New Sources (Netherlands) Today
| NSE Stock | EUR 0.02 0 7.69% |
Performance0 of 100
| Odds Of DistressLess than 24
|
New Sources is selling for under 0.018 as of the 25th of April 2024; that is -7.69 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.018. New Sources has about a 24 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for New Sources Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
New Sources Energy NV develops, exploits, and invests in projects that generate electricity using renewable energy sources. New Sources Energy NV is based in Amersfoort, the Netherlands. NEW SOURCES is traded on Amsterdam Stock Exchange in Netherlands. The company has 59.75 M outstanding shares. More on New Sources Energy
Moving together with New Stock
| 0.83 | ALFEN | Alfen Beheer BV | PairCorr |
| 0.81 | BFIT | Basic Fit NV Earnings Call Today | PairCorr |
Moving against New Stock
| 0.73 | HAL | HAL Trust | PairCorr |
| 0.69 | IMCD | IMCD NV | PairCorr |
Follow Valuation Odds of Bankruptcy
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New Stock 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 Sources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New Sources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Utilities - Independent Power Producers, Utilities (View all Sectors) |
New Sources Energy (NSE) is traded on Euronext Amsterdam in Netherlands and employs 1 people. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.82 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Sources's market, we take the total number of its shares issued and multiply it by New Sources'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 Sources Energy operates under Utilities sector and is part of Utilities - Independent Power Producers industry. The entity has 59.75 M outstanding shares.
New Sources Energy has accumulated about 52 K in cash with (61 K) of positive cash flow from operations.
Check New Sources Probability Of Bankruptcy
Ownership AllocationNew Sources Energy maintains a total of 59.75 Million outstanding shares. New Sources Energy secures 3.05 % of its outstanding shares held by insiders and 0.0 % owned by institutional investors. 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.
Check New Ownership Details
New Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of New Sources jumping above the current price in 90 days from now is more than 94.0%. The New Sources Energy probability density function shows the probability of New Sources stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon New Sources has a beta of 0.8286. This indicates as returns on the market go up, New Sources average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding New Sources Energy will be expected to be much smaller as well. Additionally, new Sources Energy 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 Sources to move above the current price in 90 days from now is more than 94.0 (This New Sources Energy probability density function shows the probability of New Stock to fall within a particular range of prices over 90 days) .
New Sources Energy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. New Sources market risk premium is the additional return an investor will receive from holding New Sources 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 Sources. 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 Sources' alpha and beta are two of the key measurements used to evaluate New Sources' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.83 | |||
| Standard Deviation | 9.61 | |||
| Variance | 92.36 | |||
| Risk Adjusted Performance | (0.03) |
New Stock Against Markets
Picking the right benchmark for New Sources stock 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 Sources stock 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 Sources is critical whether you are bullish or bearish towards New Sources Energy at a given time. Please also check how New Sources' 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 Sources 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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How to buy New Stock?
Before investing in New Sources, 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 Sources. To buy New Sources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of New Sources. 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 Sources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located New Sources Energy 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 Sources Energy 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 Sources Energy, 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 Sources Energy?
The danger of trading New Sources Energy 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 Sources 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 Sources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile New Sources Energy 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 Sources Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the New Sources Energy information on this page should be used as a complementary analysis to other New Sources' 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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Complementary Tools for New Stock analysis
When running New Sources' price analysis, check to measure New Sources' 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 Sources is operating at the current time. Most of New Sources' value examination focuses on studying past and present price action to predict the probability of New Sources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Sources' price. Additionally, you may evaluate how the addition of New Sources to your portfolios can decrease your overall portfolio volatility.
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