Newport Exploration Stock Price on October 24, 2024
| NWX Stock | CAD 0.07 0.01 6.25% |
Below is the normalized historical share price chart for Newport Exploration extending back to April 16, 1996. 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 Newport Exploration stands at 0.07, as last reported on the 27th of November, with the highest price reaching 0.08 and the lowest price hitting 0.07 during the day.
If you're considering investing in Newport Stock, it is important to understand the factors that can impact its price. Newport Exploration 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. Newport Exploration exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newport Exploration's Mean Deviation of 3.46, standard deviation of 5.63, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide.
At this time, Newport Exploration's Total Stockholder Equity is fairly stable compared to the past year. Liabilities And Stockholders Equity is likely to climb to about 8.2 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 67.4 M in 2024. . At this time, Newport Exploration's Price Earnings Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 5.60 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.26). Newport Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1356 | 50 Day MA 0.1052 | Beta 1.064 |
Newport |
Sharpe Ratio = -0.1342
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| Negative Returns | NWX |
Estimated Market Risk
| 5.39 actual daily | 47 53% of assets are more volatile |
Expected Return
| -0.72 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newport Exploration 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 Newport Exploration by adding Newport Exploration to a well-diversified portfolio.
Price Book 3.0745 | Book Value 0.024 | Enterprise Value 6.3 M | Enterprise Value Ebitda 2.169 | Shares Float 77.4 M |
Newport Exploration Valuation on October 24, 2024
It is possible to determine the worth of Newport Exploration on a given historical date. On October 24, 2024 Newport was worth 0.12 at the beginning of the trading date compared to the closed value of 0.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newport Exploration stock. Still, in general, we apply an absolute valuation method to find Newport Exploration'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 Newport Exploration where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newport Exploration's related companies.
| Open | High | Low | Close | Volume | |
| 0.12 | 0.12 | 0.12 | 0.12 | 10,508 | |
10/24/2024 | 0.12 | 0.12 | 0.12 | 0.12 | 4,000 |
| 0.11 | 0.11 | 0.10 | 0.10 | 198,000 |
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Newport Exploration Trading Date Momentum on October 24, 2024
| On October 25 2024 Newport Exploration was traded for 0.10 at the closing time. The highest daily price throughout the period was 0.11 and the lowest price was 0.10 . The daily volume was 198 K. The net trading volume on 10/25/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 16.67% . The trading delta at closing time to current closing price is 25.00% . |
Newport Exploration Fundamentals Correlations and Trends
By evaluating Newport Exploration'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 Newport Exploration's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newport financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newport Exploration Stock history
Newport Exploration 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 Newport is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newport Exploration 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 Newport Exploration stock prices may prove useful in developing a viable investing in Newport Exploration
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 121.4 M | 67.4 M | |
| Net Income Applicable To Common Shares | 6.1 M | 5.1 M |
Newport Exploration Quarterly Net Working Capital |
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Newport Exploration Stock Technical Analysis
Newport Exploration 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
Newport Exploration Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Newport Exploration cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Newport Exploration November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Newport Exploration stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newport Exploration shares will generate the highest return on investment. By undertsting and applying Newport Exploration stock market strength indicators, traders can identify Newport Exploration entry and exit signals to maximize returns
Newport Exploration Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newport Exploration's price direction in advance. Along with the technical and fundamental analysis of Newport Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newport 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 | (0.08) | |||
| Jensen Alpha | (0.83) | |||
| Total Risk Alpha | (1.57) | |||
| Treynor Ratio | (0.56) |
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Additional Tools for Newport Stock Analysis
When running Newport Exploration's price analysis, check to measure Newport Exploration'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 Newport Exploration is operating at the current time. Most of Newport Exploration's value examination focuses on studying past and present price action to predict the probability of Newport Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newport Exploration's price. Additionally, you may evaluate how the addition of Newport Exploration to your portfolios can decrease your overall portfolio volatility.