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.

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

Execute Advice
Sell NioCorp DevelopmentsBuy NioCorp Developments
Hold

Market Performance

OKDetails

Volatility

Very riskyDetails

Hype Condition

Over hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Quite HighDetails

Economic Sensitivity

Actively responds to the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

FrailDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon NioCorp Developments Ltd has a Risk Adjusted Performance of 0.0475, Jensen Alpha of 0.4218, Total Risk Alpha of 0.8391, Sortino Ratio of 0.067 and Treynor Ratio of 0.1132
We provide investment recommendation to complement the last-minute expert consensus on NioCorp Developments Ltd. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure NioCorp Developments is not overpriced, please verify all NioCorp Developments Ltd fundamentals, including its earnings per share, and the relationship between the total debt and market capitalization . Please also check out NioCorp Developments shares owned by institutions to check your buy or sell decision is consistent with all fundamental data available and that the company can sustain itself in the current economic cycle.

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

202020212022202320242025 (projected)
Change In Cash7.0M(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 Items1.1M2.6M13.3M(1.6M)(1.8M)(1.7M)
Net Income(4.8M)(10.9M)(40.3M)(11.9M)(10.7M)(11.2M)
End Period Cash Flow7.3M5.3M2.3M2.0M2.3M3.2M

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 Jones1.90
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
FundamentalsNioCorp DevelopmentsPeer Average
Return On Equity-7.72-0.31
Return On Asset-0.42-0.14
Current Valuation86.07 M16.62 B
Shares Outstanding42.51 M571.82 M
Shares Owned By Insiders6.26 %10.09 %
Shares Owned By Institutions5.46 %39.21 %
Number Of Shares Shorted943.8 K4.71 M
Price To Book12.37 X9.51 X
EBITDA(7.54 M)3.9 B
Net Income(11.9 M)570.98 M
Total Debt7.86 M5.32 B
Book Value Per Share0.03 X1.93 K
Cash Flow From Operations(11.73 M)971.22 M
Short Ratio6.06 X4.00 X
Earnings Per Share(0.27) X3.12 X
Target Price6.25
Number Of Employees718.84 K
Beta0.27-0.15
Market Capitalization65.89 M19.03 B
Total Asset20.07 M29.47 B
Retained Earnings(161.91 M)9.33 B
Working Capital(9.04 M)1.48 B
Net Asset20.07 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.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having NioCorp Developments 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 Entertainment Thematic Idea Now

Entertainment
Entertainment Theme
Companies from entertainment industry including show business, news and media. The Entertainment theme has 45 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 Entertainment Theme or any other thematic opportunities.
View All  Next Launch
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.
Earnings Share
(0.27)
Return On Assets
(0.42)
Return On Equity
(7.72)
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.