Norwest Minerals Financials
| NWM Stock | 0.02 0 5.26% |
Norwest |
Understanding current and past Norwest Minerals Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Norwest Minerals' financial statements are interrelated, with each one affecting the others. For example, an increase in Norwest Minerals' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Norwest Minerals' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Norwest Minerals. Check Norwest Minerals' Beneish M Score to see the likelihood of Norwest Minerals' management manipulating its earnings.
| Instrument | Australia Stock View All |
| Exchange | Australian Securities Exchange |
| ISIN | AU0000025280 |
| Business Address | 7 Ventnor Avenue, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | norwestminerals.com.au |
| Phone | 61 8 6117 0457 |
You should never invest in Norwest Minerals without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Norwest Stock, because this is throwing your money away. Analyzing the key information contained in Norwest Minerals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Norwest Minerals Key Financial Ratios
Norwest Minerals' financial ratios allow both analysts and investors to convert raw data from Norwest Minerals' financial statements into concise, actionable information that can be used to evaluate the performance of Norwest Minerals over time and compare it to other companies across industries.| Return On Equity | -0.0521 | |||
| Return On Asset | -0.0313 | |||
| Revenue | 536 | |||
| Beta | 1.3 |
Norwest Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norwest Minerals's current stock value. Our valuation model uses many indicators to compare Norwest Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norwest Minerals competition to find correlations between indicators driving Norwest Minerals's intrinsic value. More Info.Norwest Minerals 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 Norwest Minerals' earnings, one of the primary drivers of an investment's value.Norwest Minerals Systematic Risk
Norwest Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Norwest Minerals 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 twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Norwest Minerals correlated with the market. If Beta is less than 0 Norwest Minerals generally moves in the opposite direction as compared to the market. If Norwest Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Norwest Minerals is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Norwest Minerals is generally in the same direction as the market. If Beta > 1 Norwest Minerals moves generally in the same direction as, but more than the movement of the benchmark.
Norwest Minerals November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Norwest Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Norwest Minerals. We use our internally-developed statistical techniques to arrive at the intrinsic value of Norwest Minerals based on widely used predictive technical indicators. In general, we focus on analyzing Norwest Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Norwest Minerals's daily price indicators and compare them against related drivers.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 27.65 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.11 |
Additional Tools for Norwest Stock Analysis
When running Norwest Minerals' price analysis, check to measure Norwest Minerals' 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 Norwest Minerals is operating at the current time. Most of Norwest Minerals' value examination focuses on studying past and present price action to predict the probability of Norwest Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norwest Minerals' price. Additionally, you may evaluate how the addition of Norwest Minerals to your portfolios can decrease your overall portfolio volatility.