New Era Helium Stock Price on December 12, 2024
NEHC Stock | 2.86 0.21 7.92% |
If you're considering investing in New Stock, it is important to understand the factors that can impact its price. As of today, the current price of New Era stands at 2.86, as last reported on the 21st of December, with the highest price reaching 2.95 and the lowest price hitting 2.59 during the day. New Era Helium has Sharpe Ratio of -0.22, which conveys that the firm had a -0.22% return per unit of risk over the last 3 months. New Era exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify New Era's Mean Deviation of 4.22, risk adjusted performance of (0.16), and Standard Deviation of 7.95 to check out the risk estimate we provide.
New Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = -0.2181
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Estimated Market Risk
8.07 actual daily | 71 71% of assets are less volatile |
Expected Return
-1.76 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New Era is not performing at its full potential. However, 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 Era by adding New Era to a well-diversified portfolio.
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Optimist Retirement Group LLC purchased a new position in Copa Holdings, S.A. in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission . The firm purchased 2,556 shares of the transportation companys stock, valued at approximately 240,000. Several other large investors have
New Era Valuation on December 12, 2024
It is possible to determine the worth of New Era on a given historical date. On December 12, 2024 New was worth 5.06 at the beginning of the trading date compared to the closed value of 4.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Era stock. Still, in general, we apply an absolute valuation method to find New Era'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 Era where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Era's related companies.
Open | High | Low | Close | Volume | |
5.52 | 5.75 | 3.61 | 5.21 | 376,400 | |
12/12/2024 | 5.06 | 5.10 | 4.03 | 4.43 | 246,224 |
4.13 | 4.36 | 3.15 | 3.41 | 153,070 |
Backtest New Era | | | New Era History | Previous | Next |
New Era Trading Date Momentum on December 12, 2024
On December 13 2024 New Era Helium was traded for 3.41 at the closing time. The top price for the day was 4.36 and the lowest listed price was 3.15 . The trading volume for the day was 153.1 K. The trading history from December 13, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 23.02% . The trading delta at closing time against the current closing price is 38.37% . |
About New Era Stock history
New Era 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 Era Helium 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 Era stock prices may prove useful in developing a viable investing in New Era
New Era Stock Technical Analysis
New Era 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 Era Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
New Era Helium cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Era December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how New Era 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 Era shares will generate the highest return on investment. By undertsting and applying New Era stock market strength indicators, traders can identify New Era Helium entry and exit signals to maximize returns
New Era Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Era'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 | (0.16) | |||
Jensen Alpha | (1.75) | |||
Total Risk Alpha | (1.94) | |||
Treynor Ratio | (1.29) |
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Pattern Recognition | ||
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Volume Indicators |
Complementary Tools for New Stock analysis
When running New Era's price analysis, check to measure New Era'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 Era is operating at the current time. Most of New Era's value examination focuses on studying past and present price action to predict the probability of New Era'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 Era's price. Additionally, you may evaluate how the addition of New Era to your portfolios can decrease your overall portfolio volatility.
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