Newport Exploration Stock Price on December 13, 2022
| NWXPF Stock | USD 0.04 0.03 41.67% |
If you're considering investing in Newport Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Newport Exploration stands at 0.04, as last reported on the 11th of December 2024, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. Newport Exploration appears to be out of control, given 3 months investment horizon. Newport Exploration has Sharpe Ratio of 0.0499, which conveys that the firm had a 0.0499% return per unit of risk over the last 3 months. By analyzing Newport Exploration's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please exercise Newport Exploration's Downside Deviation of 26.0, mean deviation of 8.38, and Risk Adjusted Performance of 0.0451 to check out if our risk estimates are consistent with your expectations.
Newport Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Newport |
Sharpe Ratio = 0.0499
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Estimated Market Risk
| 19.74 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Newport Exploration 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 Newport Exploration by adding it to a well-diversified portfolio.
Newport Exploration Valuation on December 13, 2022
It is possible to determine the worth of Newport Exploration on a given historical date. On December 13, 2022 Newport was worth 0.19 at the beginning of the trading date compared to the closed value of 0.19. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newport Exploration pink sheet. 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 | |
| 0.26 | 0.26 | 0.26 | 0.26 | 1.00 | |
12/13/2022 | 0.19 | 0.19 | 0.19 | 0.19 | 2,500 |
| 0.25 | 0.25 | 0.25 | 0.25 | 1.00 |
| Backtest Newport Exploration | | | Newport Exploration History | | | Newport Exploration Valuation | Previous | Next |
Newport Exploration Trading Date Momentum on December 13, 2022
| On December 14 2022 Newport Exploration was traded for 0.25 at the closing time. The highest daily price throughout the period was 0.25 and the lowest price was 0.25 . There was no trading activity during the period 1.0. Lack of trading volume on 12/14/2022 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 31.58% . The trading delta at closing time to current closing price is 10.53% . |
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 Pink Sheet 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
Newport Exploration Ltd., a natural resource company, engages in the acquisition and exploration of resource properties. The company was incorporated in 1979 and is headquartered in West Vancouver, Canada. Newport Exploration operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Newport Exploration Pink Sheet Technical Analysis
Newport Exploration technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Newport Exploration Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Newport Exploration cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Newport Exploration pink sheet 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 pink sheet 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 Pink Sheet 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 | 0.0451 | |||
| Jensen Alpha | 0.8 | |||
| Total Risk Alpha | (2.13) | |||
| Sortino Ratio | 0.0319 | |||
| Treynor Ratio | 0.7454 |
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| Volume Indicators |
Complementary Tools for Newport Pink Sheet 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.
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