Northisle Copper And Stock Buy Hold or Sell Recommendation
| NCX Stock | CAD 0.41 0.01 2.38% |
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding NorthIsle Copper and is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell NorthIsle Copper and given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for NorthIsle Copper and, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out NorthIsle Copper Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as NorthIsle and provide practical buy, sell, or hold advice based on investors' constraints. NorthIsle Copper and. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
NorthIsle |
Execute NorthIsle Copper Buy or Sell Advice
The NorthIsle recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NorthIsle Copper and. Macroaxis does not own or have any residual interests in NorthIsle Copper and or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NorthIsle Copper's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NorthIsle Copper Trading Alerts and Improvement Suggestions
| NorthIsle Copper generated a negative expected return over the last 90 days | |
| NorthIsle Copper has some characteristics of a very speculative penny stock | |
| NorthIsle Copper has high historical volatility and very poor performance | |
| Net Loss for the year was (5.35 M) with loss before overhead, payroll, taxes, and interest of (5.89 M). | |
| NorthIsle Copper and has accumulated about 447.11 K in cash with (6.51 M) of positive cash flow from operations. | |
| Roughly 14.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: The Best Mining Stock to Invest 200 in Right Now - Yahoo Canada Finance |
NorthIsle Copper Returns Distribution Density
The distribution of NorthIsle Copper's historical returns is an attempt to chart the uncertainty of NorthIsle Copper's future price movements. The chart of the probability distribution of NorthIsle Copper daily returns describes the distribution of returns around its average expected value. We use NorthIsle Copper and price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NorthIsle Copper returns is essential to provide solid investment advice for NorthIsle Copper.
| Mean Return | -0.22 | Value At Risk | -6.38 | Potential Upside | 6.82 | Standard Deviation | 4.13 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NorthIsle Copper historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
NorthIsle Copper Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (427.8K) | 2.6M | 2.9M | 92.3K | 1.7M | 1.7M | |
| Free Cash Flow | (609.2K) | (556.8K) | (5.7M) | (7.2M) | (6.5M) | (6.2M) | |
| Depreciation | 62.5K | 4.4K | (711.1K) | 62.5K | 10.7K | 11.2K | |
| Other Non Cash Items | (4.4K) | 711.1K | (508.6K) | (1.5M) | (2.5M) | (2.4M) | |
| Net Income | (302.4K) | (1.2M) | (5.2M) | (6.7M) | (5.3M) | (5.1M) | |
| End Period Cash Flow | 378.9K | 2.9M | 5.8M | 5.9M | 7.5M | 7.9M | |
| Change To Netincome | 62.7K | 689.1K | (153.7K) | (692.7K) | (623.5K) | (592.3K) |
NorthIsle Copper Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NorthIsle Copper or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NorthIsle Copper's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NorthIsle stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.22 | |
β | Beta against Dow Jones | -0.13 | |
σ | Overall volatility | 4.16 | |
Ir | Information ratio | -0.06 |
NorthIsle Copper Volatility Alert
NorthIsle Copper and exhibits very low volatility with skewness of 0.51 and kurtosis of 1.78. NorthIsle Copper and is a potential penny stock. Although NorthIsle Copper may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in NorthIsle Copper and. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on NorthIsle instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.NorthIsle Copper Fundamentals Vs Peers
Comparing NorthIsle Copper's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NorthIsle Copper's direct or indirect competition across all of the common fundamentals between NorthIsle Copper and the related equities. This way, we can detect undervalued stocks with similar characteristics as NorthIsle Copper or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NorthIsle Copper's fundamental indicators could also be used in its relative valuation, which is a method of valuing NorthIsle Copper by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NorthIsle Copper to competition |
| Fundamentals | NorthIsle Copper | Peer Average |
| Return On Equity | -0.45 | -0.31 |
| Return On Asset | -0.32 | -0.14 |
| Current Valuation | 100.91 M | 16.62 B |
| Shares Outstanding | 257.04 M | 571.82 M |
| Shares Owned By Insiders | 13.95 % | 10.09 % |
| Shares Owned By Institutions | 2.60 % | 39.21 % |
| Number Of Shares Shorted | 36.14 K | 4.71 M |
| Price To Earning | (15.00) X | 28.72 X |
| Price To Book | 8.62 X | 9.51 X |
| Price To Sales | 2,607 X | 11.42 X |
| Gross Profit | (5.89 M) | 27.38 B |
| EBITDA | (7.99 M) | 3.9 B |
| Net Income | (5.35 M) | 570.98 M |
| Cash And Equivalents | 447.11 K | 2.7 B |
| Total Debt | 1.38 M | 5.32 B |
| Current Ratio | 1.79 X | 2.16 X |
| Book Value Per Share | 0.07 X | 1.93 K |
| Cash Flow From Operations | (6.51 M) | 971.22 M |
| Short Ratio | 0.19 X | 4.00 X |
| Earnings Per Share | (0.04) X | 3.12 X |
| Target Price | 1.18 | |
| Beta | 2.21 | -0.15 |
| Market Capitalization | 104.1 M | 19.03 B |
| Total Asset | 18 M | 29.47 B |
| Retained Earnings | (32.06 M) | 9.33 B |
| Working Capital | 6.42 M | 1.48 B |
| Net Asset | 18 M |
NorthIsle Copper Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NorthIsle . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About NorthIsle Copper Buy or Sell Advice
When is the right time to buy or sell NorthIsle Copper and? Buying financial instruments such as NorthIsle Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for NorthIsle Stock Analysis
When running NorthIsle Copper's price analysis, check to measure NorthIsle Copper'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 NorthIsle Copper is operating at the current time. Most of NorthIsle Copper's value examination focuses on studying past and present price action to predict the probability of NorthIsle Copper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NorthIsle Copper's price. Additionally, you may evaluate how the addition of NorthIsle Copper to your portfolios can decrease your overall portfolio volatility.