Newpark Resources Stock Performance

NR Stock  USD 7.11  0.01  0.14%   
The company secures a Beta (Market Risk) of 0.87, which conveys possible diversification benefits within a given portfolio. Newpark Resources returns are very sensitive to returns on the market. As the market goes up or down, Newpark Resources is expected to follow. Although it is important to respect Newpark Resources price patterns, it is better to be realistic regarding the information on the equity's historical price patterns. Newpark Resources right now secures a risk of 1.99%. Please verify Newpark Resources sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change to decide if Newpark Resources will be following its current price movements.

Risk-Adjusted Performance

0 of 100

 
Low
 
High
Very Weak
Over the last 90 days Newpark Resources has generated negative risk-adjusted returns adding no value to investors with long positions. Even with relatively invariable basic indicators, Newpark Resources is not utilizing all of its potentials. The latest stock price agitation, may contribute to short-term losses for the retail investors. ...more

Actual Historical Performance (%)

One Day Return
(0.14)
Five Day Return
1.57
Year To Date Return
8.72
Ten Year Return
(37.08)
All Time Return
419.34
Last Split Factor
2:1
Ex Dividend Date
1983-02-11
Last Split Date
1997-11-28
1
Riverwater Partners LLC Purchases Shares of 32,226 Newpark Resources, Inc.
12/27/2023
2
Newpark Resources Set to Announce Earnings on Wednesday - MarketBeat
02/14/2024
3
Newpark Resources earnings missed by 0.04, revenue fell short of estimates
02/21/2024
4
Newpark Resources Shares Gap Down to 6.27
02/22/2024
5
Newpark Resources, Inc. Q4 2023 Earnings Call Transcript
02/23/2024
6
SG Capital Management LLC Purchases Shares of 252810 Newpark Resources, Inc. - MarketBeat
02/26/2024
7
Oilfield Chemicals Market Expected to Surge to USD 67.8 Billion by 2031, with 6.4 percent CAGR Transparency Market Research, Inc.
03/01/2024
8
Mike Hoques ambitious DFW projects mapped
03/05/2024
9
Roth Mkm Begins Coverage on Newpark Resources
03/11/2024
10
Acquisition by Gregg Piontek of 43791 shares of Newpark Resources subject to Rule 16b-3
03/18/2024
Begin Period Cash Flow25.1 M
  

Newpark Resources Relative Risk vs. Return Landscape

If you would invest  712.00  in Newpark Resources on December 20, 2023 and sell it today you would lose (1.00) from holding Newpark Resources or give up 0.14% of portfolio value over 90 days. Newpark Resources is generating 0.0172% of daily returns and assumes 1.9921% volatility on return distribution over the 90 days horizon. Put differently, 17% of stocks are less risky than Newpark on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Expected Return   
       Risk  
Allowing for the 90-day total investment horizon Newpark Resources is expected to generate 7.69 times less return on investment than the market. In addition to that, the company is 3.53 times more volatile than its market benchmark. It trades about 0.01 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

Newpark Resources Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Newpark Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Newpark Resources, and traders can use it to determine the average amount a Newpark Resources' 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 = 0.0086

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsNR

Estimated Market Risk

 1.99
  actual daily
17
83% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Newpark Resources is not performing at its full potential. However, 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 Newpark Resources by adding Newpark Resources to a well-diversified portfolio.

Newpark Resources Fundamentals Growth

Newpark Stock prices reflect investors' perceptions of the future prospects and financial health of Newpark Resources, and Newpark Resources 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 Newpark Stock performance.

About Newpark Resources Performance

To evaluate Newpark Resources Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Newpark Resources generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Newpark Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Newpark Resources market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Newpark's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Capital Employed 0.07  0.07 
Return On Assets 0.02  0.01 
Return On Equity 0.03  0.03 

Things to note about Newpark Resources performance evaluation

Checking the ongoing alerts about Newpark Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Newpark Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 83.0% of the company shares are owned by institutional investors
Latest headline from MacroaxisInsider: Acquisition by Gregg Piontek of 43791 shares of Newpark Resources subject to Rule 16b-3
Evaluating Newpark Resources' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Newpark Resources' stock performance include:
  • Analyzing Newpark Resources' 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 Newpark Resources' stock is overvalued or undervalued compared to its peers.
  • Examining Newpark Resources' 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 Newpark Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newpark Resources' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Newpark Resources' stock. These opinions can provide insight into Newpark Resources' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Newpark Resources' stock performance is not an exact science, and many factors can impact Newpark Resources' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Newpark Resources is a strong investment it is important to analyze Newpark Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newpark Resources' future performance. For an informed investment choice regarding Newpark Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newpark Resources. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Complementary Tools for Newpark Stock analysis

When running Newpark Resources' price analysis, check to measure Newpark Resources' 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 Newpark Resources is operating at the current time. Most of Newpark Resources' value examination focuses on studying past and present price action to predict the probability of Newpark Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newpark Resources' price. Additionally, you may evaluate how the addition of Newpark Resources to your portfolios can decrease your overall portfolio volatility.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Global Correlations
Find global opportunities by holding instruments from different markets
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Newpark Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newpark Resources. If investors know Newpark will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newpark Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.192
Earnings Share
0.16
Revenue Per Share
8.676
Quarterly Revenue Growth
(0.26)
Return On Assets
0.0342
The market value of Newpark Resources is measured differently than its book value, which is the value of Newpark that is recorded on the company's balance sheet. Investors also form their own opinion of Newpark Resources' value that differs from its market value or its book value, called intrinsic value, which is Newpark Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newpark Resources' market value can be influenced by many factors that don't directly affect Newpark Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newpark Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newpark Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newpark Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.