New Hope Stock Price on July 5, 2024
| NHPEF Stock | USD 3.12 0.01 0.32% |
If you're considering investing in New Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of New HopeLtd stands at 3.12, as last reported on the 29th of November, with the highest price reaching 3.12 and the lowest price hitting 3.12 during the day. New HopeLtd appears to be very risky, given 3 months investment horizon. New HopeLtd has Sharpe Ratio of 0.0611, which conveys that the firm had a 0.0611% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for New HopeLtd, which you can use to evaluate the volatility of the firm. Please exercise New HopeLtd's Risk Adjusted Performance of 0.0301, downside deviation of 6.76, and Mean Deviation of 3.55 to check out if our risk estimates are consistent with your expectations.
New Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.0611
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Estimated Market Risk
| 5.54 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average New HopeLtd is performing at about 4% 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 New HopeLtd by adding it to a well-diversified portfolio.
New HopeLtd Valuation on July 5, 2024
It is possible to determine the worth of New HopeLtd on a given historical date. On July 5, 2024 New was worth 3.56 at the beginning of the trading date compared to the closed value of 3.56. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New HopeLtd pink sheet. Still, in general, we apply an absolute valuation method to find New HopeLtd'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 New HopeLtd where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New HopeLtd's related companies.
| Open | High | Low | Close | Volume | |
| 3.15 | 3.20 | 3.15 | 3.20 | 1,300 | |
07/05/2024 | 3.56 | 3.56 | 3.56 | 3.56 | 1.00 |
| 2.82 | 3.10 | 2.82 | 3.03 | 3,870 |
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New HopeLtd Trading Date Momentum on July 5, 2024
| On July 08 2024 New Hope was traded for 3.03 at the closing time. The highest daily price throughout the period was 3.10 and the lowest price was 2.82 . The daily volume was 3.9 K. The net trading volume on 07/08/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 14.89% . The trading delta at closing time to current closing price is 6.46% . |
New HopeLtd Fundamentals Correlations and Trends
By evaluating New HopeLtd'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 New HopeLtd's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New HopeLtd Pink Sheet history
New HopeLtd 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 New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New HopeLtd 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 New HopeLtd stock prices may prove useful in developing a viable investing in New HopeLtd
New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. New Hope Corporation Limited was founded in 1952 and is headquartered in Brisbane, Australia. New Hope operates under Thermal Coal classification in the United States and is traded on OTC Exchange.
New HopeLtd Pink Sheet Technical Analysis
New HopeLtd 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
New HopeLtd Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
New Hope 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.
New HopeLtd November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how New HopeLtd 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 New HopeLtd shares will generate the highest return on investment. By undertsting and applying New HopeLtd pink sheet market strength indicators, traders can identify New Hope entry and exit signals to maximize returns
New HopeLtd Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New HopeLtd's price direction in advance. Along with the technical and fundamental analysis of New Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of New 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 | 0.0301 | |||
| Jensen Alpha | 0.0632 | |||
| Total Risk Alpha | (0.69) | |||
| Sortino Ratio | 0.0045 | |||
| Treynor Ratio | 0.2037 |
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| Math Transform | ||
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| Volume Indicators |
Complementary Tools for New Pink Sheet analysis
When running New HopeLtd's price analysis, check to measure New HopeLtd'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 New HopeLtd is operating at the current time. Most of New HopeLtd's value examination focuses on studying past and present price action to predict the probability of New HopeLtd's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New HopeLtd's price. Additionally, you may evaluate how the addition of New HopeLtd to your portfolios can decrease your overall portfolio volatility.
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