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NGD Stock Analysis

Data source: Trade-Ideas Alerts | 72 alerts analyzed | Backtest period: 2022-01-18 → 2025-02-13

⚠️ Small sample size (72 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

New Gold Inc.
📍 NYSE American 📅 IPO: Jun 27, 1996 🔗 www.newgold.com
💰 Market Cap: $9.90B 👥 Employees: 1,607
New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets which are also its operating segments: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver.
📊
72
Total Alerts
🎯
47.2%
Win Rate (EOD)
💰
-0.28%
Avg Gain (EOD)
🚀
+3.27%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 37.5%
Avg Gain: -0.40%
Avg Winner: +1.28%
Avg Loser: -1.59%
Best: +4.19%
Worst: -5.03%
Trades: 27/40

15MIN

Win Rate: 30.6%
Avg Gain: -0.92%
Avg Winner: +1.66%
Avg Loser: -2.39%
Best: +4.24%
Worst: -12.76%
Trades: 22/43

30MIN

Win Rate: 38.9%
Avg Gain: -0.76%
Avg Winner: +1.99%
Avg Loser: -2.76%
Best: +4.87%
Worst: -12.59%
Trades: 28/40

60MIN

Win Rate: 44.4%
Avg Gain: -0.76%
Avg Winner: +2.18%
Avg Loser: -3.37%
Best: +6.14%
Worst: -16.31%
Trades: 32/37

EOD (End of Day)

Win Rate: 47.2%
Avg Gain: -0.28%
Avg Winner: +3.44%
Avg Loser: -3.81%
Best: +13.34%
Worst: -12.33%
Trades: 34/36

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +3.27%
Best MFE: +15.20%
Avg Time to MFE: 103 min

On average, NGD alerts reach +3.27% profit potential within 103 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -1.44%
Worst MAE: -4.96%
Avg Time to MAE: 7 min

Before reaching MFE, expect an average drawdown of 1.44%.

⚖️ Risk/Reward Ratio

2.28:1

Excellent risk/reward - potential gain is 2.28x the typical drawdown.

💡 Trading Insight: Based on 72 alerts, NGD typically reaches +3.27% profit before pulling back. Consider setting profit targets around 2.6% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 72
Gap Up % 30.6%
Avg Gap -0.07%
Best Gap +3.39%

📋 Last 20 Alerts

Historical NGD alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2025-02-13 09:27:32 $3.0 -1.34% -1.33% -3.33% -4.34% +1.00% +1.33% - - LOSS
2025-01-27 09:29:53 $2.87 -3.14% -2.46% -2.26% -3.31% -2.09% +0.35% -1.74% +0.35% LOSS
2024-11-25 09:25:15 $2.77 -1.81% -1.81% -2.53% -2.35% -3.97% +0.36% -2.17% +0.36% LOSS
2024-11-12 09:25:17 $2.49 +1.41% +1.20% +1.00% +0.60% +2.01% +2.41% -0.80% -0.40% WIN
2024-11-06 09:28:09 $2.61 - +1.33% +1.34% +3.07% +3.07% +4.21% -2.68% -0.38% -
2024-11-01 09:27:28 $2.78 +1.11% +1.98% +2.16% +1.80% -0.36% +3.24% -1.08% -0.72% WIN
2024-10-30 09:25:11 $2.98 -2.44% -5.54% -5.54% -8.05% -4.36% +0.67% -3.36% +0.67% LOSS
2024-10-10 09:28:07 $2.8 -1.43% -1.25% -0.18% -0.29% +0.36% +1.07% -2.14% -0.36% LOSS
2024-10-01 09:27:54 $2.92 +1.37% +1.54% +1.71% +0.86% +1.37% +2.74% +0.68% +0.68% WIN
2024-09-30 09:28:48 $2.89 +0.44% - +0.52% -0.17% -0.35% +1.38% -0.69% +0.35% WIN
2024-08-05 09:28:06 $2.03 -2.45% -2.22% - -0.49% +3.94% +5.91% -4.43% +0.49% LOSS
2024-08-02 09:28:07 $2.33 -0.64% -1.50% -1.72% -1.72% -6.01% +1.29% +0.52% +1.29% LOSS
2023-12-04 09:29:00 $1.49 -1.68% -2.68% -2.35% -3.02% -5.37% +0.67% -0.67% +0.67% LOSS
2023-11-27 09:28:00 $1.39 -1.43% -1.80% -0.36% -1.08% - +1.44% -2.88% -0.72% LOSS
2023-08-11 09:25:00 $1.03 -3.83% -0.97% -0.49% - +0.97% +1.94% -3.83% -0.97% LOSS
2023-08-10 09:26:00 $1.02 -1.05% -4.80% -5.40% -5.55% -4.83% +0.98% -2.94% - LOSS
2023-07-18 09:26:00 $1.28 -1.56% - +0.41% +1.95% +1.56% +3.91% -1.56% -0.78% LOSS
2023-07-12 09:27:00 $1.22 -0.09% +0.93% +3.28% +2.46% +2.46% +4.10% -0.82% - LOSS
2023-07-11 09:28:00 $1.15 -0.87% -1.74% +1.70% +3.10% +2.61% +5.22% -1.74% -0.87% LOSS
2023-06-15 09:29:00 $1.11 -1.80% -1.35% -2.25% -2.70% -2.70% -0.90% -1.80% -1.80% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ NGD Shows Negative Expectancy

With 47.2% win rate and -0.28% average gain, NGD alerts have historically faded. Use the app to find specific filters that might reverse this pattern, or consider NGD for short-selling strategies.

📉 Turn Negative Expectancy Positive →

Why Analyze NGD with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for NGD. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, NGD historically offers an average upside of +3.27% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 NGD Momentum Personality

With a baseline win rate of 47.2%, NGD shows negative momentum - the stock tends to fade after alerts. This pattern suggests NGD may be better suited for contrarian strategies or avoiding altogether.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: NGD shows negative expectancy across all tested intraday timeframes (Best: EOD (End of Day) at -0.28%). This suggests NGD is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.