Nicola Mining Stock Performance
| NIM Stock | CAD 0.27 0.01 3.57% |
The company secures a Beta (Market Risk) of -0.36, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Nicola Mining are expected to decrease at a much lower rate. During the bear market, Nicola Mining is likely to outperform the market. At this point, Nicola Mining has a negative expected return of -0.37%. Please make sure to verify Nicola Mining's jensen alpha and the relationship between the potential upside and price action indicator , to decide if Nicola Mining performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nicola Mining has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in December 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
Last Split Factor 1:2 | Last Split Date 2023-11-17 |
1 | Research Nicola Mining with almost 100 percent upside potential - goldinvest.de | 10/25/2024 |
| Begin Period Cash Flow | 895.8 K |
Nicola |
Nicola Mining Relative Risk vs. Return Landscape
If you would invest 36.00 in Nicola Mining on August 30, 2024 and sell it today you would lose (9.00) from holding Nicola Mining or give up 25.0% of portfolio value over 90 days. Nicola Mining is currently producing negative expected returns and takes up 4.2533% volatility of returns over 90 trading days. Put another way, 37% of traded stocks are less volatile than Nicola, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nicola Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nicola Mining's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nicola Mining, and traders can use it to determine the average amount a Nicola Mining's 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 = -0.0863
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Estimated Market Risk
| 4.25 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.37 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nicola Mining 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 Nicola Mining by adding Nicola Mining to a well-diversified portfolio.
Nicola Mining Fundamentals Growth
Nicola Stock prices reflect investors' perceptions of the future prospects and financial health of Nicola Mining, and Nicola Mining 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 Nicola Stock performance.
| Return On Equity | -0.93 | ||||
| Return On Asset | -0.18 | ||||
| Current Valuation | 46.28 M | ||||
| Shares Outstanding | 166.68 M | ||||
| Price To Earning | (6.00) X | ||||
| Price To Book | 10.13 X | ||||
| Gross Profit | (1.44 M) | ||||
| EBITDA | (5.59 M) | ||||
| Net Income | 601.3 K | ||||
| Cash And Equivalents | 569.05 K | ||||
| Total Debt | 4.25 M | ||||
| Current Ratio | 0.11 X | ||||
| Book Value Per Share | 0.03 X | ||||
| Cash Flow From Operations | 3.31 M | ||||
| Earnings Per Share | (0.03) X | ||||
| Market Capitalization | 44.17 M | ||||
| Total Asset | 25.72 M | ||||
| Retained Earnings | (92.72 M) | ||||
| Working Capital | 4.75 M | ||||
About Nicola Mining Performance
Evaluating Nicola Mining's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nicola Mining 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 Nicola Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | (0.25) | (0.26) | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.10 | 0.10 |
Things to note about Nicola Mining performance evaluation
Checking the ongoing alerts about Nicola Mining for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nicola Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nicola Mining generated a negative expected return over the last 90 days | |
| Nicola Mining has some characteristics of a very speculative penny stock | |
| Nicola Mining has high historical volatility and very poor performance | |
| Nicola Mining has high likelihood to experience some financial distress in the next 2 years | |
| Nicola Mining has accumulated 4.25 M in total debt. Nicola Mining has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nicola Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Nicola Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nicola Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nicola to invest in growth at high rates of return. When we think about Nicola Mining's use of debt, we should always consider it together with cash and equity. | |
| About 22.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nicola Mining's 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 Nicola Mining's stock is overvalued or undervalued compared to its peers.
- Examining Nicola Mining's 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 Nicola Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nicola Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nicola Mining's stock. These opinions can provide insight into Nicola Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nicola Stock Analysis
When running Nicola Mining's price analysis, check to measure Nicola Mining's 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 Nicola Mining is operating at the current time. Most of Nicola Mining's value examination focuses on studying past and present price action to predict the probability of Nicola Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nicola Mining's price. Additionally, you may evaluate how the addition of Nicola Mining to your portfolios can decrease your overall portfolio volatility.