North Arrow Minerals Stock Performance
| NAR Stock | CAD 0.13 0.01 7.14% |
The company secures a Beta (Market Risk) of 1.13, which conveys a somewhat significant risk relative to the market. North Arrow returns are very sensitive to returns on the market. As the market goes up or down, North Arrow is expected to follow. At this point, North Arrow Minerals has a negative expected return of -0.67%. Please make sure to verify North Arrow's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if North Arrow Minerals performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days North Arrow Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:10 | Last Split Date 2024-09-17 |
1 | North Arrow Advances Gold Project in Botswana - TipRanks | 10/03/2024 |
2 | Li-FT Power Expands Lithium Empire with High-Grade Project Acquisition in Northwest Territories - StockTitan | 12/19/2024 |
| Begin Period Cash Flow | 271.5 K |
North |
North Arrow Relative Risk vs. Return Landscape
If you would invest 25.00 in North Arrow Minerals on September 22, 2024 and sell it today you would lose (12.00) from holding North Arrow Minerals or give up 48.0% of portfolio value over 90 days. North Arrow Minerals is currently producing negative expected returns and takes up 8.5602% volatility of returns over 90 trading days. Put another way, 76% of traded stocks are less volatile than North, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
North Arrow Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for North Arrow's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as North Arrow Minerals, and traders can use it to determine the average amount a North Arrow's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.078
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NAR |
Estimated Market Risk
| 8.56 actual daily | 76 76% of assets are less volatile |
Expected Return
| -0.67 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average North Arrow is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of North Arrow by adding North Arrow to a well-diversified portfolio.
North Arrow Fundamentals Growth
North Stock prices reflect investors' perceptions of the future prospects and financial health of North Arrow, and North Arrow fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on North Stock performance.
| Return On Equity | 0.0381 | ||||
| Return On Asset | -0.0332 | ||||
| Current Valuation | 2.56 M | ||||
| Shares Outstanding | 28.58 M | ||||
| Price To Earning | (26.11) X | ||||
| Price To Book | 0.21 X | ||||
| Gross Profit | (64.77 K) | ||||
| EBITDA | (1.31 M) | ||||
| Net Income | (907.6 K) | ||||
| Cash And Equivalents | 2.39 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 571.99 K | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 0.99 X | ||||
| Book Value Per Share | 1.02 X | ||||
| Cash Flow From Operations | (883.31 K) | ||||
| Earnings Per Share | 6.90 X | ||||
| Market Capitalization | 3.86 M | ||||
| Total Asset | 17.9 M | ||||
| Retained Earnings | (30.44 M) | ||||
| Working Capital | (487.69 K) | ||||
About North Arrow Performance
Evaluating North Arrow's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if North Arrow has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if North Arrow has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.02 | 0.02 | |
| Return On Tangible Assets | (0.05) | (0.05) | |
| Return On Capital Employed | (0.08) | (0.08) | |
| Return On Assets | (0.05) | (0.05) | |
| Return On Equity | (0.05) | (0.05) |
Things to note about North Arrow Minerals performance evaluation
Checking the ongoing alerts about North Arrow for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for North Arrow Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| North Arrow Minerals generated a negative expected return over the last 90 days | |
| North Arrow Minerals has high historical volatility and very poor performance | |
| North Arrow Minerals has some characteristics of a very speculative penny stock | |
| North Arrow Minerals has high likelihood to experience some financial distress in the next 2 years | |
| North Arrow Minerals has accumulated 571.99 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. North Arrow Minerals has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist North Arrow until it has trouble settling it off, either with new capital or with free cash flow. So, North Arrow's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like North Arrow Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North Arrow's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (907.6 K) with loss before overhead, payroll, taxes, and interest of (64.77 K). | |
| North Arrow Minerals has accumulated about 2.39 M in cash with (883.31 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 18.0% of North Arrow outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Li-FT Power Expands Lithium Empire with High-Grade Project Acquisition in Northwest Territories - StockTitan |
- Analyzing North Arrow's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether North Arrow's stock is overvalued or undervalued compared to its peers.
- Examining North Arrow's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating North Arrow's management team can have a significant impact on its success or failure. Reviewing the track record and experience of North Arrow's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of North Arrow's stock. These opinions can provide insight into North Arrow's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for North Stock Analysis
When running North Arrow's price analysis, check to measure North Arrow'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 North Arrow is operating at the current time. Most of North Arrow's value examination focuses on studying past and present price action to predict the probability of North Arrow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Arrow's price. Additionally, you may evaluate how the addition of North Arrow to your portfolios can decrease your overall portfolio volatility.