New Gold Stock Alpha and Beta Analysis
| NGD Stock | USD 10.49 0.54 5.43% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as New Gold. It also helps investors analyze the systematic and unsystematic risks associated with investing in New Gold over a specified time horizon. Remember, high New Gold's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to New Gold's market risk premium analysis include:
Beta 2.31 | Alpha 0.6 | Risk 4.3 | Sharpe Ratio 0.18 | Expected Return 0.79 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Check out New Gold Analysis, New Gold Valuation, New Gold Correlation, New Gold Hype Analysis, New Gold Volatility, New Gold Price History and analyze New Gold Performance. New Gold Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. New Gold market risk premium is the additional return an investor will receive from holding New Gold long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in New Gold. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate New Gold's performance over market.| α | 0.60 | β | 2.31 |
New Gold expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of New Gold's Buy-and-hold return. Our buy-and-hold chart shows how New Gold performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.New Gold Market Price Analysis
Market price analysis indicators help investors to evaluate how New Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Gold shares will generate the highest return on investment. By understating and applying New Gold stock market price indicators, traders can identify New Gold position entry and exit signals to maximize returns.
New Gold Return and Market Media
The median price of New Gold for the period between Thu, Nov 6, 2025 and Wed, Feb 4, 2026 is 8.35 with a coefficient of variation of 19.43. The daily time series for the period is distributed with a sample standard deviation of 1.71, arithmetic mean of 8.78, and mean deviation of 1.38. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | New Gold Inc. NGD Shares Sold by TSP Capital Management Group LLC | 11/19/2025 |
2 | New Gold Is Up 23.70 percent in One Week What You Should Know | 12/04/2025 |
3 | Next Gen Diagnostics Launches NGD Infection Prevention to Provide Real-Time Transmission Detection | 12/23/2025 |
4 | New Gold Trading Down 6.6 percent Heres Why | 01/09/2026 |
5 | New Gold Touches 13-Year High on Golds Jump | 01/13/2026 |
6 | Wall Street Analysts See New Gold as a Buy Should You Invest | 01/14/2026 |
7 | NEW GOLD ACHIEVES 2025 PRODUCTION GUIDANCE | 01/16/2026 |
8 | New Gold Surges as Shareholders Back Coeur Mining Acquisition - StocksToTrade | 01/22/2026 |
9 | New Gold Is Up 16.18 percent in One Week What You Should Know | 01/28/2026 |
10 | New Gold Raised to Strong-Buy at Zacks Research | 01/29/2026 |
11 | Gold Crash Time to Start Buying Mining Stocks | 02/03/2026 |
About New Gold Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including New or other stocks. Alpha measures the amount that position in New Gold has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 | 2025 | 2026 (projected) | Days Sales Outstanding | 7.94 | 8.53 | 9.81 | 9.32 | PTB Ratio | 1.27 | 1.77 | 2.04 | 1.94 |
New Gold Upcoming Company Events
As portrayed in its financial statements, the presentation of New Gold's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, New Gold's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of New Gold's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of New Gold. Please utilize our Beneish M Score to check the likelihood of New Gold's management manipulating its earnings.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with New Gold
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out New Gold Analysis, New Gold Valuation, New Gold Correlation, New Gold Hype Analysis, New Gold Volatility, New Gold Price History and analyze New Gold Performance. For information on how to trade New Stock refer to our How to Trade New Stock guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
New Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.