Northern Minerals Exploration Stock Performance
| NMEX Stock | USD 0.18 0.02 12.50% |
Northern Minerals holds a performance score of 9 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 2.61, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Northern Minerals will likely underperform. Use Northern Minerals downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to analyze future returns on Northern Minerals.
Risk-Adjusted Performance
9 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Northern Minerals Exploration are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak technical and fundamental indicators, Northern Minerals showed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 967.00 |
Northern |
Northern Minerals Relative Risk vs. Return Landscape
If you would invest 18.00 in Northern Minerals Exploration on September 2, 2024 and sell it today you would earn a total of 0.00 from holding Northern Minerals Exploration or generate 0.0% return on investment over 90 days. Northern Minerals Exploration is currently generating 3.3496% in daily expected returns and assumes 28.4502% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Northern, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Northern Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Minerals' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Northern Minerals Exploration, and traders can use it to determine the average amount a Northern Minerals' 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 = 0.1177
| Best Portfolio | Best Equity | |||
| Good Returns | NMEX | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 28.45 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.35 actual daily | 66 66% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Northern Minerals is performing at about 9% of its full potential. 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 Minerals by adding it to a well-diversified portfolio.
Northern Minerals Fundamentals Growth
Northern Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Northern Minerals, and Northern Minerals 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.
| Return On Asset | -8.83 | |||
| Current Valuation | 5.48 M | |||
| Shares Outstanding | 87.51 M | |||
| Price To Earning | (3.90) X | |||
| Price To Sales | 11,315 X | |||
| EBITDA | (134.05 K) | |||
| Cash And Equivalents | 23.98 K | |||
| Total Debt | 84 K | |||
| Debt To Equity | 91.90 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (165.7 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 25.81 K | |||
| Retained Earnings | (1 M) | |||
| Current Asset | 8 K | |||
| Current Liabilities | 482 K | |||
About Northern Minerals Performance
Evaluating Northern Minerals' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Northern Minerals 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 Minerals 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.
Northern Minerals Exploration Ltd. operates as a natural resource company in the United States. Northern Minerals Exploration Ltd. was incorporated in 2006 and is based in Pleasant Grove, Utah. NORTHERN MINERALS is traded on OTC Exchange in the United States.Things to note about Northern Minerals performance evaluation
Checking the ongoing alerts about Northern Minerals for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Northern Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northern Minerals is way too risky over 90 days horizon | |
| Northern Minerals has some characteristics of a very speculative penny stock | |
| Northern Minerals appears to be risky and price may revert if volatility continues | |
| Northern Minerals has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Northern Minerals Exploration currently holds 84 K in liabilities with Debt to Equity (D/E) ratio of 91.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Northern Minerals has a current ratio of 0.05, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Northern Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Minerals' 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 Minerals 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 Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (149.28 K) with loss before overhead, payroll, taxes, and interest of (1 K). | |
| Northern Minerals Exploration currently holds about 23.98 K in cash with (165.7 K) of positive cash flow from operations. | |
| Roughly 24.0% of Northern Minerals outstanding shares are owned by corporate insiders |
- Analyzing Northern Minerals' 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 Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Northern Minerals' 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 Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northern Minerals' pink sheet. These opinions can provide insight into Northern Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Northern Pink Sheet Analysis
When running Northern Minerals' price analysis, check to measure Northern 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 Northern Minerals is operating at the current time. Most of Northern Minerals' value examination focuses on studying past and present price action to predict the probability of Northern Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Minerals' price. Additionally, you may evaluate how the addition of Northern Minerals to your portfolios can decrease your overall portfolio volatility.