New Found Gold Stock Market Value
| NFGC Stock | USD 3.13 0.21 6.29% |
| Symbol | New |
Will Diversified Metals & Mining sector continue expanding? Could New diversify its offerings? Factors like these will boost the valuation of New Found. Anticipated expansion of New directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every New Found data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate New Found Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating New Found's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause New Found's market price to deviate significantly from intrinsic value.
It's important to distinguish between New Found's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding New Found should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, New Found's market price signifies the transaction level at which participants voluntarily complete trades.
New Found '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 Found's stock 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 Found.
| 10/31/2025 |
| 01/29/2026 |
If you would invest 0.00 in New Found on October 31, 2025 and sell it all today you would earn a total of 0.00 from holding New Found Gold or generate 0.0% return on investment in New Found over 90 days. New Found is related to or competes with Dakota Gold, Osisko Development, Idaho Strategic, Nova Minerals, Caledonia Mining, Algoma Steel, and Rayonier Advanced. New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mine... More
New Found 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 Found's stock 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 Found Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.54 | |||
| Information Ratio | 0.1523 | |||
| Maximum Drawdown | 28.9 | |||
| Value At Risk | (6.92) | |||
| Potential Upside | 7.77 |
New Found Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Found's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Found's standard deviation. In reality, there are many statistical measures that can use New Found historical prices to predict the future New Found's volatility.| Risk Adjusted Performance | 0.128 | |||
| Jensen Alpha | 0.7705 | |||
| Total Risk Alpha | 0.4602 | |||
| Sortino Ratio | 0.168 | |||
| Treynor Ratio | 0.9555 |
New Found January 29, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.128 | |||
| Market Risk Adjusted Performance | 0.9655 | |||
| Mean Deviation | 3.47 | |||
| Semi Deviation | 3.68 | |||
| Downside Deviation | 4.54 | |||
| Coefficient Of Variation | 607.83 | |||
| Standard Deviation | 5.01 | |||
| Variance | 25.1 | |||
| Information Ratio | 0.1523 | |||
| Jensen Alpha | 0.7705 | |||
| Total Risk Alpha | 0.4602 | |||
| Sortino Ratio | 0.168 | |||
| Treynor Ratio | 0.9555 | |||
| Maximum Drawdown | 28.9 | |||
| Value At Risk | (6.92) | |||
| Potential Upside | 7.77 | |||
| Downside Variance | 20.61 | |||
| Semi Variance | 13.54 | |||
| Expected Short fall | (3.87) | |||
| Skewness | 0.7628 | |||
| Kurtosis | 2.41 |
New Found Gold Backtested Returns
New Found appears to be very risky, given 3 months investment horizon. New Found Gold has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16 % return per unit of risk over the last 3 months. By analyzing New Found's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please exercise New Found's Risk Adjusted Performance of 0.128, downside deviation of 4.54, and Mean Deviation of 3.47 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, New Found holds a performance score of 12. The company secures a Beta (Market Risk) of 0.85, which conveys possible diversification benefits within a given portfolio. New Found returns are very sensitive to returns on the market. As the market goes up or down, New Found is expected to follow. Please check New Found's value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether New Found's current price movements will revert.
Auto-correlation | 0.53 |
Modest predictability
New Found Gold has modest predictability. Overlapping area represents the amount of predictability between New Found time series from 31st of October 2025 to 15th of December 2025 and 15th of December 2025 to 29th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of New Found Gold price movement. The serial correlation of 0.53 indicates that about 53.0% of current New Found price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
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Check out New Found Correlation, New Found Volatility and New Found Performance module to complement your research on New Found. You can also try the AI Portfolio Prophet module to use AI to generate optimal portfolios and find profitable investment opportunities.
New Found technical stock 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, stock market cycles, or different charting patterns.