Newtek Business Services Stock Price on November 27, 2024
| NEWT Stock | USD 14.50 0.10 0.69% |
Below is the normalized historical share price chart for Newtek Business Services 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 Newtek Business stands at 14.50, as last reported on the 30th of November, with the highest price reaching 14.60 and the lowest price hitting 14.45 during the day.
If you're considering investing in Newtek Stock, it is important to understand the factors that can impact its price. Newtek Business appears to be not too volatile, given 3 months investment horizon. Newtek Business Services has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Newtek Business, which you can use to evaluate the volatility of the firm. Please exercise Newtek Business' Risk Adjusted Performance of 0.0931, mean deviation of 1.85, and Downside Deviation of 2.01 to check out if our risk estimates are consistent with your expectations.
At this time, Newtek Business' Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 1.5 B in 2024, whereas Common Stock is likely to drop slightly above 432.4 K in 2024. . At this time, Newtek Business' Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 2.09 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (3.95) in 2024. Newtek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 27th of September 2000 | 200 Day MA 12.5101 | 50 Day MA 13.3038 | Beta 1.358 |
Newtek |
Sharpe Ratio = 0.1217
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Estimated Market Risk
| 2.69 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.33 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Newtek Business is performing at about 9% 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 Newtek Business by adding it to a well-diversified portfolio.
Price Book 1.4455 | Enterprise Value Ebitda 6.6829 | Price Sales 1.2055 | Shares Float 24.7 M | Dividend Share 0.75 |
Related Headline
Financial Institutions Headline on 27th of November 2024
Disposition of 1000 shares by Whiting Reid A of Financial In... by Whiting Reid A
Filed transaction by Financial Institutions Officer: Chief Banking Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Newtek Business Valuation on November 27, 2024
It is possible to determine the worth of Newtek Business on a given historical date. On November 27, 2024 Newtek was worth 14.51 at the beginning of the trading date compared to the closed value of 14.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newtek Business stock. Still, in general, we apply an absolute valuation method to find Newtek Business' 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 Newtek Business where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newtek Business' related companies.
| Open | High | Low | Close | Volume | |
| 14.75 | 14.80 | 14.33 | 14.37 | 92,828 | |
11/27/2024 | 14.51 | 14.73 | 14.39 | 14.40 | 93,337 |
| 14.59 | 14.60 | 14.45 | 14.50 | 71,603 |
| Backtest Newtek Business | | | Newtek Business History | | | Newtek Business Valuation | Previous | Next |
Newtek Business Trading Date Momentum on November 27, 2024
| On November 29 2024 Newtek Business Services was traded for 14.50 at the closing time. The top price for the day was 14.60 and the lowest listed price was 14.45 . The trading volume for the day was 71.6 K. The trading history from November 29, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.69% . The trading delta at closing time against the current closing price is 1.32% . |
Newtek Business Services Fundamentals Correlations and Trends
By evaluating Newtek Business' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Newtek Business' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newtek financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newtek Business Stock history
Newtek Business 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 Newtek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newtek Business Services 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 Newtek Business stock prices may prove useful in developing a viable investing in Newtek Business
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 24.3 M | 25.6 M | |
| Net Income Applicable To Common Shares | 37.2 M | 23.5 M |
Newtek Business Stock Technical Analysis
Newtek Business 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
Newtek Business Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Newtek Business Services cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Newtek Business November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Newtek Business stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newtek Business shares will generate the highest return on investment. By undertsting and applying Newtek Business stock market strength indicators, traders can identify Newtek Business Services entry and exit signals to maximize returns
Newtek Business Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newtek Business' price direction in advance. Along with the technical and fundamental analysis of Newtek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newtek 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 | 0.0931 | |||
| Jensen Alpha | 0.0123 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.08 | |||
| Treynor Ratio | 0.1333 |
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Additional Tools for Newtek Stock Analysis
When running Newtek Business' price analysis, check to measure Newtek Business' 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 Newtek Business is operating at the current time. Most of Newtek Business' value examination focuses on studying past and present price action to predict the probability of Newtek Business' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtek Business' price. Additionally, you may evaluate how the addition of Newtek Business to your portfolios can decrease your overall portfolio volatility.