Nouveau Monde Graphite Stock Price on December 23, 2024
| NMG Stock | USD 2.26 0.10 4.63% |
If you're considering investing in Nouveau Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nouveau Monde stands at 2.26, as last reported on the 18th of January 2025, with the highest price reaching 2.37 and the lowest price hitting 2.09 during the day. Nouveau Monde appears to be very risky, given 3 months investment horizon. Nouveau Monde Graphite has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Nouveau Monde's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please exercise Nouveau Monde's Mean Deviation of 3.79, risk adjusted performance of 0.1192, and Downside Deviation of 3.97 to check out if our risk estimates are consistent with your expectations.
Nouveau Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nouveau |
Sharpe Ratio = 0.1324
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Estimated Market Risk
| 5.53 actual daily | 49 51% of assets are more volatile |
Expected Return
| 0.73 actual daily | 14 86% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Nouveau Monde is performing at about 10% 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 Nouveau Monde by adding it to a well-diversified portfolio.
Nouveau Monde Valuation on December 23, 2024
It is possible to determine the worth of Nouveau Monde on a given historical date. On December 23, 2024 Nouveau was worth 1.4 at the beginning of the trading date compared to the closed value of 1.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nouveau Monde stock. Still, in general, we apply an absolute valuation method to find Nouveau Monde'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 Nouveau Monde where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nouveau Monde's related companies.
| Open | High | Low | Close | Volume | |
| 1.60 | 1.65 | 1.42 | 1.43 | 124,228 | |
12/23/2024 | 1.40 | 1.55 | 1.40 | 1.54 | 63,634 |
| 1.51 | 1.60 | 1.50 | 1.57 | 63,838 |
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Nouveau Monde Trading Date Momentum on December 23, 2024
| On December 24 2024 Nouveau Monde Graphite was traded for 1.57 at the closing time. Highest Nouveau Monde's price during the trading hours was 1.60 and the lowest price during the day was 1.50 . The net volume was 63.8 K. The overall trading history on the 24th of December contributed to the next trading period price rise. The trading delta at closing time to the next next day price was 1.95% . The trading delta at closing time to current price is 3.90% . |
Nouveau Monde Graphite Fundamentals Correlations and Trends
By evaluating Nouveau Monde'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 Nouveau Monde's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nouveau financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nouveau Monde Stock history
Nouveau Monde 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 Nouveau is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nouveau Monde Graphite 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 Nouveau Monde stock prices may prove useful in developing a viable investing in Nouveau Monde
Nouveau Monde Graphite Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Canada. Nouveau Monde Graphite Inc. was founded in 2011 and is headquartered in Saint-Michel-des-Saints, Canada. Nouveau Monde is traded on New York Stock Exchange in the United States.
Nouveau Monde Stock Technical Analysis
Nouveau Monde 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
Nouveau Monde Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
Nouveau Monde Graphite cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.
Nouveau Monde January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Nouveau Monde stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nouveau Monde shares will generate the highest return on investment. By undertsting and applying Nouveau Monde stock market strength indicators, traders can identify Nouveau Monde Graphite entry and exit signals to maximize returns
Nouveau Monde Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nouveau Monde's price direction in advance. Along with the technical and fundamental analysis of Nouveau Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nouveau 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 | 0.1192 | |||
| Jensen Alpha | 0.715 | |||
| Total Risk Alpha | 0.592 | |||
| Sortino Ratio | 0.1772 | |||
| Treynor Ratio | 1.95 |
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Complementary Tools for Nouveau Stock analysis
When running Nouveau Monde's price analysis, check to measure Nouveau Monde'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 Nouveau Monde is operating at the current time. Most of Nouveau Monde's value examination focuses on studying past and present price action to predict the probability of Nouveau Monde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nouveau Monde's price. Additionally, you may evaluate how the addition of Nouveau Monde to your portfolios can decrease your overall portfolio volatility.
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