Newlake Capital Partners Stock Price on May 9, 2023

NLCP Stock  USD 19.25  0.02  0.10%   
If you're considering investing in Newlake OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Newlake Capital stands at 19.25, as last reported on the 11th of December 2024, with the highest price reaching 19.49 and the lowest price hitting 19.23 during the day. Newlake Capital Partners has Sharpe Ratio of -0.0235, which conveys that the firm had a -0.0235% return per unit of risk over the last 3 months. Newlake Capital exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newlake Capital's Risk Adjusted Performance of 4.0E-4, mean deviation of 0.9847, and Standard Deviation of 1.36 to check out the risk estimate we provide.
  
Newlake OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0235

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

Estimated Market Risk

 1.37
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.03
  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 Newlake Capital 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 Newlake Capital by adding Newlake Capital to a well-diversified portfolio.

Newlake Capital Valuation on May 9, 2023

It is possible to determine the worth of Newlake Capital on a given historical date. On May 9, 2023 Newlake was worth 11.16 at the beginning of the trading date compared to the closed value of 10.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Newlake Capital otc stock. Still, in general, we apply an absolute valuation method to find Newlake Capital'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 Newlake Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Newlake Capital's related companies.
 Open High Low Close Volume
  11.49    11.49    11.17    11.17    21,693  
05/09/2023
  11.16    11.17    10.82    10.86    18,837  
  10.86    11.33    10.44    10.89    47,267  
Backtest Newlake Capital  |  Newlake Capital History  |  Newlake Capital Valuation   PreviousNext  
Open Value
11.16
10.86
Closing Value
15.28
Upside

Newlake Capital Trading Date Momentum on May 9, 2023

On May 10 2023 Newlake Capital Partners was traded for  10.89  at the closing time. The top price for the day was 11.33  and the lowest listed price was  10.44 . The trading volume for the day was 47.3 K. The trading history from May 10, 2023 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 0.28% . The trading delta at closing time against the current closing price is 0.83% .

Newlake Capital Partners Fundamentals Correlations and Trends

By evaluating Newlake Capital'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 Newlake Capital's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Newlake financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Newlake Capital OTC Stock history

Newlake Capital 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 Newlake is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Newlake Capital Partners 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 Newlake Capital stock prices may prove useful in developing a viable investing in Newlake Capital
NewLake Capital Partners is a leading provider of real estate capital to state-licensed cannabis operators. Its tenants are some of the leading operators in the U.S. state-licensed cannabis industry and it is a trusted partner for their real estate needs. Newlake Capital operates under REITSpecialty classification in the United States and is traded on OTC Exchange. It employs 7 people.

Newlake Capital OTC Stock Technical Analysis

Newlake Capital technical otc 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, otc market cycles, or different charting patterns.
A focus of Newlake Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Newlake Capital 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

Newlake Capital Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Newlake Capital Partners cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.

Newlake Capital December 11, 2024 Market Strength

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

Newlake Capital Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Newlake Capital's price direction in advance. Along with the technical and fundamental analysis of Newlake OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Newlake 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.

Additional Tools for Newlake OTC Stock Analysis

When running Newlake Capital's price analysis, check to measure Newlake Capital'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 Newlake Capital is operating at the current time. Most of Newlake Capital's value examination focuses on studying past and present price action to predict the probability of Newlake Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newlake Capital's price. Additionally, you may evaluate how the addition of Newlake Capital to your portfolios can decrease your overall portfolio volatility.