Newmarket Stock Price on April 4, 2024
| NEU Stock | USD 541.05 1.14 0.21% |
Below is the normalized historical share price chart for NewMarket 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 NewMarket stands at 541.05, as last reported on the 4th of December, with the highest price reaching 542.49 and the lowest price hitting 531.59 during the day.
If you're considering investing in NewMarket Stock, it is important to understand the factors that can impact its price. Currently, NewMarket is very steady. NewMarket has Sharpe Ratio of 0.0137, which conveys that the firm had a 0.0137% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for NewMarket, which you can use to evaluate the volatility of the firm. Please verify NewMarket's Mean Deviation of 1.1, standard deviation of 1.71, and Risk Adjusted Performance of (0.02) to check out if the risk estimate we provide is consistent with the expected return of 0.0229%.
At this time, NewMarket's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 14 M in 2024, whereas Common Stock is likely to drop slightly above 1.8 M in 2024. . At this time, NewMarket's Price To Sales Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 9.37 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.19 in 2024. NewMarket Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of August 1985 | 200 Day MA 558.9276 | 50 Day MA 538.2082 | Beta 0.512 |
NewMarket |
Sharpe Ratio = 0.0137
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEU |
Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 1 99% of assets perform better |
Based on monthly moving average NewMarket is performing at about 1% 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 NewMarket by adding it to a well-diversified portfolio.
Price Book 3.7982 | Enterprise Value Ebitda 8.7852 | Price Sales 1.8672 | Shares Float 7.8 M | Dividend Share 9.75 |
NewMarket Valuation on April 4, 2024
It is possible to determine the worth of NewMarket on a given historical date. On April 4, 2024 NewMarket was worth 620.76 at the beginning of the trading date compared to the closed value of 611.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NewMarket stock. Still, in general, we apply an absolute valuation method to find NewMarket'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 NewMarket where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NewMarket's related companies.
| Open | High | Low | Close | Volume | |
| 620.08 | 626.81 | 617.64 | 618.86 | 37,949 | |
04/04/2024 | 620.76 | 621.19 | 610.51 | 611.33 | 32,583 |
| 612.31 | 615.23 | 607.83 | 612.61 | 41,081 |
| Backtest NewMarket | | | NewMarket History | | | NewMarket Valuation | Previous | Next |
NewMarket Trading Date Momentum on April 4, 2024
| On April 05 2024 NewMarket was traded for 612.61 at the closing time. Highest NewMarket's price during the trading hours was 615.23 and the lowest price during the day was 607.83 . The net volume was 41.1 K. The overall trading history on the 5th of April contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.21% . The trading delta at closing time to current price is 3.42% . |
NewMarket Fundamentals Correlations and Trends
By evaluating NewMarket'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 NewMarket's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NewMarket financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NewMarket Stock history
NewMarket 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 NewMarket is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NewMarket 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 NewMarket stock prices may prove useful in developing a viable investing in NewMarket
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.6 M | 14 M | |
| Net Income Applicable To Common Shares | 321.5 M | 178.1 M |
NewMarket Quarterly Net Working Capital |
|
NewMarket Stock Technical Analysis
NewMarket 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
NewMarket Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
NewMarket cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
NewMarket December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how NewMarket stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NewMarket shares will generate the highest return on investment. By undertsting and applying NewMarket stock market strength indicators, traders can identify NewMarket entry and exit signals to maximize returns
NewMarket Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NewMarket's price direction in advance. Along with the technical and fundamental analysis of NewMarket Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NewMarket 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 | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.06) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for NewMarket Stock Analysis
When running NewMarket's price analysis, check to measure NewMarket'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 NewMarket is operating at the current time. Most of NewMarket's value examination focuses on studying past and present price action to predict the probability of NewMarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMarket's price. Additionally, you may evaluate how the addition of NewMarket to your portfolios can decrease your overall portfolio volatility.