|Newpark Resources Inc -- USA Stock|| |
USD 8.50 0.15 1.73%
Macroaxis gives Newpark Resources performance score of 0 on a scale of 0 to 100. The company secures Beta (Market Risk) of -0.5475 which conveys that as returns on market increase, returns on owning Newpark Resources are expected to decrease at a much smaller rate. During bear market, Newpark Resources is likely to outperform the market.. Even though it is essential to pay attention to Newpark Resources Inc 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-one different technical indicators which can help you to evaluate its performance. Newpark Resources Inc
has expected return of -0.416%. Please be advised to verify Newpark Resources Inc Jensen Alpha
and Semi Variance
to decide if Newpark Resources Inc
past performance will be repeated at some point in the near future.
Newpark Resources Inc Relative Risk vs. Return Landscape
If you would invest 945.00
in Newpark Resources Inc on January 26, 2018
and sell it today you would lose (80.00)
from holding Newpark Resources Inc or give up 8.47%
of portfolio value over 30
days. Newpark Resources Inc is generating negative expected returns and assumes 2.2969% volatility on return distribution over the 30 days horizon. Put differently, 21% 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 (%)
Allowing for the 30-days total investment horizon, Newpark Resources Inc is expected to under-perform the market. In addition to that, the company is 1.29 times more volatile than its market benchmark. It trades about -0.18 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.13 per unit of volatility.
Based on recorded statements Newpark Resources Inc has Operating Margin of 4.2%. This is 117.41% lower than that of the Basic Materials sector, and 122.21% lower than that of Oil and Gas Equipment and Services
industry, The Operating Margin for all stocks is 138.5% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Newpark Resources Daily Price Distribution
The median price of Newpark Resources for the period between Fri, Jan 26, 2018 and Sun, Feb 25, 2018 is 8.5 with a coefficient of variation of 5.87. The daily time series for the period is distributed with a sample standard deviation of 0.51, arithmetic mean of 8.63, and mean deviation of 0.42. The Stock received some media coverage during the period.