Nwtn Class B Stock Price on October 11, 2024
| NWTN Stock | 1.20 0.02 1.69% |
Below is the normalized historical share price chart for NWTN Class B extending back to March 20, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of NWTN stands at 1.20, as last reported on the 22nd of November, with the highest price reaching 1.22 and the lowest price hitting 1.14 during the day.
If you're considering investing in NWTN Stock, it is important to understand the factors that can impact its price. NWTN appears to be out of control, given 3 months investment horizon. NWTN Class B has Sharpe Ratio of 0.0783, which conveys that the firm had a 0.0783% return per unit of standard deviation over the last 3 months. By reviewing NWTN's technical indicators, you can evaluate if the expected return of 0.92% is justified by implied risk. Please exercise NWTN's Market Risk Adjusted Performance of (0.32), mean deviation of 6.6, and Risk Adjusted Performance of 0.0612 to check out if our risk estimates are consistent with your expectations.
At this time, NWTN's Total Stockholder Equity is very stable compared to the past year. As of the 22nd of November 2024, Liabilities And Stockholders Equity is likely to grow to about 422.9 M, while Common Stock Shares Outstanding is likely to drop about 214.9 M. . As of the 22nd of November 2024, Price Earnings Ratio is likely to drop to -61.23. In addition to that, Price Book Value Ratio is likely to drop to 10.26. NWTN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of November 2022 | 200 Day MA 2.8681 | 50 Day MA 0.8538 | Beta (0.31) |
NWTN |
Sharpe Ratio = 0.0783
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Estimated Market Risk
| 11.81 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.92 actual daily | 18 82% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average NWTN is performing at about 6% 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 NWTN by adding it to a well-diversified portfolio.
Price Book 1.5359 | Enterprise Value Ebitda (26.95) | Price Sales 589.0642 | Shares Float 246.4 M | Earnings Share (0.35) |
NWTN Valuation on October 11, 2024
It is possible to determine the worth of NWTN on a given historical date. On October 11, 2024 NWTN was worth 0.73 at the beginning of the trading date compared to the closed value of 0.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NWTN stock. Still, in general, we apply an absolute valuation method to find NWTN'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 NWTN where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NWTN's related companies.
| Open | High | Low | Close | Volume | |
| 0.67 | 0.74 | 0.66 | 0.70 | 22,179 | |
10/11/2024 | 0.73 | 0.73 | 0.66 | 0.66 | 5,577 |
| 0.66 | 0.70 | 0.62 | 0.69 | 16,289 |
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NWTN Trading Date Momentum on October 11, 2024
| On October 14 2024 NWTN Class B was traded for 0.69 at the closing time. The top price for the day was 0.70 and the lowest listed price was 0.62 . The trading volume for the day was 16.3 K. The trading history from October 14, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 4.55% . The trading delta at closing time against the current closing price is 6.06% . |
NWTN Class B Fundamentals Correlations and Trends
By evaluating NWTN'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 NWTN's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NWTN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About NWTN Stock history
NWTN 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 NWTN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NWTN Class B 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 NWTN stock prices may prove useful in developing a viable investing in NWTN
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 221.3 M | 214.9 M | |
| Net Loss | -11.2 M | -11.7 M |
NWTN Stock Technical Analysis
NWTN 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
NWTN Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
NWTN Class B cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
NWTN November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how NWTN stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NWTN shares will generate the highest return on investment. By undertsting and applying NWTN stock market strength indicators, traders can identify NWTN Class B entry and exit signals to maximize returns
NWTN Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for NWTN's price direction in advance. Along with the technical and fundamental analysis of NWTN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NWTN 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 | 0.0612 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | (0.74) | |||
| Sortino Ratio | 0.0883 | |||
| Treynor Ratio | (0.33) |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NWTN Class B. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NWTN. If investors know NWTN will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NWTN listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Revenue Per Share 0.002 | Return On Assets (0.33) | Return On Equity (1.29) |
The market value of NWTN Class B is measured differently than its book value, which is the value of NWTN that is recorded on the company's balance sheet. Investors also form their own opinion of NWTN's value that differs from its market value or its book value, called intrinsic value, which is NWTN's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NWTN's market value can be influenced by many factors that don't directly affect NWTN's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NWTN's value and its price as these two are different measures arrived at by different means. Investors typically determine if NWTN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NWTN's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.