New Zealand Refining Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and New Zealand are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days New Zealand Refining has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong technical and fundamental indicators, New Zealand is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
| Quick Ratio | 0.17 | |
| Fifty Two Week Low | 1.2800 | |
| Fifty Two Week High | 4.3500 |
New |
New Zealand Relative Risk vs. Return Landscape
If you would invest (100.00) in New Zealand Refining on January 25, 2024 and sell it today you would earn a total of 100.00 from holding New Zealand Refining or generate -100.0% return on investment over 90 days. New Zealand Refining is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than New, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
New Zealand Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Zealand's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as New Zealand Refining, and traders can use it to determine the average amount a New Zealand's 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 = 0.0
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Based on monthly moving average New Zealand 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 New Zealand by adding New Zealand to a well-diversified portfolio.
New Zealand Fundamentals Growth
New Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of New Zealand, and New Zealand 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 New Pink Sheet performance.
| Return On Equity | -104.33 | |||
| Return On Asset | -0.66 | |||
| Profit Margin | (237.19) % | |||
| Operating Margin | (5.28) % | |||
| Current Valuation | 427.22 M | |||
| Shares Outstanding | 186.11 M | |||
| Price To Earning | 11.29 X | |||
| Price To Book | 0.49 X | |||
| Price To Sales | 1.13 X | |||
| Revenue | 232.99 M | |||
| EBITDA | 70.36 M | |||
| Cash And Equivalents | 16.07 M | |||
| Cash Per Share | 0.09 X | |||
| Total Debt | 202.1 M | |||
| Debt To Equity | 0.41 % | |||
| Book Value Per Share | 2.67 X | |||
| Cash Flow From Operations | 34.7 M | |||
| Earnings Per Share | (2.27) X | |||
Things to note about New Zealand Refining performance evaluation
Checking the ongoing alerts about New Zealand for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for New Zealand Refining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Zealand Refining is not yet fully synchronised with the market data | |
| New Zealand Refining has some characteristics of a very speculative penny stock | |
| New Zealand Refining has a very high chance of going through financial distress in the upcoming years | |
| The company has accumulated 202.1 M in total debt with debt to equity ratio (D/E) of 0.41, which is about average as compared to similar companies. New Zealand Refining has a current ratio of 0.64, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist New Zealand until it has trouble settling it off, either with new capital or with free cash flow. So, New Zealand's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like New Zealand Refining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Zealand's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 232.99 M. Net Loss for the year was (552.63 M) with profit before overhead, payroll, taxes, and interest of 142.67 M. |
- Analyzing New Zealand's 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 New Zealand's stock is overvalued or undervalued compared to its peers.
- Examining New Zealand's 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 New Zealand's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Zealand's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Zealand's pink sheet. These opinions can provide insight into New Zealand's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the New Zealand Refining information on this page should be used as a complementary analysis to other New Zealand's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Other Consideration for investing in New Pink Sheet
If you are still planning to invest in New Zealand Refining 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 New Zealand's history and understand the potential risks before investing.
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