Newpark Resources Performance

NR -- USA Stock  

USD 10.25  0.10  0.97%

Macroaxis gives Newpark Resources performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of 0.0 which conveys that the returns on MARKET and Newpark Resources are completely uncorrelated. Even though it is essential to pay attention to Newpark Resources price patterns, it is always good to be careful when utilizing equity historical price patterns. Macroaxis philosophy towards estimating future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Newpark Resources exposes twenty-eight different technical indicators which can help you to evaluate its performance. Newpark Resources has expected return of -0.0562%. Please be advised to verify Newpark Resources Sortino Ratio, Semi Variance as well as the relationship between Semi Variance and Rate Of Daily Change to decide if Newpark Resources past performance will be repeated at some point in the near future.
 Time Horizon     30 Days    Login   to change

Newpark Resources Relative Risk vs. Return Landscape

If you would invest  1,050  in Newpark Resources on May 22, 2018 and sell it today you would lose (15.00)  from holding Newpark Resources or give up 1.43% of portfolio value over 30 days. Newpark Resources is generating negative expected returns and assumes 1.3813% volatility on return distribution over the 30 days horizon. Put differently, 12% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% of equities are expected to be superior in generating returns on investments over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 30-days total investment horizon, Newpark Resources is expected to under-perform the market. In addition to that, the company is 2.39 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of volatility.

Newpark Resources Market Risk Analysis

Sharpe Ratio = -0.0407
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Newpark Resources Relative Performance Indicators

Estimated Market Risk
  actual daily
 88 %
of total potential
Expected Return
  actual daily
 1 %
of total potential
Risk-Adjusted Return
  actual daily
 1 %
of total potential
Based on monthly moving average Newpark Resources is performing at about 0% of its full potential. 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 it to a well-diversified portfolio.

Performance Rating

Newpark Resources Risk Adjusted Performance Analysis

Risk-Adjusted Performance

Over the last 30 days Newpark Resources has generated negative risk-adjusted returns adding no value to investors with long positions.

Newpark Resources Alerts

Equity Alerts and Improvement Suggestions
Newpark Resources generates negative expected return over the last 30 days
Newpark Resources has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its debt commitments
Over 100.0% of the company shares are owned by institutional investors
Latest headline from Trimble Holder Telemark Asset Management Has Cut Position by 5.25 Million as Share Price Declined As ...
Please see also Stocks Correlation. Please also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.