NEW PACIFIC (Germany) Price on June 15, 2023

3N7A Stock  EUR 1.14  0.09  8.57%   
If you're considering investing in NEW Stock, it is important to understand the factors that can impact its price. As of today, the current price of NEW PACIFIC stands at 1.14, as last reported on the 27th of December, with the highest price reaching 1.16 and the lowest price hitting 1.05 during the day. NEW PACIFIC METALS has Sharpe Ratio of -0.0219, which conveys that the firm had a -0.0219% return per unit of standard deviation over the last 3 months. NEW PACIFIC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEW PACIFIC's Market Risk Adjusted Performance of (0.11), mean deviation of 2.95, and Risk Adjusted Performance of 0.0042 to check out the risk estimate we provide.
  
NEW Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0219

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns3N7A

Estimated Market Risk

 3.72
  actual daily
33
67% of assets are more volatile

Expected Return

 -0.08
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average NEW PACIFIC is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NEW PACIFIC by adding NEW PACIFIC to a well-diversified portfolio.

NEW PACIFIC Valuation on June 15, 2023

It is possible to determine the worth of NEW PACIFIC on a given historical date. On June 15, 2023 NEW was worth 2.08 at the beginning of the trading date compared to the closed value of 2.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NEW PACIFIC stock. Still, in general, we apply an absolute valuation method to find NEW PACIFIC's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of NEW PACIFIC where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NEW PACIFIC's related companies.
 Open High Low Close Volume
  2.14    2.14    2.04    2.04    1,050  
06/15/2023
  2.08    2.08    2.02    2.04    1,050  
  2.06    2.06    1.91    1.93    1,050  
Backtest NEW PACIFIC  |  NEW PACIFIC History  |  NEW PACIFIC Valuation   PreviousNext  
Open Value
2.08
2.04
Closing Value
13.25
Upside

NEW PACIFIC Trading Date Momentum on June 15, 2023

On June 16 2023 NEW PACIFIC METALS was traded for  1.93  at the closing time. The maximum traded price for the trading interval was 2.06  and the lowest daily price was  1.91 . The daily volume was recorded at 1.1 K. The volume of trading on 16th of June 2023 played a part in the next trading day price drop. The daily price change to the next closing price was 5.39% . The trading delta at closing time to the closing price today is 14.22% .

NEW PACIFIC METALS Fundamentals Correlations and Trends

By evaluating NEW PACIFIC's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NEW PACIFIC's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NEW financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NEW PACIFIC Stock history

NEW PACIFIC investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for NEW is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NEW PACIFIC METALS will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing NEW PACIFIC stock prices may prove useful in developing a viable investing in NEW PACIFIC
New Pacific Metals Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Bolivia and Canada. New Pacific Metals Corp. is headquartered in Vancouver, Canada. NEW PACIFIC operates under Other Precious Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.

NEW PACIFIC Stock Technical Analysis

NEW PACIFIC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of NEW PACIFIC technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NEW PACIFIC trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

NEW PACIFIC Period Price Range

Low
December 27, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

NEW PACIFIC METALS cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

NEW PACIFIC December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how NEW PACIFIC stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NEW PACIFIC shares will generate the highest return on investment. By undertsting and applying NEW PACIFIC stock market strength indicators, traders can identify NEW PACIFIC METALS entry and exit signals to maximize returns

NEW PACIFIC Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NEW PACIFIC's price direction in advance. Along with the technical and fundamental analysis of NEW Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NEW to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for NEW Stock analysis

When running NEW PACIFIC's price analysis, check to measure NEW PACIFIC'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 PACIFIC is operating at the current time. Most of NEW PACIFIC's value examination focuses on studying past and present price action to predict the probability of NEW PACIFIC'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 PACIFIC's price. Additionally, you may evaluate how the addition of NEW PACIFIC to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format