Newport Exploration Stock Performance
| NWX Stock | CAD 0.07 0.01 6.25% |
The company secures a Beta (Market Risk) of 1.22, 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, Newport Exploration will likely underperform. At this point, Newport Exploration has a negative expected return of -0.72%. Please make sure to verify Newport Exploration's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Newport Exploration performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Newport Exploration has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Forward Dividend Yield 0.2667 | Payout Ratio 1.5 | Last Split Factor 1:10 | Forward Dividend Rate 0.02 | Dividend Date 2024-06-11 |
1 | Newport Exploration Reports on Cooper Basin Royalties - TipRanks | 10/18/2024 |
2 | TSX Penny Stock Highlights For October 2024 - Simply Wall St | 10/23/2024 |
| Begin Period Cash Flow | 1.3 M |
Newport |
Newport Exploration Relative Risk vs. Return Landscape
If you would invest 13.00 in Newport Exploration on August 29, 2024 and sell it today you would lose (5.50) from holding Newport Exploration or give up 42.31% of portfolio value over 90 days. Newport Exploration is currently producing negative expected returns and takes up 5.3906% volatility of returns over 90 trading days. Put another way, 48% of traded stocks are less volatile than Newport, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Newport Exploration Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newport Exploration's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Newport Exploration, and traders can use it to determine the average amount a Newport Exploration'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 = -0.1342
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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.
Newport Exploration Fundamentals Growth
Newport Stock prices reflect investors' perceptions of the future prospects and financial health of Newport Exploration, and Newport Exploration 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 Newport Stock performance.
| Return On Equity | 0.6 | |||
| Return On Asset | -0.27 | |||
| Current Valuation | 6.31 M | |||
| Shares Outstanding | 105.58 M | |||
| Price To Earning | 11.00 X | |||
| Price To Book | 3.07 X | |||
| EBITDA | (1.45 M) | |||
| Net Income | 1.92 M | |||
| Cash And Equivalents | 6.73 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 124.69 K | |||
| Current Ratio | 19.57 X | |||
| Book Value Per Share | 0.02 X | |||
| Cash Flow From Operations | 2.24 M | |||
| Earnings Per Share | 0.02 X | |||
| Market Capitalization | 7.92 M | |||
| Total Asset | 3.99 M | |||
| Retained Earnings | (46.3 M) | |||
| Working Capital | 3.75 M | |||
About Newport Exploration Performance
Evaluating Newport Exploration's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Newport Exploration 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 Newport Exploration 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 | ||
| Return On Tangible Assets | 0.72 | 0.75 | |
| Return On Capital Employed | (0.58) | (0.61) | |
| Return On Assets | 0.72 | 0.75 | |
| Return On Equity | 0.75 | 0.78 |
Things to note about Newport Exploration performance evaluation
Checking the ongoing alerts about Newport Exploration for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Newport Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Newport Exploration generated a negative expected return over the last 90 days | |
| Newport Exploration has high historical volatility and very poor performance | |
| Newport Exploration has some characteristics of a very speculative penny stock | |
| About 27.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Newport Exploration'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 Newport Exploration's stock is overvalued or undervalued compared to its peers.
- Examining Newport Exploration'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 Newport Exploration's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newport Exploration's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newport Exploration's stock. These opinions can provide insight into Newport Exploration's potential for growth and whether the stock is currently undervalued or overvalued.
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.