New Momentum Stock Analysis
| NNAX Stock | USD 0.0005 0.0001 25.00% |
New Momentum is fairly valued with Real Value of 4.97E-4 and Hype Value of 5.68E-4. The main objective of New Momentum pink sheet analysis is to determine its intrinsic value, which is an estimate of what New Momentum is worth, separate from its market price. There are two main types of New Momentum's stock analysis: fundamental analysis and technical analysis.
The New Momentum pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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New Pink Sheet Analysis Notes
About 84.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.0. New Momentum had not issued any dividends in recent years. The entity had 5:1 split on the 28th of June 2011. New Momentum Corporation develops and operates an online ticketing platform under the Gagfare.com name. The company also offers its services through Gagfare mobile application. New Momentum is traded on OTC Exchange in the United States.The quote for New Momentum is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about New Momentum contact Tin Leung at 65 3105 1428 or learn more at https://www.gagfare.com.New Momentum Investment Alerts
| New Momentum generated a negative expected return over the last 90 days | |
| New Momentum has high historical volatility and very poor performance | |
| New Momentum has some characteristics of a very speculative penny stock | |
| New Momentum currently holds 373.27 K in liabilities. New Momentum has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist New Momentum until it has trouble settling it off, either with new capital or with free cash flow. So, New Momentum's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like New Momentum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Momentum's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.29 M. Net Loss for the year was (287.76 K) with profit before overhead, payroll, taxes, and interest of 5.39 K. | |
| New Momentum currently holds about 104.31 K in cash with (108.89 K) of positive cash flow from operations. | |
| Roughly 84.0% of the company outstanding shares are owned by corporate insiders |
New Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 1.25 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Momentum's market, we take the total number of its shares issued and multiply it by New Momentum'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.New Profitablity
The company has Profit Margin (PM) of (0.25) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.27) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.27.Technical Drivers
As of the 26th of November, New Momentum secures the Standard Deviation of 11.7, risk adjusted performance of 0.0071, and Mean Deviation of 7.68. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Momentum, as well as the relationship between them.New Momentum Price Movement Analysis
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New Momentum Predictive Daily Indicators
New Momentum intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of New Momentum pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
New Momentum Forecast Models
New Momentum's time-series forecasting models are one of many New Momentum's pink sheet 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 New Momentum'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.About New Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how New Momentum 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 New shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as New Momentum. By using and applying New Pink Sheet analysis, traders can create a robust methodology for identifying New entry and exit points for their positions.
New Momentum Corporation develops and operates an online ticketing platform under the Gagfare.com name. The company also offers its services through Gagfare mobile application. New Momentum is traded on OTC Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding New Momentum to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for New Pink Sheet Analysis
When running New Momentum's price analysis, check to measure New Momentum'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 Momentum is operating at the current time. Most of New Momentum's value examination focuses on studying past and present price action to predict the probability of New Momentum'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 Momentum's price. Additionally, you may evaluate how the addition of New Momentum to your portfolios can decrease your overall portfolio volatility.