New Momentum Financials
| NNAX Stock | USD 0.0005 0.00 0.00% |
New |
Please note, the imprecision that can be found in New Momentum's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of New Momentum. Check New Momentum's Beneish M Score to see the likelihood of New Momentum's management manipulating its earnings.
New Momentum Stock Summary
New Momentum competes with Yatra Online, MakeMyTrip, Tuniu Corp, Airbnb, and SosTravel SPA. New Momentum Corporation develops and operates an online ticketing platform under the Gagfare.com name. The company also offers its services through Gagfare mobile application. New Momentum is traded on OTC Exchange in the United States.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| Business Address | 150 Cecil Street, |
| Sector | Consumer Cyclical |
| Industry | Travel Services |
| Benchmark | Dow Jones Industrial |
| Website | www.gagfare.com |
| Phone | 65 3105 1428 |
| Currency | USD - US Dollar |
New Momentum Key Financial Ratios
New Momentum's financial ratios allow both analysts and investors to convert raw data from New Momentum's financial statements into concise, actionable information that can be used to evaluate the performance of New Momentum over time and compare it to other companies across industries.| Return On Asset | -1.25 | |||
| Beta | -2.32 | |||
| Z Score | 7.88 |
New Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining New Momentum's current stock value. Our valuation model uses many indicators to compare New Momentum value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across New Momentum competition to find correlations between indicators driving New Momentum's intrinsic value. More Info.New Momentum is considered to be number one stock in return on asset category among its peers. It also is considered to be number one stock in profit margin category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value New Momentum by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for New Momentum's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.New Momentum Systematic Risk
New Momentum's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. New Momentum volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on New Momentum correlated with the market. If Beta is less than 0 New Momentum generally moves in the opposite direction as compared to the market. If New Momentum Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one New Momentum is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of New Momentum is generally in the same direction as the market. If Beta > 1 New Momentum moves generally in the same direction as, but more than the movement of the benchmark.
New Momentum December 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of New Momentum help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of New Momentum. We use our internally-developed statistical techniques to arrive at the intrinsic value of New Momentum based on widely used predictive technical indicators. In general, we focus on analyzing New Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build New Momentum's daily price indicators and compare them against related drivers.
| Downside Deviation | 17.68 | |||
| Information Ratio | 0.0015 | |||
| Maximum Drawdown | 48.57 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
Additional Tools for New Pink Sheet Analysis
When running New Momentum's price analysis, check to measure New Momentum'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 Momentum is operating at the current time. Most of New Momentum's value examination focuses on studying past and present price action to predict the probability of New Momentum'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 Momentum's price. Additionally, you may evaluate how the addition of New Momentum to your portfolios can decrease your overall portfolio volatility.