New Energy Metals Stock Price on December 3, 2024
| NRGYF Stock | 0.19 0.12 38.71% |
If you're considering investing in New OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of New Energy stands at 0.19, as last reported on the 11th of December 2024, with the highest price reaching 0.19 and the lowest price hitting 0.19 during the day. New Energy Metals 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 analyzed and interpolated nineteen different technical indicators, which can help you to evaluate if expected returns of 3.01% are justified by taking the suggested risk. Use New Energy Metals Risk Adjusted Performance of 0.0919, standard deviation of 25.22, and Mean Deviation of 6.74 to evaluate company specific risk that cannot be diversified away.
New OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.1164
| Best Portfolio | Best Equity | |||
| Good Returns | NRGYF | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 25.82 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.01 actual daily | 60 60% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average New Energy 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 New Energy by adding it to a well-diversified portfolio.
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New Energy Valuation on December 3, 2024
It is possible to determine the worth of New Energy on a given historical date. On December 3, 2024 New was worth 0.31 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Energy otc stock. Still, in general, we apply an absolute valuation method to find New Energy'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 Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Energy's related companies.
| Open | High | Low | Close | Volume | |
| 0.31 | 0.31 | 0.31 | 0.31 | 1.00 | |
12/03/2024 | 0.31 | 0.31 | 0.31 | 0.31 | 1.00 |
| 0.31 | 0.31 | 0.31 | 0.31 | 1.00 |
| Backtest New Energy | | | New Energy History | Previous | Next |
New Energy Trading Date Momentum on December 3, 2024
| On December 04 2024 New Energy Metals was traded for 0.31 at the closing time. The highest daily price throughout the period was 0.31 and the lowest price was 0.31 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 did not cause price change. The trading delta at closing time to current closing price is 38.71% . |
Price Boundaries
New Energy Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
New Energy Metals cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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 Energy December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how New Energy 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 New Energy shares will generate the highest return on investment. By undertsting and applying New Energy otc stock market strength indicators, traders can identify New Energy Metals entry and exit signals to maximize returns
New Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Energy's price direction in advance. Along with the technical and fundamental analysis of New OTC Stock 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 | 0.0919 | |||
| Jensen Alpha | 2.3 | |||
| Total Risk Alpha | (1.14) | |||
| Treynor Ratio | 0.585 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for New OTC Stock analysis
When running New Energy's price analysis, check to measure New Energy'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 Energy is operating at the current time. Most of New Energy's value examination focuses on studying past and present price action to predict the probability of New Energy'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 Energy's price. Additionally, you may evaluate how the addition of New Energy to your portfolios can decrease your overall portfolio volatility.
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