New World Development Stock Today
| NWWDF Stock | USD 1.07 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 9
|
New World is trading at 1.07 as of the 24th of April 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 1.07. New World 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 World Development are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
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. The company has 2.52 B outstanding shares. More on New World Development
Moving against New Pink Sheet
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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 World's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New World or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Real Estate—Diversified, Real Estate (View all Sectors) |
New World Development [NWWDF] 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 7.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New World's market, we take the total number of its shares issued and multiply it by New World'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 World Development classifies itself under Real Estate sector and is part of Real Estate—Diversified industry. The entity has 2.52 B outstanding shares.
New World Development has accumulated about 63.4 B in cash with 7.45 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 25.19, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationNew World Development holds a total of 2.52 Billion outstanding shares. New World Development holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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New Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of New World jumping above the current price in 90 days from now is about 86.67%. The New World Development probability density function shows the probability of New World pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon New World has a beta of 0.1761. This indicates as returns on the market go up, New World average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding New World Development will be expected to be much smaller as well. Additionally, new World Development 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 World to move above the current price in 90 days from now is about 86.67 (This New World Development probability density function shows the probability of New Pink Sheet to fall within a particular range of prices over 90 days) .
New World Development Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. New World market risk premium is the additional return an investor will receive from holding New World 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 World. 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 World's alpha and beta are two of the key measurements used to evaluate New World's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8656 | |||
| Standard Deviation | 2.71 | |||
| Variance | 7.36 | |||
| Risk Adjusted Performance | (0.09) |
New Stock Against Markets
Picking the right benchmark for New World 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 World 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 World is critical whether you are bullish or bearish towards New World Development at a given time. Please also check how New World'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 World 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 World Corporate Management
Elected by the shareholders, the New World's board of directors comprises two types of representatives: New World inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New World's management team and ensure that shareholders' interests are well served. New World's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New World's outside directors are responsible for providing unbiased perspectives on the board's policies.
| BA DBA | Ex MD | Profile | |
| ShaoMei Huang | Ex Director | Profile | |
| JP JP | Ex CEO | Profile | |
| ChiMan Cheng | Ex Director | Profile | |
| Aldous Chiu | Gen Relations | Profile | |
| ChiHeng Cheng | Ex Director | Profile | |
| SiuCheung JP | Ex Director | Profile |
How to buy New Pink Sheet?
Before investing in New World, 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 World. To buy New World stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of New World. 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 World stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located New World Development 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 World Development 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 World Development, 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 World Development?
The danger of trading New World Development 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 World 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 World. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile New World Development 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 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
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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