Newpark Resources Stock Forecast - Accumulation Distribution
| NR Stock | USD 7.51 0.09 1.21% |
Newpark Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Newpark Resources stock prices and determine the direction of Newpark Resources's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Newpark Resources' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Newpark Resources' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Newpark Resources' systematic risk associated with finding meaningful patterns of Newpark Resources fundamentals over time.
Check out Historical Fundamental Analysis of Newpark Resources to cross-verify your projections. Newpark |
Open Interest Against 2024-04-19 Newpark Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Newpark Resources' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Newpark Resources' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Newpark Resources stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Newpark Resources' open interest, investors have to compare it to Newpark Resources' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Newpark Resources is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Newpark. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Newpark Resources cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Newpark Resources' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Newpark Resources' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Newpark Resources is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Newpark Resources to determine if accumulation or reduction is taking place in the market. This value is adjusted by Newpark Resources trading volume to give more weight to distributions with higher volume over lower volume.| Check Newpark Resources Volatility | Backtest Newpark Resources | Information Ratio |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Newpark Resources to competition |
Other Forecasting Options for Newpark Resources
For every potential investor in Newpark, whether a beginner or expert, Newpark Resources' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Newpark Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Newpark. Basic forecasting techniques help filter out the noise by identifying Newpark Resources' price trends.Newpark Resources Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Newpark Resources stock to make a market-neutral strategy. Peer analysis of Newpark Resources could also be used in its relative valuation, which is a method of valuing Newpark Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Newpark Resources Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Newpark Resources' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Newpark Resources' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Newpark Resources Market Strength Events
Market strength indicators help investors to evaluate how Newpark Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Newpark Resources shares will generate the highest return on investment. By undertsting and applying Newpark Resources stock market strength indicators, traders can identify Newpark Resources entry and exit signals to maximize returns.
Newpark Resources Risk Indicators
The analysis of Newpark Resources' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Newpark Resources' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting newpark stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.63 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.04 | |||
| Downside Variance | 3.75 | |||
| Semi Variance | 2.66 | |||
| Expected Short fall | (1.77) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Newpark Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Newpark Resources' short interest history, or implied volatility extrapolated from Newpark Resources options trading.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Newpark Resources to cross-verify your projections. To learn how to invest in Newpark Stock, please use our How to Invest in Newpark Resources guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
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.
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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.