Newtek Business Stock Forecast - Kurtosis
Newtek Stock Forecast is based on your current time horizon.
Newtek |
Previous Kurtosis | Kurtosis | Trend |
0 | 0 |
Check Newtek Business Volatility | Backtest Newtek Business | Trend Details |
Newtek Business Trading Date Momentum
On August 02 2024 Newtek Business Services was traded for 0.00 at the closing time. The highest daily price throughout the period was 0.00 and the lowest price was 0.00 . There was no trading activity during the period 1.0. Lack of trading volume on 08/02/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 100.00% . The trading delta at closing time to current closing price is 100.00% . |
Newtek Business Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Newtek Business stock to make a market-neutral strategy. Peer analysis of Newtek Business could also be used in its relative valuation, which is a method of valuing Newtek Business by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Newtek Business Risk Indicators
The analysis of Newtek Business' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Newtek Business' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting newtek stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.0491 | |||
Standard Deviation | 0.0719 | |||
Variance | 0.0052 | |||
Downside Variance | 0.0095 | |||
Semi Variance | (0.03) | |||
Expected Short fall | (0.07) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Other Consideration for investing in Newtek Stock
If you are still planning to invest in Newtek Business Services check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Newtek Business' history and understand the potential risks before investing.
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