Newhydrogen Stock Performance
| NEWH Stock | USD 0 0.0003 10.00% |
The company secures a Beta (Market Risk) of 1.8, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Newhydrogen will likely underperform. At this point, Newhydrogen has a negative expected return of -0.16%. Please make sure to verify Newhydrogen's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Newhydrogen 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 Newhydrogen has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest fragile performance, the Stock's basic indicators remain strong and the recent confusion on Wall Street may also be a sign of long-lasting gains for the firm traders. ...more
| Begin Period Cash Flow | 63.5 K |
Newhydrogen |
Newhydrogen Relative Risk vs. Return Landscape
If you would invest 0.47 in Newhydrogen on September 16, 2024 and sell it today you would lose (0.14) from holding Newhydrogen or give up 29.79% of portfolio value over 90 days. Newhydrogen is currently does not generate positive expected returns and assumes 8.9961% risk (volatility on return distribution) over the 90 days horizon. In different words, 80% of pink sheets are less volatile than Newhydrogen, 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 |
Newhydrogen Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newhydrogen's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Newhydrogen, and traders can use it to determine the average amount a Newhydrogen'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 = -0.0183
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| Negative Returns | NEWH |
Estimated Market Risk
| 9.0 actual daily | 80 80% of assets are less volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Newhydrogen 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 Newhydrogen by adding Newhydrogen to a well-diversified portfolio.
Newhydrogen Fundamentals Growth
Newhydrogen Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Newhydrogen, and Newhydrogen fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Newhydrogen Pink Sheet performance.
| Return On Equity | -6.24 | |||
| Return On Asset | -3.9 | |||
| Current Valuation | 2.75 M | |||
| Shares Outstanding | 705.13 M | |||
| Price To Book | 5.21 X | |||
| EBITDA | 10.77 M | |||
| Cash And Equivalents | 5.78 M | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 100.11 K | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | 0 X | |||
| Cash Flow From Operations | (2.08 M) | |||
| Earnings Per Share | (0.06) X | |||
| Total Asset | 6.69 M | |||
About Newhydrogen Performance
By evaluating Newhydrogen's fundamental ratios, stakeholders can gain valuable insights into Newhydrogen's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Newhydrogen 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 Newhydrogen has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
NewHydrogen, Inc. engages in developing clean energy technologies. NewHydrogen, Inc. was incorporated in 2006 and is based in Santa Clarita, California. Newhydrogen operates under Solar classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about Newhydrogen performance evaluation
Checking the ongoing alerts about Newhydrogen for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Newhydrogen help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Newhydrogen generated a negative expected return over the last 90 days | |
| Newhydrogen has high historical volatility and very poor performance | |
| Newhydrogen has some characteristics of a very speculative penny stock | |
| Newhydrogen currently holds about 5.78 M in cash with (2.08 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
- Analyzing Newhydrogen'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 Newhydrogen's stock is overvalued or undervalued compared to its peers.
- Examining Newhydrogen'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 Newhydrogen's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newhydrogen's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Newhydrogen's pink sheet. These opinions can provide insight into Newhydrogen's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Newhydrogen Pink Sheet analysis
When running Newhydrogen's price analysis, check to measure Newhydrogen'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 Newhydrogen is operating at the current time. Most of Newhydrogen's value examination focuses on studying past and present price action to predict the probability of Newhydrogen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newhydrogen's price. Additionally, you may evaluate how the addition of Newhydrogen to your portfolios can decrease your overall portfolio volatility.
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