New Residential (Germany) Price on May 10, 2023
| 14N1 Stock | EUR 10.58 0.06 0.56% |
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. As of today, the current price of New Residential stands at 10.58, as last reported on the 30th of November, with the highest price reaching 10.66 and the lowest price hitting 10.51 during the day. At this point, New Residential is very steady. New Residential Inve has Sharpe Ratio of 0.0322, which conveys that the firm had a 0.0322% return per unit of risk over the last 3 months. We have found thirty technical indicators for New Residential, which you can use to evaluate the volatility of the firm. Please verify New Residential's Mean Deviation of 0.764, risk adjusted performance of 0.0192, and Downside Deviation of 1.18 to check out if the risk estimate we provide is consistent with the expected return of 0.0353%.
New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.0322
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| Negative Returns | 14N1 |
Estimated Market Risk
| 1.1 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average New Residential is performing at about 2% of its full potential. 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 it to a well-diversified portfolio.
New Residential Valuation on May 10, 2023
It is possible to determine the worth of New Residential on a given historical date. On May 10, 2023 New was worth 6.14 at the beginning of the trading date compared to the closed value of 6.12. 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 | |
| 6.09 | 6.20 | 6.09 | 6.16 | 1.00 | |
05/10/2023 | 6.14 | 6.18 | 6.06 | 6.12 | 1.00 |
| 6.07 | 6.16 | 6.07 | 6.15 | 1.00 |
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New Residential Trading Date Momentum on May 10, 2023
| On May 11 2023 New Residential Investment was traded for 6.15 at the closing time. The maximum traded price for the trading interval was 6.16 and the lowest daily price was 6.07 . There was no trading activity during the period 1.0. Lack of trading volume on 11th of May 2023 played a part in the next trading day price rise. The daily price change to the next closing price was 0.49% . The trading delta at closing time to the closing price today is 4.58% . |
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
New Residential Investment Corp., a real estate investment trust, focuses on investing in and managing residential mortgage related assets in the United States. The company was founded in 2011 and is based in New York, New York. New Residential operates under REIT - Residential classification in Germany and traded on Frankfurt Stock Exchange.
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 30, 2024
| High |
0.00 | 0.00 |
New Residential Investment cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 30, 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 | 0.0192 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0463 |
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Complementary 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.
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