Nickel Mines Limited Stock Performance
| NICMF Stock | USD 0.41 0.01 2.50% |
The company secures a Beta (Market Risk) of 1.45, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nickel Mines will likely underperform. At this point, Nickel Mines Limited has a negative expected return of -0.18%. Please make sure to verify Nickel Mines' total risk alpha and the relationship between the potential upside and market facilitation index , to decide if Nickel Mines Limited performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nickel Mines Limited has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest weak performance, the Stock's primary indicators remain stable and the current disturbance on Wall Street may also be a sign of long-run gains for the company stockholders. ...more
| Begin Period Cash Flow | 456.3 M | |
| Total Cashflows From Investing Activities | -597.9 M |
Nickel |
Nickel Mines Relative Risk vs. Return Landscape
If you would invest 51.00 in Nickel Mines Limited on December 24, 2024 and sell it today you would lose (10.00) from holding Nickel Mines Limited or give up 19.61% of portfolio value over 90 days. Nickel Mines Limited is currently producing negative expected returns and takes up 5.4099% volatility of returns over 90 trading days. Put another way, 48% of traded pink sheets are less volatile than Nickel, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nickel Mines Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nickel Mines' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nickel Mines Limited, and traders can use it to determine the average amount a Nickel Mines' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0342
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| Negative Returns | NICMF |
Estimated Market Risk
| 5.41 actual daily | 48 52% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nickel Mines 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 Nickel Mines by adding Nickel Mines to a well-diversified portfolio.
Nickel Mines Fundamentals Growth
Nickel Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nickel Mines, and Nickel Mines fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nickel Pink Sheet performance.
| Return On Equity | 0.15 | |||
| Return On Asset | 0.0843 | |||
| Profit Margin | 0.19 % | |||
| Operating Margin | 0.28 % | |||
| Current Valuation | 2.14 B | |||
| Shares Outstanding | 2.99 B | |||
| Price To Earning | 9.93 X | |||
| Price To Book | 1.40 X | |||
| Price To Sales | 2.16 X | |||
| Revenue | 645.94 M | |||
| EBITDA | 230.06 M | |||
| Cash And Equivalents | 97.92 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 318.32 M | |||
| Debt To Equity | 0.20 % | |||
| Book Value Per Share | 0.50 X | |||
| Cash Flow From Operations | 189.02 M | |||
| Earnings Per Share | 0.06 X | |||
| Total Asset | 1.8 B | |||
About Nickel Mines Performance
By analyzing Nickel Mines' fundamental ratios, stakeholders can gain valuable insights into Nickel Mines' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nickel Mines has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nickel Mines has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nickel Industries Limited engages in nickel ore mining and nickel pig iron production operations in Singapore and Indonesia. Nickel Industries Limited was incorporated in 2007 and is headquartered in Sydney, Australia. Nickel Industries operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Nickel Mines Limited performance evaluation
Checking the ongoing alerts about Nickel Mines for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nickel Mines Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nickel Mines Limited generated a negative expected return over the last 90 days | |
| Nickel Mines Limited has high historical volatility and very poor performance | |
| Nickel Mines Limited has some characteristics of a very speculative penny stock | |
| About 44.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nickel Mines' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nickel Mines' stock is overvalued or undervalued compared to its peers.
- Examining Nickel Mines' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nickel Mines' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nickel Mines' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nickel Mines' pink sheet. These opinions can provide insight into Nickel Mines' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nickel Pink Sheet analysis
When running Nickel Mines' price analysis, check to measure Nickel Mines' 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 Nickel Mines is operating at the current time. Most of Nickel Mines' value examination focuses on studying past and present price action to predict the probability of Nickel Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nickel Mines' price. Additionally, you may evaluate how the addition of Nickel Mines to your portfolios can decrease your overall portfolio volatility.
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