Newcore Gold Stock Price on September 30, 2024
| NCAU Stock | CAD 0.31 0.02 6.06% |
Below is the normalized historical share price chart for Newcore Gold extending back to July 16, 2010. 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 Newcore Gold stands at 0.31, as last reported on the 25th of November, with the highest price reaching 0.32 and the lowest price hitting 0.31 during the day.
If you're considering investing in Newcore Stock, it is important to understand the factors that can impact its price. At this stage we consider Newcore Stock to be out of control. Newcore Gold has Sharpe Ratio of 0.0048, which conveys that the firm had a 0.0048% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Newcore Gold, which you can use to evaluate the volatility of the firm. Please verify Newcore Gold's Downside Deviation of 4.0, risk adjusted performance of 0.0214, and Mean Deviation of 2.67 to check out if the risk estimate we provide is consistent with the expected return of 0.0177%.
At this time, Newcore Gold's Common Stock is fairly stable compared to the past year. Issuance Of Capital Stock is likely to climb to about 6.3 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 29.7 M in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.41 in 2024, whereas Price Earnings Ratio is likely to drop (9.43) in 2024. Newcore Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.2861 | 50 Day MA 0.3396 | Beta 1.229 |
Newcore |
Sharpe Ratio = 0.0048
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| Negative Returns | NCAU |
Estimated Market Risk
| 3.66 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.02 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 Newcore Gold 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 Newcore Gold by adding Newcore Gold to a well-diversified portfolio.
Price Book 1.3596 | Book Value 0.267 | Enterprise Value 63.1 M | Enterprise Value Ebitda (10.59) | Shares Float 158.9 M |
Newcore Gold Valuation on September 30, 2024
It is possible to determine the worth of Newcore Gold on a given historical date. On September 30, 2024 Newcore was worth 0.32 at the beginning of the trading date compared to the closed value of 0.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newcore Gold stock. Still, in general, we apply an absolute valuation method to find Newcore Gold'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 Newcore Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newcore Gold's related companies.
| Open | High | Low | Close | Volume | |
| 0.34 | 0.34 | 0.33 | 0.33 | 383,496 | |
09/30/2024 | 0.32 | 0.33 | 0.31 | 0.32 | 132,233 |
| 0.32 | 0.33 | 0.32 | 0.33 | 78,000 |
| Backtest Newcore Gold | | | Newcore Gold History | | | Newcore Gold Valuation | Previous | Next |
Newcore Gold Trading Date Momentum on September 30, 2024
| On October 01 2024 Newcore Gold was traded for 0.33 at the closing time. The maximum traded price for the trading interval was 0.33 and the lowest daily price was 0.32 . The daily volume was recorded at 78 K. The volume of trading on 1st of October 2024 played a part in the next trading day price increase. The trading delta at closing time to the next closing price was 3.13% . The trading delta at closing time to the closing price today is 3.13% . |
Newcore Gold Fundamentals Correlations and Trends
By evaluating Newcore Gold'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 Newcore Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newcore financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newcore Gold Stock history
Newcore Gold 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 Newcore is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newcore Gold 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 Newcore Gold stock prices may prove useful in developing a viable investing in Newcore Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 172.8 M | 112.9 M | |
| Net Loss | -3.6 M | -3.4 M |
Newcore Gold Quarterly Net Working Capital |
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Newcore Gold Stock Technical Analysis
Newcore 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.
Price Boundaries
Newcore Gold Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Newcore Gold cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Newcore Gold November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Newcore 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 Newcore Gold shares will generate the highest return on investment. By undertsting and applying Newcore Gold stock market strength indicators, traders can identify Newcore Gold entry and exit signals to maximize returns
Newcore Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newcore Gold's price direction in advance. Along with the technical and fundamental analysis of Newcore Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newcore 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 | 0.0214 | |||
| Jensen Alpha | 0.031 | |||
| Total Risk Alpha | (0.52) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2824 |
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Additional Tools for Newcore Stock Analysis
When running Newcore Gold's price analysis, check to measure Newcore Gold'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 Newcore Gold is operating at the current time. Most of Newcore Gold's value examination focuses on studying past and present price action to predict the probability of Newcore Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newcore Gold's price. Additionally, you may evaluate how the addition of Newcore Gold to your portfolios can decrease your overall portfolio volatility.