Nortec Minerals Corp Stock Buy Hold or Sell Recommendation
| NVT Stock | CAD 0.02 0.00 0.00% |
Assuming the 90 days horizon and your highly speculative risk level, our recommendation regarding Nortec Minerals Corp is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Nortec Minerals Corp given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Nortec Minerals Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nortec Minerals 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. Note, we conduct extensive research on individual companies such as Nortec and provide practical buy, sell, or hold advice based on investors' constraints. Nortec Minerals Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Nortec |
Execute Nortec Minerals Buy or Sell Advice
The Nortec recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nortec Minerals Corp. Macroaxis does not own or have any residual interests in Nortec Minerals Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nortec Minerals' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nortec Minerals Trading Alerts and Improvement Suggestions
| Nortec Minerals Corp had very high historical volatility over the last 90 days | |
| Nortec Minerals Corp has some characteristics of a very speculative penny stock | |
| Nortec Minerals Corp has a very high chance of going through financial distress in the upcoming years | |
| Nortec Minerals Corp has accumulated 145 K in total debt with debt to equity ratio (D/E) of 17.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nortec Minerals Corp has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nortec Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Nortec Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nortec Minerals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nortec to invest in growth at high rates of return. When we think about Nortec Minerals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (327.44 K) with loss before overhead, payroll, taxes, and interest of (14.83 K). | |
| Nortec Minerals Corp has accumulated about 6.31 K in cash with (525.59 K) of positive cash flow from operations. | |
| Roughly 35.0% of Nortec Minerals outstanding shares are owned by corporate insiders |
Nortec Minerals Returns Distribution Density
The distribution of Nortec Minerals' historical returns is an attempt to chart the uncertainty of Nortec Minerals' future price movements. The chart of the probability distribution of Nortec Minerals daily returns describes the distribution of returns around its average expected value. We use Nortec Minerals Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nortec Minerals returns is essential to provide solid investment advice for Nortec Minerals.
| Mean Return | 0.25 | Value At Risk | 0.00 | Potential Upside | 0.00 | Standard Deviation | 7.45 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nortec Minerals 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.
Nortec Minerals 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 Nortec Minerals 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 Nortec Minerals' 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 Nortec 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 | 0.25 | |
β | Beta against Dow Jones | -0.36 | |
σ | Overall volatility | 7.51 | |
Ir | Information ratio | 0.03 |
Nortec Minerals Volatility Alert
Nortec Minerals Corp is displaying above-average volatility over the selected time horizon. Nortec Minerals Corp is a penny stock. Although Nortec Minerals may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Nortec Minerals Corp. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Nortec instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Nortec Minerals Fundamentals Vs Peers
Comparing Nortec Minerals' 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 Nortec Minerals' direct or indirect competition across all of the common fundamentals between Nortec Minerals and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nortec Minerals or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nortec Minerals' fundamental indicators could also be used in its relative valuation, which is a method of valuing Nortec Minerals by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nortec Minerals to competition |
| Fundamentals | Nortec Minerals | Peer Average |
| Return On Equity | -6.99 | -0.31 |
| Return On Asset | -0.5 | -0.14 |
| Current Valuation | 797.08 K | 16.62 B |
| Shares Outstanding | 53.4 M | 571.82 M |
| Shares Owned By Insiders | 35.13 % | 10.09 % |
| Number Of Shares Shorted | 47 | 4.71 M |
| Price To Earning | (7.08) X | 28.72 X |
| Price To Book | 2.42 X | 9.51 X |
| Gross Profit | (14.83 K) | 27.38 B |
| EBITDA | 1.68 M | 3.9 B |
| Net Income | (327.44 K) | 570.98 M |
| Cash And Equivalents | 6.31 K | 2.7 B |
| Total Debt | 145 K | 5.32 B |
| Debt To Equity | 17.80 % | 48.70 % |
| Current Ratio | 0.03 X | 2.16 X |
| Book Value Per Share | (0) X | 1.93 K |
| Cash Flow From Operations | (525.59 K) | 971.22 M |
| Short Ratio | 2.49 X | 4.00 X |
| Earnings Per Share | (0.01) X | 3.12 X |
| Beta | 0.7 | -0.15 |
| Market Capitalization | 1.07 M | 19.03 B |
| Total Asset | 348.58 K | 29.47 B |
| Retained Earnings | (27.27 M) | 9.33 B |
| Working Capital | (52.15 K) | 1.48 B |
| Net Asset | 348.58 K |
Nortec Minerals Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nortec . 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 Nortec Minerals Buy or Sell Advice
When is the right time to buy or sell Nortec Minerals Corp? Buying financial instruments such as Nortec 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.
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Additional Tools for Nortec Stock Analysis
When running Nortec Minerals' price analysis, check to measure Nortec Minerals' 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 Nortec Minerals is operating at the current time. Most of Nortec Minerals' value examination focuses on studying past and present price action to predict the probability of Nortec Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortec Minerals' price. Additionally, you may evaluate how the addition of Nortec Minerals to your portfolios can decrease your overall portfolio volatility.