Northern Sphere Mining Stock Performance

NSMCF Stock  USD 0.0001  0.00  0.00%   
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Northern Sphere are completely uncorrelated.

Risk-Adjusted Performance

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Over the last 90 days Northern Sphere Mining has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable fundamental indicators, Northern Sphere is not utilizing all of its potentials. The recent stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Begin Period Cash Flow587 K
Total Cashflows From Investing Activities-135.5 K
Free Cash Flow-3.6 M
  

Northern Sphere Relative Risk vs. Return Landscape

If you would invest  0.01  in Northern Sphere Mining on September 23, 2024 and sell it today you would earn a total of  0.00  from holding Northern Sphere Mining or generate 0.0% return on investment over 90 days. Northern Sphere Mining is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Northern, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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Northern Sphere Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Sphere's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Northern Sphere Mining, and traders can use it to determine the average amount a Northern Sphere'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 = 0.0

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NSMCF
Based on monthly moving average Northern Sphere 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 Northern Sphere by adding Northern Sphere to a well-diversified portfolio.

Northern Sphere Fundamentals Growth

Northern Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Northern Sphere, and Northern Sphere 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 Northern Pink Sheet performance.

About Northern Sphere Performance

By analyzing Northern Sphere's fundamental ratios, stakeholders can gain valuable insights into Northern Sphere's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Northern Sphere 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 Northern Sphere has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Northern Sphere Mining Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of precious and base metal projects. Northern Sphere Mining Corp. is headquartered in Toronto, Canada. Northern Sphere operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.

Things to note about Northern Sphere Mining performance evaluation

Checking the ongoing alerts about Northern Sphere for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Northern Sphere Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Northern Sphere generated a negative expected return over the last 90 days
Northern Sphere has some characteristics of a very speculative penny stock
Northern Sphere has a very high chance of going through financial distress in the upcoming years
The company has a current ratio of 0.06, 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 Northern Sphere until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Sphere'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 Northern Sphere Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Sphere's use of debt, we should always consider it together with cash and equity.
Northern Sphere Mining reported the revenue of 3.49 K. Net Loss for the year was (4 M) with profit before overhead, payroll, taxes, and interest of 0.
Northern Sphere Mining has accumulated about 2.51 K in cash with (3.51 M) of positive cash flow from operations.
Roughly 19.0% of the company outstanding shares are owned by corporate insiders
Evaluating Northern Sphere's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Northern Sphere's pink sheet performance include:
  • Analyzing Northern Sphere'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 Northern Sphere's stock is overvalued or undervalued compared to its peers.
  • Examining Northern Sphere'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 Northern Sphere's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Sphere's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Northern Sphere's pink sheet. These opinions can provide insight into Northern Sphere's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Northern Sphere's pink sheet performance is not an exact science, and many factors can impact Northern Sphere's pink sheet market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Northern Pink Sheet analysis

When running Northern Sphere's price analysis, check to measure Northern Sphere'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 Northern Sphere is operating at the current time. Most of Northern Sphere's value examination focuses on studying past and present price action to predict the probability of Northern Sphere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Sphere's price. Additionally, you may evaluate how the addition of Northern Sphere to your portfolios can decrease your overall portfolio volatility.
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