Niocorp Developments Ltd Stock Buy Hold or Sell Recommendation
| NB Stock | 1.82 0.10 5.81% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding NioCorp Developments Ltd is 'Hold'. Macroaxis provides NioCorp Developments buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NB positions.
Check out NioCorp Developments Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as NioCorp and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards NioCorp Developments Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
NioCorp |
Execute NioCorp Developments Buy or Sell Advice
The NioCorp recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NioCorp Developments Ltd. Macroaxis does not own or have any residual interests in NioCorp Developments Ltd or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NioCorp Developments' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | OK | Details | |
Volatility | Very risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
NioCorp Developments Trading Alerts and Improvement Suggestions
| NioCorp Developments may become a speculative penny stock | |
| NioCorp Developments appears to be risky and price may revert if volatility continues | |
| NioCorp Developments has high likelihood to experience some financial distress in the next 2 years | |
| Annual Net Loss to common stockholders was (11.9 M) with gross profit of 0. | |
| NioCorp Developments generates negative cash flow from operations | |
| NioCorp Developments has a frail financial position based on the latest SEC disclosures | |
| Latest headline from finance.yahoo.com: Is NioCorp Developments Ltd. Stock Outpacing Its Basic Materials Peers This Year |
NioCorp Developments Returns Distribution Density
The distribution of NioCorp Developments' historical returns is an attempt to chart the uncertainty of NioCorp Developments' future price movements. The chart of the probability distribution of NioCorp Developments daily returns describes the distribution of returns around its average expected value. We use NioCorp Developments Ltd price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NioCorp Developments returns is essential to provide solid investment advice for NioCorp Developments.
| Mean Return | 0.22 | Value At Risk | -6.01 | Potential Upside | 8.12 | Standard Deviation | 4.98 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NioCorp Developments historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
NioCorp Developments Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 7.0M | (2.0M) | (2.9M) | (329K) | (296.1K) | (281.3K) | |
| Free Cash Flow | (11.0M) | (6.2M) | (17.3M) | (11.7M) | (10.6M) | (11.1M) | |
| Other Non Cash Items | 1.1M | 2.6M | 13.3M | (1.6M) | (1.8M) | (1.7M) | |
| Net Income | (4.8M) | (10.9M) | (40.3M) | (11.9M) | (10.7M) | (11.2M) | |
| End Period Cash Flow | 7.3M | 5.3M | 2.3M | 2.0M | 2.3M | 3.2M |
NioCorp Developments Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NioCorp Developments or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NioCorp Developments' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NioCorp stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.42 | |
β | Beta against Dow Jones | 1.90 | |
σ | Overall volatility | 4.99 | |
Ir | Information ratio | 0.07 |
NioCorp Developments Volatility Alert
NioCorp Developments Ltd exhibits above-average semi-deviation for your current time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NioCorp Developments' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NioCorp Developments' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.NioCorp Developments Fundamentals Vs Peers
Comparing NioCorp Developments' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NioCorp Developments' direct or indirect competition across all of the common fundamentals between NioCorp Developments and the related equities. This way, we can detect undervalued stocks with similar characteristics as NioCorp Developments or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NioCorp Developments' fundamental indicators could also be used in its relative valuation, which is a method of valuing NioCorp Developments by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NioCorp Developments to competition |
| Fundamentals | NioCorp Developments | Peer Average |
| Return On Equity | -7.72 | -0.31 |
| Return On Asset | -0.42 | -0.14 |
| Current Valuation | 86.07 M | 16.62 B |
| Shares Outstanding | 42.51 M | 571.82 M |
| Shares Owned By Insiders | 6.26 % | 10.09 % |
| Shares Owned By Institutions | 5.46 % | 39.21 % |
| Number Of Shares Shorted | 943.8 K | 4.71 M |
| Price To Book | 12.37 X | 9.51 X |
| EBITDA | (7.54 M) | 3.9 B |
| Net Income | (11.9 M) | 570.98 M |
| Total Debt | 7.86 M | 5.32 B |
| Book Value Per Share | 0.03 X | 1.93 K |
| Cash Flow From Operations | (11.73 M) | 971.22 M |
| Short Ratio | 6.06 X | 4.00 X |
| Earnings Per Share | (0.27) X | 3.12 X |
| Target Price | 6.25 | |
| Number Of Employees | 7 | 18.84 K |
| Beta | 0.27 | -0.15 |
| Market Capitalization | 65.89 M | 19.03 B |
| Total Asset | 20.07 M | 29.47 B |
| Retained Earnings | (161.91 M) | 9.33 B |
| Working Capital | (9.04 M) | 1.48 B |
| Net Asset | 20.07 M |
Note: Acquisition by Guerrero-mahon Nilsa of 75000 shares of NioCorp Developments at 2.99 subject to Rule 16b-3 [view details]
NioCorp Developments Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NioCorp . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About NioCorp Developments Buy or Sell Advice
When is the right time to buy or sell NioCorp Developments Ltd? Buying financial instruments such as NioCorp Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Check out NioCorp Developments Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Diversified Metals & Mining 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 NioCorp Developments. If investors know NioCorp 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 NioCorp Developments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NioCorp Developments is measured differently than its book value, which is the value of NioCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NioCorp Developments' value that differs from its market value or its book value, called intrinsic value, which is NioCorp Developments' 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 NioCorp Developments' market value can be influenced by many factors that don't directly affect NioCorp Developments' 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 NioCorp Developments' value and its price as these two are different measures arrived at by different means. Investors typically determine if NioCorp Developments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NioCorp Developments' 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.