New Gold Stock Performance

NGD Stock  USD 10.00  0.44  4.60%   
On a scale of 0 to 100, New Gold holds a performance score of 12. The company secures a Beta (Market Risk) of 1.89, 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 Gold will likely underperform. Please check New Gold'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 Gold'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 Gold are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile technical and fundamental indicators, New Gold exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

Actual Historical Performance (%)

One Day Return
4.6
Five Day Return
14.68
Year To Date Return
16.82
Ten Year Return
352.49
All Time Return
70.94
Last Split Factor
1:3
Last Split Date
2002-07-25
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Begin Period Cash Flow185.5 M
Total Cashflows From Investing Activities-263.4 M

New Gold Relative Risk vs. Return Landscape

If you would invest  717.00  in New Gold on October 12, 2025 and sell it today you would earn a total of  283.00  from holding New Gold or generate 39.47% return on investment over 90 days. New Gold is generating 0.616% of daily returns assuming volatility of 3.9763% on return distribution over 90 days investment horizon. In other words, 35% of stocks are less volatile than New, and above 88% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
       Risk  
Considering the 90-day investment horizon New Gold is expected to generate 5.66 times more return on investment than the market. However, the company is 5.66 times more volatile than its market benchmark. It trades about 0.15 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.17 per unit of risk.

New Gold Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for New Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Gold, and traders can use it to determine the average amount a New Gold'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 = 0.1549

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Based on monthly moving average New Gold is performing at about 12% 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 Gold by adding it to a well-diversified portfolio.

New Gold Fundamentals Growth

New Stock prices reflect investors' perceptions of the future prospects and financial health of New Gold, and New Gold 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.

About New Gold Performance

By analyzing New Gold's fundamental ratios, stakeholders can gain valuable insights into New Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if New Gold 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 Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 72.86  102.06 
Return On Tangible Assets 0.05  0.05 
Return On Capital Employed 0.09  0.10 
Return On Assets 0.05  0.05 
Return On Equity 0.11  0.12 

Things to note about New Gold performance evaluation

Checking the ongoing alerts about New Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
New Gold appears to be risky and price may revert if volatility continues
New Gold is unlikely to experience financial distress in the next 2 years
About 69.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: New Gold Trading Down 6.6 percent Heres Why
Evaluating New Gold's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate New Gold's stock performance include:
  • Analyzing New Gold'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 Gold's stock is overvalued or undervalued compared to its peers.
  • Examining New Gold'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 Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Gold's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of New Gold's stock. These opinions can provide insight into New Gold's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating New Gold's stock performance is not an exact science, and many factors can impact New Gold's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for New Stock analysis

When running New Gold's price analysis, check to measure New Gold'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 Gold is operating at the current time. Most of New Gold's value examination focuses on studying past and present price action to predict the probability of New Gold'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 Gold's price. Additionally, you may evaluate how the addition of New Gold to your portfolios can decrease your overall portfolio volatility.
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