New Asia's market value is the price at which a share of New Asia trades on a public exchange. It measures the collective expectations of New Asia Holdings investors about its performance. New Asia is trading at 0.0125 as of the 11th of March 2025, a No Change since the beginning of the trading day. The stock's lowest day price was 0.0125. With this module, you can estimate the performance of a buy and hold strategy of New Asia Holdings and determine expected loss or profit from investing in New Asia over a given investment horizon. Check out New Asia Correlation, New Asia Volatility and New Asia Alpha and Beta module to complement your research on New Asia.
Please note, there is a significant difference between New Asia's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Asia is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Asia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
New Asia 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to New Asia's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of New Asia.
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01/10/2025
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In 2 months and 1 day
03/11/2025
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If you would invest 0.00 in New Asia on January 10, 2025 and sell it all today you would earn a total of 0.00 from holding New Asia Holdings or generate 0.0% return on investment in New Asia over 60 days. New Asia is related to or competes with Research Solutions, Red Violet, Meridianlink, PDF Solutions, MoneyLion, Porch, and Nerdy. New Asia Holdings, Inc. develops and provides neural trading models for the financial community More
New Asia Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure New Asia's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess New Asia Holdings upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Asia's standard deviation. In reality, there are many statistical measures that can use New Asia historical prices to predict the future New Asia's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New Asia. Your research has to be compared to or analyzed against New Asia's peers to derive any actionable benefits. When done correctly, New Asia's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in New Asia Holdings.
New Asia Holdings Backtested Returns
New Asia is out of control given 3 months investment horizon. New Asia Holdings has Sharpe Ratio of 0.0864, which conveys that the firm had a 0.0864 % return per unit of risk over the last 3 months. We have analyze and collected data for seventeen different technical indicators, which can help you to evaluate if expected returns of 4.33% are justified by taking the suggested risk. Use New Asia Holdings Mean Deviation of 14.68, risk adjusted performance of 0.0767, and Standard Deviation of 48.98 to evaluate company specific risk that cannot be diversified away. New Asia holds a performance score of 6 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.91, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning New Asia are expected to decrease by larger amounts. On the other hand, during market turmoil, New Asia is expected to outperform it. Use New Asia Holdings standard deviation and the relationship between the jensen alpha and day median price , to analyze future returns on New Asia Holdings.
Correlation Coefficient
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Spearman Rank Test
-0.61
Residual Average
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Price Variance
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New Asia Holdings lagged returns against current returns
Autocorrelation, which is New Asia pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting New Asia's pink sheet expected returns. We can calculate the autocorrelation of New Asia returns to help us make a trade decision. For example, suppose you find that New Asia has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
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New Asia regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If New Asia pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if New Asia pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in New Asia pink sheet over time.
Current vs Lagged Prices
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New Asia Lagged Returns
When evaluating New Asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of New Asia pink sheet have on its future price. New Asia autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, New Asia autocorrelation shows the relationship between New Asia pink sheet current value and its past values and can show if there is a momentum factor associated with investing in New Asia Holdings.
Regressed Prices
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Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
New Asia financial ratios help investors to determine whether New Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in New with respect to the benefits of owning New Asia security.