NEW MILLENNIUM (Germany) Analysis
| 36N Stock | EUR 7.65 0.30 3.77% |
NEW MILLENNIUM IRON is overvalued with Real Value of 6.98 and Hype Value of 7.65. The main objective of NEW MILLENNIUM stock analysis is to determine its intrinsic value, which is an estimate of what NEW MILLENNIUM IRON is worth, separate from its market price. There are two main types of NEW MILLENNIUM's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect NEW MILLENNIUM's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of NEW MILLENNIUM's stock to identify patterns and trends that may indicate its future price movements.
The NEW MILLENNIUM stock is traded in Germany on Berlin Exchange, with the market opening at 08:00:00 and closing at 20:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and NEW MILLENNIUM's ongoing operational relationships across important fundamental and technical indicators.
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NEW Stock Analysis Notes
The company had not issued any dividends in recent years. NEW MILLENNIUM IRON had 3:1 split on the 23rd of May 2023.NEW MILLENNIUM IRON Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. NEW MILLENNIUM's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding NEW MILLENNIUM IRON or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| NEW MILLENNIUM IRON has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (11.93 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NEW MILLENNIUM generates negative cash flow from operations |
NEW MILLENNIUM Thematic Classifications
In addition to having NEW MILLENNIUM stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | IronSteel and Iron production |
NEW Market Capitalization
The company currently falls under '' category with a current market capitalization of 0. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NEW MILLENNIUM's market, we take the total number of its shares issued and multiply it by NEW MILLENNIUM's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 20th of January, NEW MILLENNIUM secures the Market Risk Adjusted Performance of 0.4066, mean deviation of 1.86, and Risk Adjusted Performance of 0.0435. NEW MILLENNIUM IRON technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify NEW MILLENNIUM IRON jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if NEW MILLENNIUM IRON is priced more or less accurately, providing market reflects its recent price of 7.65 per share.NEW MILLENNIUM IRON Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NEW MILLENNIUM middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NEW MILLENNIUM IRON. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
NEW MILLENNIUM Predictive Daily Indicators
NEW MILLENNIUM intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NEW MILLENNIUM stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
NEW MILLENNIUM Forecast Models
NEW MILLENNIUM's time-series forecasting models are one of many NEW MILLENNIUM's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NEW MILLENNIUM's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding NEW MILLENNIUM to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for NEW Stock analysis
When running NEW MILLENNIUM's price analysis, check to measure NEW MILLENNIUM'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 MILLENNIUM is operating at the current time. Most of NEW MILLENNIUM's value examination focuses on studying past and present price action to predict the probability of NEW MILLENNIUM'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 MILLENNIUM's price. Additionally, you may evaluate how the addition of NEW MILLENNIUM to your portfolios can decrease your overall portfolio volatility.
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