Newcore Gold Stock Analysis
| NCAU Stock | CAD 0.59 0.02 3.51% |
Newcore Gold is overvalued with Real Value of 0.5 and Hype Value of 0.59. The main objective of Newcore Gold stock analysis is to determine its intrinsic value, which is an estimate of what Newcore Gold is worth, separate from its market price. There are two main types of Newcore Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Newcore Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Newcore Gold's stock to identify patterns and trends that may indicate its future price movements.
The Newcore Gold stock is traded in Canada on TSX Venture Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Newcore Gold is usually not traded on Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day. Newcore Stock trading window is adjusted to America/Toronto timezone.
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Newcore Stock Analysis Notes
About 15.0% of the company outstanding shares are owned by corporate insiders. The book value of Newcore Gold was now reported as 0.25. The company recorded a loss per share of 0.02. Newcore Gold had not issued any dividends in recent years. The entity had 1:4 split on the 9th of December 2014. Newcore Gold Ltd., a mineral exploration and mine development company, engages in the acquisition, advancement, and development of precious mineral properties in Ghana. Newcore Gold Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada. NEWCORE GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange. To find out more about Newcore Gold contact Luke Alexander at 604 484 4399 or learn more at https://www.newcoregold.com.Newcore Gold Investment Alerts
| Newcore Gold has some characteristics of a very speculative penny stock | |
| Newcore Gold had very high historical volatility over the last 90 days | |
| Net Loss for the year was (5.27 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Newcore Gold has accumulated about 13.21 M in cash with (2.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.14. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders |
Newcore Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 144.67 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newcore Gold's market, we take the total number of its shares issued and multiply it by Newcore Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 24th of July, Newcore Gold secures the Downside Deviation of 4.05, risk adjusted performance of 0.037, and Mean Deviation of 2.93. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Newcore Gold, as well as the relationship between them. Please verify Newcore Gold treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Newcore Gold is priced some-what accurately, providing market reflects its recent price of 0.59 per share.Newcore Gold Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Newcore Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Newcore Gold. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Newcore Gold Outstanding Bonds
Newcore Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Newcore Gold uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Newcore bonds can be classified according to their maturity, which is the date when Newcore Gold has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Newcore Gold Predictive Daily Indicators
Newcore Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Newcore Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Newcore Gold Forecast Models
Newcore Gold's time-series forecasting models are one of many Newcore Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Newcore Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Newcore Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Newcore Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Newcore shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Newcore Gold. By using and applying Newcore Stock analysis, traders can create a robust methodology for identifying Newcore entry and exit points for their positions.
Newcore Gold Ltd., a mineral exploration and mine development company, engages in the acquisition, advancement, and development of precious mineral properties in Ghana. Newcore Gold Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada. NEWCORE GOLD operates under Gold classification in Exotistan and is traded on Commodity Exchange.
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Additional Tools for Newcore Stock Analysis
When running Newcore Gold's price analysis, check to measure Newcore Gold'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 Newcore Gold is operating at the current time. Most of Newcore Gold's value examination focuses on studying past and present price action to predict the probability of Newcore Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newcore Gold's price. Additionally, you may evaluate how the addition of Newcore Gold to your portfolios can decrease your overall portfolio volatility.