New Source Energy Stock Market Value
| NSLPQ Stock | USD 0.0001 0.00 0.00% |
| Symbol | New |
New Source '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 Source'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 Source.
| 11/19/2025 |
| 01/18/2026 |
If you would invest 0.00 in New Source on November 19, 2025 and sell it all today you would earn a total of 0.00 from holding New Source Energy or generate 0.0% return on investment in New Source over 60 days. New Source Energy Partners L.P. acquires, owns, develops, and produces oil and natural gas properties in the United Stat... More
New Source 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 Source'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 Source Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 50.0 |
New Source Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Source's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Source's standard deviation. In reality, there are many statistical measures that can use New Source historical prices to predict the future New Source's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.75) | |||
| Total Risk Alpha | (1.57) | |||
| Treynor Ratio | 4.09 |
New Source Energy Backtested Returns
New Source Energy has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12 % return per unit of risk over the last 3 months. New Source exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Source's Standard Deviation of 6.15, mean deviation of 1.49, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning New Source are expected to decrease at a much lower rate. During the bear market, New Source is likely to outperform the market. At this point, New Source Energy has a negative expected return of -0.78%. Please make sure to verify New Source's market risk adjusted performance, treynor ratio, as well as the relationship between the Treynor Ratio and day typical price , to decide if New Source Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | Huge |
Perfect predictability
New Source Energy has perfect predictability. Overlapping area represents the amount of predictability between New Source time series from 19th of November 2025 to 19th of December 2025 and 19th of December 2025 to 18th 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 Source Energy price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current New Source price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
New Source Energy lagged returns against current returns
Autocorrelation, which is New Source 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 Source's pink sheet expected returns. We can calculate the autocorrelation of New Source returns to help us make a trade decision. For example, suppose you find that New Source 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 |
| Timeline |
New Source 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 Source pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if New Source 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 Source pink sheet over time.
Current vs Lagged Prices |
| Timeline |
New Source Lagged Returns
When evaluating New Source's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of New Source pink sheet have on its future price. New Source 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 Source autocorrelation shows the relationship between New Source pink sheet current value and its past values and can show if there is a momentum factor associated with investing in New Source Energy.
Regressed Prices |
| Timeline |
Pair Trading with New Source
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Source position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Source will appreciate offsetting losses from the drop in the long position's value.Moving against New Pink Sheet
| 0.82 | WMT | Walmart Common Stock Aggressive Push | PairCorr |
| 0.78 | PUTKY | United Tractors Tbk | PairCorr |
| 0.78 | BAC | Bank of America | PairCorr |
| 0.75 | MRK | Merck Company | PairCorr |
| 0.74 | JNJ | Johnson Johnson Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to New Source could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Source when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Source - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Source Energy to buy it.
The correlation of New Source is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Source moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Source Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Source can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for New Pink Sheet Analysis
When running New Source's price analysis, check to measure New Source'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 Source is operating at the current time. Most of New Source's value examination focuses on studying past and present price action to predict the probability of New Source'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 Source's price. Additionally, you may evaluate how the addition of New Source to your portfolios can decrease your overall portfolio volatility.