NEW WORLD Stock Forecast - Rate Of Daily Change
| NWDA Stock | EUR 0.61 0.01 1.61% |
NEW Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of NEW WORLD's historical fundamentals, such as revenue growth or operating cash flow patterns.
NEW |
| Check NEW WORLD Volatility | Backtest NEW WORLD | Information Ratio |
NEW WORLD Trading Date Momentum
| On January 02 2025 NEW WORLD DEVCO was traded for 0.61 at the closing time. The maximum traded price for the trading interval was 0.61 and the lowest daily price was 0.61 . The daily volume was recorded at 837. The volume of trading on 2nd of January 2025 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
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NEW WORLD 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 WORLD stock to make a market-neutral strategy. Peer analysis of NEW WORLD could also be used in its relative valuation, which is a method of valuing NEW WORLD by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NEW WORLD Market Strength Events
Market strength indicators help investors to evaluate how NEW WORLD 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 WORLD shares will generate the highest return on investment. By undertsting and applying NEW WORLD stock market strength indicators, traders can identify NEW WORLD DEVCO entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.61 | |||
| Day Typical Price | 0.61 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 10.29 |
NEW WORLD Risk Indicators
The analysis of NEW WORLD'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 WORLD'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.
| Mean Deviation | 2.47 | |||
| Standard Deviation | 3.9 | |||
| Variance | 15.24 |
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.
Currently Active Assets on Macroaxis
Other Information on Investing in NEW Stock
NEW WORLD financial ratios help investors to determine whether NEW Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NEW with respect to the benefits of owning NEW WORLD security.