New Wave Financials
| TRMNF Stock | USD 0.01 0 45.45% |
New |
New Wave Stock Summary
New Wave competes with OverActive Media, and Celtic Plc. New Wave Holdings Corp. engages in the commercial esportsgaming activities. New Wave Holdings Corp. was incorporated in 2006 and is headquartered in Toronto, Canada. New Wave is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | Royal Centre, Vancouver, |
| Sector | Communication Services |
| Industry | Entertainment |
| Benchmark | Dow Jones Industrial |
| Website | newwavecorp.com |
| Phone | 416 917 5847 |
| Currency | USD - US Dollar |
New Wave Key Financial Ratios
There are many critical financial ratios that New Wave's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that New Wave Holdings reports annually and quarterly.| Return On Equity | -3.16 | |||
| Return On Asset | -1.31 | |||
| Number Of Employees | 20 | |||
| Beta | 3.14 | |||
| Z Score | -7.4 |
New Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Wave's current stock value. Our valuation model uses many indicators to compare New Wave value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Wave competition to find correlations between indicators driving New Wave's intrinsic value. More Info.New Wave Holdings is rated below average in return on equity category among its peers. It also is rated below average in return on asset 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 New Wave's earnings, one of the primary drivers of an investment's value.New Wave Holdings Systematic Risk
New Wave's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. New Wave 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 twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on New Wave Holdings correlated with the market. If Beta is less than 0 New Wave generally moves in the opposite direction as compared to the market. If New Wave Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one New Wave Holdings is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of New Wave is generally in the same direction as the market. If Beta > 1 New Wave moves generally in the same direction as, but more than the movement of the benchmark.
New Wave March 22, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of New Wave help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of New Wave Holdings. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Wave Holdings based on widely used predictive technical indicators. In general, we focus on analyzing New Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New Wave's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0988 | |||
| Maximum Drawdown | 162.5 | |||
| Value At Risk | (21.43) | |||
| Potential Upside | 33.33 |
Complementary Tools for New Pink Sheet analysis
When running New Wave's price analysis, check to measure New Wave'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 Wave is operating at the current time. Most of New Wave's value examination focuses on studying past and present price action to predict the probability of New Wave'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 Wave's price. Additionally, you may evaluate how the addition of New Wave to your portfolios can decrease your overall portfolio volatility.
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