Allowing for the 30-days total investment horizon, and your above average risk tolerance our recommendation regarding Newpark Resources is 'Strong Hold'. Macroaxis provides Newpark Resources buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Newpark Resources positions. The advice algorithm takes into account all of Newpark Resources available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Newpark Resources buy-and-hold prospective. Please see also Newpark Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with current analyst consensus.
Newpark Resources Current RecommendationFor the selected time horizon Newpark Resources has a risk adjusted performance of 0.01, jensen alpha of 0.0, total risk alpha of 0.0, sortino ratio of 0.0895 and treynor ratio of 0.0This buy, hold, or sell recommendation tool can be used to cross verify current analyst consensus on Newpark Resources and to analyze the entity potential to grow in the current economic cycle. To make sure Newpark Resources is not overpriced, please verify all Newpark Resources fundamentals including its Book Value Per Share, and the relationship between Net Income and Beta . Given that Newpark Resources has Number of Shares Shorted of 5.22 M, we recommend you check Newpark Resources market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your last-minute risk tolerance and investing horizon.
Newpark Resources Thematic Classifications
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Newpark Resources Volatility Alert
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