New Wave Holdings Stock Price on September 19, 2024
| TRMNF Stock | USD 0.01 0.01 33.52% |
If you're considering investing in New Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of New Wave stands at 0.01, as last reported on the 27th of November, with the highest price reaching 0.01 and the lowest price hitting 0.01 during the day. New Wave is out of control given 3 months investment horizon. New Wave Holdings has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate twenty-two different technical indicators, which can help you to evaluate if expected returns of 3.2% are justified by taking the suggested risk. Use New Wave Holdings Standard Deviation of 28.46, risk adjusted performance of 0.0918, and Mean Deviation of 10.14 to evaluate company specific risk that cannot be diversified away.
New Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.1099
| Best Portfolio | Best Equity | |||
| Good Returns | TRMNF | |||
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| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 29.13 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.2 actual daily | 63 63% of assets have lower returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average New Wave is performing at about 8% 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 Wave by adding it to a well-diversified portfolio.
New Wave Valuation on September 19, 2024
It is possible to determine the worth of New Wave on a given historical date. On September 19, 2024 New was worth 0.024 at the beginning of the trading date compared to the closed value of 0.024. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Wave pink sheet. Still, in general, we apply an absolute valuation method to find New Wave'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 Wave where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Wave's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 185.00 | |
09/19/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
| 0.01 | 0.02 | 0.01 | 0.02 | 16.00 |
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New Wave Trading Date Momentum on September 19, 2024
| On September 20 2024 New Wave Holdings was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.01 . The daily volume was 16.0. The net trading volume on 09/20/2024 did not cause price change. The trading delta at closing time to current closing price is 52.08% . |
New Wave Holdings Fundamentals Correlations and Trends
By evaluating New Wave'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 New Wave's 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 Wave Pink Sheet history
New Wave 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 Wave Holdings 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 Wave stock prices may prove useful in developing a viable investing in New Wave
New Wave Holdings Corp. engages in the commercial esportsgaming activities. New Wave Holdings Corp. was incorporated in 2006 and is headquartered in Toronto, Canada. New Wave is traded on OTC Exchange in the United States.
New Wave Pink Sheet Technical Analysis
New Wave 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
New Wave Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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New Wave November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how New Wave 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 New Wave shares will generate the highest return on investment. By undertsting and applying New Wave pink sheet market strength indicators, traders can identify New Wave Holdings entry and exit signals to maximize returns
New Wave Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Wave's price direction in advance. Along with the technical and fundamental analysis of New Pink Sheet 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 | 0.0918 | |||
| Jensen Alpha | 2.7 | |||
| Total Risk Alpha | (1.44) | |||
| Treynor Ratio | 1.05 |
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for New Pink Sheet analysis
When running New Wave's price analysis, check to measure New Wave'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 Wave is operating at the current time. Most of New Wave's value examination focuses on studying past and present price action to predict the probability of New Wave'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 Wave's price. Additionally, you may evaluate how the addition of New Wave to your portfolios can decrease your overall portfolio volatility.
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