New Hope Stock Today
| NHPEF Stock | USD 3.01 0.05 1.69% |
Performance0 of 100
| Odds Of DistressLess than 9
|
New HopeLtd is trading at 3.01 as of the 25th of April 2024. This is a 1.69 percent increase since the beginning of the trading day. The stock's lowest day price was 2.96. New HopeLtd has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for New Hope are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
New Hope Corporation Limited explores for, develops, produces, and processes coal, and oil and gas properties. New Hope Corporation Limited was founded in 1952 and is headquartered in Brisbane, Australia. New Hope operates under Thermal Coal classification in the United States and is traded on OTC Exchange.. The company has 882.27 M outstanding shares. More on New Hope
Moving against New Pink Sheet
| 0.82 | MRLWF | Marlowe plc | PairCorr |
| 0.75 | KNTK | Kinetik Holdings Financial Report 1st of May 2024 | PairCorr |
| 0.73 | CCOZF | China Coal Energy | PairCorr |
| 0.72 | CUAEF | China Shenhua Energy | PairCorr |
| 0.66 | YZCAY | Yanzhou Coal Mining Earnings Call Tomorrow | PairCorr |
| 0.65 | PCGU | PGE Corp | PairCorr |
| 0.62 | ADOOY | Adaro Energy Tbk Earnings Call Today | PairCorr |
Follow Valuation Odds of Bankruptcy
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New Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. New HopeLtd's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New HopeLtd or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman | Robert Millner |
| Business Concentration | Thermal Coal, Energy (View all Sectors) |
New Hope [NHPEF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New HopeLtd's market, we take the total number of its shares issued and multiply it by New HopeLtd's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. New HopeLtd classifies itself under Energy sector and is part of Thermal Coal industry. The entity has 882.27 M outstanding shares.
New Hope has accumulated about 815.71 M in cash with 1.14 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.98.
Check New HopeLtd Probability Of Bankruptcy
Ownership AllocationNew HopeLtd maintains a total of 882.27 Million outstanding shares. 30% of New HopeLtd outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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New Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of New HopeLtd jumping above the current price in 90 days from now is about 74.75%. The New Hope probability density function shows the probability of New HopeLtd pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon New HopeLtd has a beta of 0.0593. This indicates as returns on the market go up, New HopeLtd average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding New Hope will be expected to be much smaller as well. Additionally, new Hope has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of New HopeLtd to move above the current price in 90 days from now is about 74.75 (This New Hope probability density function shows the probability of New Pink Sheet to fall within a particular range of prices over 90 days) .
New HopeLtd Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. New HopeLtd market risk premium is the additional return an investor will receive from holding New HopeLtd long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in New HopeLtd. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although New HopeLtd's alpha and beta are two of the key measurements used to evaluate New HopeLtd's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.49 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.44 | |||
| Risk Adjusted Performance | (0.03) |
New Stock Against Markets
Picking the right benchmark for New HopeLtd pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in New HopeLtd pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for New HopeLtd is critical whether you are bullish or bearish towards New Hope at a given time. Please also check how New HopeLtd's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in New HopeLtd without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
New HopeLtd Corporate Directors
New HopeLtd corporate directors refer to members of a New HopeLtd board of directors. The board of directors generally takes responsibility for the New HopeLtd's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of New HopeLtd's board members must vote for the resolution. The New HopeLtd board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| William Grant | Non-Executive Director | Profile | |
| Todd Barlow | Non-Executive Director | Profile | |
| Susan Palmer | Non-Executive Director | Profile | |
| Thomas Millner | Non-Executive Director | Profile |
How to buy New Pink Sheet?
Before investing in New HopeLtd, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in New HopeLtd. To buy New HopeLtd stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of New HopeLtd. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase New HopeLtd stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located New Hope stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased New Hope stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as New Hope, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in New Hope?
The danger of trading New Hope is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of New HopeLtd is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than New HopeLtd. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile New HopeLtd is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Hope. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the New HopeLtd information on this page should be used as a complementary analysis to other New HopeLtd'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 Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for New Pink Sheet analysis
When running New HopeLtd's price analysis, check to measure New HopeLtd'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 HopeLtd is operating at the current time. Most of New HopeLtd's value examination focuses on studying past and present price action to predict the probability of New HopeLtd'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 HopeLtd's price. Additionally, you may evaluate how the addition of New HopeLtd to your portfolios can decrease your overall portfolio volatility.
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