New Asia Holdings Stock Odds of Future Pink Sheet Price Finishing Under 0.0349
| NAHD Stock | USD 0.03 0.07 65.10% |
New |
New Asia Target Price Odds to finish below 0.0349
The tendency of New Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move below current price in 90 days |
| 0.03 | 90 days | 0.03 | near 1 |
Based on a normal probability distribution, the odds of New Asia to move below current price in 90 days from now is near 1 (This New Asia Holdings probability density function shows the probability of New Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days New Asia Holdings has a beta of -2.63. This indicates as returns on its benchmark rise, returns on holding New Asia Holdings are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, New Asia is expected to outperform its benchmark. Additionally New Asia Holdings has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. New Asia Price Density |
| Price |
Predictive Modules for New Asia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Asia Holdings. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.New Asia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. New Asia is not an exception. The market had few large corrections towards the New Asia's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold New Asia Holdings, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New Asia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.87 | |
β | Beta against Dow Jones | -2.63 | |
σ | Overall volatility | 0.08 | |
Ir | Information ratio | -0.22 |
New Asia Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of New Asia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New Asia Holdings can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| New Asia Holdings generated a negative expected return over the last 90 days | |
| New Asia Holdings has high historical volatility and very poor performance | |
| New Asia Holdings has some characteristics of a very speculative penny stock | |
| New Asia Holdings currently holds 924.45 K in liabilities. New Asia Holdings has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist New Asia until it has trouble settling it off, either with new capital or with free cash flow. So, New Asia's 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 New Asia Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Asia's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (153.78 K) with profit before overhead, payroll, taxes, and interest of 76. | |
| New Asia Holdings currently holds about 29.04 K in cash with (103.43 K) of positive cash flow from operations. | |
| Roughly 71.0% of the company outstanding shares are owned by corporate insiders |
New Asia Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of New Pink Sheet often depends not only on the future outlook of the current and potential New Asia's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. New Asia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 75.3 M | |
| Short Long Term Debt | 916.5 K | |
| Shares Float | 21.9 M |
New Asia Technical Analysis
New Asia's future price can be derived by breaking down and analyzing its technical indicators over time. New Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New Asia Holdings. In general, you should focus on analyzing New Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
New Asia Predictive Forecast Models
New Asia's time-series forecasting models is one of many New Asia's pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary New Asia's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about New Asia Holdings
Checking the ongoing alerts about New Asia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for New Asia Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| New Asia Holdings generated a negative expected return over the last 90 days | |
| New Asia Holdings has high historical volatility and very poor performance | |
| New Asia Holdings has some characteristics of a very speculative penny stock | |
| New Asia Holdings currently holds 924.45 K in liabilities. New Asia Holdings has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist New Asia until it has trouble settling it off, either with new capital or with free cash flow. So, New Asia's 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 New Asia Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Asia's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (153.78 K) with profit before overhead, payroll, taxes, and interest of 76. | |
| New Asia Holdings currently holds about 29.04 K in cash with (103.43 K) of positive cash flow from operations. | |
| Roughly 71.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in New Pink Sheet
New Asia financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Asia security.