New World (Australia) Today
New World is selling for under 0.017 as of the 7th of February 2025; that is 5.56 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.017. The performance scores are derived for the period starting the 8th of January 2025 and ending today, the 7th of February 2025. Click here to learn more.
Valuation
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New Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. New World's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New World or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO MD | BSc BSc |
| Business Concentration | Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
New World Resources (NWC) is traded on Australian Securities Exchange in Australia and employs 6 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 48.28 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New World's market, we take the total number of its shares issued and multiply it by New World'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 World Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 2.84 B outstanding shares.
New World Resources has accumulated about 2.62 M in cash with (2.09 M) of positive cash flow from operations.
Check New World Probability Of Bankruptcy
New Stock Against Markets
New World Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with New World stock to make a market-neutral strategy. Peer analysis of New World could also be used in its relative valuation, which is a method of valuing New World by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
New World Corporate Management
Elected by the shareholders, the New World's board of directors comprises two types of representatives: New World inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New World's management team and ensure that shareholders' interests are well served. New World's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New World's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Xavier Draud | Exploration Geologist | Profile | |
| LLB BCom | Company Secretary | Profile | |
| BCom BCom | Company Secretary | Profile | |
| Patrick Siglin | Exploration Manager | Profile |
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 board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Other Tools for New Stock
When running New World's price analysis, check to measure New World'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 World is operating at the current time. Most of New World's value examination focuses on studying past and present price action to predict the probability of New World'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 World's price. Additionally, you may evaluate how the addition of New World to your portfolios can decrease your overall portfolio volatility.
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