NewMarket Stock Forecast - Rate Of Daily Change

NEU Stock  USD 544.41  1.76  0.32%   
NewMarket Stock Forecast is based on your current time horizon.
  
At this time, NewMarket's Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 11.76 in 2024, whereas Fixed Asset Turnover is likely to drop 3.33 in 2024. . Common Stock Shares Outstanding is likely to gain to about 14 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 178.1 M in 2024.
NewMarket has current Rate Of Daily Change of 1.0. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of NewMarket.
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NewMarket Trading Date Momentum

On November 25 2024 NewMarket was traded for  544.41  at the closing time. Highest NewMarket's price during the trading hours was 552.98  and the lowest price during the day was  542.06 . The net volume was 47.2 K. The overall trading history on the 25th of November did not cause price change. The trading delta at closing time to current price is 0.24% .
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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Other Forecasting Options for NewMarket

For every potential investor in NewMarket, whether a beginner or expert, NewMarket's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NewMarket Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NewMarket. Basic forecasting techniques help filter out the noise by identifying NewMarket's price trends.

NewMarket Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NewMarket stock to make a market-neutral strategy. Peer analysis of NewMarket could also be used in its relative valuation, which is a method of valuing NewMarket by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

NewMarket Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NewMarket's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NewMarket's current price.

NewMarket Market Strength Events

Market strength indicators help investors to evaluate how NewMarket stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NewMarket shares will generate the highest return on investment. By undertsting and applying NewMarket stock market strength indicators, traders can identify NewMarket entry and exit signals to maximize returns.

NewMarket Risk Indicators

The analysis of NewMarket's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NewMarket's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting newmarket stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for NewMarket Stock Analysis

When running NewMarket's price analysis, check to measure NewMarket'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 NewMarket is operating at the current time. Most of NewMarket's value examination focuses on studying past and present price action to predict the probability of NewMarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMarket's price. Additionally, you may evaluate how the addition of NewMarket to your portfolios can decrease your overall portfolio volatility.