Nordic Mining Financials
| NOM Stock | NOK 24.93 0.07 0.28% |
Nordic |
Nordic Mining Stock Summary
Nordic Mining competes with Kongsberg Gruppen, Napatech, Elkem ASA, Arcticzymes Technologies, and XXL ASA. Nordic Mining ASA, together with its subsidiaries, engages in the exploration, extraction, and production of industrial minerals and metals in Norway and internationally. Nordic Mining ASA was founded in 2006 and is based in Oslo, Norway. NORDIC MINING operates under Industrial Metals Minerals classification in Norway and is traded on Oslo Stock Exchange. It employs 7 people.| Foreign Associate | USA |
| Instrument | Norway Stock View All |
| Exchange | Oslo Stock Exchange |
| ISIN | NO0013162693 |
| Business Address | Vika Atrium, Oslo, |
| Sector | Basic Materials |
| Industry | Industrial Metals & Minerals |
| Benchmark | Dow Jones Industrial |
| Website | www.nordicmining.com |
| Phone | 47 22 94 77 90 |
| Currency | NOK - Kroner |
You should never invest in Nordic Mining without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nordic Stock, because this is throwing your money away. Analyzing the key information contained in Nordic Mining's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nordic Mining Key Financial Ratios
There are many critical financial ratios that Nordic Mining's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nordic Mining ASA reports annually and quarterly.| Return On Equity | 0.58 | |||
| Return On Asset | -0.0324 | |||
| Target Price | 5.44 | |||
| Beta | 1.17 |
Nordic Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nordic Mining's current stock value. Our valuation model uses many indicators to compare Nordic Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nordic Mining competition to find correlations between indicators driving Nordic Mining's intrinsic value. More Info.Nordic Mining ASA is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nordic Mining's earnings, one of the primary drivers of an investment's value.Nordic Mining ASA Systematic Risk
Nordic Mining's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nordic Mining volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Nordic Mining ASA correlated with the market. If Beta is less than 0 Nordic Mining generally moves in the opposite direction as compared to the market. If Nordic Mining Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nordic Mining ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nordic Mining is generally in the same direction as the market. If Beta > 1 Nordic Mining moves generally in the same direction as, but more than the movement of the benchmark.
Nordic Mining Thematic Clasifications
Nordic Mining ASA is part of several thematic ideas from Silver to Copper. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasNordic Mining December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nordic Mining help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nordic Mining ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nordic Mining ASA based on widely used predictive technical indicators. In general, we focus on analyzing Nordic Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nordic Mining's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.98 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.53 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 2.73 |
Other Information on Investing in Nordic Stock
Nordic Mining financial ratios help investors to determine whether Nordic Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nordic with respect to the benefits of owning Nordic Mining security.