Newron Sport Stock Performance
| NSPT Stock | USD 0.0001 0.0001 50.00% |
Newron Sport holds a performance score of 10 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 5.84, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Newron Sport will likely underperform. Use Newron Sport treynor ratio and day median price , to analyze future returns on Newron Sport.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Newron Sport are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively inconsistent basic indicators, Newron Sport unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
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Newron Sport Relative Risk vs. Return Landscape
If you would invest 0.01 in Newron Sport on August 28, 2024 and sell it today you would earn a total of 0.00 from holding Newron Sport or generate 0.0% return on investment over 90 days. Newron Sport is currently generating 17.9688% in daily expected returns and assumes 129.2123% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Newron, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Newron Sport Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newron Sport's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Newron Sport, and traders can use it to determine the average amount a Newron Sport'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 = 0.1391
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Estimated Market Risk
| 129.21 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Newron Sport is performing at about 10% 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 Newron Sport by adding it to a well-diversified portfolio.
Newron Sport Fundamentals Growth
Newron Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Newron Sport, and Newron Sport 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 Newron Pink Sheet performance.
| Return On Asset | -0.0097 | |||
| Profit Margin | (0.13) % | |||
| Operating Margin | (0.16) % | |||
| Current Valuation | 31.95 M | |||
| Shares Outstanding | 4.99 B | |||
| Price To Sales | 586.89 X | |||
| Revenue | 4.25 K | |||
| Cash And Equivalents | 1.43 K | |||
| Total Debt | 541 K | |||
| Cash Flow From Operations | (9.81 K) | |||
| Total Asset | 66.02 K | |||
About Newron Sport Performance
Assessing Newron Sport's fundamental ratios provides investors with valuable insights into Newron Sport's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Newron Sport is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Newron Sport engages in the development and distribution of a patented tandem device, a product that focuses on recreational use and sports. The company was founded in 2003 and is based in Sainte-Hndine, Canada. NEWRON SPORT is traded on OTC Exchange in the United States.Things to note about Newron Sport performance evaluation
Checking the ongoing alerts about Newron Sport for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Newron Sport help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Newron Sport is way too risky over 90 days horizon | |
| Newron Sport has some characteristics of a very speculative penny stock | |
| Newron Sport appears to be risky and price may revert if volatility continues | |
| Newron Sport has high likelihood to experience some financial distress in the next 2 years | |
| Newron Sport currently holds 541 K in liabilities. Newron Sport has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Newron Sport until it has trouble settling it off, either with new capital or with free cash flow. So, Newron Sport's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Newron Sport sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newron to invest in growth at high rates of return. When we think about Newron Sport's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 4.25 K. Net Loss for the year was (552) with profit before overhead, payroll, taxes, and interest of 3.06 K. | |
| Newron Sport currently holds about 1.43 K in cash with (9.81 K) of positive cash flow from operations. | |
| Latest headline from gurufocus.com: GLAZER CAPITAL, LLC Adjusts Stake in Embrace Change Acquisition Corp |
- Analyzing Newron Sport'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 Newron Sport's stock is overvalued or undervalued compared to its peers.
- Examining Newron Sport'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 Newron Sport's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newron Sport's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newron Sport's pink sheet. These opinions can provide insight into Newron Sport's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Newron Pink Sheet Analysis
When running Newron Sport's price analysis, check to measure Newron Sport'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 Newron Sport is operating at the current time. Most of Newron Sport's value examination focuses on studying past and present price action to predict the probability of Newron Sport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newron Sport's price. Additionally, you may evaluate how the addition of Newron Sport to your portfolios can decrease your overall portfolio volatility.