NEW MILLENNIUM Financials
| 36N Stock | EUR 7.95 0.55 7.43% |
NEW |
Understanding current and past NEW MILLENNIUM Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of NEW MILLENNIUM's financial statements are interrelated, with each one affecting the others. For example, an increase in NEW MILLENNIUM's assets may result in an increase in income on the income statement.
Please note, the presentation of NEW MILLENNIUM's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, NEW MILLENNIUM's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of NEW MILLENNIUM's management manipulating its earnings.
You should never invest in NEW MILLENNIUM without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of NEW Stock, because this is throwing your money away. Analyzing the key information contained in NEW MILLENNIUM's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
NEW MILLENNIUM Key Financial Ratios
There are many critical financial ratios that NEW MILLENNIUM's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that NEW MILLENNIUM IRON reports annually and quarterly.NEW Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining NEW MILLENNIUM's current stock value. Our valuation model uses many indicators to compare NEW MILLENNIUM value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NEW MILLENNIUM competition to find correlations between indicators driving NEW MILLENNIUM's intrinsic value. More Info.NEW MILLENNIUM IRON is rated below average in current valuation category among its peers. It also is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for NEW MILLENNIUM IRON is about 12,912,050 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NEW MILLENNIUM's earnings, one of the primary drivers of an investment's value.NEW MILLENNIUM IRON Systematic Risk
NEW MILLENNIUM's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. NEW MILLENNIUM volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on NEW MILLENNIUM IRON correlated with the market. If Beta is less than 0 NEW MILLENNIUM generally moves in the opposite direction as compared to the market. If NEW MILLENNIUM Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one NEW MILLENNIUM IRON is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of NEW MILLENNIUM is generally in the same direction as the market. If Beta > 1 NEW MILLENNIUM moves generally in the same direction as, but more than the movement of the benchmark.
NEW MILLENNIUM Thematic Clasifications
NEW MILLENNIUM IRON is part of Iron investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Steel and Iron production. Companies involved in production of steel and iron
This theme covers Steel and Iron production. Companies involved in production of steel and iron. Get More Thematic Ideas
| Iron | View |
NEW MILLENNIUM January 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of NEW MILLENNIUM help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of NEW MILLENNIUM IRON. We use our internally-developed statistical techniques to arrive at the intrinsic value of NEW MILLENNIUM IRON 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 MILLENNIUM's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.0303 | |||
| Maximum Drawdown | 11.38 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 4.73 |
Complementary Tools for NEW Stock analysis
When running NEW MILLENNIUM's price analysis, check to measure NEW MILLENNIUM'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 MILLENNIUM is operating at the current time. Most of NEW MILLENNIUM's value examination focuses on studying past and present price action to predict the probability of NEW MILLENNIUM'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 MILLENNIUM's price. Additionally, you may evaluate how the addition of NEW MILLENNIUM to your portfolios can decrease your overall portfolio volatility.
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