Nobel Competitors

Pink Sheets . USA . 
Stock . Nobel Resources Corp
NBTRF Stock  USD 0.03  0.00  0.00%   
Nobel Resources Corp competes with Lotus Resources, Canada Nickel, Magna Mining, and Osisko Metals; as well as few others. The company classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Nobel Resources competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Nobel Resources to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Nobel Resources Correlation with its peers.
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Nobel Resources Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nobel Resources and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Nobel and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nobel Resources Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
OMZNF
+ 0.73
CNIKF
CVVRF
+ 0.46
MGMNF
CVVRF
+ 0.28
OMZNF
OMZNF
+ 0.26
JUGRF
CVVRF
+ 0.21
JUGRF
OMZNF
+ 0.2
MGMNF
  
High negative correlations   
LTSRF
- 0.69
JUGRF
OMZNF
- 0.63
LTSRF
CNIKF
- 0.42
LTSRF
CNIKF
- 0.23
SPCNF
OMZNF
- 0.21
SPCNF
CVVRF
- 0.13
CNIKF

Risk-Adjusted Indicators

There is a big difference between Nobel Pink Sheet performing well and Nobel Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nobel Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Nobel Resources Competitive Analysis

The better you understand Nobel Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nobel Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nobel Resources' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
NBTRF JUGRF SPCNF LTSRF CNIKF MGMNF OMZNF CVVRF AURWF
 0.00 
 0.03 
Nobel
 2.23 
 0.06 
Juggernaut
 29.13 
 0.01 
SPC
 7.69 
 0.12 
Lotus
 8.57 
 0.76 
Canada
 2.48 
 1.24 
Magna
 6.25 
 0.34 
Osisko
 0.00 
 0.02 
Vertical
 0.00 
 0.01 
Aurwest
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Out of control
Out of control
Abnormally volatile
Dangerous
Out of control
Extremely Dangerous
Very steady
Market Performance
(90 Days Performance)
Very Weak
OK
Very Weak
Very Weak
Insignificant
OK
OK
OK
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Quite High
Dangerous
Low
Below Average
Quite High
Quite High
Average
Above Average
Quite High
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Not Rated
Strong Sell
Strong Sell
Hold
Hold
Hold
Strong Sell
Strong Sell
Current Ratio
6.02
8.67
9.48
0.63
1.21
N/A
2.18
0.67
6.69
Net Asset
4.34 M
15.32 M
4.2 M
66.61 M
144.31 M
6.99 M
100.23 M
5.65 M
6.21 M
EBITDA
(14.83 M)
(634.71 K)
(4.48 M)
(12.82 M)
(2.39 M)
(6.82 M)
(2.09 M)
(983.76 K)
(703.71 K)
Current Valuation
125.42 K
(416.44 K)
2.9 M
171.39 M
142.53 M
71.3 M
32.03 M
3.99 M
1.87 M
Price To Book
4.54
0.21
1.7
17.08
1.6
81.68
0.49
3.62
2.09
Operating Margin
N/A
N/A
N/A
-83.84
N/A
N/A
N/A
N/A
N/A
Beta
N/A
0.69
N/A
2.53
2.78
N/A
1.13
0.67
2.45
Number Of Employees
3
6
4
19
3
4
16
7
2
Shares Outstanding
77.13 M
43.45 M
125.03 M
1.33 B
113.85 M
157.2 M
225.67 M
123.28 M
99.87 M
Cash Flow From Operations
(8.32 M)
(817.79 K)
(4.47 M)
(9.96 M)
(1.87 M)
(5.77 M)
(2.59 M)
(688.5 K)
(749.3 K)
Total Debt
7.4 K
N/A
119.98 K
10.79 M
156.77 K
28.71 K
N/A
N/A
N/A
Return On Equity
-6.49
-0.0093
-1.15
-0.7
-0.0666
-2.26
-0.0416
-0.14
-0.2
Z Score
N/A
N/A
56.7
12.0
N/A
N/A
N/A
N/A
N/A
Return On Asset
-3.18
-0.0253
-0.63
-0.11
-0.0565
-0.22
-0.0179
-0.0824
-0.15
Book Value Per Share
0.013
0.35
0.026
0.013
1.05
0.018
0.45
0.041
0.055
Total Asset
4.34 M
15.32 M
4.2 M
66.61 M
144.31 M
6.99 M
100.23 M
5.65 M
6.21 M
Debt To Equity
0.001
N/A
0.025
0.33
0.001
N/A
N/A
0.8
N/A
Shares Owned By Institutions
N/A
8.78
19.55
22.58
2.37
0.13
6.58
N/A
N/A
Market Capitalization
3.73 M
3.88 M
12.08 M
216.48 M
149.22 M
141.48 M
41.66 M
4.23 M
8.99 M
Price To Earning
N/A
80.0
N/A
N/A
N/A
N/A
N/A
-6.29
N/A
Price To Sales
N/A
N/A
N/A
1025.55
N/A
N/A
N/A
N/A
N/A
Net Income
(10.54 M)
(138.56 K)
(4.5 M)
(12 M)
(5.54 M)
(6.76 M)
(5.25 M)
(983.89 K)
(704.09 K)
Earnings Per Share
-0.15
-0.015
-0.036
-0.005
-0.059
N/A
-0.021
-0.008
-0.005
Shares Owned By Insiders
11.24
1.27
2.7
21.58
4.03
35.6
35.72
6.52
18.53
Revenue
N/A
N/A
N/A
166.93 K
N/A
N/A
N/A
N/A
N/A
Cash And Equivalents
1.56 M
3.73 M
4.91 M
4.88 M
8.76 M
N/A
12.71 M
120.22 K
1.55 M
Cash Per Share
0.02
0.09
0.04
N/A
0.08
N/A
0.06
N/A
0.02
Gross Profit
N/A
(154.47 K)
N/A
19.75 K
N/A
(199.72 K)
N/A
N/A
(12.07 K)
Day Typical Price
0.025
0.0546
0.009
0.12
0.75
1.23
0.34
0.0245
0.01
Accumulation Distribution
N/A
0.0218
N/A
N/A
160.53
1020.8
367.65
N/A
N/A
Market Facilitation Index
N/A
0.0012
N/A
N/A
0.0
0.0
0.0
N/A
N/A
Daily Balance Of Power
0.0
1.0
(9,223,372,036,855)
(9,223,372,036,855)
3.0
0.75
2.0
0.0
0.0
Period Momentum Indicator
N/A
0.0012
(0)
(0.01)
0.06
0.03
0.02
N/A
N/A
Rate Of Daily Change
1.0
1.02
0.71
0.92
1.09
1.02
1.06
1.0
1.0
Day Median Price
0.025
0.0544
0.009
0.12
0.75
1.23
0.34
0.0245
0.01
Price Action Indicator
N/A
0.0012
(0)
(0.01)
0.04
0.025
0.015
N/A
N/A
Coefficient Of Variation
19757.58
743.62
(806.23)
19735.72
1149.72
925.21
803.12
800.0
N/A
Mean Deviation
0.3938
7.14
0.8826
3.94
2.58
3.15
3.26
0.0253
N/A
Jensen Alpha
(0.03)
1.38
(0.49)
0.0385
0.3176
0.4558
0.6697
0.0021
N/A
Total Risk Alpha
0.0894
1.85
(0.31)
0.2503
0.4608
0.5785
0.8724
0.007
N/A
Sortino Ratio
N/A
0.1122
N/A
0.0066
0.1165
0.1269
0.12
N/A
N/A
Downside Variance
N/A
167.68
N/A
70.03
8.91
12.84
33.32
N/A
N/A
Standard Deviation
2.19
10.61
3.61
5.72
3.69
3.96
5.35
0.1029
N/A
Kurtosis
31.61
3.71
65.0
(0.35)
3.05
(0.34)
9.52
64.0
N/A
Potential Upside
N/A
14.29
N/A
9.09
7.25
7.77
9.09
N/A
N/A
Treynor Ratio
(0)
(1.57)
0.5636
0.0355
1.81
0.4066
1.76
(0.15)
N/A
Maximum Drawdown
12.61
69.43
N/A
24.48
17.46
16.65
35.84
0.823
N/A
Variance
4.77
112.59
13.06
32.72
13.65
15.7
28.62
0.0106
N/A
Market Risk Adjusted Performance
0.0089
(1.56)
0.5736
0.0455
1.82
0.4166
1.77
(0.14)
N/A
Risk Adjusted Performance
0.0104
0.1305
(0.10)
0.013
0.0861
0.1053
0.1207
0.0351
N/A
Skewness
0.4856
(0.18)
(8.06)
(0.15)
1.52
0.3556
2.02
8.0
N/A
Semi Deviation
N/A
9.4
N/A
4.72
2.13
3.11
2.96
N/A
N/A
Information Ratio
0.0172
0.137
(0.12)
0.0097
0.0941
0.1148
0.1295
0.3826
N/A
Value At Risk
N/A
(13.62)
N/A
(8.33)
(3.80)
(5.45)
(4.55)
N/A
N/A
Expected Short fall
N/A
(9.31)
N/A
(7.91)
(4.69)
(4.06)
(7.40)
N/A
N/A
Downside Deviation
N/A
12.95
N/A
8.37
2.99
3.58
5.77
N/A
N/A
Semi Variance
N/A
88.35
N/A
22.25
4.55
9.67
8.74
N/A
N/A

Nobel Resources Competition Performance Charts

JavaScript chart by amCharts 3.21.152025FebMarFeb 12Feb 17Feb 22Feb 27MarMar 09Mar 14Mar 19Mar 24-20%0%20%40%60% Show all
JavaScript chart by amCharts 3.21.15Nobel Resources Corp Juggernaut Exploration SPC Nickel Corp Lotus Resources Canada Nickel Magna Mining Osisko Metals Vertical Exploration Aurwest Resources Dow Jones Industrial

Five steps to successful analysis of Nobel Resources Competition

Nobel Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nobel Resources Corp in relation to its competition. Nobel Resources' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Nobel Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nobel Resources' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nobel Resources Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Other Information on Investing in Nobel Pink Sheet

Nobel Resources financial ratios help investors to determine whether Nobel Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nobel with respect to the benefits of owning Nobel Resources security.

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