New Era Helium Stock Performance
| NEHC Stock | 3.01 0.14 4.44% |
The company secures a Beta (Market Risk) of 0.95, which conveys possible diversification benefits within a given portfolio. New Era returns are very sensitive to returns on the market. As the market goes up or down, New Era is expected to follow. At this point, New Era Helium has a negative expected return of -1.7%. Please make sure to verify New Era's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if New Era Helium performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days New Era Helium has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's technical indicators remain rather sound which may send shares a bit higher in January 2025. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
1 | New Era Helium and Sharon AI Expand and Accelerate Plans for a Net-Zero Energy Data Center in the Permian Basin | 12/11/2024 |
2 | New Era Helium Inc. to Present at the Microcap Conference | 12/17/2024 |
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New Era Relative Risk vs. Return Landscape
If you would invest 1,124 in New Era Helium on September 19, 2024 and sell it today you would lose (823.04) from holding New Era Helium or give up 73.22% of portfolio value over 90 days. New Era Helium is currently does not generate positive expected returns and assumes 7.9021% risk (volatility on return distribution) over the 90 days horizon. In different words, 70% of stocks are less volatile than New, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
New Era Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Era's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Era Helium, and traders can use it to determine the average amount a New Era's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.2147
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEHC |
Estimated Market Risk
| 7.9 actual daily | 70 70% of assets are less volatile |
Expected Return
| -1.7 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.
About New Era Performance
By analyzing New Era's fundamental ratios, stakeholders can gain valuable insights into New Era's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if New Era has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if New Era has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
New Era is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about New Era Helium performance evaluation
Checking the ongoing alerts about New Era for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Era Helium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Era Helium generated a negative expected return over the last 90 days | |
| New Era Helium has high historical volatility and very poor performance | |
| Latest headline from finance.yahoo.com: New Era Helium Inc. to Present at the Microcap Conference |
- Analyzing New Era's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether New Era's stock is overvalued or undervalued compared to its peers.
- Examining New Era's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating New Era's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Era's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Era's stock. These opinions can provide insight into New Era's potential for growth and whether the stock is currently undervalued or overvalued.
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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