Norwest Minerals (Australia) Price on July 16, 2024
| NWM Stock | 0.02 0 5.88% |
Below is the normalized historical share price chart for Norwest Minerals extending back to November 29, 2018. 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 Norwest Minerals stands at 0.02, as last reported on the 26th 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 Norwest Stock, it is important to understand the factors that can impact its price. Norwest Minerals has Sharpe Ratio of -0.0489, which conveys that the firm had a -0.0489% return per unit of risk over the last 3 months. Norwest Minerals exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Norwest Minerals' Standard Deviation of 6.14, risk adjusted performance of (0.02), and Mean Deviation of 4.06 to check out the risk estimate we provide.
At this time, Norwest Minerals' Other Stockholder Equity is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 3.1 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 10.1 M in 2024. . Norwest Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.027 | 50 Day MA 0.0189 | Beta 1.295 |
Norwest |
Sharpe Ratio = -0.0489
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| Negative Returns | NWM |
Estimated Market Risk
| 6.21 actual daily | 55 55% of assets are less volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Norwest Minerals is not performing at its full potential. However, 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 Norwest Minerals by adding Norwest Minerals to a well-diversified portfolio.
Price Book 0.374 | Book Value 0.053 | Enterprise Value 7.9 M | Enterprise Value Ebitda (4.68) | Price Sales 19 K |
Norwest Minerals Valuation on July 16, 2024
It is possible to determine the worth of Norwest Minerals on a given historical date. On July 16, 2024 Norwest was worth 0.034 at the beginning of the trading date compared to the closed value of 0.032. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Norwest Minerals stock. Still, in general, we apply an absolute valuation method to find Norwest 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 Norwest Minerals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Norwest Minerals' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
07/16/2024 | 0.03 | 0.03 | 0.03 | 0.03 | 1,159,066 |
| 0.03 | 0.04 | 0.03 | 0.03 | 1,390,174 |
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Norwest Minerals Trading Date Momentum on July 16, 2024
| On July 17 2024 Norwest Minerals was traded for 0.03 at the closing time. The maximum traded price for the trading interval was 0.04 and the lowest daily price was 0.03 . The daily volume was recorded at 1.4 M. The volume of trading on 17th of July 2024 played a part in the next trading day price appreciation. The trading delta at closing time to the next closing price was 6.25% . The trading delta at closing time to the closing price today is 15.63% . |
Norwest Minerals Fundamentals Correlations and Trends
By evaluating Norwest 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 Norwest Minerals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Norwest financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Norwest Minerals Stock history
Norwest 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 Norwest is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Norwest 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 Norwest Minerals stock prices may prove useful in developing a viable investing in Norwest Minerals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 317.4 M | 163.7 M | |
| Net Loss | -268.7 K | -282.2 K |
Norwest Minerals Stock Technical Analysis
Norwest 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
Norwest Minerals Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Norwest Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Norwest Minerals December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Norwest 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 Norwest Minerals shares will generate the highest return on investment. By undertsting and applying Norwest Minerals stock market strength indicators, traders can identify Norwest Minerals entry and exit signals to maximize returns
Norwest Minerals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Norwest Minerals' price direction in advance. Along with the technical and fundamental analysis of Norwest Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Norwest 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 | (0.02) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 0.5642 |
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Additional Tools for Norwest Stock Analysis
When running Norwest Minerals' price analysis, check to measure Norwest 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 Norwest Minerals is operating at the current time. Most of Norwest Minerals' value examination focuses on studying past and present price action to predict the probability of Norwest Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norwest Minerals' price. Additionally, you may evaluate how the addition of Norwest Minerals to your portfolios can decrease your overall portfolio volatility.