Newport Exploration Stock Performance
| NWXPF Stock | USD 0.06 0.02 32.34% |
On a scale of 0 to 100, Newport Exploration holds a performance score of 2. The company secures a Beta (Market Risk) of 2.15, 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, Newport Exploration will likely underperform. Please check Newport Exploration's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Newport Exploration's current price movements will revert.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Newport Exploration are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Newport Exploration reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.9 M | |
| Total Cashflows From Investing Activities | -167.5 K |
Newport |
Newport Exploration Relative Risk vs. Return Landscape
If you would invest 9.00 in Newport Exploration on October 20, 2024 and sell it today you would lose (2.78) from holding Newport Exploration or give up 30.89% of portfolio value over 90 days. Newport Exploration is currently producing 0.4217% returns and takes up 13.7277% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Newport, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Newport Exploration Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newport Exploration's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Newport Exploration, and traders can use it to determine the average amount a Newport Exploration'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 = 0.0307
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Estimated Market Risk
| 13.73 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Newport Exploration 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 Newport Exploration by adding it to a well-diversified portfolio.
Newport Exploration Fundamentals Growth
Newport Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Newport Exploration, and Newport Exploration 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 Newport Pink Sheet performance.
| Return On Equity | 0.81 | |||
| Return On Asset | -0.15 | |||
| Current Valuation | 24.47 M | |||
| Shares Outstanding | 105.58 M | |||
| Price To Earning | 7.61 X | |||
| Price To Book | 6.84 X | |||
| EBITDA | 7.67 M | |||
| Cash And Equivalents | 3.33 M | |||
| Cash Per Share | 0.03 X | |||
| Total Debt | 185.26 K | |||
| Debt To Equity | 0.03 % | |||
| Book Value Per Share | 0.05 X | |||
| Cash Flow From Operations | 5.46 M | |||
| Earnings Per Share | 0.04 X | |||
| Total Asset | 6.13 M | |||
About Newport Exploration Performance
By analyzing Newport Exploration's fundamental ratios, stakeholders can gain valuable insights into Newport Exploration's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Newport Exploration 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 Newport Exploration has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Newport Exploration Ltd., a natural resource company, engages in the acquisition and exploration of resource properties. The company was incorporated in 1979 and is headquartered in West Vancouver, Canada. Newport Exploration operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Newport Exploration performance evaluation
Checking the ongoing alerts about Newport Exploration for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Newport Exploration help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Newport Exploration had very high historical volatility over the last 90 days | |
| Newport Exploration has some characteristics of a very speculative penny stock | |
| About 27.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Newport Exploration'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 Newport Exploration's stock is overvalued or undervalued compared to its peers.
- Examining Newport Exploration'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 Newport Exploration's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newport Exploration's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newport Exploration's pink sheet. These opinions can provide insight into Newport Exploration's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Newport Pink Sheet analysis
When running Newport Exploration's price analysis, check to measure Newport Exploration'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 Newport Exploration is operating at the current time. Most of Newport Exploration's value examination focuses on studying past and present price action to predict the probability of Newport Exploration's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newport Exploration's price. Additionally, you may evaluate how the addition of Newport Exploration to your portfolios can decrease your overall portfolio volatility.
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