Newmarket Stock Price on November 17, 2023

NEU Stock  USD 538.06  3.49  0.64%   
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 538.06, as last reported on the 11th of December 2024, with the highest price reaching 542.04 and the lowest price hitting 534.00 during the day.
IPO Date
6th of August 1985
200 Day MA
557.1183
50 Day MA
536.9858
Beta
0.512
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in NewMarket Stock, it is important to understand the factors that can impact its price. NewMarket has Sharpe Ratio of -0.0208, which conveys that the firm had a -0.0208% return per unit of risk over the last 3 months. NewMarket exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NewMarket's Mean Deviation of 0.9308, risk adjusted performance of (0.05), and Standard Deviation of 1.32 to check out the risk estimate we provide.
  
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.

Sharpe Ratio = -0.0208

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Estimated Market Risk

 1.31
  actual daily
11
89% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average NewMarket 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 NewMarket by adding NewMarket to a well-diversified portfolio.
Price Book
3.8017
Enterprise Value Ebitda
8.7919
Price Sales
1.8689
Shares Float
7.8 M
Dividend Share
9.75

NewMarket Valuation on November 17, 2023

It is possible to determine the worth of NewMarket on a given historical date. On November 17, 2023 NewMarket was worth 504.19 at the beginning of the trading date compared to the closed value of 503.05. 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
  501.27    504.71    494.85    501.56    64,841  
11/17/2023
  504.19    507.36    501.97    503.05    36,841  
  501.29    509.41    499.74    507.58    32,626  
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Open Value
504.19
500.25
Downside
503.05
Closing Value
508.13
Upside

NewMarket Trading Date Momentum on November 17, 2023

On November 20 2023 NewMarket was traded for  507.58  at the closing time. Highest NewMarket's price during the trading hours was 509.41  and the lowest price during the day was  499.74 . The net volume was 32.6 K. The overall trading history on the 20th of November contributed to the next trading period price appreciation. The trading delta at closing time to the next next day price was 0.90% . The trading delta at closing time to current price is 1.98% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding9.6 M14 M
Net Income Applicable To Common Shares321.5 M178.1 M

NewMarket Quarterly Net Working Capital

735.68 Million

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.
A focus of NewMarket technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NewMarket trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

NewMarket Period Price Range

Low
December 11, 2024
0.00  NaN%
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 11, 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.

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.