Newlake Capital Partners Stock Price on November 25, 2024
NLCP Stock | USD 18.90 0.12 0.64% |
If you're considering investing in Newlake OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Newlake Capital stands at 18.90, as last reported on the 25th of November, with the highest price reaching 19.00 and the lowest price hitting 18.75 during the day. Newlake Capital Partners has Sharpe Ratio of -0.0324, which conveys that the firm had a -0.0324% return per unit of risk over the last 3 months. Newlake Capital exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newlake Capital's Mean Deviation of 1.03, risk adjusted performance of (0.03), and Standard Deviation of 1.39 to check out the risk estimate we provide.
Newlake OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Newlake |
Sharpe Ratio = -0.0324
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Estimated Market Risk
1.39 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newlake Capital 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 Newlake Capital by adding Newlake Capital to a well-diversified portfolio.
Newlake Capital Valuation on November 25, 2024
It is possible to determine the worth of Newlake Capital on a given historical date. On November 25, 2024 Newlake was worth 18.77 at the beginning of the trading date compared to the closed value of 18.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newlake Capital otc stock. Still, in general, we apply an absolute valuation method to find Newlake Capital'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 Newlake Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newlake Capital's related companies.
Open | High | Low | Close | Volume | |
18.77 | 19.00 | 18.75 | 18.90 | 34,576 | |
11/25/2024 | 18.77 | 19.00 | 18.75 | 18.90 | 0.00 |
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Newlake Capital Trading Date Momentum on November 25, 2024
On November 25 2024 Newlake Capital Partners was traded for 18.90 at the closing time. The top price for the day was 19.00 and the lowest listed price was 18.75 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.69% . |
Newlake Capital Partners Fundamentals Correlations and Trends
By evaluating Newlake Capital'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 Newlake Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newlake financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newlake Capital OTC Stock history
Newlake Capital 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 Newlake is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newlake Capital Partners 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 Newlake Capital stock prices may prove useful in developing a viable investing in Newlake Capital
NewLake Capital Partners is a leading provider of real estate capital to state-licensed cannabis operators. Its tenants are some of the leading operators in the U.S. state-licensed cannabis industry and it is a trusted partner for their real estate needs. Newlake Capital operates under REITSpecialty classification in the United States and is traded on OTC Exchange. It employs 7 people.
Newlake Capital OTC Stock Technical Analysis
Newlake Capital technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Newlake Capital Period Price Range
Low | November 25, 2024
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0.00 | 0.00 |
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Newlake Capital November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Newlake Capital otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newlake Capital shares will generate the highest return on investment. By undertsting and applying Newlake Capital otc stock market strength indicators, traders can identify Newlake Capital Partners entry and exit signals to maximize returns
Newlake Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newlake Capital's price direction in advance. Along with the technical and fundamental analysis of Newlake OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newlake 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 | (0.03) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.29) | |||
Treynor Ratio | 0.415 |
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Additional Tools for Newlake OTC Stock Analysis
When running Newlake Capital's price analysis, check to measure Newlake Capital'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 Newlake Capital is operating at the current time. Most of Newlake Capital's value examination focuses on studying past and present price action to predict the probability of Newlake Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newlake Capital's price. Additionally, you may evaluate how the addition of Newlake Capital to your portfolios can decrease your overall portfolio volatility.