North Springs Return On Equity vs. Beta
| NSRS Stock | USD 0.0001 0.00 0.00% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.009819 | Current Value 0.009328 | Quarterly Volatility 0.74768129 |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Return On Equity | 0.0093 | 0.0098 |
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For North Springs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of North Springs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well North Springs Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between North Springs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of North Springs Resources over time as well as its relative position and ranking within its peers.
North |
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of North Springs. If investors know North will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about North Springs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets (0.15) | Return On Equity (1.98) |
The market value of North Springs Resources is measured differently than its book value, which is the value of North that is recorded on the company's balance sheet. Investors also form their own opinion of North Springs' value that differs from its market value or its book value, called intrinsic value, which is North Springs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because North Springs' market value can be influenced by many factors that don't directly affect North Springs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between North Springs' value and its price as these two are different measures arrived at by different means. Investors typically determine if North Springs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North Springs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
North Springs Resources Beta vs. Return On Equity Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining North Springs's current stock value. Our valuation model uses many indicators to compare North Springs value to that of its competitors to determine the firm's financial worth. North Springs Resources is regarded fourth in return on equity category among its peers. It is considered to be number one stock in beta category among its peers . At this time, North Springs' Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value North Springs by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.North Beta vs. Return On Equity
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
North Springs |
| = | -1.98 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
North Springs |
| = | 2.64 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
North Beta Comparison
North Springs is currently under evaluation in beta category among its peers.
Beta Analysis
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, North Springs will likely underperform.
North Springs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in North Springs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, North Springs will eventually generate negative long term returns. The profitability progress is the general direction of North Springs' change in net profit over the period of time. It can combine multiple indicators of North Springs, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Operating Income | -7 K | -7.4 K | |
| Net Loss | -7 K | -7.4 K | |
| Income Before Tax | -7 K | -7.4 K | |
| Total Other Income Expense Net | -990 K | -1 M | |
| Net Loss | -7 K | -7.4 K | |
| Net Loss | -7 K | -7.4 K | |
| Net Interest Income | -5.4 K | -5.7 K | |
| Change To Netincome | 5.4 K | 4.8 K | |
| Income Quality | (2.62) | (2.48) | |
| Net Income Per E B T | 1.14 | 1.02 |
North Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on North Springs. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of North Springs position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the North Springs' important profitability drivers and their relationship over time.
Use North Springs in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if North Springs position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in North Springs will appreciate offsetting losses from the drop in the long position's value.North Springs Pair Trading
North Springs Resources Pair Trading Analysis
The ability to find closely correlated positions to North Springs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace North Springs when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back North Springs - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling North Springs Resources to buy it.
The correlation of North Springs is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as North Springs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if North Springs Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for North Springs can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your North Springs position
In addition to having North Springs in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Corporate Bonds Funds Thematic Idea Now
Corporate Bonds Funds
Funds or Etfs investing in different types of corporate debt instruments. The Corporate Bonds Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Corporate Bonds Funds Theme or any other thematic opportunities.
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Additional Tools for North Stock Analysis
When running North Springs' price analysis, check to measure North Springs' 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 Springs is operating at the current time. Most of North Springs' value examination focuses on studying past and present price action to predict the probability of North Springs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Springs' price. Additionally, you may evaluate how the addition of North Springs to your portfolios can decrease your overall portfolio volatility.