Nortec Minerals Corp Stock Price on May 31, 2024
| NVT Stock | CAD 0.02 0.00 0.00% |
Below is the normalized historical share price chart for Nortec Minerals Corp extending back to July 10, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nortec Minerals stands at 0.02, as last reported on the 23rd of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
If you're considering investing in Nortec Stock, it is important to understand the factors that can impact its price. Nortec Minerals appears to be out of control, given 3 months investment horizon. Nortec Minerals Corp has Sharpe Ratio of 0.0344, which conveys that the firm had a 0.0344% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Nortec Minerals, which you can use to evaluate the volatility of the firm. Please exercise Nortec Minerals' Standard Deviation of 7.45, mean deviation of 1.51, and Risk Adjusted Performance of 0.0358 to check out if our risk estimates are consistent with your expectations.
At this time, Nortec Minerals' Common Stock Shares Outstanding is fairly stable compared to the past year. Capital Stock is likely to climb to about 24 M in 2024, whereas Common Stock is likely to drop slightly above 21.4 M in 2024. . Nortec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0219 | 50 Day MA 0.0222 | Beta 0.695 |
Nortec |
Sharpe Ratio = 0.0344
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Estimated Market Risk
| 7.57 actual daily | 67 67% of assets are less volatile |
Expected Return
| 0.26 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nortec Minerals is performing at about 2% 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 Nortec Minerals by adding it to a well-diversified portfolio.
Price Book 2.423 | Book Value (0) | Enterprise Value 797.1 K | Enterprise Value Ebitda (0.64) | Shares Float 35.5 M |
Nortec Minerals Valuation on May 31, 2024
It is possible to determine the worth of Nortec Minerals on a given historical date. On May 31, 2024 Nortec was worth 0.02 at the beginning of the trading date compared to the closed value of 0.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nortec Minerals stock. Still, in general, we apply an absolute valuation method to find Nortec 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 Nortec Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nortec Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 | |
05/31/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
| 0.02 | 0.02 | 0.02 | 0.02 | 1.00 |
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Nortec Minerals Trading Date Momentum on May 31, 2024
| On June 03 2024 Nortec Minerals Corp was traded for 0.02 at the closing time. The highest daily price throughout the period was 0.02 and the lowest price was 0.02 . There was no trading activity during the period 1.0. Lack of trading volume on 06/03/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Nortec Minerals Corp Fundamentals Correlations and Trends
By evaluating Nortec 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 Nortec Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nortec financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nortec Minerals Stock history
Nortec 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 Nortec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nortec Minerals Corp 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 Nortec Minerals stock prices may prove useful in developing a viable investing in Nortec Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 53.4 M | 61.1 M | |
| Net Income Applicable To Common Shares | 160 K | 168 K |
Nortec Minerals Stock Technical Analysis
Nortec Minerals technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Nortec Minerals Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Nortec Minerals Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
Nortec Minerals December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Nortec Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nortec Minerals shares will generate the highest return on investment. By undertsting and applying Nortec Minerals stock market strength indicators, traders can identify Nortec Minerals Corp entry and exit signals to maximize returns
Nortec Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nortec Minerals' price direction in advance. Along with the technical and fundamental analysis of Nortec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nortec 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 | 0.0358 | |||
| Jensen Alpha | 0.2475 | |||
| Total Risk Alpha | 0.0339 | |||
| Treynor Ratio | (1.07) |
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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.