New Wave Holdings Stock Analysis
| TRMNF Stock | USD 0.01 0.01 33.52% |
New Wave Holdings is overvalued with Real Value of 0.0113 and Hype Value of 0.01. The main objective of New Wave pink sheet analysis is to determine its intrinsic value, which is an estimate of what New Wave Holdings is worth, separate from its market price. There are two main types of New Wave's stock analysis: fundamental analysis and technical analysis.
The New Wave 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. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and New Wave's ongoing operational relationships across important fundamental and technical indicators.
New |
New Pink Sheet Analysis Notes
About 15.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.43. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. New Wave Holdings recorded a loss per share of 0.57. The entity last dividend was issued on the 8th of May 2020. The firm had 1:20 split on the 18th of June 2021. New Wave Holdings Corp. engages in the commercial esportsgaming activities. New Wave Holdings Corp. was incorporated in 2006 and is headquartered in Toronto, Canada. New Wave is traded on OTC Exchange in the United States.The quote for New Wave Holdings 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 Wave Holdings contact the company at 416 917 5847 or learn more at https://newwavecorp.com.New Wave Holdings Investment Alerts
| New Wave Holdings is way too risky over 90 days horizon | |
| New Wave Holdings has some characteristics of a very speculative penny stock | |
| New Wave Holdings appears to be risky and price may revert if volatility continues | |
| New Wave Holdings has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (6.46 M) with loss before overhead, payroll, taxes, and interest of (4.33 M). | |
| New Wave Holdings has accumulated about 2.46 M in cash with (2.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 15.0% 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 658.8 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Wave's market, we take the total number of its shares issued and multiply it by New Wave'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 27th of November, New Wave secures the Standard Deviation of 28.46, mean deviation of 10.14, and Risk Adjusted Performance of 0.0918. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Wave Holdings, as well as the relationship between them. Please verify New Wave Holdings standard deviation, as well as the relationship between the maximum drawdown and kurtosis to decide if New Wave Holdings is priced some-what accurately, providing market reflects its recent price of 0.0121 per share. As New Wave Holdings appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.New Wave Holdings Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. New Wave middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for New Wave Holdings. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
New Wave Predictive Daily Indicators
New Wave 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 Wave 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.66 | |||
| Day Median Price | 0.0121 | |||
| Day Typical Price | 0.0121 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 42.31 |
New Wave Forecast Models
New Wave's time-series forecasting models are one of many New Wave'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 Wave'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 Wave 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 Wave. 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 Wave Holdings Corp. engages in the commercial esportsgaming activities. New Wave Holdings Corp. was incorporated in 2006 and is headquartered in Toronto, Canada. New Wave is traded on OTC Exchange in the United States.
Be your own money manager
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 Wave to your portfolios without increasing risk or reducing expected return.Did you try this?
Run Balance Of Power Now
Balance Of PowerCheck stock momentum by analyzing Balance Of Power indicator and other technical ratios |
| All Next | Launch Module |
Complementary Tools for New Pink Sheet analysis
When running New Wave's price analysis, check to measure New Wave'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 Wave is operating at the current time. Most of New Wave's value examination focuses on studying past and present price action to predict the probability of New Wave'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 Wave's price. Additionally, you may evaluate how the addition of New Wave to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets |