Newport Competitors

Pink Sheets . USA . 
Stock . Newport Gold
NWPG Stock  USD 0  0.0005  31.25%   
Newport Gold competes with Callinex Mines, NioCorp Developments, Lithium Americas, Sigma Lithium, and Standard Lithium; as well as few others. The company conducts business under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Newport Gold competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Newport Gold to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Newport Gold Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Newport Gold competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
0.00014.58
Details
Intrinsic
Valuation
LowRealHigh
0.00014.58
Details

Newport Gold Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Newport Gold and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Newport and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Newport Gold does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
MP
+ 0.9
SGML
SLI
+ 0.84
SGML
SYAXF
+ 0.83
SGML
MP
+ 0.82
SLI
MP
+ 0.81
LAC
SLI
+ 0.75
LAC
  
High negative correlations   
LAC
- 0.49
NB
MP
- 0.36
NB
SGML
- 0.21
NB
SLI
- 0.15
NB
SYAXF
- 0.04
NB

Risk-Adjusted Indicators

There is a big difference between Newport Pink Sheet performing well and Newport Gold Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Newport Gold's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Newport Gold Competitive Analysis

The better you understand Newport Gold competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Newport Gold's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Newport Gold's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NWPG CLLXF NB LAC SGML SLI SYAXF MP
 31.25 
 0 
Newport
 1.49 
 0.68 
Callinex
 4.41 
 1.30 
NioCorp
 3.47 
 3.90 
Lithium
 3.86 
 13.70 
Sigma
 5.68 
 1.66 
Standard
 13.04 
 0.02 
Sayona
 2.83 
 20.25 
MP Materials
Market Volatility
(90 Days Market Risk)
Out of control
Extremely Dangerous
Unstable
Relatively risky
Not too volatile
Dangerous
Out of control
Not too volatile
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
Good
Good
Modest
Insignificant
Solid
Odds of Financial Distress
(Probability Of Bankruptcy)
About Average
About Average
Very High
Below Average
Below Average
Below Average
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Under Valued
Under Valued
Under Valued
Under Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Buy
Buy
Strong Buy
Strong Buy
Not Available
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Cautious Hold
Hold
Hold
Strong Sell
Strong Sell
Strong Buy
Current Ratio
0.03 X
2.55 X
N/A
44.14 X
9.15 X
19.44 X
28.66 X
18.15 X
Net Asset
41.35 K
35.65 M
20.07 M
437.25 M
487.24 M
286.91 M
661.16 M
2.34 B
Profit Margin
N/A
N/A
N/A
N/A
0.04 %
N/A
118.21 %
(0.32) %
EBITDA
N/A
1.66 M
(7.54 M)
(27.36 M)
(5.6 M)
(44.75 M)
84.66 M
94.95 M
Current Valuation
1.14 M
21.33 M
63.14 M
553.3 M
1.71 B
310.45 M
1.16 B
3.48 B
Price To Book
0.68 X
0.99 X
24.28 X
1.32 X
15.01 X
1.34 X
3.80 X
3.19 X
Operating Margin
N/A
N/A
N/A
N/A
0.12 %
N/A
(40.74) %
(0.60) %
Retained Earnings
(4.89 M)
(30.64 M)
(161.91 M)
(264.36 M)
(232.76 M)
(1.26 M)
N/A
385.73 M
Current Asset
12 K
4.04 M
N/A
54.99 M
N/A
77.26 M
N/A
N/A
Beta
2.33
2.39
0.27
1.54
0.14
1.93
0.68
2.23
Number Of Employees
5
12
7
N/A
523
9
9
681
Shares Outstanding
57.31 M
15 M
42.51 M
218.38 M
111.83 M
186.58 M
8.69 B
163.21 M
Cash Flow From Operations
(59.81 K)
(1.47 M)
(11.73 M)
(37.96 M)
(30.79 M)
(24.69 M)
(20.45 M)
62.7 M
Total Debt
34.24 K
40 K
7.86 M
3.11 M
176.63 M
989 K
23.46 M
690.35 M
Return On Equity
N/A
0.0013
-7.72
-0.0698
0.0686
0.59
0.26
-0.0486
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
38.4
N/A
Return On Asset
-2.37
-0.0314
-0.42
-0.0372
0.086
-0.1
-0.0346
-0.0401
Book Value Per Share
(0) X
2.22 X
0.03 X
3.02 X
1.95 X
1.85 X
0.06 X
6.52 X
Number Of Shares Shorted
N/A
N/A
756.36 K
26.04 M
10 M
4.42 M
N/A
22.24 M
Current Liabilities
583 K
45 K
N/A
3.45 M
N/A
50.65 M
N/A
N/A
Total Asset
41.35 K
35.65 M
20.07 M
437.25 M
487.24 M
286.91 M
661.16 M
2.34 B
Debt To Equity
N/A
0 %
N/A
0.27 %
0 %
0 %
0.04 %
0.55 %
Short Ratio
N/A
N/A
6.06 X
5.40 X
12.31 X
1.66 X
N/A
9.29 X
Target Price
N/A
N/A
8.5
7.86
22.5
5.04
N/A
21.93
Shares Owned By Institutions
N/A
3.59 %
5.46 %
26.60 %
80.81 %
9.29 %
11.60 %
66.34 %
Market Capitalization
544.45 K
43.36 M
57.82 M
893.17 M
1.6 B
338.75 M
1.52 B
3.4 B
Price To Earning
(11.12) X
(10.83) X
N/A
20.88 X
N/A
16.36 X
15.00 X
23.94 X
Price To Earnings To Growth
N/A
N/A
N/A
N/A
(1.95) X
N/A
N/A
0.71 X
Price To Sales
N/A
N/A
N/A
177.97 X
5.42 X
N/A
2,411 X
18.48 X
Net Income
(242.67 K)
41.05 K
(11.9 M)
(4.01 M)
(38.25 M)
107.65 M
58.89 M
24.31 M
Earnings Per Share
(0) X
N/A
(0.27) X
(0.12) X
(0.45) X
0.61 X
0.01 X
(0.52) X
Shares Owned By Insiders
N/A
6.01 %
6.26 %
7.38 %
4.43 %
14.01 %
22.50 %
26.35 %
Revenue
N/A
N/A
N/A
N/A
181.23 M
N/A
498.22 K
253.44 M
Working Capital
(571 K)
4 M
(9.04 M)
181.32 M
20.3 M
39.56 M
N/A
1.02 B
Cash And Equivalents
6.29 K
3.91 M
N/A
440.82 M
85.19 M
129.07 M
197.68 M
1.18 B
Cash Per Share
N/A
0.26 X
N/A
3.28 X
0.82 X
0.77 X
0.02 X
7.12 X
Gross Profit
(21.18 K)
(8.86 K)
N/A
N/A
N/A
(16.04 M)
498.22 K
435.29 M
Day Typical Price
0.0011
0.67
1.33
3.91
13.87
1.69
0.0205
20.29
Accumulation Distribution
N/A
0.0441
6024.7
199611.0
14979.65
76082.29
18139.53
109200.0
Market Facilitation Index
N/A
0.03
0.0
N/A
0.0
N/A
N/A
N/A
Daily Balance Of Power
(9,223,372,036,855)
0.3333
(0.75)
(0.82)
(1.02)
(1.00)
(2.00)
(0.86)
Period Momentum Indicator
(0.0005)
0.01
(0.06)
(0.14)
(0.55)
(0.10)
(0)
(0.59)
Rate Of Daily Change
0.69
1.01
0.96
0.97
0.96
0.94
0.87
0.97
Day Median Price
0.0011
0.67
1.34
3.92
13.95
1.7
0.0207
20.31
Price Action Indicator
(0.0003)
0.02
(0.07)
(0.09)
(0.53)
(0.09)
(0)
(0.36)
Coefficient Of Variation
1165.39
(3,491)
(827.03)
769.25
820.26
929.37
1329.09
420.42
Mean Deviation
9.61
2.04
3.47
4.61
3.34
5.35
5.74
2.39
Jensen Alpha
2.18
(0.08)
(0.67)
0.5612
0.3139
0.6094
0.6696
0.5808
Total Risk Alpha
(1.79)
(0.49)
(1.36)
(0.16)
(0.15)
(0.34)
(0.63)
0.259
Sortino Ratio
0.0676
N/A
N/A
0.1512
0.1122
0.1144
0.0586
0.2584
Downside Variance
934.6
N/A
N/A
17.67
11.42
29.77
60.75
6.24
Standard Deviation
25.59
2.6
4.88
5.88
4.17
7.0
7.78
3.26
Kurtosis
32.86
0.0919
2.52
2.03
0.2179
0.7528
0.426
1.88
Potential Upside
33.33
4.29
5.33
10.63
7.65
14.53
15.79
7.34
Treynor Ratio
92.24
2.12
(0.99)
0.4639
0.3209
0.661
(0.72)
0.4942
Maximum Drawdown
231.82
12.66
28.43
32.09
21.69
35.9
39.17
17.15
Variance
654.93
6.74
23.79
34.55
17.36
48.93
60.51
10.6
Market Risk Adjusted Performance
92.25
2.13
(0.98)
0.4739
0.3309
0.671
(0.71)
0.5042
Risk Adjusted Performance
0.0753
(0.01)
(0.08)
0.1081
0.1013
0.0911
0.0665
0.1894
Skewness
4.75
0.2188
0.7535
1.1
0.4502
0.7351
0.2205
1.05
Semi Deviation
10.42
N/A
N/A
4.05
3.11
5.16
6.71
1.92
Information Ratio
0.0808
(0.08)
(0.15)
0.1081
0.091
0.0892
0.0587
0.1983
Value At Risk
(23.08)
(4.05)
(8.00)
(7.35)
(4.78)
(8.93)
(11.76)
(3.74)
Expected Short fall
(55.08)
N/A
N/A
(5.83)
(4.17)
(6.84)
(6.49)
(2.83)
Downside Deviation
30.57
N/A
N/A
4.2
3.38
5.46
7.79
2.5
Semi Variance
108.65
N/A
N/A
16.38
9.67
26.6
44.98
3.7

Newport Gold Competition Performance Charts

Five steps to successful analysis of Newport Gold Competition

Newport Gold's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Newport Gold in relation to its competition. Newport Gold's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Newport Gold in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Newport Gold's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Newport Gold, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Newport Gold position

In addition to having Newport Gold 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 Agriculture Thematic Idea Now

Agriculture
Agriculture Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Agriculture theme has 30 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 Agriculture Theme or any other thematic opportunities.
View All  Next Launch

Other Information on Investing in Newport Pink Sheet

Newport Gold financial ratios help investors to determine whether Newport Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Newport with respect to the benefits of owning Newport Gold security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY