New Momentum Stock Buy Hold or Sell Recommendation
| NNAX Stock | USD 0.0005 0.00 0.00% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding New Momentum is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell New Momentum given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for New Momentum, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out New Momentum Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as New and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards New Momentum. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
New |
Execute New Momentum Buy or Sell Advice
The New recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on New Momentum. Macroaxis does not own or have any residual interests in New Momentum or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute New Momentum's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
New Momentum Trading Alerts and Improvement Suggestions
| New Momentum had very high historical volatility over the last 90 days | |
| New Momentum has some characteristics of a very speculative penny stock | |
| New Momentum currently holds 373.27 K in liabilities. New Momentum has a current ratio of 0.22, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist New Momentum until it has trouble settling it off, either with new capital or with free cash flow. So, New Momentum's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like New Momentum sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Momentum's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 1.29 M. Net Loss for the year was (287.76 K) with profit before overhead, payroll, taxes, and interest of 5.39 K. | |
| New Momentum currently holds about 104.31 K in cash with (108.89 K) of positive cash flow from operations. | |
| Roughly 84.0% of the company outstanding shares are owned by corporate insiders |
New Momentum Returns Distribution Density
The distribution of New Momentum's historical returns is an attempt to chart the uncertainty of New Momentum's future price movements. The chart of the probability distribution of New Momentum daily returns describes the distribution of returns around its average expected value. We use New Momentum price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of New Momentum returns is essential to provide solid investment advice for New Momentum.
| Mean Return | 0.05 | Value At Risk | -16.67 | Potential Upside | 20.00 | Standard Deviation | 12.42 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of New Momentum historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
New Momentum Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to New Momentum or Consumer Cyclical sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that New Momentum's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a New pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 12.51 | |
Ir | Information ratio | 0 |
New Momentum Volatility Alert
New Momentum is showing large volatility of returns over the selected time horizon. New Momentum appears to be a penny stock. Although New Momentum may be, in fact, a solid short-term or long term investment, many penny pink sheets are speculative investment instruments that are often subject to artificial stock promotion and campaigns of hype which may lead to misinformation and misrepresentation. Please make sure you fully understand upside potential and downside risks of investing in New Momentum or similar risky assets. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswing without any event/news,and sudden news releases. We also encourage traders to check biographies and work history of company President, CEO or other officers before investing in high-volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on New instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.New Momentum Fundamentals Vs Peers
Comparing New Momentum's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze New Momentum's direct or indirect competition across all of the common fundamentals between New Momentum and the related equities. This way, we can detect undervalued stocks with similar characteristics as New Momentum or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of New Momentum's fundamental indicators could also be used in its relative valuation, which is a method of valuing New Momentum by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare New Momentum to competition |
| Fundamentals | New Momentum | Peer Average |
| Return On Asset | -1.25 | -0.14 |
| Profit Margin | (0.25) % | (1.27) % |
| Operating Margin | (0.27) % | (5.51) % |
| Current Valuation | 2.31 M | 16.62 B |
| Shares Outstanding | 176.17 M | 571.82 M |
| Shares Owned By Insiders | 84.34 % | 10.09 % |
| Price To Book | 327,085 X | 9.51 X |
| Price To Sales | 2.37 X | 11.42 X |
| Revenue | 1.29 M | 9.43 B |
| Gross Profit | 5.39 K | 27.38 B |
| EBITDA | (258.51 K) | 3.9 B |
| Net Income | (287.76 K) | 570.98 M |
| Cash And Equivalents | 104.31 K | 2.7 B |
| Total Debt | 373.27 K | 5.32 B |
| Current Ratio | 0.22 X | 2.16 X |
| Book Value Per Share | (0) X | 1.93 K |
| Cash Flow From Operations | (108.89 K) | 971.22 M |
| Earnings Per Share | (0) X | 3.12 X |
| Number Of Employees | 1 | 18.84 K |
| Beta | -2.32 | -0.15 |
| Market Capitalization | 1.25 M | 19.03 B |
| Total Asset | 76.15 K | 29.47 B |
| Z Score | 7.88 | 8.72 |
| Net Asset | 76.15 K |
New Momentum Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as New . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 5.0E-4 | |||
| Day Typical Price | 5.0E-4 |
About New Momentum Buy or Sell Advice
When is the right time to buy or sell New Momentum? Buying financial instruments such as New Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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In addition to having New Momentum in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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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.