Newcap Holding (Denmark) Price on January 18, 2024
| NEWCAP Stock | DKK 0.1 0.01 7.14% |
If you're considering investing in Newcap Stock, it is important to understand the factors that can impact its price. As of today, the current price of Newcap Holding stands at 0.1, as last reported on the 27th of November, with the highest price reaching 0.1 and the lowest price hitting 0.09 during the day. Newcap Holding is out of control given 3 months investment horizon. Newcap Holding AS has Sharpe Ratio of 0.05, which conveys that the firm had a 0.05% return per unit of risk over the last 3 months. We are able to interpolate and break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.24% are justified by taking the suggested risk. Use Newcap Holding AS Downside Deviation of 20.16, mean deviation of 7.11, and Risk Adjusted Performance of 0.0467 to evaluate company specific risk that cannot be diversified away.
Newcap Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Newcap |
Sharpe Ratio = 0.05
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 24.89 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.24 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Newcap Holding is performing at about 3% 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 Newcap Holding by adding it to a well-diversified portfolio.
Newcap Holding Valuation on January 18, 2024
It is possible to determine the worth of Newcap Holding on a given historical date. On January 18, 2024 Newcap was worth 0.18 at the beginning of the trading date compared to the closed value of 0.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newcap Holding stock. Still, in general, we apply an absolute valuation method to find Newcap Holding'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 Newcap Holding where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newcap Holding's related companies.
| Open | High | Low | Close | Volume | |
| 0.18 | 0.18 | 0.18 | 0.18 | 595.00 | |
01/18/2024 | 0.18 | 0.18 | 0.18 | 0.18 | 1.00 |
| 0.18 | 0.18 | 0.18 | 0.18 | 1.00 |
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Newcap Holding Trading Date Momentum on January 18, 2024
| On January 19 2024 Newcap Holding AS was traded for 0.18 at the closing time. The highest price during the trading period was 0.18 and the lowest recorded bid was listed for 0.18 . There was no trading activity during the period 1.0. Lack of trading volume on January 19, 2024 did not cause price change. The trading delta at closing time to the current price is 5.56% . |
Newcap Holding AS Fundamentals Correlations and Trends
By evaluating Newcap Holding'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 Newcap Holding's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newcap financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newcap Holding Stock history
Newcap Holding 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 Newcap is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newcap Holding AS 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 Newcap Holding stock prices may prove useful in developing a viable investing in Newcap Holding
NewCap Holding AS provides advice on savings and insurance intermediation, and asset management to individuals and companies in Sweden. NewCap Holding AS was founded in 1989 and is based in Copenhagen, Denmark. Newcap Holding operates under Financial Services classification in Denmark and is traded on Copenhagen Stock Exchange.
Newcap Holding Stock Technical Analysis
Newcap Holding 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
Newcap Holding Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Newcap Holding AS cannot be verified against its exchange. Please verify the symbol is currently traded on Copenhagen 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.
Newcap Holding November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Newcap Holding stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newcap Holding shares will generate the highest return on investment. By undertsting and applying Newcap Holding stock market strength indicators, traders can identify Newcap Holding AS entry and exit signals to maximize returns
Newcap Holding Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newcap Holding's price direction in advance. Along with the technical and fundamental analysis of Newcap Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newcap 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 | 0.0467 | |||
| Jensen Alpha | 0.7784 | |||
| Total Risk Alpha | (2.63) | |||
| Sortino Ratio | 0.0525 | |||
| Treynor Ratio | 0.3502 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Newcap Stock analysis
When running Newcap Holding's price analysis, check to measure Newcap Holding'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 Newcap Holding is operating at the current time. Most of Newcap Holding's value examination focuses on studying past and present price action to predict the probability of Newcap Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newcap Holding's price. Additionally, you may evaluate how the addition of Newcap Holding to your portfolios can decrease your overall portfolio volatility.
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