Newport Exploration Stock Buy Hold or Sell Recommendation
| NWX Stock | CAD 0.07 0.01 6.25% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding Newport Exploration is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Newport Exploration given historical horizon and risk tolerance towards Newport Exploration. When Macroaxis issues a 'buy' or 'sell' recommendation for Newport Exploration, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Newport Exploration Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Newport and provide practical buy, sell, or hold advice based on investors' constraints. Newport Exploration. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Newport |
Execute Newport Exploration Buy or Sell Advice
The Newport recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Newport Exploration. Macroaxis does not own or have any residual interests in Newport Exploration or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Newport Exploration's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Newport Exploration Trading Alerts and Improvement Suggestions
| Newport Exploration generated a negative expected return over the last 90 days | |
| Newport Exploration has high historical volatility and very poor performance | |
| Newport Exploration has some characteristics of a very speculative penny stock | |
| About 27.0% of the company outstanding shares are owned by corporate insiders |
Newport Exploration Returns Distribution Density
The distribution of Newport Exploration's historical returns is an attempt to chart the uncertainty of Newport Exploration's future price movements. The chart of the probability distribution of Newport Exploration daily returns describes the distribution of returns around its average expected value. We use Newport Exploration price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Newport Exploration returns is essential to provide solid investment advice for Newport Exploration.
| Mean Return | -0.67 | Value At Risk | -11.11 | Potential Upside | 8.33 | Standard Deviation | 5.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Newport Exploration historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Newport Exploration Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.8M | (1.9M) | (2.1M) | 530.1K | (444.0K) | (421.8K) | |
| Free Cash Flow | 7.2M | 5.6M | 5.5M | 4.8M | 2.2M | 1.9M | |
| Depreciation | 3.7K | 3.9K | 4.3K | 64.4K | 64.7K | 67.9K | |
| Other Non Cash Items | (3.2M) | (57.9K) | 3.5K | (108.5K) | (86.2K) | (81.9K) | |
| Net Income | 5.9M | 6.2M | 5.3M | 2.6M | 1.9M | 1.2M | |
| End Period Cash Flow | 4.8M | 2.9M | 728.6K | 1.3M | 814.7K | 773.9K | |
| Investments | 3.0M | (424.9K) | (167.5K) | (3.4K) | 550K | 577.5K | |
| Change To Netincome | (5.3K) | 309.7K | 365.4K | (70.5K) | (81.1K) | (85.1K) | |
| Dividends Paid | 8.4M | 7.4M | 7.4M | 4.2M | 3.2M | 4.9M |
Newport Exploration Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Newport Exploration or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Newport Exploration's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Newport stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.83 | |
β | Beta against Dow Jones | 1.22 | |
σ | Overall volatility | 5.39 | |
Ir | Information ratio | -0.14 |
Newport Exploration Volatility Alert
Newport Exploration exhibits very low volatility with skewness of -0.08 and kurtosis of 1.58. Newport Exploration is a penny stock. Although Newport Exploration may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Newport Exploration. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Newport instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Newport Exploration Fundamentals Vs Peers
Comparing Newport Exploration's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Newport Exploration's direct or indirect competition across all of the common fundamentals between Newport Exploration and the related equities. This way, we can detect undervalued stocks with similar characteristics as Newport Exploration or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Newport Exploration's fundamental indicators could also be used in its relative valuation, which is a method of valuing Newport Exploration by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Newport Exploration to competition |
| Fundamentals | Newport Exploration | Peer Average |
| Return On Equity | 0.6 | -0.31 |
| Return On Asset | -0.27 | -0.14 |
| Current Valuation | 6.31 M | 16.62 B |
| Shares Outstanding | 105.58 M | 571.82 M |
| Shares Owned By Insiders | 26.70 % | 10.09 % |
| Number Of Shares Shorted | 95 | 4.71 M |
| Price To Earning | 11.00 X | 28.72 X |
| Price To Book | 3.07 X | 9.51 X |
| EBITDA | (1.45 M) | 3.9 B |
| Net Income | 1.92 M | 570.98 M |
| Cash And Equivalents | 6.73 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 124.69 K | 5.32 B |
| Current Ratio | 19.57 X | 2.16 X |
| Book Value Per Share | 0.02 X | 1.93 K |
| Cash Flow From Operations | 2.24 M | 971.22 M |
| Earnings Per Share | 0.02 X | 3.12 X |
| Beta | 1.06 | -0.15 |
| Market Capitalization | 7.92 M | 19.03 B |
| Total Asset | 3.99 M | 29.47 B |
| Retained Earnings | (46.3 M) | 9.33 B |
| Working Capital | 3.75 M | 1.48 B |
| Annual Yield | 0.27 % | |
| Net Asset | 3.99 M | |
| Last Dividend Paid | 0.03 |
Newport Exploration Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Newport . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0625 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.0775 | |||
| Day Typical Price | 0.0767 | |||
| Market Facilitation Index | 0.005 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 2.92 |
About Newport Exploration Buy or Sell Advice
When is the right time to buy or sell Newport Exploration? Buying financial instruments such as Newport Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Beer and Liquor
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Additional Tools for Newport Stock Analysis
When running Newport Exploration's price analysis, check to measure Newport Exploration'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 Newport Exploration is operating at the current time. Most of Newport Exploration's value examination focuses on studying past and present price action to predict the probability of Newport Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newport Exploration's price. Additionally, you may evaluate how the addition of Newport Exploration to your portfolios can decrease your overall portfolio volatility.