Newtopia Stock Price on December 3, 2024
NEWUF Stock | USD 0 0 60.71% |
If you're considering investing in Newtopia OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Newtopia stands at 0, as last reported on the 14th of December 2024, with the highest price reaching 0 and the lowest price hitting 0 during the day. Newtopia has Sharpe Ratio of -0.0839, which conveys that the firm had a -0.0839% return per unit of risk over the last 3 months. Newtopia exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newtopia's Mean Deviation of 3.79, standard deviation of 12.98, and Risk Adjusted Performance of (0.05) to check out the risk estimate we provide.
Newtopia OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Newtopia |
Sharpe Ratio = -0.0839
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Estimated Market Risk
12.98 actual daily | 96 96% of assets are less volatile |
Expected Return
-1.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newtopia 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 Newtopia by adding Newtopia to a well-diversified portfolio.
Newtopia Valuation on December 3, 2024
It is possible to determine the worth of Newtopia on a given historical date. On December 3, 2024 Newtopia was worth 0.0056 at the beginning of the trading date compared to the closed value of 0.0056. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newtopia otc stock. Still, in general, we apply an absolute valuation method to find Newtopia'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 Newtopia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newtopia's related companies.
Open | High | Low | Close | Volume | |
0.01 | 0.01 | 0.01 | 0.01 | 1.00 | |
12/03/2024 | 0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
0.01 | 0.01 | 0.01 | 0.01 | 1.00 |
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Newtopia Trading Date Momentum on December 3, 2024
On December 04 2024 Newtopia was traded for 0.01 at the closing time. The highest daily price throughout the period was 0.01 and the lowest price was 0.01 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 did not cause price change. The trading delta at closing time to current closing price is 60.71% . |
Newtopia Fundamentals Correlations and Trends
By evaluating Newtopia'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 Newtopia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newtopia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Newtopia OTC Stock history
Newtopia 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 Newtopia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newtopia 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 Newtopia stock prices may prove useful in developing a viable investing in Newtopia
Newtopia Inc., a health technology company, delivers disease prevention solutions. The company was incorporated in 2008 and is headquartered in Toronto, Canada. Newtopia is traded on OTC Exchange in the United States.
Newtopia OTC Stock Technical Analysis
Newtopia technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Newtopia Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Newtopia cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Newtopia December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Newtopia otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newtopia shares will generate the highest return on investment. By undertsting and applying Newtopia otc stock market strength indicators, traders can identify Newtopia entry and exit signals to maximize returns
Newtopia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Newtopia's price direction in advance. Along with the technical and fundamental analysis of Newtopia OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newtopia 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 | (0.05) | |||
Jensen Alpha | (1.04) | |||
Total Risk Alpha | (2.71) | |||
Treynor Ratio | 1.75 |
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Complementary Tools for Newtopia OTC Stock analysis
When running Newtopia's price analysis, check to measure Newtopia'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 Newtopia is operating at the current time. Most of Newtopia's value examination focuses on studying past and present price action to predict the probability of Newtopia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newtopia's price. Additionally, you may evaluate how the addition of Newtopia to your portfolios can decrease your overall portfolio volatility.
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