New Gold Stock Performance
| NGD Stock | USD 10.03 2.07 17.11% |
On a scale of 0 to 100, New Gold holds a performance score of 14. The company secures a Beta (Market Risk) of 1.67, 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 kurtosis, market facilitation index, and 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
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in New Gold are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating technical and fundamental indicators, New Gold exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 185.5 M | |
| Total Cashflows From Investing Activities | -263.4 M |
New Gold Relative Risk vs. Return Landscape
If you would invest 728.00 in New Gold on November 3, 2025 and sell it today you would earn a total of 482.00 from holding New Gold or generate 66.21% return on investment over 90 days. New Gold is generating 0.9464% of daily returns assuming volatility of 5.0469% on return distribution over 90 days investment horizon. In other words, 45% of stocks are less volatile than New, and above 81% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
New Gold Target Price Odds to finish over Current Price
The tendency of New Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 10.03 | 90 days | 10.03 | about 25.31 |
Based on a normal probability distribution, the odds of New Gold to move above the current price in 90 days from now is about 25.31 (This New Gold probability density function shows the probability of New Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.67 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, New Gold will likely underperform. Additionally New Gold has an alpha of 0.8782, implying that it can generate a 0.88 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). New Gold Price Density |
| Price |
Predictive Modules for New Gold
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as New Gold. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.New Gold Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. New Gold is not an exception. The market had few large corrections towards the New Gold's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold New Gold, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of New Gold within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.88 | |
β | Beta against Dow Jones | 1.67 | |
σ | Overall volatility | 1.76 | |
Ir | Information ratio | 0.18 |
New Gold Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of New Gold for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for New Gold can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| New Gold is way too risky over 90 days horizon | |
| New Gold appears to be risky and price may revert if volatility continues | |
| About 69.0% of the company shares are owned by institutional investors |
New Gold Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of New Stock often depends not only on the future outlook of the current and potential New Gold's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. New Gold's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 752.2 M | |
| Cash And Short Term Investments | 110.3 M |
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.
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.13 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.50 % | ||||
| Current Valuation | 9.82 B | ||||
| Shares Outstanding | 791.73 M | ||||
| Price To Earning | 5.07 X | ||||
| Price To Book | 7.73 X | ||||
| Price To Sales | 6.42 X | ||||
| Revenue | 924.5 M | ||||
| EBITDA | 331.67 M | ||||
| Cash And Equivalents | 19.9 M | ||||
| Cash Per Share | 0.48 X | ||||
| Total Debt | 399.7 M | ||||
| Debt To Equity | 0.41 % | ||||
| Book Value Per Share | 1.57 X | ||||
| Cash Flow From Operations | 392.8 M | ||||
| Earnings Per Share | 0.32 X | ||||
| Total Asset | 2 B | ||||
| Retained Earnings | (2.36 B) | ||||
| Current Asset | 614.6 M | ||||
| Current Liabilities | 147.3 M | ||||
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.
New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. The company was incorporated in 1980 and is headquartered in Toronto, Canada. New Gold is traded on AMEX Exchange in the United States.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 is way too risky over 90 days horizon | |
| New Gold appears to be risky and price may revert if volatility continues | |
| About 69.0% of the company shares are owned by institutional investors |
- 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.
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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