New Gold Stock Forward View - Rate Of Daily Change
| NGD Stock | CAD 12.16 0.39 3.31% |
New Gold's Rate Of Daily Change reference page covers the model's projected value and error measures from recent price data. The forecast output and associated deviation metrics are shown for informational use. The model is fitted to available historical daily prices for New Gold. This page is updated as new daily closing prices become available for New Gold.
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period. All Rate Of Daily Change forecast figures shown for New Gold are reference data reflecting model output based on available historical prices. Rate Of Daily Change Analysis Today
New Gold has current Rate Of Daily Change of 1.03. Rate Of Daily Change (RDOC) indicator calculates rate of change of a given period over the current closing price of New Gold.| Volatility | Backtest | Information Ratio |
New Gold Trading Date Momentum
| On March 26 2026 New Gold was traded for 12.16 at the closing time. The maximum traded price for the trading interval was 12.16 and the lowest daily price was 12.16 . There was no trading activity during the period. Lack of trading volume on 26th of March 2026 did not cause price change. The trading delta at closing time to the closing price today is 0.00% . |
The rate of daily change can indicate whether a given asset was oversold or over brought during a given period.
| Compare New Gold to competition |
Other Forecasting Options for New Gold
Bollinger Bands applied to New Stock price data measure how far New has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to New Gold's price data. On-balance volume for New Stock creates a running indicator of buying versus selling pressure in New. Price departures from the channel boundary often mean-revert, offering tactical signals for New Gold's.New Gold Related Equities
These firms work in a similar space as New Gold within the Materials space and serve as useful points for comparison. Checking cash flow across this peer set helps gauge New Gold's relative financial strength. Falling behind peers on key ratios may signal headwinds or execution issues worth looking into. The data below allows side-by-side review across the most common financial metrics.
| Risk & Return | Correlation |
New Gold Market Strength Events
For investors tracking New Gold, market strength indicators offer quantitative evaluation of stock behavior. These indicators add context to timing decisions around New Gold positions. These indicators capture shifts in momentum that may precede significant price moves in New Gold. These metrics provide actionable context for both entry and risk management decisions around New Gold.
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 12.16 | |||
| Day Typical Price | 12.16 | |||
| Price Action Indicator | 0.2 | |||
| Period Momentum Indicator | 0.39 | |||
| Relative Strength Index | 45.5 |
New Gold Risk Indicators
Analyzing New Gold's basic risk indicators provides investors with a structured view of the risk-return trade-off for new stock. By identifying the level of risk embedded in New Gold's investment, investors can make informed decisions about position sizing. Analyzing New Gold's risk indicators gives investors important context for price forecasting. Understanding the risk in New Gold's investment allows investors to make informed choices about mitigating exposure.
| Mean Deviation | 3.56 | |||
| Semi Deviation | 4.67 | |||
| Standard Deviation | 4.94 | |||
| Variance | 24.41 | |||
| Downside Variance | 24.8 | |||
| Semi Variance | 21.84 | |||
| Expected Short fall | -3.99 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for New Gold
A coverage review of New Gold shows when the security is attracting above-average attention from contributors and market observers. A disciplined read of coverage separates durable relevance from temporary noise.
Other Macroaxis Stories
Macroaxis story coverage is designed for a broad investing audience that ranges from self-directed traders to advisers, researchers, and institutional market participants. The content is intended to support people who want a more structured path from headline information to portfolio action.
Story Categories
Currently Trending Categories
New Gold Short Properties
Short-interest signals around New Gold can help investors judge whether skeptical positioning is starting to pressure price predictability and market tone. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 793.8 M | |
| Cash And Short Term Investments | 330.2 M |
More Resources for New Stock Analysis
Understanding New Gold starts with reviewing its financial statements and long-term patterns. These values are derived from New Gold's published financial data.Projections for New Gold can be cross-referenced against Historical Fundamental Analysis of New Gold data. Researching New Stock? See our How to Buy New Gold guide. The guide includes approaches for both long-term investing and shorter-term trading of New Stock. The guide provides a structured overview of the trading process for New Gold.New Gold at P/E 24.85 and ROE 57.88% (9.63 Billion market cap) - this analysis works best as a complementary layer when evaluating how the position fits in a broader portfolio. That valuation within Basic Materials invites comparison with Gold peers using the tools below to judge whether the multiple is justified. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.