New World Development Stock Performance
| NDVLY Stock | USD 0.44 0.03 6.38% |
On a scale of 0 to 100, New World holds a performance score of 2. The company secures a Beta (Market Risk) of 2.23, 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, New World will likely underperform. Please check New World's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether New World's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in New World Development are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak essential indicators, New World showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 60.5 B | |
| Total Cashflows From Investing Activities | -3.3 B |
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New World Relative Risk vs. Return Landscape
If you would invest 45.00 in New World Development on August 28, 2024 and sell it today you would lose (1.00) from holding New World Development or give up 2.22% of portfolio value over 90 days. New World Development is currently producing 0.2952% returns and takes up 8.1773% volatility of returns over 90 trading days. Put another way, 72% of traded pink sheets are less volatile than New, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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New World Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New World's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as New World Development, and traders can use it to determine the average amount a New World'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 = 0.0361
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Estimated Market Risk
| 8.18 actual daily | 72 72% of assets are less volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average New World is performing at about 2% 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 New World by adding it to a well-diversified portfolio.
New World Fundamentals Growth
New Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of New World, and New World 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 New Pink Sheet performance.
| Return On Equity | 0.0145 | |||
| Return On Asset | 0.009 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 23.51 B | |||
| Shares Outstanding | 5.03 B | |||
| Price To Earning | 40.91 X | |||
| Price To Book | 0.21 X | |||
| Price To Sales | 0.10 X | |||
| Revenue | 68.21 B | |||
| EBITDA | 11.15 B | |||
| Cash And Equivalents | 63.4 B | |||
| Cash Per Share | 12.60 X | |||
| Total Debt | 143.04 B | |||
| Debt To Equity | 0.69 % | |||
| Book Value Per Share | 51.85 X | |||
| Cash Flow From Operations | 7.45 B | |||
| Earnings Per Share | 0.03 X | |||
| Total Asset | 635.88 B | |||
| Retained Earnings | 102.09 B | |||
| Current Asset | 158.94 B | |||
| Current Liabilities | 66.52 B | |||
About New World Performance
Evaluating New World's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if New World 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 New World 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.
New World Development Company Limited, an investment holding company, engages in the property development and investment business in Hong Kong and internationally. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong. New World operates under Real EstateDiversified classification in the United States and is traded on OTC Exchange. It employs 28000 people.Things to note about New World Development performance evaluation
Checking the ongoing alerts about New World for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for New World Development help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New World had very high historical volatility over the last 90 days | |
| New World has some characteristics of a very speculative penny stock |
- Analyzing New World'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 New World's stock is overvalued or undervalued compared to its peers.
- Examining New World'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 New World's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New World's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New World's pink sheet. These opinions can provide insight into New World's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for New Pink Sheet Analysis
When running New World's price analysis, check to measure New World'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 World is operating at the current time. Most of New World's value examination focuses on studying past and present price action to predict the probability of New World'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 World's price. Additionally, you may evaluate how the addition of New World to your portfolios can decrease your overall portfolio volatility.