New Pacific Metals Advances Bolivian Silver Projects - TipRanks
| 3N7A Stock | EUR 1.16 0.01 0.85% |
Roughly 62% of NEW PACIFIC's investor base is looking to short. The analysis of current outlook of investing in NEW PACIFIC METALS suggests that many traders are alarmed regarding NEW PACIFIC's prospects. The current market sentiment, together with NEW PACIFIC's historical and current headlines, can help investors time the market. In addition, many technical investors use NEW PACIFIC METALS stock news signals to limit their universe of possible portfolio assets.
NEW PACIFIC stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of NEW daily returns and investor perception about the current price of NEW PACIFIC METALS as well as its diversification or hedging effects on your existing portfolios.
NEW |
New Pacific Metals Advances Bolivian Silver Projects TipRanks
Read at news.google.com
 |
NEW PACIFIC Fundamental Analysis
We analyze NEW PACIFIC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NEW PACIFIC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NEW PACIFIC based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
NEW PACIFIC is rated below average in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
NEW PACIFIC METALS Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NEW PACIFIC stock to make a market-neutral strategy. Peer analysis of NEW PACIFIC could also be used in its relative valuation, which is a method of valuing NEW PACIFIC by comparing valuation metrics with similar companies.
Peers
NEW PACIFIC Related Equities
| 2DG | SIVERS SEMICONDUCTORS | 13.04 | ||||
| 8SP | Superior Plus | 0.99 | ||||
| VUSA | Vanguard Funds | 0.11 | ||||
| 3N7A | NEW PACIFIC | 0.85 | ||||
| 3RKU | RYOHIN UNSPADR1 | 0.95 | ||||
| MEL | Meli Hotels | 1.07 | ||||
| NOH1 | Norsk Hydro | 3.14 | ||||
| RS6 | Reliance Steel | 3.20 |
Complementary Tools for NEW Stock analysis
When running NEW PACIFIC's price analysis, check to measure NEW PACIFIC'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 PACIFIC is operating at the current time. Most of NEW PACIFIC's value examination focuses on studying past and present price action to predict the probability of NEW PACIFIC'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 PACIFIC's price. Additionally, you may evaluate how the addition of NEW PACIFIC to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| 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 | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |