New Age Metals Stock Performance
| NAM Stock | CAD 0.09 0.01 5.56% |
On a scale of 0 to 100, New Age holds a performance score of 4. The company secures a Beta (Market Risk) of 0.3, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, New Age's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Age is expected to be smaller as well. Please check New Age's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to make a quick decision on whether New Age's current price movements will revert.
Risk-Adjusted Performance
4 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in New Age Metals are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, New Age showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:4 | Dividend Date 2017-02-01 | Last Split Date 2024-08-26 |
1 | New Age Metals Announces Final Assay Results from 2024 Lithium Fieldwork Program - Junior Mining Network | 10/03/2024 |
| Begin Period Cash Flow | 4.3 M |
New |
New Age Relative Risk vs. Return Landscape
If you would invest 8.00 in New Age Metals on August 29, 2024 and sell it today you would earn a total of 1.00 from holding New Age Metals or generate 12.5% return on investment over 90 days. New Age Metals is currently producing 0.5556% returns and takes up 8.7918% volatility of returns over 90 trading days. Put another way, 78% of traded stocks are less volatile than New, and 89% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
New Age Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Age's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Age Metals, and traders can use it to determine the average amount a New Age's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0632
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | NAM | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 8.79 actual daily | 78 78% of assets are less volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average New Age is performing at about 4% 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 Age by adding it to a well-diversified portfolio.
New Age Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Age, and New Age fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on New Stock performance.
| Return On Equity | -0.0545 | |||
| Return On Asset | -0.0452 | |||
| Current Valuation | 1.76 M | |||
| Shares Outstanding | 55.56 M | |||
| Price To Book | 0.40 X | |||
| EBITDA | (1.02 M) | |||
| Net Income | (657.66 K) | |||
| Cash And Equivalents | 1.33 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 1.87 M | |||
| Current Ratio | 24.95 X | |||
| Book Value Per Share | 0.24 X | |||
| Cash Flow From Operations | (1.4 M) | |||
| Earnings Per Share | (0.01) X | |||
| Market Capitalization | 5 M | |||
| Total Asset | 15.44 M | |||
| Retained Earnings | (50.76 M) | |||
| Working Capital | 3.97 M | |||
About New Age Performance
Evaluating New Age's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if New Age has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if New Age has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.01 | 0.01 | |
| Return On Tangible Assets | (0.04) | (0.04) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.04) | (0.04) | |
| Return On Equity | (0.05) | (0.05) |
Things to note about New Age Metals performance evaluation
Checking the ongoing alerts about New Age for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Age Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Age Metals is way too risky over 90 days horizon | |
| New Age Metals has some characteristics of a very speculative penny stock | |
| New Age Metals appears to be risky and price may revert if volatility continues | |
| New Age Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (657.66 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| New Age Metals has accumulated about 1.33 M in cash with (1.4 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 27.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing New Age's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether New Age's stock is overvalued or undervalued compared to its peers.
- Examining New Age's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating New Age's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Age's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Age's stock. These opinions can provide insight into New Age's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for New Stock Analysis
When running New Age's price analysis, check to measure New Age'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 Age is operating at the current time. Most of New Age's value examination focuses on studying past and present price action to predict the probability of New Age'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 Age's price. Additionally, you may evaluate how the addition of New Age to your portfolios can decrease your overall portfolio volatility.