New Sources (Netherlands) Performance
| NSE Stock | EUR 0.02 0.0005 2.86% |
On a scale of 0 to 100, New Sources holds a performance score of 3. The company secures a Beta (Market Risk) of 0.84, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, New Sources' returns are expected to increase less than the market. However, during the bear market, the loss of holding New Sources is expected to be smaller as well. Please check New Sources' treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether New Sources' current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in New Sources Energy are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak technical and fundamental indicators, New Sources unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 5000.00 | |
| Free Cash Flow | -61 K |
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New Sources Relative Risk vs. Return Landscape
If you would invest 1.70 in New Sources Energy on September 14, 2024 and sell it today you would earn a total of 0.10 from holding New Sources Energy or generate 5.88% return on investment over 90 days. New Sources Energy is generating 0.2143% of daily returns assuming 5.0651% volatility of returns over the 90 days investment horizon. Simply put, 45% of all stocks have less volatile historical return distribution than New Sources, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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New Sources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Sources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Sources Energy, and traders can use it to determine the average amount a New Sources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0423
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Estimated Market Risk
| 5.07 actual daily | 45 55% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average New Sources is performing at about 3% of its full potential. 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 Sources by adding it to a well-diversified portfolio.
New Sources Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Sources, and New Sources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on New Stock performance.
| Return On Equity | -2.89 | |||
| Return On Asset | -0.53 | |||
| Current Valuation | 2.86 M | |||
| Shares Outstanding | 59.75 M | |||
| Price To Earning | 57.00 X | |||
| Price To Book | 30.30 X | |||
| EBITDA | (88 K) | |||
| Cash And Equivalents | 52 K | |||
| Total Debt | 57 K | |||
| Cash Flow From Operations | (61 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 103 K | |||
About New Sources Performance
Assessing New Sources' fundamental ratios provides investors with valuable insights into New Sources' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the New Sources is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
New Sources Energy NV develops, exploits, and invests in projects that generate electricity using renewable energy sources. New Sources Energy NV is based in Amersfoort, the Netherlands. NEW SOURCES is traded on Amsterdam Stock Exchange in Netherlands.Things to note about New Sources Energy performance evaluation
Checking the ongoing alerts about New Sources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Sources Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Sources Energy had very high historical volatility over the last 90 days | |
| New Sources Energy has some characteristics of a very speculative penny stock | |
| New Sources Energy has accumulated 57 K in total debt. New Sources Energy has a current ratio of 0.82, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist New Sources until it has trouble settling it off, either with new capital or with free cash flow. So, New Sources' 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 Sources Energy 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 Sources' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (88 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| New Sources Energy has accumulated about 52 K in cash with (61 K) of positive cash flow from operations. |
- Analyzing New Sources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether New Sources' stock is overvalued or undervalued compared to its peers.
- Examining New Sources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating New Sources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Sources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Sources' stock. These opinions can provide insight into New Sources' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for New Stock Analysis
When running New Sources' price analysis, check to measure New Sources' 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 Sources is operating at the current time. Most of New Sources' value examination focuses on studying past and present price action to predict the probability of New Sources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Sources' price. Additionally, you may evaluate how the addition of New Sources to your portfolios can decrease your overall portfolio volatility.