New Residential (UK) Price on September 6, 2024
| 0K76 Stock | 11.22 0.11 0.99% |
Below is the normalized historical share price chart for New Residential Investment extending back to March 01, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of New Residential stands at 11.22, as last reported on the 27th of November, with the highest price reaching 11.28 and the lowest price hitting 11.16 during the day.
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. New Residential Inve has Sharpe Ratio of -0.0526, which conveys that the firm had a -0.0526% return per unit of risk over the last 3 months. New Residential exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Residential's Standard Deviation of 1.21, risk adjusted performance of (0.01), and Mean Deviation of 0.8789 to check out the risk estimate we provide.
At this time, New Residential's Total Stockholder Equity is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 6.4 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 261.7 M in 2024. . New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 9.9843 | 50 Day MA 10.6648 | Beta 1.788 |
New |
Sharpe Ratio = -0.0526
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| Negative Returns | 0K76 |
Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New Residential is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of New Residential by adding New Residential to a well-diversified portfolio.
Book Value 12.313 | Enterprise Value 35.6 B | Price Sales 1.5405 | Shares Float 517.1 M | Shares Outstanding 340.4 M |
New Residential Valuation on September 6, 2024
It is possible to determine the worth of New Residential on a given historical date. On September 6, 2024 New was worth 11.35 at the beginning of the trading date compared to the closed value of 11.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Residential stock. Still, in general, we apply an absolute valuation method to find New Residential's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of New Residential where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Residential's related companies.
| Open | High | Low | Close | Volume | |
| 11.36 | 11.38 | 11.26 | 11.28 | 2,578 | |
09/06/2024 | 11.35 | 11.42 | 11.28 | 11.31 | 508.00 |
| 11.29 | 11.43 | 11.25 | 11.30 | 1,592 |
| Backtest New Residential | | | New Residential History | | | New Residential Valuation | Previous | Next |
New Residential Trading Date Momentum on September 6, 2024
| On September 09 2024 New Residential Investment was traded for 11.30 at the closing time. The highest price during the trading period was 11.43 and the lowest recorded bid was listed for 11.25 . The volume for the day was 1.6 K. This history from September 9, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.09% . The trading delta at closing time to the current price is 2.39% . |
New Residential Inve Fundamentals Correlations and Trends
By evaluating New Residential's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among New Residential's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New Residential Stock history
New Residential investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Residential Inve will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing New Residential stock prices may prove useful in developing a viable investing in New Residential
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 483.7 M | 261.7 M | |
| Net Income Applicable To Common Shares | 778.3 M | 817.2 M |
New Residential Stock Technical Analysis
New Residential 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.
Price Boundaries
New Residential Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
New Residential Investment cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
New Residential November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how New Residential 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 Residential shares will generate the highest return on investment. By undertsting and applying New Residential stock market strength indicators, traders can identify New Residential Investment entry and exit signals to maximize returns
New Residential Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Residential's price direction in advance. Along with the technical and fundamental analysis of New Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | (0.07) |
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Additional Tools for New Stock Analysis
When running New Residential's price analysis, check to measure New Residential'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 New Residential is operating at the current time. Most of New Residential's value examination focuses on studying past and present price action to predict the probability of New Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Residential's price. Additionally, you may evaluate how the addition of New Residential to your portfolios can decrease your overall portfolio volatility.