New Financial Statements From 2010 to 2025
| NWPP Stock | USD 3.56 0.05 1.42% |
Check New Peoples financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Peoples' main balance sheet or income statement drivers, such as , as well as many indicators such as . New financial statements analysis is a perfect complement when working with New Peoples Valuation or Volatility modules.
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New Peoples Bankshares Company Return On Equity Analysis
New Peoples' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current New Peoples Return On Equity | 0.13 |
Most of New Peoples' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Peoples Bankshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, New Peoples Bankshares has a Return On Equity of 0.1338. This is 90.77% lower than that of the Banks sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 143.16% lower than that of the firm.
New Peoples Bankshares Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Peoples's current stock value. Our valuation model uses many indicators to compare New Peoples value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Peoples competition to find correlations between indicators driving New Peoples's intrinsic value. More Info.New Peoples Bankshares is regarded second in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about 0.08 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for New Peoples Bankshares is roughly 12.99 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the New Peoples' earnings, one of the primary drivers of an investment's value.About New Peoples Financial Statements
New Peoples shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although New Peoples investors may analyze each financial statement separately, they are all interrelated. The changes in New Peoples' assets and liabilities, for example, are also reflected in the revenues and expenses on on New Peoples' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
New Peoples Bankshares, Inc. operates as a financial holding company for New Peoples Bank, Inc. that provides general banking services to individuals, small to medium size businesses, and the professional community in the United States. The company was incorporated in 1997 and is headquartered in Honaker, Virginia. New Peoples operates under BanksRegional classification in the United States and is traded on OTC Exchange. It employs 198 people.
Pair Trading with New Peoples
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Peoples position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Peoples will appreciate offsetting losses from the drop in the long position's value.Moving together with New Pink Sheet
Moving against New Pink Sheet
| 0.57 | CYPS | Cyclo3pss | PairCorr |
| 0.42 | BKRKY | Bank Rakyat | PairCorr |
| 0.41 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.33 | RYSKF | Reysas Tasimacilik | PairCorr |
The ability to find closely correlated positions to New Peoples could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Peoples when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Peoples - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Peoples Bankshares to buy it.
The correlation of New Peoples is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Peoples moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Peoples Bankshares moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Peoples can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for New Pink Sheet Analysis
When running New Peoples' price analysis, check to measure New Peoples' 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 New Peoples is operating at the current time. Most of New Peoples' value examination focuses on studying past and present price action to predict the probability of New Peoples' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Peoples' price. Additionally, you may evaluate how the addition of New Peoples to your portfolios can decrease your overall portfolio volatility.