Neptune Digital Assets Stock Today
| NPPTF Stock | USD 0.24 0.02 9.09% |
Performance0 of 100
| Odds Of DistressLess than 23
|
Neptune Digital is trading at 0.24 as of the 18th of May 2024. This is a 9.09% increase since the beginning of the trading day. The stock's lowest day price was 0.22. Neptune Digital has about a 23 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Neptune Digital Assets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of February 2024 and ending today, the 18th of May 2024. Click here to learn more.
Neptune Digital Assets Corp. builds, owns, and operates digital currency infrastructure assets in Canada. It invests in digital asset ecosystem, including Bitcoin mining, staking cryptocurrencies, decentralized finance, yield farming, and liquidity mining, as well as operates blockchain nodes and other associated blockchain technology projects. The company has 124.91 M outstanding shares. More on Neptune Digital Assets
Moving against Neptune Pink Sheet
| 0.55 | FSTF | First State Financial | PairCorr |
| 0.52 | TPB | Turning Point Brands | PairCorr |
| 0.45 | GS | Goldman Sachs Group Financial Report 17th of July 2024 | PairCorr |
| 0.44 | BABA | Alibaba Group Holding Aggressive Push | PairCorr |
| 0.43 | SCHW | Charles Schwab Corp Financial Report 16th of July 2024 | PairCorr |
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Neptune Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Neptune Digital's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Neptune Digital or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Capital Markets, Financial Services (View all Sectors) |
Neptune Digital Assets [NPPTF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Micro-Cap' category with a current market capitalization of 21.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Neptune Digital's market, we take the total number of its shares issued and multiply it by Neptune Digital'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. Neptune Digital Assets classifies itself under Financial Services sector and is part of Capital Markets industry. The entity has 124.91 M outstanding shares.
Neptune Digital Assets has accumulated about 1.23 M in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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Ownership AllocationNeptune Digital Assets maintains a total of 124.91 Million outstanding shares. Neptune Digital Assets secures 9.26 % of its outstanding shares held by insiders and 0.13 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Neptune Stock Price Odds Analysis
In reference to a normal probability distribution, the odds of Neptune Digital jumping above the current price in 90 days from now is about 68.38%. The Neptune Digital Assets probability density function shows the probability of Neptune Digital pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the pink sheet has a beta coefficient of 1.0071. This indicates Neptune Digital Assets market returns are reactive to returns on the market. As the market goes up or down, Neptune Digital is expected to follow. Additionally, neptune Digital Assets has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Neptune Digital to move above the current price in 90 days from now is about 68.38 (This Neptune Digital Assets probability density function shows the probability of Neptune Pink Sheet to fall within a particular range of prices over 90 days) .
Neptune Digital Assets Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Neptune Digital market risk premium is the additional return an investor will receive from holding Neptune Digital long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Neptune Digital. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Neptune Digital's alpha and beta are two of the key measurements used to evaluate Neptune Digital's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 3.4 | |||
| Standard Deviation | 4.8 | |||
| Variance | 23.02 | |||
| Risk Adjusted Performance | (0.01) |
Neptune Stock Against Markets
Picking the right benchmark for Neptune Digital pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Neptune Digital pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Neptune Digital is critical whether you are bullish or bearish towards Neptune Digital Assets at a given time. Please also check how Neptune Digital's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Neptune Digital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Neptune Pink Sheet?
Before investing in Neptune Digital, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Neptune Digital. To buy Neptune Digital stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Neptune Digital. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Neptune Digital stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Neptune Digital Assets stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Neptune Digital Assets stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Neptune Digital Assets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
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The danger of trading Neptune Digital Assets is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Neptune Digital is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Neptune Digital. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Neptune Digital Assets is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Neptune Digital Assets. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Neptune Pink Sheet analysis
When running Neptune Digital's price analysis, check to measure Neptune Digital'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 Neptune Digital is operating at the current time. Most of Neptune Digital's value examination focuses on studying past and present price action to predict the probability of Neptune Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neptune Digital's price. Additionally, you may evaluate how the addition of Neptune Digital to your portfolios can decrease your overall portfolio volatility.
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