New Age Metals Stock Price on May 10, 2024
NAM Stock | CAD 0.09 0.01 12.50% |
Below is the normalized historical share price chart for New Age Metals extending back to June 03, 1998. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of New Age stands at 0.09, as last reported on the 10th of December, with the highest price reaching 0.09 and the lowest price hitting 0.09 during the day.
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. New Age appears to be out of control, given 3 months investment horizon. New Age Metals has Sharpe Ratio of 0.0639, which conveys that the firm had a 0.0639% return per unit of risk over the last 3 months. By analyzing New Age's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please exercise New Age's Mean Deviation of 4.72, risk adjusted performance of 0.0549, and Downside Deviation of 14.55 to check out if our risk estimates are consistent with your expectations.
At this time, New Age's Other Stockholder Equity is fairly stable compared to the past year. Capital Stock is likely to climb to about 47 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 48 M in 2024. . Price Earnings Ratio is likely to drop to -15.96 in 2024. Price Book Value Ratio is likely to drop to 0.70 in 2024. New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.1404 | 50 Day MA 0.1058 | Beta 1.314 |
New |
Sharpe Ratio = 0.0639
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | NAM | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
9.04 actual daily | 80 80% of assets are less volatile |
Expected Return
0.58 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
0.06 actual daily | 5 95% of assets perform better |
Based on monthly moving average New Age is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of New Age by adding it to a well-diversified portfolio.
Price Book 0.3554 | Book Value 0.239 | Enterprise Value 1.2 M | Enterprise Value Ebitda (9.56) | Shares Float 40.1 M |
New Age Valuation on May 10, 2024
It is possible to determine the worth of New Age on a given historical date. On May 10, 2024 New was worth 0.2 at the beginning of the trading date compared to the closed value of 0.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Age stock. Still, in general, we apply an absolute valuation method to find New Age's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of New Age where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Age's related companies.
Open | High | Low | Close | Volume | |
0.20 | 0.20 | 0.20 | 0.20 | 5,250 | |
05/10/2024 | 0.20 | 0.20 | 0.20 | 0.20 | 50,000 |
0.20 | 0.20 | 0.16 | 0.20 | 13,025 |
Backtest New Age | | | New Age History | | | New Age Valuation | Previous | Next |
New Age Trading Date Momentum on May 10, 2024
On May 13 2024 New Age Metals was traded for 0.20 at the closing time. The highest daily price throughout the period was 0.20 and the lowest price was 0.16 . The daily volume was 13 K. The net trading volume on 05/13/2024 did not cause price change. The trading delta at closing time to current closing price is 10.00% . |
New Age Metals Fundamentals Correlations and Trends
By evaluating New Age's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among New Age's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New Age Stock history
New Age investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Age Metals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing New Age stock prices may prove useful in developing a viable investing in New Age
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 55.6 M | 48 M | |
Net Loss | -748 K | -785.4 K |
New Age Quarterly Net Working Capital |
|
New Age Stock Technical Analysis
New Age technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
New Age Period Price Range
Low | December 10, 2024
| High |
0.00 | 0.00 |
New Age Metals cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
New Age December 10, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Age's price direction in advance. Along with the technical and fundamental analysis of New Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of New to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0549 | |||
Jensen Alpha | 0.4684 | |||
Total Risk Alpha | (1.12) | |||
Sortino Ratio | 0.0277 | |||
Treynor Ratio | 1.02 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.