxen's (then Tremor International) initial public offering on AIM in 2014 and its subsequent global operational expansion, including significant M&A activities. His earlier experience includes working as a tax and audit senior at KPMG Israel.
Chance Johnson, Chief Commercial Officer
Chance Johnson is Nexxen's Chief Commercial Officer, where he is critical in driving company revenue and shaping its go-to-market strategy. His responsibilities encompass managing the Sales, Services, Marketing, Solutions, and Engineering teams. He led the commercial efforts to integrate and unify multiple organizations under one brand following a series of acquisitions. With over 20 years of ad tech experience, Mr. Johnson previously served as the Chief Revenue Officer at Integral Ad Science, leading global Sales and Customer organizations, and held roles such as Senior Vice President of Sales at Amobee and Global Vice President of Rubicon Project (now Magnite).
Kara Puccinelli, Chief Customer Officer
Kara Puccinelli, Nexxen's Chief Customer Officer, oversees the company's customer and enterprise partnerships with leading global brands, agencies, and media owners. She is responsible for leading strategic holistic media solutions to meet clients' business and marketing objectives. Earlier in her career, Ms. Puccinelli was the Head of Business Development of UBS within the Corporate Cash Investment Group, focusing on advisory and investment practices in the technology sector.
AI Analysis | Feedback
Nexxen International (NEXN) faces several key risks to its business operations and financial performance.1. Sensitivity to Macroeconomic Conditions and Advertising Demand Fluctuations
The digital advertising industry, in which Nexxen operates, is highly susceptible to broader economic trends and fluctuations in advertising budgets. An economic downturn could lead to reduced spending by advertisers, directly impacting Nexxen's revenue growth. Furthermore, global economic conditions, including potential tariff impacts or shifts in trade policies, can materially affect market sentiment, consumer behavior, and overall advertising demand.
2. Intense Competition and Rapid Technological Advancements, including Privacy Regulations
Nexxen operates in a highly competitive and rapidly evolving advertising technology (ad-tech) landscape. The company faces stiff competition from industry giants such as Google, The Trade Desk, and Magnite, which are aggressively pursuing market share, particularly in high-growth segments like Connected TV (CTV). The constant need for product innovation and differentiation is crucial, as competitors could develop similar or superior technologies, potentially eroding Nexxen's competitive advantage. Additionally, the industry is undergoing significant technological changes, including the phase-out of third-party cookies, which necessitates new identity solutions. Evolving privacy regulations are also reshaping data usage, directly impacting Nexxen's core business model. Challenges related to integrating acquired technologies, such as the prolonged integration with Amobee, have also affected execution and could hinder operational performance.
3. Geopolitical Risks
As Nexxen International Ltd. is headquartered in Tel Aviv-Yafo, Israel, it is exposed to geopolitical instability and conflicts in the Middle East. Ongoing global conflicts and hostilities, including those involving Israel, could adversely impact Nexxen's business, its customers, and the markets in which it operates.
AI Analysis | Feedback
The ongoing deprecation of third-party cookies, particularly Google's phased elimination in Chrome, and the broader trend towards increased data privacy regulations (such as Apple's App Tracking Transparency framework), pose a clear emerging threat. These developments fundamentally challenge the traditional methods of user tracking, ad targeting, and campaign measurement that independent ad-tech platforms like Nexxen International rely on to optimize advertising campaigns for both advertisers and publishers. The shift away from established data collection practices necessitates significant adaptation and could impact the efficacy and value proposition of current DSP, SSP, and DMP solutions.
AI Analysis | Feedback
Nexxen International Ltd. operates in the programmatic advertising market, offering Demand Side Platform (DSP), Supply Side Platform (SSP), and Data Management Platform (DMP) solutions. The addressable markets for these main products are substantial globally and across key regions where Nexxen operates.
Demand Side Platform (DSP)
The global Demand Side Platform (DSP) market size was valued at approximately USD 243.4 billion in 2024. North America held the largest revenue share in the DSP market in 2024.
Supply Side Platform (SSP)
The global Supply Side Platform (SSP) market was valued at USD 44.11 billion in 2023. This market is projected to grow from USD 65.58 billion in 2025 to USD 245.95 billion by 2035, exhibiting a compound annual growth rate (CAGR) of 14.13% during this period. North America is a significant market for SSPs, holding approximately 45% of the global market share. The Asia Pacific region is noted as the fastest-growing market for Supply-Side Platforms.
Data Management Platform (DMP)
The global Data Management Platform (DMP) market size was estimated at USD 2.51 billion in 2024. Another estimate values the global DMP market at USD 3.8 billion in 2026, with projections to reach USD 9.7 billion by 2033, growing at a CAGR of 14.4%. North America dominated the global data management platform market in 2024, holding the largest revenue share of 35.48%.
AI Analysis | Feedback
Nexxen International Ltd. (NEXN) is positioned for future revenue growth over the next 2-3 years, driven by several strategic initiatives and anticipated market improvements. These key drivers include:- Expansion in Connected TV (CTV) and Smart TV Advertising: Nexxen is significantly focused on the growth of Connected TV (CTV) advertising, leveraging its exclusive Smart TV data and media partnership with V (formerly VIDAA). The company's programmatic Smart TV home screen ad activation solution is expected to fuel strategic partnerships with leading platforms, such as The Trade Desk and Yahoo/DSP, accelerating its adoption and enhancing CTV and data revenue opportunities.
- Growth in Programmatic Revenue and Self-Service Offerings: The company anticipates continued growth in its programmatic business lines, including programmatic display, mobile, and desktop video revenue. Nexxen has also observed a significant increase in self-service contribution, indicating a trend toward greater adoption of its self-managed marketplace access for advertisers and agencies. This is expected to be a growth area, particularly within its enterprise self-service offerings.
- Investments in Artificial Intelligence (AI) and Data Integration (nexAI): Nexxen is actively investing in its nexAI initiatives and platform-wide data and AI integration. These investments are projected to enhance advertising campaign performance, boost customer adoption of its solutions, and drive greater internal efficiencies. This technological advancement is a core strategy to strengthen its competitive advantage and unlock future advertising opportunities.
- Strategic Partnerships and Mobile In-App Expansion: Beyond its V (VIDAA) partnership for CTV expansion, Nexxen is pursuing new and expanded scaled mobile in-app partnerships. This strategy aims to diversify its revenue streams, strengthen its resilience against industry disruptions, and support long-term growth by entering new high-growth markets and enhancing its mobile in-app capabilities.
- Improving Macroeconomic and Advertising Market Conditions: Nexxen expresses cautious optimism for an improvement in macroeconomic and advertising conditions. This anticipated upturn is expected to lead to increased advertising budgets and spending from its larger customers. Additionally, major advertising events, such as mid-term elections and significant sporting competitions in 2026, are expected to provide tailwinds for the business.
AI Analysis | Feedback
Share Repurchases
- Nexxen International has authorized a new share repurchase program of up to $40 million, which is scheduled to commence upon the completion of its current program.
- In February 2026, Nexxen repurchased 496,981 shares at an average price of $6.02 per share, with approximately $2.0 million remaining under its existing share repurchase authorization.
- From March 1, 2022, through December 31, 2025, the company repurchased approximately $258.2 million worth of shares, accounting for about 38.5% of its shares outstanding.
Outbound Investments
- Nexxen plans an additional $15 million investment in "V" (formerly VIDAA) in Q3 2026, which will bring its total investment in V to $60 million, representing an approximately 6% equity ownership stake.
- The company acquired Amobee in July 2022 for $239 million.
Capital Expenditures
- In 2025, capital expenditures focused on infrastructure investments designed to support long-term programmatic trading growth.
- For 2026, Nexxen intends to increase investments in its nexAI initiatives.
Latest Trefis Analyses
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Trade Ideas
Select ideas related to NEXN.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02132026 | YELP | Yelp | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 6.2% | 6.2% | -5.7% |
| 02132026 | TRIP | Tripadvisor | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 5.2% | 5.2% | 0.0% |
| 02062026 | OMC | Omnicom | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 22.1% | 22.1% | -3.7% |
| 02062026 | MGNI | Magnite | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 20.6% | 20.6% | -0.8% |
| 01302026 | RBLX | Roblox | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 4.4% | 4.4% | -7.9% |
Research & Analysis
Invest in Strategies
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 10.48 |
| Mkt Cap | 1.6 |
| Rev LTM | 731 |
| Op Inc LTM | 56 |
| FCF LTM | 162 |
| FCF 3Y Avg | 172 |
| CFO LTM | 224 |
| CFO 3Y Avg | 229 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 10.4% |
| Rev Chg 3Y Avg | 11.1% |
| Rev Chg Q | 6.9% |
| QoQ Delta Rev Chg LTM | 1.8% |
| Op Mgn LTM | 9.7% |
| Op Mgn 3Y Avg | 2.1% |
| QoQ Delta Op Mgn LTM | 0.5% |
| CFO/Rev LTM | 29.4% |
| CFO/Rev 3Y Avg | 28.1% |
| FCF/Rev LTM | 21.7% |
| FCF/Rev 3Y Avg | 20.4% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 1.6 |
| P/S | 2.2 |
| P/EBIT | 17.6 |
| P/E | 19.0 |
| P/CFO | 7.1 |
| Total Yield | 3.9% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 5.0% |
| D/E | 0.1 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -11.1% |
| 3M Rtn | -20.6% |
| 6M Rtn | -26.5% |
| 12M Rtn | -13.2% |
| 3Y Rtn | -38.4% |
| 1M Excs Rtn | 3.3% |
| 3M Excs Rtn | -11.5% |
| 6M Excs Rtn | -21.7% |
| 12M Excs Rtn | -27.7% |
| 3Y Excs Rtn | -100.4% |
Price Behavior
| Market Price | $6.50 | |
| Market Cap ($ Bil) | 0.4 | |
| First Trading Date | 10/11/2018 | |
| Distance from 52W High | -47.2% | |
| 50 Days | 200 Days | |
| DMA Price | $6.71 | $8.18 |
| DMA Trend | down | up |
| Distance from DMA | -3.2% | -20.5% |
| 3M | 1YR | |
| Volatility | 45.4% | 48.7% |
| Downside Capture | 0.35 | 0.77 |
| Upside Capture | 59.32 | 73.60 |
| Correlation (SPY) | 18.1% | 41.0% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.10 | 1.58 | 1.20 | 1.36 | 1.28 | 1.28 |
| Up Beta | 2.42 | 2.58 | 2.27 | 1.44 | 1.29 | 1.24 |
| Down Beta | 2.91 | 1.31 | 1.32 | 2.47 | 1.33 | 1.33 |
| Up Capture | 215% | 140% | 83% | 10% | 96% | 78% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 15 | 25 | 34 | 60 | 122 | 361 |
| Down Capture | 147% | 146% | 90% | 145% | 125% | 110% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 6 | 16 | 26 | 62 | 122 | 359 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NEXN | |
|---|---|---|---|---|
| NEXN | -12.8% | 49.4% | -0.11 | - |
| Sector ETF (XLC) | 9.1% | 18.3% | 0.33 | 42.6% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 41.0% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 2.1% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 11.0% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 34.1% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 15.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NEXN | |
|---|---|---|---|---|
| NEXN | -18.7% | 57.4% | -0.15 | - |
| Sector ETF (XLC) | 8.1% | 20.7% | 0.31 | 37.3% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 39.2% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 5.1% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 11.1% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 32.7% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 23.5% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NEXN | |
|---|---|---|---|---|
| NEXN | -9.8% | 57.4% | -0.15 | - |
| Sector ETF (XLC) | 8.7% | 22.4% | 0.47 | 37.3% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 39.2% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 5.1% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 11.1% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 32.7% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 23.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 03/04/2026 | 20-F |
| 09/30/2025 | 11/13/2025 | 6-K |
| 06/30/2025 | 08/13/2025 | 6-K |
| 03/31/2025 | 05/14/2025 | 6-K |
| 12/31/2024 | 03/05/2025 | 20-F |
| 09/30/2024 | 11/15/2024 | 6-K |
| 06/30/2024 | 08/22/2024 | 6-K |
| 03/31/2024 | 05/20/2024 | 6-K |
| 12/31/2023 | 03/06/2024 | Annual |
| 06/30/2023 | 08/17/2023 | 6-K |
| 03/31/2023 | 05/30/2023 | 6-K |
| 06/30/2022 | 08/16/2022 | 6-K |
| 09/30/2021 | 11/12/2021 | 6-K |
| 06/30/2021 | 08/19/2021 | 6-K |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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