Nobel29 Resources Financials
| NBLC Stock | CAD 0.04 0.00 0.00% |
Nobel29 |
Please note, the imprecision that can be found in Nobel29 Resources' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Nobel29 Resources Corp. Check Nobel29 Resources' Beneish M Score to see the likelihood of Nobel29 Resources' management manipulating its earnings.
Nobel29 Resources Stock Summary
Nobel29 Resources competes with Emerita Resources, Ngx Energy, and Cassiar Gold. Nobel Resources Corp. engages in the exploration and production of copper in northern Chile. NOBEL29 RESOURCES is traded on Commodity Exchange in Exotistan.| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA65501C1005 |
| Business Address | 36 Lombard Street, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | nobel-resources.com |
| Phone | 416 356 4839 |
| Currency | CAD - Canadian Dollar |
You should never invest in Nobel29 Resources without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nobel29 Stock, because this is throwing your money away. Analyzing the key information contained in Nobel29 Resources' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nobel29 Resources Key Financial Ratios
There are many critical financial ratios that Nobel29 Resources' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nobel29 Resources Corp reports annually and quarterly.| Return On Equity | -4.97 | |||
| Return On Asset | -1.84 | |||
| Beta | -0.071 |
Nobel29 Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nobel29 Resources's current stock value. Our valuation model uses many indicators to compare Nobel29 Resources value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nobel29 Resources competition to find correlations between indicators driving Nobel29 Resources's intrinsic value. More Info.Nobel29 Resources Corp is regarded third in return on equity category among its peers. It also is regarded third in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nobel29 Resources' earnings, one of the primary drivers of an investment's value.Nobel29 Resources Corp Systematic Risk
Nobel29 Resources' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nobel29 Resources volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Nobel29 Resources Corp correlated with the market. If Beta is less than 0 Nobel29 Resources generally moves in the opposite direction as compared to the market. If Nobel29 Resources Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nobel29 Resources Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nobel29 Resources is generally in the same direction as the market. If Beta > 1 Nobel29 Resources moves generally in the same direction as, but more than the movement of the benchmark.
Nobel29 Resources January 3, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nobel29 Resources help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nobel29 Resources Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nobel29 Resources Corp based on widely used predictive technical indicators. In general, we focus on analyzing Nobel29 Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nobel29 Resources's daily price indicators and compare them against related drivers.
| Downside Deviation | 13.31 | |||
| Information Ratio | 0.0251 | |||
| Maximum Drawdown | 52.86 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 11.11 |
Additional Tools for Nobel29 Stock Analysis
When running Nobel29 Resources' price analysis, check to measure Nobel29 Resources' 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 Nobel29 Resources is operating at the current time. Most of Nobel29 Resources' value examination focuses on studying past and present price action to predict the probability of Nobel29 Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nobel29 Resources' price. Additionally, you may evaluate how the addition of Nobel29 Resources to your portfolios can decrease your overall portfolio volatility.