New Found Gold Stock Statistic Functions Variance

NFGC Stock  USD 2.78  0.00  0.00%   
New Found statistic functions tool provides the execution environment for running the Variance function and other technical functions against New Found. New Found value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. New Found statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. New Found Gold Variance is a measurement of the price spread between periods of New Found price series.

New Found Technical Analysis Modules

Most technical analysis of New Found help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for New from various momentum indicators to cycle indicators. When you analyze New charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About New Found Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of New Found Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Found Gold based on widely used predictive technical indicators. In general, we focus on analyzing New Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New Found's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of New Found's intrinsic value. In addition to deriving basic predictive indicators for New Found, we also check how macroeconomic factors affect New Found price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 2025 2026 (projected)
PB Ratio12.727.558.688.25
Capex To Depreciation1.95.516.346.02
Hype
Prediction
LowEstimatedHigh
0.132.677.93
Details
Intrinsic
Valuation
LowRealHigh
0.163.298.55
Details
Naive
Forecast
LowNextHigh
0.052.597.85
Details
1 Analysts
Consensus
LowTargetHigh
4.555.005.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New Found. Your research has to be compared to or analyzed against New Found's peers to derive any actionable benefits. When done correctly, New Found's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in New Found Gold.

Align your values with your investing style

In addition to having New Found in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index Idea
Macroaxis Index
Sold over 30 shares
Industrials ETFs Idea
Industrials ETFs
Invested over 200 shares
Sector ETFs Idea
Sector ETFs
Sold over 500 shares
ESG Investing Idea
ESG Investing
Invested few shares
Millennials Best Idea
Millennials Best
Invested over 100 shares
SRI Sustainable Growth Idea
SRI Sustainable Growth
Invested over 100 shares
Gold and Gold Mining Idea
Gold and Gold Mining
Invested over 200 shares
Manufacturing Idea
Manufacturing
Invested over 500 shares
Dividend Beast Idea
Dividend Beast
Invested over 90 shares
Driverless Cars Idea
Driverless Cars
Invested over 60 shares
When determining whether New Found Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of New Found's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of New Found Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on New Found Gold Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Found Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Will Diversified Metals & Mining sector continue expanding? Could New diversify its offerings? Factors like these will boost the valuation of New Found. Anticipated expansion of New directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every New Found data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.78)
Earnings Share
(0.14)
Return On Assets
(0.33)
Return On Equity
(0.51)
Investors evaluate New Found Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating New Found's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause New Found's market price to deviate significantly from intrinsic value.
It's important to distinguish between New Found's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding New Found should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, New Found's market price signifies the transaction level at which participants voluntarily complete trades.