Newmarket Stock Performance
| NEU Stock | USD 551.15 5.76 1.03% |
The company secures a Beta (Market Risk) of 0.76, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, NewMarket's returns are expected to increase less than the market. However, during the bear market, the loss of holding NewMarket is expected to be smaller as well. NewMarket has an expected return of -0.14%. Please make sure to verify NewMarket value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if NewMarket performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days NewMarket has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest conflicting performance, the Stock's technical and fundamental indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
Actual Historical Performance (%)
One Day Return (1.03) | Five Day Return (2.63) | Year To Date Return 0.63 | Ten Year Return 43.66 | All Time Return 7 K |
Forward Dividend Yield 0.018 | Payout Ratio 0.2285 | Last Split Factor 1:5 | Forward Dividend Rate 10 | Dividend Date 2024-07-01 |
1 | NewMarket Is Paying Out A Larger Dividend Than Last Year | 02/26/2024 |
2 | Disposition of tradable shares by Gail Ridgeway of NewMarket at 636.31 subject to Rule 16b-3 | 02/27/2024 |
3 | Disposition of 216 shares by Thomas Gottwald of NewMarket at 632.0 subject to Rule 16b-3 | 03/06/2024 |
4 | 10k of savings Id buy these ASX 200 shares to grow my money | 03/11/2024 |
| NewMarket dividend paid on 1st of April 2024 | 04/01/2024 |
5 | Arizona State Retirement System Lowers Holdings in NewMarket Co. - Defense World | 04/16/2024 |
6 | Lacklustre Performance Is Driving NewMarket Corporations Low PE | 04/26/2024 |
7 | NewMarket Corporation Q1 2024 Earnings Call Transcript | 04/30/2024 |
8 | Apples quarterly iPhone sales plunge 10, but stock price surges - NewmarketToday.ca | 05/02/2024 |
9 | International Assets Investment Management LLC Purchases 21248 Shares of NewMarket Co. - Defense World | 05/06/2024 |
10 | Top ASX biotechs catching the eye of analysts and fund managers in 2024 Part 2 | 05/09/2024 |
11 | ScoPos Powerplays ASX health stocks rise as Polynovo achieves record 10m revenue month | 05/10/2024 |
12 | ASX Small Caps Lunch Wrap Whos been busted making cheap Chinese knock-offs this week | 05/14/2024 |
13 | ASX Small Caps Lunch Wrap Whose flashed boobies have ruined the fun for everyone this week | 05/15/2024 |
| Begin Period Cash Flow | 68.7 M |
NewMarket |
NewMarket Relative Risk vs. Return Landscape
If you would invest 60,666 in NewMarket on February 18, 2024 and sell it today you would lose (5,551) from holding NewMarket or give up 9.15% of portfolio value over 90 days. NewMarket is generating negative expected returns assuming volatility of 1.4057% on return distribution over 90 days investment horizon. In other words, 12% of stocks are less volatile than NewMarket, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
NewMarket Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NewMarket's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NewMarket, and traders can use it to determine the average amount a NewMarket'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 = -0.1011
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NEU |
Estimated Market Risk
| 1.41 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average NewMarket 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 NewMarket by adding NewMarket to a well-diversified portfolio.
NewMarket Fundamentals Growth
NewMarket Stock prices reflect investors' perceptions of the future prospects and financial health of NewMarket, and NewMarket 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 NewMarket Stock performance.
| Return On Equity | 0.4 | ||||
| Return On Asset | 0.12 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 6.58 B | ||||
| Shares Outstanding | 9.59 M | ||||
| Price To Earning | 13.63 X | ||||
| Price To Book | 5.28 X | ||||
| Price To Sales | 2.11 X | ||||
| Revenue | 2.7 B | ||||
| Gross Profit | 640.5 M | ||||
| EBITDA | 483.05 M | ||||
| Net Income | 388.86 M | ||||
| Cash And Equivalents | 68.71 M | ||||
| Cash Per Share | 7.29 X | ||||
| Total Debt | 733.6 M | ||||
| Debt To Equity | 1.61 % | ||||
| Current Ratio | 2.76 X | ||||
| Book Value Per Share | 120.10 X | ||||
| Cash Flow From Operations | 576.82 M | ||||
| Earnings Per Share | 41.60 X | ||||
| Market Capitalization | 5.34 B | ||||
| Total Asset | 2.31 B | ||||
| Retained Earnings | 1.1 B | ||||
| Working Capital | 675.41 M | ||||
| Current Asset | 768.39 M | ||||
| Current Liabilities | 263.68 M | ||||
About NewMarket Performance
To evaluate NewMarket Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when NewMarket generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare NewMarket Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand NewMarket market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents NewMarket's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 86.47 | 63.18 | |
| Return On Tangible Assets | 0.18 | 0.19 | |
| Return On Capital Employed | 0.25 | 0.14 | |
| Return On Assets | 0.17 | 0.18 | |
| Return On Equity | 0.36 | 0.22 |
Things to note about NewMarket performance evaluation
Checking the ongoing alerts about NewMarket for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NewMarket help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NewMarket generated a negative expected return over the last 90 days | |
| About 63.0% of the company shares are owned by institutional investors | |
| On 1st of April 2024 NewMarket paid $ 2.5 per share dividend to its current shareholders | |
| Latest headline from stockhead.com.au: ASX Small Caps Lunch Wrap Whose flashed boobies have ruined the fun for everyone this week |
- Analyzing NewMarket'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 NewMarket's stock is overvalued or undervalued compared to its peers.
- Examining NewMarket'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 NewMarket's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NewMarket's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NewMarket's stock. These opinions can provide insight into NewMarket'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, which includes a position in NewMarket. 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. For more information on how to buy NewMarket Stock please use our How to Invest in NewMarket guide.Note that the NewMarket information on this page should be used as a complementary analysis to other NewMarket'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for NewMarket Stock analysis
When running NewMarket's price analysis, check to measure NewMarket'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 NewMarket is operating at the current time. Most of NewMarket's value examination focuses on studying past and present price action to predict the probability of NewMarket's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NewMarket's price. Additionally, you may evaluate how the addition of NewMarket to your portfolios can decrease your overall portfolio volatility.
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Is NewMarket's 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 NewMarket. If investors know NewMarket 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 NewMarket 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 0.114 | Dividend Share 9.25 | Earnings Share 41.6 | Revenue Per Share 281.584 | Quarterly Revenue Growth (0.01) |
The market value of NewMarket is measured differently than its book value, which is the value of NewMarket that is recorded on the company's balance sheet. Investors also form their own opinion of NewMarket's value that differs from its market value or its book value, called intrinsic value, which is NewMarket's 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 NewMarket's market value can be influenced by many factors that don't directly affect NewMarket's 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 NewMarket's value and its price as these two are different measures arrived at by different means. Investors typically determine if NewMarket is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NewMarket's 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.