As we move deeper into the year, investors will be closely tracking the next few earnings periods. Finally, Bank of New York Mellon Corp lifted its stake in New Gold by 1.3% during the fourth quarter. When selecting a security for investment, traders look at its historical volatility to help determine the relative risk of a potential trade. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement. Alternately, if the indicator goes below -80, this may point to the stock being oversold. The stock price moved -26.90% off its 50 Day low and changed 9.65% to its 50 Day high. On the other end, a stock with a score from 0-2 would be viewed as weak. New Gold had a negative return on equity of 32.21% and a negative net margin of 92.82%. Value of 54.00000. The Q.i.
The ERP5 Rank is an investment tool that analysts use to discover undervalued companies. The goal of the Q.i. Value is to help identify companies that are the most undervalued.
Watching some historical volatility numbers on shares of New Gold Inc. (TSX:NGD), we can see that the 12 month volatility is presently 37.608800. The 6 month volatility is 38.148100, and the 3 month is spotted at 42.709700. Its last month's stock price volatility remained 4.33% which for the week approaches 4.84%.
Let's take a further look at the Average Directional Index or ADX. Hexavest Inc sold 175,219 shares as New Gold Inc En (NGD)'s stock declined 21.65%. The current ratio, also known as the working capital ratio, is a liquidity ratio that displays the proportion of current assets of a business relative to the current liabilities. (TSX:NGD). The name now has a score of 30.00000. The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets. If a company is less stable over the course of time, they will have a higher score. Similarly, cash repurchases and a reduction of debt can increase the shareholder value, too. The average FCF of a company is determined by looking at the cash generated by operations of the company. New Gold has a one year low of C$2.98 and a one year high of C$5.16. (TSX:NGD) is -0.062017.
Analysts await New Gold Inc. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return. New Gold Inc. (TSX:NGD) has an M-Score of -3.323343. The score is calculated by the return on assets (ROA), Cash flow return on assets (CFROA), change in return of assets, and quality of earnings. The score is a number between one and one hundred (1 being best and 100 being the worst). On the other side it is not a negative indicator for Investor portfolio value when the price of a stock Investor owns moves down in value. The ERP5 of New Gold Inc. (TSX:NGD) is -0.062017. Similarly, the Value Composite Two (VC2) is calculated with the same ratios, but adds the Shareholder Yield. Assenagon Asset Management S.A. purchased a new stake in New Gold during the fourth quarter valued at about $1,406,000. This volatility expressed as a percentage coefficient within option-pricing formulas, arises from daily trading activities. The VC1 of New Gold Inc.
New Gold Inc. (NGD) stock price traded at a gap of 0.58% from an average price of last twenty days and stands at a distance of -5.67% away from it's an average price of recent fifty days. Narrowing in a bit closer, the 5 month price index is 0.72365, the 3 month is 0.77638, and the 1 month is now 0.98722. Moving average is popular technical tool and can be customized to any time frame, suiting both long term investors and short-term traders.
New Gold Inc. has an M-score Beneish of -3.323343.
A number of analysts recently issued reports on NGD shares. Similarly, the Earnings Yield Five Year Average is the five year average operating income or EBIT divided by the current enterprise value. These ratios are Earnings Yield, ROIC, Price to Book, and 5 year average ROIC. (TSX:NGD) has a Q.i.
The Price Index is a ratio that indicates the return of a share price over a past period. Major expected news items are more important drivers of big moves in the stock price in the near future. (TSX:NGD) has a Piotroski F-Score of 2. Institutions now own 55.10% of the stock while corporate insiders (executives) are holding on to 3.60% of the 589.16 total outstanding shares. There are only three real trends that a security can follow: (1) An uptrend, or bullish trend, means that the price is moving higher. Additionally, the price to earnings ratio is another popular way for analysts and investors to determine a company's profitability. The price index is calculated by dividing the current share price by the share price ten months ago. The SMA 50/200 for New Gold Inc. ATR is an exponential moving average (consist of 14 trading days) of the True Ranges that is explaining range of a day's trading is high-low.