Newage Inc Performance

NBEVDelisted Stock  USD 0.01  0  400.00%   
The company secures a Beta (Market Risk) of -62.9, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Newage are expected to decrease by larger amounts. On the other hand, during market turmoil, Newage is expected to outperform it. Newage Inc right now secures a risk of 0.0%. Please verify Newage Inc downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Newage Inc will be following its current price movements.

Risk-Adjusted Performance

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Over the last 90 days Newage Inc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable technical and fundamental indicators, Newage is not utilizing all of its potentials. The newest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
Begin Period Cash Flow64.6 M
Total Cashflows From Investing Activities4.5 M
  

Newage Relative Risk vs. Return Landscape

If you would invest  0.50  in Newage Inc on December 29, 2023 and sell it today you would earn a total of  0.00  from holding Newage Inc or generate 0.0% return on investment over 90 days. Newage Inc is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Newage, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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Newage Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Newage's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Newage Inc, and traders can use it to determine the average amount a Newage'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.

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Based on monthly moving average Newage 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 Newage by adding Newage to a well-diversified portfolio.

Newage Fundamentals Growth

Newage Stock prices reflect investors' perceptions of the future prospects and financial health of Newage, and Newage 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 Newage Stock performance.

About Newage Performance

To evaluate Newage Inc 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 Newage 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 Newage 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 Newage Inc market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Newage'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.
NewAge, Inc. develops, markets, sells, and distributes healthy products in the United States, Japan, China, and internationally. NewAge, Inc. was incorporated in 2010 and is headquartered in Denver, Colorado. NewAge operates under BeveragesNon-Alcoholic classification in the United States and is traded on NCM Exchange. It employs 1091 people.

Things to note about Newage Inc performance evaluation

Checking the ongoing alerts about Newage for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Newage Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Newage Inc is not yet fully synchronised with the market data
Newage Inc has some characteristics of a very speculative penny stock
Newage Inc has a very high chance of going through financial distress in the upcoming years
The company reported the previous year's revenue of 279.47 M. Net Loss for the year was (39.34 M) with profit before overhead, payroll, taxes, and interest of 176.19 M.
Newage Inc currently holds about 46.83 M in cash with (34.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.32, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Evaluating Newage's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Newage's stock performance include:
  • Analyzing Newage'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 Newage's stock is overvalued or undervalued compared to its peers.
  • Examining Newage'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 Newage's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Newage's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Newage's stock. These opinions can provide insight into Newage's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Newage's stock performance is not an exact science, and many factors can impact Newage's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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 income.
Note that the Newage Inc information on this page should be used as a complementary analysis to other Newage'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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Other Consideration for investing in Newage Stock

If you are still planning to invest in Newage Inc 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 Newage's history and understand the potential risks before investing.
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