Newcore Gold Stock Analysis

Newcore OTC Stock Analysis Notes

About 24.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.67. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Newcore Gold recorded a loss per share of 0.03. The entity had not issued any dividends in recent years. Newcore Gold Ltd., a mineral exploration and mine development company, engages in the acquisition, advancement, and development of precious mineral properties in Ghana. Newcore Gold Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada. Newcore Gold is traded on OTC Exchange in the United States.The quote for Newcore Gold is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Newcore Gold contact Luke Alexander at 604 484 4399 or learn more at https://www.newcoregold.com.

Newcore Gold Investment Alerts

Newcore Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 25.35 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newcore Gold's market, we take the total number of its shares issued and multiply it by Newcore Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 24th of November, Newcore Gold secures the Standard Deviation of 4.26, mean deviation of 3.0, and Risk Adjusted Performance of 0.0016. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newcore Gold, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We are able to break down and analyze data for thirteen technical drivers for Newcore Gold, which can be compared to its peers in the industry. Please verify Newcore Gold market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Newcore Gold is priced some-what accurately, providing market reflects its recent price of 0.23 per share. As Newcore Gold appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.

Newcore Gold Price Movement Analysis

Newcore Gold Predictive Daily Indicators

Newcore Gold Forecast Models

Newcore Gold's time-series forecasting models are one of many Newcore Gold's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Newcore Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Newcore Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Newcore shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Newcore Gold. By using and applying Newcore OTC Stock analysis, traders can create a robust methodology for identifying Newcore entry and exit points for their positions.

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