New Age Stock Forecast - Relative Strength Index

NAM Stock  CAD 0.09  0.01  12.50%   
New Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to 0.78 in 2024. Payables Turnover is likely to drop to 0.03 in 2024. Common Stock Shares Outstanding is likely to drop to about 48 M in 2024. Net Loss is likely to drop to about (785.4 K) in 2024.
On December 2, 2024 New Age Metals had Relative Strength Index of 0.
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New Age Trading Date Momentum

On December 03 2024 New Age Metals was traded for  0.09  at the closing time. The highest daily price throughout the period was 0.09  and the lowest price was  0.09 . The daily volume was 63.8 K. The net trading volume on 12/03/2024 added to the next day price increase. The trading delta at closing time to closing price of the next trading day was 12.50% . The trading delta at closing time to current closing price is 12.50% .
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Other Forecasting Options for New Age

For every potential investor in New, whether a beginner or expert, New Age's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. New Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in New. Basic forecasting techniques help filter out the noise by identifying New Age's price trends.

New Age Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with New Age stock to make a market-neutral strategy. Peer analysis of New Age could also be used in its relative valuation, which is a method of valuing New Age by comparing valuation metrics with similar companies.
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New Age Metals Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of New Age's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of New Age's current price.

New Age Market Strength Events

Market strength indicators help investors to evaluate how New Age 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 Age shares will generate the highest return on investment. By undertsting and applying New Age stock market strength indicators, traders can identify New Age Metals entry and exit signals to maximize returns.

New Age Risk Indicators

The analysis of New Age's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in New Age's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting new stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

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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Additional Tools for New Stock Analysis

When running New Age's price analysis, check to measure New Age'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 Age is operating at the current time. Most of New Age's value examination focuses on studying past and present price action to predict the probability of New Age'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 Age's price. Additionally, you may evaluate how the addition of New Age to your portfolios can decrease your overall portfolio volatility.