New Sources (Netherlands) Price on January 9, 2024
| NSE Stock | EUR 0.02 0.0005 2.86% |
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. As of today, the current price of New Sources stands at 0.02, as last reported on the 11th of December 2024, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day. New Sources appears to be out of control, given 3 months investment horizon. New Sources Energy has Sharpe Ratio of 0.0428, which conveys that the firm had a 0.0428% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for New Sources, which you can use to evaluate the volatility of the firm. Please exercise New Sources' Downside Deviation of 6.6, risk adjusted performance of 0.0591, and Mean Deviation of 3.5 to check out if our risk estimates are consistent with your expectations.
New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.0428
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Estimated Market Risk
| 5.07 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average New Sources is performing at about 3% 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 Sources by adding it to a well-diversified portfolio.
New Sources Valuation on January 9, 2024
It is possible to determine the worth of New Sources on a given historical date. On January 9, 2024 New was worth 0.043 at the beginning of the trading date compared to the closed value of 0.043. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Sources stock. Still, in general, we apply an absolute valuation method to find New Sources' 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 Sources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Sources' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 102,879 | |
01/09/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 82,300 |
| 0.04 | 0.04 | 0.04 | 0.04 | 152,397 |
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New Sources Trading Date Momentum on January 9, 2024
| On January 10 2024 New Sources Energy was traded for 0.04 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.04 . The daily volume was recorded at 152.4 K. The volume of trading on 10th of January 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.33% . The trading delta at closing time to the closing price today is 6.98% . |
New Sources Energy Fundamentals Correlations and Trends
By evaluating New Sources' 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 Sources' 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 Sources Stock history
New Sources 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 Sources Energy 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 Sources stock prices may prove useful in developing a viable investing in New Sources
New Sources Energy NV develops, exploits, and invests in projects that generate electricity using renewable energy sources. New Sources Energy NV is based in Amersfoort, the Netherlands. NEW SOURCES is traded on Amsterdam Stock Exchange in Netherlands.
New Sources Stock Technical Analysis
New Sources 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
New Sources Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
New Sources Energy cannot be verified against its exchange. Please verify the symbol is currently traded on Euronext Amsterdam. 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 Sources December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how New Sources 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 Sources shares will generate the highest return on investment. By undertsting and applying New Sources stock market strength indicators, traders can identify New Sources Energy entry and exit signals to maximize returns
New Sources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Sources' price direction in advance. Along with the technical and fundamental analysis of New 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 | 0.0591 | |||
| Jensen Alpha | 0.39 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | 0.0369 | |||
| Treynor Ratio | (1.27) |
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Additional Tools for New Stock Analysis
When running New Sources' price analysis, check to measure New Sources' 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 Sources is operating at the current time. Most of New Sources' value examination focuses on studying past and present price action to predict the probability of New Sources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Sources' price. Additionally, you may evaluate how the addition of New Sources to your portfolios can decrease your overall portfolio volatility.