New World Development Stock Performance
| NWWDF Stock | USD 1.07 0.01 0.93% |
The company secures a Beta (Market Risk) of 0.13, which conveys not very significant fluctuations relative to the market. As returns on the market increase, New World's returns are expected to increase less than the market. However, during the bear market, the loss of holding New World is expected to be smaller as well. New World Development has an expected return of -0.46%. Please make sure to verify New World Development variance, as well as the relationship between the skewness and day median price , to decide if New World Development 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 New World Development has generated negative risk-adjusted returns adding no value to investors with long positions. Despite inconsistent performance in the last few months, the Stock's fundamental indicators remain nearly stable which may send shares a bit higher in May 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 60.5 B | |
| Total Cashflows From Investing Activities | -3.3 B |
New |
New World Relative Risk vs. Return Landscape
If you would invest 147.00 in New World Development on January 19, 2024 and sell it today you would lose (40.00) from holding New World Development or give up 27.21% of portfolio value over 90 days. New World Development is currently producing negative expected returns and takes up 2.7766% volatility of returns over 90 trading days. Put another way, 24% of traded pink sheets are less volatile than New, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
New World Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New World's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as New World Development, and traders can use it to determine the average amount a New World'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 = -0.1655
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| Negative Returns | NWWDF |
Estimated Market Risk
| 2.78 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.46 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average New World 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 New World by adding New World to a well-diversified portfolio.
New World Fundamentals Growth
New Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of New World, and New World 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 New Pink Sheet performance.
| Return On Equity | 0.0145 | |||
| Return On Asset | 0.009 | |||
| Profit Margin | 0.05 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 23.51 B | |||
| Shares Outstanding | 2.52 B | |||
| Price To Earning | 43.73 X | |||
| Price To Book | 0.19 X | |||
| Price To Sales | 0.11 X | |||
| Revenue | 68.21 B | |||
| EBITDA | 11.82 B | |||
| Cash And Equivalents | 63.4 B | |||
| Cash Per Share | 25.19 X | |||
| Total Debt | 143.04 B | |||
| Debt To Equity | 0.69 % | |||
| Book Value Per Share | 103.70 X | |||
| Cash Flow From Operations | 7.45 B | |||
| Earnings Per Share | 0.06 X | |||
| Total Asset | 635.88 B | |||
About New World Performance
To evaluate New World Development Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when New World 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 New Pink Sheet'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 New World Development market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents New'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.New World Development Company Limited, an investment holding company, engages in the property development and investment business in Hong Kong and internationally. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong. New World operates under Real EstateDiversified classification in the United States and is traded on OTC Exchange. It employs 28000 people.Things to note about New World Development performance evaluation
Checking the ongoing alerts about New World for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for New World Development help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New World generated a negative expected return over the last 90 days | |
| New World has some characteristics of a very speculative penny stock | |
| About 46.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing New World'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 New World's stock is overvalued or undervalued compared to its peers.
- Examining New World'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 New World's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New World's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New World's pink sheet. These opinions can provide insight into New World'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 New World Development. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the New World Development information on this page should be used as a complementary analysis to other New World'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for New Pink Sheet analysis
When running New World's price analysis, check to measure New World'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 World is operating at the current time. Most of New World's value examination focuses on studying past and present price action to predict the probability of New World'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 World's price. Additionally, you may evaluate how the addition of New World to your portfolios can decrease your overall portfolio volatility.
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