Newport Gold Stock Analysis
| NWPG Stock | USD 0 0.0003 12.00% |
Newport Gold is overvalued with Real Value of 0.001722 and Hype Value of 0.002302. The main objective of Newport Gold pink sheet analysis is to determine its intrinsic value, which is an estimate of what Newport Gold is worth, separate from its market price. There are two main types of Newport Gold's stock analysis: fundamental analysis and technical analysis.
The Newport Gold pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Newport Gold's ongoing operational relationships across important fundamental and technical indicators.
Newport |
Newport Pink Sheet Analysis Notes
The company has price-to-book ratio of 0.68. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Newport Gold recorded a loss per share of 0.0. The entity had not issued any dividends in recent years. Newport Gold, Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral and energy properties primarily in Canada. Newport Gold, Inc. was founded in 2003 and is headquartered in Collingwood, Canada. Newport Gold is traded on OTC Exchange in the United States.The quote for Newport Gold is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Newport Gold contact Derek PEng at 905-542-4990 or learn more at https://www.newport.gold.Newport Gold Investment Alerts
| Newport Gold is way too risky over 90 days horizon | |
| Newport Gold has some characteristics of a very speculative penny stock | |
| Newport Gold appears to be risky and price may revert if volatility continues | |
| Newport Gold currently holds 34.24 K in liabilities. Newport Gold has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Newport Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Newport Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Newport Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newport to invest in growth at high rates of return. When we think about Newport Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (242.67 K) with loss before overhead, payroll, taxes, and interest of (21.18 K). | |
| Newport Gold currently holds about 6.29 K in cash with (59.81 K) of positive cash flow from operations. |
Newport Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 544.45 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newport Gold's market, we take the total number of its shares issued and multiply it by Newport Gold'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 March, Newport Gold secures the Mean Deviation of 3.37, standard deviation of 6.99, and Risk Adjusted Performance of 0.1593. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newport Gold, as well as the relationship between them. Please verify Newport Gold market risk adjusted performance, total risk alpha, as well as the relationship between the Total Risk Alpha and kurtosis to decide if Newport Gold is priced some-what accurately, providing market reflects its recent price of 0.0022 per share. As Newport Gold appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.Newport Gold Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Newport Gold 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 Newport Gold. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Newport Gold Predictive Daily Indicators
Newport Gold 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 Newport Gold pink sheet 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.88 | |||
| Day Median Price | 0.0022 | |||
| Day Typical Price | 0.0022 | |||
| Price Action Indicator | (0.0001) | |||
| Period Momentum Indicator | (0.0003) | |||
| Relative Strength Index | 60.48 |
Newport Gold Forecast Models
Newport Gold's time-series forecasting models are one of many Newport Gold's pink sheet 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 Newport Gold'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.About Newport Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Newport Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Newport shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Newport Gold. By using and applying Newport Pink Sheet analysis, traders can create a robust methodology for identifying Newport entry and exit points for their positions.
Newport Gold, Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral and energy properties primarily in Canada. Newport Gold, Inc. was founded in 2003 and is headquartered in Collingwood, Canada. Newport Gold is traded on OTC Exchange in the United States.
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Complementary Tools for Newport Pink Sheet analysis
When running Newport Gold's price analysis, check to measure Newport Gold'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 Newport Gold is operating at the current time. Most of Newport Gold's value examination focuses on studying past and present price action to predict the probability of Newport Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newport Gold's price. Additionally, you may evaluate how the addition of Newport Gold to your portfolios can decrease your overall portfolio volatility.
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