New Era Helium Stock Price on December 16, 2024

NEHC Stock   3.15  0.75  31.25%   
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 3.15, as last reported on the 19th of December, with the highest price reaching 3.30 and the lowest price hitting 2.21 during the day. New Era Helium has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% 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 Standard Deviation of 7.78, risk adjusted performance of (0.15), and Mean Deviation of 3.87 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.

Sharpe Ratio = -0.2077

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsNEHC

Estimated Market Risk

 7.96
  actual daily
70
70% of assets are less volatile

Expected Return

 -1.65
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.21
  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.

Related Headline

Skechers USA Headline on 16th of December 2024

Skechers SWOT analysis footwear giants stock poised for growth amid challenges

New Era Valuation on December 16, 2024

It is possible to determine the worth of New Era on a given historical date. On December 16, 2024 New was worth 3.58 at the beginning of the trading date compared to the closed value of 2.4. 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
  4.13    4.36    3.15    3.41    153,070  
12/16/2024
  3.58    3.58    2.40    2.40    327,813  
  2.72    3.30    2.21    3.15    619,337  
Backtest New Era  |  New Era History  PreviousNext  
Open Value
3.58
2.4
Closing Value
27.45
Upside

New Era Trading Date Momentum on December 16, 2024

On December 17 2024 New Era Helium was traded for  3.15  at the closing time. The top price for the day was 3.30  and the lowest listed price was  2.21 . The trading volume for the day was 619.3 K. The trading history from December 17, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 31.25% . The trading delta at closing time against the current closing price is 13.33% .

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.
A focus of New Era technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of New Era trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

New Era Period Price Range

Low
December 19, 2024
0.00  NaN%
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 19, 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.

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.
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Dashboard
Portfolio dashboard that provides centralized access to all your investments
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios