Northern Minerals Exploration Stock Price on October 25, 2024
| NMEX Stock | USD 0.12 0.06 33.33% |
If you're considering investing in Northern Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Northern Minerals stands at 0.12, as last reported on the 11th of December 2024, with the highest price reaching 0.12 and the lowest price hitting 0.12 during the day. Northern Minerals is out of control given 3 months investment horizon. Northern Minerals has Sharpe Ratio of 0.0923, which conveys that the firm had a 0.0923% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.67% are justified by taking the suggested risk. Use Northern Minerals Downside Deviation of 26.24, mean deviation of 16.88, and Risk Adjusted Performance of 0.0713 to evaluate company specific risk that cannot be diversified away.
Northern Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Northern |
Sharpe Ratio = 0.0923
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Estimated Market Risk
| 28.92 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.67 actual daily | 53 53% of assets have lower returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Northern Minerals is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Minerals by adding it to a well-diversified portfolio.
Northern Minerals Valuation on October 25, 2024
It is possible to determine the worth of Northern Minerals on a given historical date. On October 25, 2024 Northern was worth 0.19 at the beginning of the trading date compared to the closed value of 0.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Minerals pink sheet. Still, in general, we apply an absolute valuation method to find Northern Minerals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.16 | 0.19 | 0.16 | 0.19 | 1,112 | |
10/25/2024 | 0.19 | 0.19 | 0.17 | 0.17 | 2,200 |
| 0.19 | 0.19 | 0.19 | 0.19 | 526.00 |
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Northern Minerals Trading Date Momentum on October 25, 2024
| On October 28 2024 Northern Minerals Exploration was traded for 0.19 at the closing time. The top price for the day was 0.19 and the lowest listed price was 0.19 . The trading volume for the day was 526. The trading history from October 28, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 11.76% . The trading delta at closing time against the current closing price is 11.76% . |
Northern Minerals Fundamentals Correlations and Trends
By evaluating Northern Minerals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northern Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northern Minerals Pink Sheet history
Northern Minerals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Minerals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Northern Minerals stock prices may prove useful in developing a viable investing in Northern Minerals
Northern Minerals Exploration Ltd. operates as a natural resource company in the United States. Northern Minerals Exploration Ltd. was incorporated in 2006 and is based in Pleasant Grove, Utah. NORTHERN MINERALS is traded on OTC Exchange in the United States.
Northern Minerals Pink Sheet Technical Analysis
Northern Minerals technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Northern Minerals Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Northern Minerals Exploration cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Northern Minerals December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Minerals pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Minerals shares will generate the highest return on investment. By undertsting and applying Northern Minerals pink sheet market strength indicators, traders can identify Northern Minerals Exploration entry and exit signals to maximize returns
Northern Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Minerals' price direction in advance. Along with the technical and fundamental analysis of Northern Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0713 | |||
| Jensen Alpha | 1.67 | |||
| Total Risk Alpha | (2.08) | |||
| Sortino Ratio | 0.0871 | |||
| Treynor Ratio | 0.3754 |
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Additional Tools for Northern Pink Sheet Analysis
When running Northern Minerals' price analysis, check to measure Northern 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 Northern Minerals is operating at the current time. Most of Northern Minerals' value examination focuses on studying past and present price action to predict the probability of Northern Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Minerals' price. Additionally, you may evaluate how the addition of Northern Minerals to your portfolios can decrease your overall portfolio volatility.