Newtek Business Services Price on November 2, 2023

If you're considering investing in Newtek Stock, it is important to understand the factors that can impact its price. We have found twenty technical indicators for Newtek Business, which you can use to evaluate the volatility of the firm. Please verify Newtek Business' Risk Adjusted Performance of 0.2182, coefficient of variation of 234.63, and Mean Deviation of 0.0491 to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
Newtek Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Based on monthly moving average Newtek Business 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 Newtek Business by adding Newtek Business to a well-diversified portfolio.

Newtek Business Valuation on November 2, 2023

It is possible to determine the worth of Newtek Business on a given historical date. On November 2, 2023 Newtek was worth 23.4 at the beginning of the trading date compared to the closed value of 23.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newtek Business stock. Still, in general, we apply an absolute valuation method to find Newtek Business' 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 Newtek Business where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newtek Business' related companies.
 Open High Low Close Volume
  23.48    23.48    23.39    23.39    400.00  
11/02/2023
  23.40    23.44    23.40    23.41    1,700  
  23.46    23.46    23.39    23.44    1,700  
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Open Value
23.4
23.41
Closing Value
23.40
Upside

Newtek Business Trading Date Momentum on November 2, 2023

On November 03 2023 Newtek Business Services was traded for  23.44  at the closing time. The highest daily price throughout the period was 23.46  and the lowest price was  23.39 . The daily volume was 1.7 K. The net trading volume on 11/03/2023 added to the next day price upswing. The trading delta at closing time to closing price of the next trading day was 0.13% . The trading delta at closing time to current closing price is 0.68% .

Newtek Business Services Fundamentals Correlations and Trends

By evaluating Newtek Business' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Newtek Business' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newtek financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Newtek Business Stock history

Newtek Business 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 Newtek is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newtek Business Services 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 Newtek Business stock prices may prove useful in developing a viable investing in Newtek Business
Newtek Business Services Corp. is a business development company specializing in providing financial and business services to the small-and medium-sized business market in the United States. Newtek Business Services Corp., formerly known as Newtek Business Services Inc., was incorporated on August 26, 2013 and is headquartered in Lake Success, New York with additional offices in Garden City, New York Miami, Florida Milwaukee, Wisconsin New Orleans, Louisiana and New York, New York. Newtek Business is traded on BATS Exchange in USA.

Newtek Business Stock Technical Analysis

Newtek Business 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, delisted stock market cycles, or different charting patterns.
A focus of Newtek Business technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Newtek Business 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

Newtek Business Period Price Range

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Newtek Business Services 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.

Newtek Business December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Newtek Business stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newtek Business shares will generate the highest return on investment. By undertsting and applying Newtek Business stock market strength indicators, traders can identify Newtek Business Services entry and exit signals to maximize returns

Newtek Business Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Newtek Business' price direction in advance. Along with the technical and fundamental analysis of Newtek Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newtek 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.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Other Consideration for investing in Newtek Stock

If you are still planning to invest in Newtek Business Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newtek Business' history and understand the potential risks before investing.
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