Newhydrogen Stock Price on October 23, 2024
NEWH Stock | USD 0 0.0001 2.86% |
If you're considering investing in Newhydrogen Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Newhydrogen stands at 0, as last reported on the 27th of November, with the highest price reaching 0 and the lowest price hitting 0 during the day. Newhydrogen has Sharpe Ratio of -0.0115, which conveys that the firm had a -0.0115% return per unit of risk over the last 3 months. Newhydrogen exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newhydrogen's Standard Deviation of 8.38, risk adjusted performance of 0.0022, and Mean Deviation of 5.61 to check out the risk estimate we provide.
Newhydrogen Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Newhydrogen |
Sharpe Ratio = -0.0115
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Estimated Market Risk
8.37 actual daily | 74 74% of assets are less volatile |
Expected Return
-0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newhydrogen 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 Newhydrogen by adding Newhydrogen to a well-diversified portfolio.
Newhydrogen Valuation on October 23, 2024
It is possible to determine the worth of Newhydrogen on a given historical date. On October 23, 2024 Newhydrogen was worth 0.0047 at the beginning of the trading date compared to the closed value of 0.0047. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newhydrogen pink sheet. Still, in general, we apply an absolute valuation method to find Newhydrogen'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 Newhydrogen where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newhydrogen's related companies.
Open | High | Low | Close | Volume | |
0 | 0 | 0 | 0 | 300,403 | |
10/23/2024 | 0 | 0 | 0 | 0 | 664,316 |
0 | 0 | 0 | 0 | 428,021 |
Backtest Newhydrogen | | | Newhydrogen History | | | Newhydrogen Valuation | Previous | Next |
Newhydrogen Trading Date Momentum on October 23, 2024
On October 24 2024 Newhydrogen was traded for 0 at the closing time. The top price for the day was 0 and the lowest listed price was 0 . The trading volume for the day was 428 K. The trading history from October 24, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 2.13% . The trading delta at closing time against the current closing price is 23.40% . |
Newhydrogen Fundamentals Correlations and Trends
By evaluating Newhydrogen'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 Newhydrogen's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newhydrogen financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newhydrogen Pink Sheet history
Newhydrogen 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 Newhydrogen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newhydrogen 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 Newhydrogen stock prices may prove useful in developing a viable investing in Newhydrogen
NewHydrogen, Inc. engages in developing clean energy technologies. NewHydrogen, Inc. was incorporated in 2006 and is based in Santa Clarita, California. Newhydrogen operates under Solar classification in the United States and is traded on OTC Exchange. It employs 2 people.
Newhydrogen Pink Sheet Technical Analysis
Newhydrogen 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
Newhydrogen Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Newhydrogen 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.
Newhydrogen November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Newhydrogen 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 Newhydrogen shares will generate the highest return on investment. By undertsting and applying Newhydrogen pink sheet market strength indicators, traders can identify Newhydrogen entry and exit signals to maximize returns
Newhydrogen Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newhydrogen's price direction in advance. Along with the technical and fundamental analysis of Newhydrogen Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newhydrogen 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 | 0.0022 | |||
Jensen Alpha | (0.08) | |||
Total Risk Alpha | (1.39) | |||
Treynor Ratio | 2.77 |
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Complementary Tools for Newhydrogen Pink Sheet analysis
When running Newhydrogen's price analysis, check to measure Newhydrogen'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 Newhydrogen is operating at the current time. Most of Newhydrogen's value examination focuses on studying past and present price action to predict the probability of Newhydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newhydrogen's price. Additionally, you may evaluate how the addition of Newhydrogen to your portfolios can decrease your overall portfolio volatility.
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