New Fortress Energy Stock Performance
| NFE Stock | USD 9.51 0.33 3.59% |
The company secures a Beta (Market Risk) of 2.45, 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 Fortress will likely underperform. At this point, New Fortress Energy has a negative expected return of -0.34%. Please make sure to verify New Fortress' kurtosis, as well as the relationship between the rate of daily change and price action indicator , to decide if New Fortress Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days New Fortress Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's technical and fundamental indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return 0.22 | Five Day Return (0.97) | Year To Date Return (75.28) | Ten Year Return (29.61) | All Time Return (29.61) |
Forward Dividend Yield 0.0436 | Payout Ratio 0.292 | Last Split Factor 1:1 | Forward Dividend Rate 0.4 | Dividend Date 2024-06-27 |
| New Fortress dividend paid on 27th of September 2024 | 09/27/2024 |
1 | Did New Fortress Energy Inc. Use Debt To Deliver Its ROE Of 14 | 10/17/2024 |
2 | Levi Korsinsky Notifies New Fortress Energy Inc. Investors of a Class Action Lawsuit and Upcoming Deadline NFE | 10/31/2024 |
3 | New Fortress Energy Inc Q3 2024 Everything You Need To Know Ahead Of Earnings | 11/06/2024 |
4 | Class Action Filed Against New Fortress Energy Inc. - November 18, 2024 Deadline to Join - Contact Levi Korsinsky | 11/11/2024 |
5 | November 18, 2024 Deadline Contact Levi Korsinsky to Join Class Action Suit Against NFE | 11/12/2024 |
6 | Levi Korsinsky Notifies New Fortress Energy Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - NFE | 11/14/2024 |
7 | New Fortress Energy Inc. Sued for Securities Law Violations - Contact Levi Korsinsky Before November 18, 2024 to Discuss Your Rights - NFE | 11/15/2024 |
8 | New Fortress Energy Inc. Sued for Securities Law Violations Investors Should Contact Levi Korsinsky for More Information NFE | 11/18/2024 |
9 | Levi Korsinsky Reminds New Fortress Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 18, 2024 - NFE | 11/19/2024 |
| Begin Period Cash Flow | 855.1 M |
New |
New Fortress Relative Risk vs. Return Landscape
If you would invest 1,278 in New Fortress Energy on August 23, 2024 and sell it today you would lose (327.00) from holding New Fortress Energy or give up 25.59% of portfolio value over 90 days. New Fortress Energy is generating negative expected returns assuming volatility of 5.046% on return distribution over 90 days investment horizon. In other words, 44% of stocks are less volatile than New, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
New Fortress Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Fortress' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Fortress Energy, and traders can use it to determine the average amount a New Fortress' 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 = -0.0666
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NFE |
Estimated Market Risk
| 5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
| -0.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New Fortress 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 New Fortress by adding New Fortress to a well-diversified portfolio.
New Fortress Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Fortress, and New Fortress 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 Stock performance.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0456 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 10.84 B | ||||
| Shares Outstanding | 251.42 M | ||||
| Price To Earning | 52.19 X | ||||
| Price To Book | 1.48 X | ||||
| Price To Sales | 0.95 X | ||||
| Revenue | 2.41 B | ||||
| Gross Profit | 1.28 B | ||||
| EBITDA | 1.13 B | ||||
| Net Income | 547.88 M | ||||
| Cash And Equivalents | 138.33 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 7.37 B | ||||
| Debt To Equity | 2.19 % | ||||
| Current Ratio | 1.24 X | ||||
| Book Value Per Share | 7.61 X | ||||
| Cash Flow From Operations | 824.76 M | ||||
| Earnings Per Share | 0.91 X | ||||
| Market Capitalization | 2.31 B | ||||
| Total Asset | 10.5 B | ||||
| Retained Earnings | 527.99 M | ||||
| Working Capital | (726.32 M) | ||||
| Current Asset | 173.43 M | ||||
| Current Liabilities | 103.85 M | ||||
About New Fortress Performance
By analyzing New Fortress' fundamental ratios, stakeholders can gain valuable insights into New Fortress' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if New Fortress 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 Fortress has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 32.49 | 55.15 | |
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.11 | 0.11 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.33 | 0.35 |
Things to note about New Fortress Energy performance evaluation
Checking the ongoing alerts about New Fortress for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Fortress Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Fortress Energy generated a negative expected return over the last 90 days | |
| New Fortress Energy has high historical volatility and very poor performance | |
| About 43.0% of the company outstanding shares are owned by corporate insiders | |
| On 27th of September 2024 New Fortress paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from accesswire.com: Levi Korsinsky Reminds New Fortress Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 18, 2024 - NFE |
- Analyzing New Fortress' 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 Fortress' stock is overvalued or undervalued compared to its peers.
- Examining New Fortress' 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 Fortress' management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Fortress' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Fortress' stock. These opinions can provide insight into New Fortress' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for New Stock analysis
When running New Fortress' price analysis, check to measure New Fortress' 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 Fortress is operating at the current time. Most of New Fortress' value examination focuses on studying past and present price action to predict the probability of New Fortress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Fortress' price. Additionally, you may evaluate how the addition of New Fortress to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world |