New Asia Holdings Stock Price on December 2, 2024
| NAHD Stock | USD 0.03 0.00 0.00% |
If you're considering investing in New Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of New Asia stands at 0.03, as last reported on the 3rd of December, with the highest price reaching 0.03 and the lowest price hitting 0.03 during the day. New Asia Holdings has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% return per unit of risk over the last 3 months. New Asia exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Asia's Standard Deviation of 10.79, mean deviation of 4.96, and Risk Adjusted Performance of (0.15) to check out the risk estimate we provide.
New Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = -0.2072
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| Negative Returns | NAHD |
Estimated Market Risk
| 10.95 actual daily | 96 96% of assets are less volatile |
Expected Return
| -2.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.21 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New Asia 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 Asia by adding New Asia to a well-diversified portfolio.
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New Asia Valuation on December 2, 2024
It is possible to determine the worth of New Asia on a given historical date. On December 2, 2024 New was worth 0.0349 at the beginning of the trading date compared to the closed value of 0.0349. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Asia pink sheet. Still, in general, we apply an absolute valuation method to find New Asia'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 Asia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Asia's related companies.
| Open | High | Low | Close | Volume | |
| 0.10 | 0.10 | 0.03 | 0.03 | 2,666 | |
11/29/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 1.00 |
| 0.03 | 0.03 | 0.03 | 0.03 | 0.00 |
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New Asia Trading Date Momentum on December 2, 2024
| On December 03 2024 New Asia Holdings was traded for 0.03 at the closing time. The top price for the day was 0.03 and the lowest listed price was 0.03 . There was no trading activity during the period 0.0. Lack of trading volume on December 3, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% . |
New Asia Holdings Fundamentals Correlations and Trends
By evaluating New Asia'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 Asia'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 Asia Pink Sheet history
New Asia 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 Asia Holdings 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 Asia stock prices may prove useful in developing a viable investing in New Asia
New Asia Holdings, Inc. develops and provides neural trading models for the financial community. New Asia Holdings, Inc. was incorporated in 2001 and is headquartered in Singapore. New Asia is traded on OTC Exchange in the United States.
New Asia Pink Sheet Technical Analysis
New Asia technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
New Asia Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
New Asia Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Asia December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how New Asia pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Asia shares will generate the highest return on investment. By undertsting and applying New Asia pink sheet market strength indicators, traders can identify New Asia Holdings entry and exit signals to maximize returns
New Asia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Asia's price direction in advance. Along with the technical and fundamental analysis of New Pink Sheet 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 | (0.15) | |||
| Jensen Alpha | (1.90) | |||
| Total Risk Alpha | (3.82) | |||
| Treynor Ratio | 0.8226 |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for New Pink Sheet analysis
When running New Asia's price analysis, check to measure New Asia'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 Asia is operating at the current time. Most of New Asia's value examination focuses on studying past and present price action to predict the probability of New Asia'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 Asia's price. Additionally, you may evaluate how the addition of New Asia to your portfolios can decrease your overall portfolio volatility.
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