New Fortress Energy Stock Performance
| NFE Stock | USD 13.29 0.19 1.45% |
On a scale of 0 to 100, New Fortress holds a performance score of 6. The company secures a Beta (Market Risk) of 2.38, 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, New Fortress will likely underperform. Please check New Fortress' value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether New Fortress' current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in New Fortress Energy are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile technical and fundamental indicators, New Fortress exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 0.69 | Five Day Return 7.38 | Year To Date Return (64.79) | Ten Year Return 0.23 | All Time Return 0.23 |
Forward Dividend Yield 0.0305 | Payout Ratio 0.292 | Last Split Factor 1:1 | Forward Dividend Rate 0.4 | Dividend Date 2024-06-27 |
| New Fortress dividend paid on 27th of September 2024 | 09/27/2024 |
1 | New Fortress Energy Inc. Shares Acquired by X Square Capital LLC | 10/24/2024 |
2 | Shareholders that lost money on New Fortress Energy Inc. Urged to Join Class Action - Contact Levi Korsinsky to Learn More | 11/04/2024 |
3 | The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against New Fortress Energy Inc. | 11/14/2024 |
4 | Levi Korsinsky Notifies New Fortress Energy Inc. Investors of a Class Action Lawsuit and Upcoming Deadline - NFE | 11/15/2024 |
5 | NFE LAWSUIT ALERT Levi Korsinsky Notifies New Fortress Energy Inc. Investors of a Class Action Lawsuit and Upcoming Deadline | 11/18/2024 |
6 | Levi Korsinsky Reminds New Fortress Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of November 18, 2024 - NFE | 11/19/2024 |
7 | New Jersey Resources Reports Fiscal 2024 Fourth-Quarter and Year-End Results | 11/25/2024 |
8 | Disposition of 19693 shares by Rotolo Jonathan of New Fortress at 41.52 subject to Rule 16b-3 | 11/29/2024 |
9 | New Fortress Energy Analysts See 60 percent Upside for Stock Near 52-Week Low | 12/02/2024 |
10 | New Fortress Energy Investors Cheer Potential Asset Sales And Higher LNG Prices - Hold - Seeking Alpha | 12/06/2024 |
11 | Acquisition by Jay Timothy W. of 1000 shares of New Fortress at 28.0 subject to Rule 16b-3 | 12/09/2024 |
12 | New Fortress Energy Inc. Shares Sold by Duff Phelps Investment Management Co. | 12/10/2024 |
| Begin Period Cash Flow | 855.1 M |
New |
New Fortress Relative Risk vs. Return Landscape
If you would invest 1,081 in New Fortress Energy on September 12, 2024 and sell it today you would earn a total of 229.00 from holding New Fortress Energy or generate 21.18% return on investment over 90 days. New Fortress Energy is generating 0.4242% of daily returns assuming volatility of 4.9198% on return distribution over 90 days investment horizon. In other words, 43% of stocks are less volatile than New, and above 92% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
New Fortress Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Fortress' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Fortress Energy, and traders can use it to determine the average amount a New Fortress' 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 = 0.0862
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Estimated Market Risk
| 4.92 actual daily | 43 57% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average New Fortress is performing at about 6% of its full potential. 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 Fortress by adding it to a well-diversified portfolio.
New Fortress Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Fortress, and New Fortress 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 New Stock performance.
| Return On Equity | 0.15 | ||||
| Return On Asset | 0.0456 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 11.8 B | ||||
| Shares Outstanding | 251.42 M | ||||
| Price To Earning | 52.19 X | ||||
| Price To Book | 2.09 X | ||||
| Price To Sales | 1.36 X | ||||
| Revenue | 2.41 B | ||||
| Gross Profit | 1.28 B | ||||
| EBITDA | 1.13 B | ||||
| Net Income | 547.88 M | ||||
| Cash And Equivalents | 138.33 M | ||||
| Cash Per Share | 0.67 X | ||||
| Total Debt | 7.37 B | ||||
| Debt To Equity | 2.19 % | ||||
| Current Ratio | 1.24 X | ||||
| Book Value Per Share | 7.61 X | ||||
| Cash Flow From Operations | 824.76 M | ||||
| Earnings Per Share | 0.91 X | ||||
| Market Capitalization | 3.29 B | ||||
| Total Asset | 10.5 B | ||||
| Retained Earnings | 527.99 M | ||||
| Working Capital | (726.32 M) | ||||
| Current Asset | 173.43 M | ||||
| Current Liabilities | 103.85 M | ||||
About New Fortress Performance
By analyzing New Fortress' fundamental ratios, stakeholders can gain valuable insights into New Fortress' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if New Fortress 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 Fortress has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 32.49 | 55.15 | |
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.10 | 0.11 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.33 | 0.35 |
Things to note about New Fortress Energy performance evaluation
Checking the ongoing alerts about New Fortress for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Fortress Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Fortress Energy had very high historical volatility over the last 90 days | |
| About 43.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: New Fortress Energy Inc. Shares Sold by Duff Phelps Investment Management Co. |
- Analyzing New Fortress' 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 Fortress' stock is overvalued or undervalued compared to its peers.
- Examining New Fortress' 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 Fortress' management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Fortress' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Fortress' stock. These opinions can provide insight into New Fortress' potential for growth and whether the stock is currently undervalued or overvalued.
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When running New Fortress' price analysis, check to measure New Fortress' 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 Fortress is operating at the current time. Most of New Fortress' value examination focuses on studying past and present price action to predict the probability of New Fortress' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Fortress' price. Additionally, you may evaluate how the addition of New Fortress to your portfolios can decrease your overall portfolio volatility.
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