New Found Gold Stock Alpha and Beta Analysis
| NFGC Stock | USD 2.94 0.06 2.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as New Found Gold. It also helps investors analyze the systematic and unsystematic risks associated with investing in New Found over a specified time horizon. Remember, high New Found's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to New Found's market risk premium analysis include:
Beta 0.95 | Alpha 0.25 | Risk 5.11 | Sharpe Ratio 0.0828 | Expected Return 0.42 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Check out New Found Backtesting, New Found Valuation, New Found Correlation, New Found Hype Analysis, New Found Volatility, New Found History and analyze New Found Performance. New Found Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. New Found market risk premium is the additional return an investor will receive from holding New Found long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in New Found. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate New Found's performance over market.| α | 0.25 | β | 0.95 |
New Found expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of New Found's Buy-and-hold return. Our buy-and-hold chart shows how New Found performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.New Found Market Price Analysis
Market price analysis indicators help investors to evaluate how New Found stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Found shares will generate the highest return on investment. By understating and applying New Found stock market price indicators, traders can identify New Found position entry and exit signals to maximize returns.
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| Harami Cross Pattern |
New Found Return and Market Media
The median price of New Found for the period between Mon, Oct 20, 2025 and Sun, Jan 18, 2026 is 2.72 with a coefficient of variation of 17.74. The daily time series for the period is distributed with a sample standard deviation of 0.45, arithmetic mean of 2.55, and mean deviation of 0.42. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Will New Found Gold Corp. stock outperform Nasdaq index - Bull Run Consistent Return Strategy Ideas - newser.com | 10/29/2025 |
2 | What macro factors could drive New Found Gold Corp stock higher - July 2025 Analyst Calls Real-Time Stock Price Movement Reports - newser.com | 11/12/2025 |
3 | When Will New Found Gold Corp. Breakeven - Yahoo Finance | 11/14/2025 |
4 | Can New Found Gold Corp. stock deliver strong annual returns - Trade Analysis Report Fast Momentum Entry Tips - newser.com | 11/19/2025 |
5 | Sprott and Sprott Mining buying at New Found Gold - The Globe and Mail | 12/02/2025 |
6 | New Found Gold closes Queensway acquisition, project grows 31 percent - Stock Titan | 12/05/2025 |
7 | Investment Report Can New Found Gold Corp stock beat market expectations this quarter - July 2025 Institutional Breakout Confirmation Trade Signals - B NI V | 12/08/2025 |
8 | Grade is King Bonanza Discoveries Re-Rate The Gold Exploration Sector - GlobeNewswire | 12/15/2025 |
9 | Unlocking Gold Potential with New Found Golds High-Grade Project - Investing News Network | 12/19/2025 |
10 | New Found Gold Stock Price Down 7.3 percent Heres What Happened | 12/29/2025 |
About New Found Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including New or other stocks. Alpha measures the amount that position in New Found Gold has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 | 2025 | 2026 (projected) | PB Ratio | 12.72 | 7.55 | 8.68 | 8.25 | Capex To Depreciation | 1.9 | 5.51 | 6.34 | 6.02 |
New Found Upcoming Company Events
As portrayed in its financial statements, the presentation of New Found's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, New Found's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of New Found's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of New Found. Please utilize our Beneish M Score to check the likelihood of New Found's management manipulating its earnings.
| 4th of April 2024 Upcoming Quarterly Report | View | |
| 10th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 4th of April 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with New Found
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out New Found Backtesting, New Found Valuation, New Found Correlation, New Found Hype Analysis, New Found Volatility, New Found History and analyze New Found Performance. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
New Found technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.