Northern Dynasty Minerals Stock Beta
| NAK Stock | USD 0.53 0.04 8.37% |
Northern Dynasty Minerals fundamentals help investors to digest information that contributes to Northern Dynasty's financial success or failures. It also enables traders to predict the movement of Northern Stock. The fundamental analysis module provides a way to measure Northern Dynasty's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Northern Dynasty stock.
Northern | Beta |
Northern Dynasty Minerals Company Beta Analysis
Northern Dynasty's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Northern Dynasty Beta | 0.75 |
Most of Northern Dynasty's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Northern Dynasty Minerals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Northern Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Northern Dynasty is extremely important. It helps to project a fair market value of Northern Stock properly, considering its historical fundamentals such as Beta. Since Northern Dynasty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Northern Dynasty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Northern Dynasty's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Northern Dynasty Minerals has a Beta of 0.752. This is 13.56% lower than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The beta for all United States stocks is notably lower than that of the firm.
Northern Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Northern Dynasty's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Northern Dynasty could also be used in its relative valuation, which is a method of valuing Northern Dynasty by comparing valuation metrics of similar companies.Northern Dynasty is currently under evaluation in beta category among its peers.
Northern Dynasty Current Valuation Drivers
We derive many important indicators used in calculating different scores of Northern Dynasty from analyzing Northern Dynasty's financial statements. These drivers represent accounts that assess Northern Dynasty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northern Dynasty's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 199.0M | 194.6M | 215.0M | 158.4M | 227.0M | 427.6M | |
| Enterprise Value | 187.5M | 153.0M | 193.4M | 144.8M | 211.4M | 398.4M |
As returns on the market increase, Northern Dynasty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northern Dynasty is expected to be smaller as well.
Northern Fundamentals
| Return On Equity | -0.14 | |||
| Return On Asset | -0.0816 | |||
| Current Valuation | 254.72 M | |||
| Shares Outstanding | 537.72 M | |||
| Shares Owned By Insiders | 1.84 % | |||
| Shares Owned By Institutions | 17.23 % | |||
| Number Of Shares Shorted | 5.56 M | |||
| Price To Earning | (14.03) X | |||
| Price To Book | 3.31 X | |||
| EBITDA | (22.33 M) | |||
| Net Income | (21 M) | |||
| Cash And Equivalents | 14.17 M | |||
| Cash Per Share | 0.05 X | |||
| Total Debt | 2.66 M | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 4.46 X | |||
| Book Value Per Share | 0.23 X | |||
| Cash Flow From Operations | (22.11 M) | |||
| Short Ratio | 2.89 X | |||
| Earnings Per Share | (0.03) X | |||
| Target Price | 1.28 | |||
| Beta | 0.75 | |||
| Market Capitalization | 265.43 M | |||
| Total Asset | 143.85 M | |||
| Retained Earnings | (696.96 M) | |||
| Working Capital | 14.77 M | |||
| Current Asset | 7.64 M | |||
| Current Liabilities | 1.96 M | |||
| Net Asset | 143.85 M |
About Northern Dynasty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Northern Dynasty Minerals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northern Dynasty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northern Dynasty Minerals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Northern Dynasty Piotroski F Score and Northern Dynasty Altman Z Score analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 Northern Dynasty. If investors know Northern 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 Northern Dynasty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Return On Assets (0.08) | Return On Equity (0.14) |
The market value of Northern Dynasty Minerals is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Dynasty's value that differs from its market value or its book value, called intrinsic value, which is Northern Dynasty's 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 Northern Dynasty's market value can be influenced by many factors that don't directly affect Northern Dynasty's 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 Northern Dynasty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Dynasty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Dynasty's 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.