New Tech Minerals Stock Price on June 23, 2022
| APCOF Stock | USD 0.04 0 5.75% |
If you're considering investing in New Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of New Tech stands at 0.04, as last reported on the 24th of April, with the highest price reaching 0.04 and the lowest price hitting 0.04 during the day. New Tech appears to be out of control, given 3 months investment horizon. New Tech Minerals has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing New Tech's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please exercise New Tech's Standard Deviation of 7.38, risk adjusted performance of 0.0823, and Mean Deviation of 3.19 to check out if our risk estimates are consistent with your expectations.
New Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
New |
Sharpe Ratio = 0.1173
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Estimated Market Risk
| 7.38 actual daily | 65 65% of assets are less volatile |
Expected Return
| 0.87 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average New Tech is performing at about 9% 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 New Tech by adding it to a well-diversified portfolio.
New Tech Valuation on June 23, 2022
It is possible to determine the worth of New Tech on a given historical date. On June 23, 2022 New was worth 0.0383 at the beginning of the trading date compared to the closed value of 0.0383. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of New Tech pink sheet. Still, in general, we apply an absolute valuation method to find New Tech's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of New Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against New Tech's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
06/23/2022 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| Backtest New Tech | | | New Tech History | | | New Tech Valuation | Previous | Next |
New Tech Trading Date Momentum on June 23, 2022
| On June 24 2022 New Tech Minerals was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 06/24/2022 did not cause price change. The trading delta at closing time to current closing price is 0.52% . |
New Tech Minerals Fundamentals Correlations and Trends
By evaluating New Tech's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among New Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. New financial account trend analysis is a perfect complement when working with valuation or volatility modules.About New Tech Pink Sheet history
New Tech investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for New is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in New Tech Minerals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing New Tech stock prices may prove useful in developing a viable investing in New Tech
American Potash Corp. engages in the acquisition and development of potash, lithium, cobalt, vanadium, and bromine mineral deposits in the United States and Mexico. American Potash Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada. American Potash is traded on OTC Exchange in the United States.
New Tech Pink Sheet Technical Analysis
New Tech technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
New Tech Period Price Range
Low | June 23, 2022
| High |
0.04 | 0.04 |
New Tech April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how New Tech pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading New Tech shares will generate the highest return on investment. By undertsting and applying New Tech pink sheet market strength indicators, traders can identify New Tech Minerals entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.0383 | |||
| Day Typical Price | 0.0383 | |||
| Period Momentum Indicator | (0.0006) | |||
| Relative Strength Index | 63.66 |
New Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for New Tech's price direction in advance. Along with the technical and fundamental analysis of New Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of New to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0823 | |||
| Jensen Alpha | 0.9241 | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (1.06) |
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| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in New Tech Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for New Pink Sheet analysis
When running New Tech's price analysis, check to measure New Tech's 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 New Tech is operating at the current time. Most of New Tech's value examination focuses on studying past and present price action to predict the probability of New Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Tech's price. Additionally, you may evaluate how the addition of New Tech to your portfolios can decrease your overall portfolio volatility.
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