Newtek Business Services Stock Technical Analysis
As of the 13th of December 2024, Newtek Business secures the Mean Deviation of 0.0491, risk adjusted performance of 0.2186, and Coefficient Of Variation of 234.63. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newtek Business Services, as well as the relationship between them. Please verify Newtek Business Services treynor ratio and semi variance to decide if Newtek Business Services is priced some-what accurately, providing market reflects its recent price of 0.0 per share.
Newtek Business Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Newtek, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewtekNewtek |
Newtek Business technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Newtek Business Services Technical Analysis
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Newtek Business Services Trend Analysis
Use this graph to draw trend lines for Newtek Business Services. You can use it to identify possible trend reversals for Newtek Business as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Newtek Business price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Newtek Business Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Newtek Business Services applied against its price change over selected period. The best fit line has a slop of 0.03 , which may suggest that Newtek Business Services market price will keep on failing further. It has 122 observation points and a regression sum of squares at 38.46, which is the sum of squared deviations for the predicted Newtek Business price change compared to its average price change.About Newtek Business Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Newtek Business Services on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Newtek Business Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Newtek Business Services price pattern first instead of the macroeconomic environment surrounding Newtek Business Services. By analyzing Newtek Business's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Newtek Business's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Newtek Business specific price patterns or momentum indicators. Please read more on our technical analysis page.
Newtek Business December 13, 2024 Technical Indicators
Most technical analysis of Newtek help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Newtek from various momentum indicators to cycle indicators. When you analyze Newtek charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.2186 | |||
Market Risk Adjusted Performance | (5.03) | |||
Mean Deviation | 0.0491 | |||
Downside Deviation | 0.0976 | |||
Coefficient Of Variation | 234.63 | |||
Standard Deviation | 0.0719 | |||
Variance | 0.0052 | |||
Information Ratio | (1.13) | |||
Jensen Alpha | 0.0211 | |||
Total Risk Alpha | 0.0106 | |||
Sortino Ratio | (0.83) | |||
Treynor Ratio | (5.04) | |||
Maximum Drawdown | 0.4485 | |||
Value At Risk | (0.04) | |||
Potential Upside | 0.1625 | |||
Downside Variance | 0.0095 | |||
Semi Variance | (0.03) | |||
Expected Short fall | (0.07) | |||
Skewness | 0.1482 | |||
Kurtosis | 3.04 |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Other Consideration for investing in Newtek Stock
If you are still planning to invest in Newtek Business Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newtek Business' history and understand the potential risks before investing.
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