New Concept Energy Stock Price on November 20, 2024
| GBR Stock | USD 1.19 0.03 2.46% |
Below is the normalized historical share price chart for New Concept Energy extending back to November 05, 1984. 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 Concept stands at 1.19, as last reported on the 29th of November, with the highest price reaching 1.21 and the lowest price hitting 1.18 during the day.
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. Currently, New Concept Energy is dangerous. New Concept Energy has Sharpe Ratio of 0.0011, which conveys that the firm had a 0.0011% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for New Concept, which you can use to evaluate the volatility of the firm. Please verify New Concept's Standard Deviation of 2.92, insignificant risk adjusted performance, and Mean Deviation of 2.0 to check out if the risk estimate we provide is consistent with the expected return of 0.0032%.
At this time, New Concept's Common Stock Shares Outstanding is relatively stable compared to the past year. As of 11/29/2024, Common Stock is likely to grow to about 61.6 K, while Total Stockholder Equity is likely to drop slightly above 4.3 M. . At this time, New Concept's Price Sales Ratio is relatively stable compared to the past year. As of 11/29/2024, Price Fair Value is likely to grow to 1.69, though Price Earnings Ratio is likely to grow to (232.16). New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1993 | 200 Day MA 1.2722 | 50 Day MA 1.1964 | Beta 0.315 |
New |
Sharpe Ratio = 0.0011
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GBR |
Estimated Market Risk
| 2.96 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.0 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New Concept 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 Concept by adding New Concept to a well-diversified portfolio.
Price Book 1.3407 | Enterprise Value Ebitda 28.4394 | Price Sales 42.1172 | Shares Float 4.2 M | Earnings Share (0.03) |
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New Concept Valuation on November 20, 2024
It is possible to determine the worth of New Concept on a given historical date. On November 20, 2024 New was worth 1.19 at the beginning of the trading date compared to the closed value of 1.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Concept stock. Still, in general, we apply an absolute valuation method to find New Concept'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 Concept where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Concept's related companies.
| Open | High | Low | Close | Volume | |
| 1.19 | 1.21 | 1.17 | 1.19 | 3,447 | |
11/20/2024 | 1.19 | 1.20 | 1.16 | 1.18 | 19,175 |
| 1.16 | 1.21 | 1.16 | 1.20 | 3,694 |
| Backtest New Concept | | | New Concept History | | | New Concept Valuation | Previous | Next |
New Concept Trading Date Momentum on November 20, 2024
| On November 21 2024 New Concept Energy was traded for 1.20 at the closing time. Highest New Concept's price during the trading hours was 1.21 and the lowest price during the day was 1.16 . The net volume was 3.7 K. The overall trading history on the 21st of November contributed to the next trading period price gain. The overall trading delta to the next next day price was 1.69% . The trading delta at closing time to current price is 0.00% . |
New Concept Energy Fundamentals Correlations and Trends
By evaluating New Concept'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 Concept'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 Concept Stock history
New Concept 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 Concept Energy 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 Concept stock prices may prove useful in developing a viable investing in New Concept
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.9 M | 6.2 M | |
| Net Income Applicable To Common Shares | 162.9 K | 154.8 K |
New Concept Quarterly Net Working Capital |
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New Concept Stock Technical Analysis
New Concept 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 Concept Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
New Concept Energy cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT 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 Concept November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how New Concept 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 Concept shares will generate the highest return on investment. By undertsting and applying New Concept stock market strength indicators, traders can identify New Concept Energy entry and exit signals to maximize returns
New Concept Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Concept'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) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | 0.2128 |
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Additional Tools for New Stock Analysis
When running New Concept's price analysis, check to measure New Concept'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 Concept is operating at the current time. Most of New Concept's value examination focuses on studying past and present price action to predict the probability of New Concept'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 Concept's price. Additionally, you may evaluate how the addition of New Concept to your portfolios can decrease your overall portfolio volatility.