Newport Gold Financials
NWPG Stock | USD 0 0.00 0.00% |
Newport |
Newport Gold Stock Summary
Newport Gold competes with Callinex Mines, NioCorp Developments, Lithium Americas, Sigma Lithium, and Standard Lithium. Newport Gold, Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral and energy properties primarily in Canada. Newport Gold, Inc. was founded in 2003 and is headquartered in Collingwood, Canada. Newport Gold is traded on OTC Exchange in the United States.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | 8 Nettleton Court, |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Benchmark | Dow Jones Industrial |
Website | www.newport.gold |
Phone | 905 542 4990 |
Currency | USD - US Dollar |
Newport Gold Key Financial Ratios
There are many critical financial ratios that Newport Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Newport Gold reports annually and quarterly.Return On Asset | -2.37 | |||
Beta | 2.33 |
Newport Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Newport Gold's current stock value. Our valuation model uses many indicators to compare Newport Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Newport Gold competition to find correlations between indicators driving Newport Gold's intrinsic value. More Info.Newport Gold is regarded second in return on asset category among its peers. It is regarded third in current valuation category among its peers . 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 Newport Gold's earnings, one of the primary drivers of an investment's value.Newport Gold Systematic Risk
Newport Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Newport Gold 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 output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Newport Gold correlated with the market. If Beta is less than 0 Newport Gold generally moves in the opposite direction as compared to the market. If Newport Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Newport Gold is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Newport Gold is generally in the same direction as the market. If Beta > 1 Newport Gold moves generally in the same direction as, but more than the movement of the benchmark.
Newport Gold December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Newport Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Newport Gold. We use our internally-developed statistical techniques to arrive at the intrinsic value of Newport Gold based on widely used predictive technical indicators. In general, we focus on analyzing Newport Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Newport Gold's daily price indicators and compare them against related drivers.
Downside Deviation | 30.66 | |||
Information Ratio | 0.0506 | |||
Maximum Drawdown | 145.45 | |||
Value At Risk | (31.25) | |||
Potential Upside | 33.33 |
Complementary Tools for Newport Pink Sheet analysis
When running Newport Gold's price analysis, check to measure Newport Gold'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 Newport Gold is operating at the current time. Most of Newport Gold's value examination focuses on studying past and present price action to predict the probability of Newport Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newport Gold's price. Additionally, you may evaluate how the addition of Newport Gold to your portfolios can decrease your overall portfolio volatility.
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