The Narragansett Electric Performance
| NRGSPDelisted Stock | USD 55.00 0.00 0.00% |
The company secures a Beta (Market Risk) of -0.0721, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Narragansett Electric are expected to decrease at a much lower rate. During the bear market, Narragansett Electric is likely to outperform the market. The Narragansett Electric right now secures a risk of 0.0%. Please verify The Narragansett Electric coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day typical price , to decide if The Narragansett Electric will be following its current price movements.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days The Narragansett Electric has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Narragansett Electric is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more
| Dividend Yield | 0.045 |
Narragansett |
Narragansett Electric Relative Risk vs. Return Landscape
If you would invest 5,500 in The Narragansett Electric on October 11, 2024 and sell it today you would earn a total of 0.00 from holding The Narragansett Electric or generate 0.0% return on investment over 90 days. The Narragansett Electric is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Narragansett, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Narragansett Electric Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Narragansett Electric's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as The Narragansett Electric, and traders can use it to determine the average amount a Narragansett Electric'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 = 0.0
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| NRGSP |
Based on monthly moving average Narragansett Electric 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 Narragansett Electric by adding Narragansett Electric to a well-diversified portfolio.
Narragansett Electric Fundamentals Growth
Narragansett Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Narragansett Electric, and Narragansett Electric 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 Narragansett Pink Sheet performance.
About Narragansett Electric Performance
Assessing Narragansett Electric's fundamental ratios provides investors with valuable insights into Narragansett Electric's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Narragansett Electric is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about The Narragansett Electric performance evaluation
Checking the ongoing alerts about Narragansett Electric for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for The Narragansett Electric help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Narragansett Electric is not yet fully synchronised with the market data | |
| Narragansett Electric has a very high chance of going through financial distress in the upcoming years | |
| Latest headline from zacks.com: Why Is Thor Industries Down 9.2 percent Since Last Earnings Report |
- Analyzing Narragansett Electric'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 Narragansett Electric's stock is overvalued or undervalued compared to its peers.
- Examining Narragansett Electric'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 Narragansett Electric's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Narragansett Electric's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Narragansett Electric's pink sheet. These opinions can provide insight into Narragansett Electric's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Narragansett Pink Sheet
If you are still planning to invest in The Narragansett Electric check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Narragansett Electric's history and understand the potential risks before investing.
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities |