Northstar Gold Corp Stock Performance
| NSGCF Stock | USD 0.02 0.0005 2.00% |
On a scale of 0 to 100, Northstar Gold holds a performance score of 5. The company secures a Beta (Market Risk) of -0.59, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Northstar Gold are expected to decrease at a much lower rate. During the bear market, Northstar Gold is likely to outperform the market. Please check Northstar Gold's maximum drawdown, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to make a quick decision on whether Northstar Gold's current price movements will revert.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Northstar Gold Corp are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Northstar Gold reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.3 M | |
| Total Cashflows From Investing Activities | -75 K |
Northstar |
Northstar Gold Relative Risk vs. Return Landscape
If you would invest 2.10 in Northstar Gold Corp on December 23, 2024 and sell it today you would earn a total of 0.35 from holding Northstar Gold Corp or generate 16.67% return on investment over 90 days. Northstar Gold Corp is currently producing 0.6018% returns and takes up 8.7315% volatility of returns over 90 trading days. Put another way, 77% of traded pink sheets are less volatile than Northstar, and 88% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Northstar Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northstar Gold's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Northstar Gold Corp, and traders can use it to determine the average amount a Northstar Gold'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 = 0.0689
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Estimated Market Risk
| 8.73 actual daily | 77 77% of assets are less volatile |
Expected Return
| 0.6 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Northstar Gold is performing at about 5% 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 Northstar Gold by adding it to a well-diversified portfolio.
Northstar Gold Fundamentals Growth
Northstar Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Northstar Gold, and Northstar Gold 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 Northstar Pink Sheet performance.
| Return On Equity | -0.32 | |||
| Return On Asset | -0.19 | |||
| Current Valuation | 3.88 M | |||
| Shares Outstanding | 76.66 M | |||
| Price To Book | 1.22 X | |||
| EBITDA | (2.77 M) | |||
| Cash And Equivalents | 174.02 K | |||
| Total Debt | 94.18 K | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | 0.08 X | |||
| Cash Flow From Operations | (2.49 M) | |||
| Earnings Per Share | (0.05) X | |||
| Total Asset | 5.42 M | |||
About Northstar Gold Performance
By analyzing Northstar Gold's fundamental ratios, stakeholders can gain valuable insights into Northstar Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Northstar Gold 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 Northstar Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Northstar Gold Corp. engages in the identification, evaluation, and exploration of mineral properties in Canada. The company was incorporated in 2008 and is based in New Liskeard, Canada. Northstar Gold is traded on OTC Exchange in the United States.Things to note about Northstar Gold Corp performance evaluation
Checking the ongoing alerts about Northstar Gold for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Northstar Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northstar Gold Corp is way too risky over 90 days horizon | |
| Northstar Gold Corp has some characteristics of a very speculative penny stock | |
| Northstar Gold Corp appears to be risky and price may revert if volatility continues | |
| Northstar Gold Corp has accumulated 94.18 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Northstar Gold Corp has a current ratio of 0.66, 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 Northstar Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Northstar Gold'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 Northstar Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northstar to invest in growth at high rates of return. When we think about Northstar Gold's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.37 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Northstar Gold Corp has accumulated about 174.02 K in cash with (2.49 M) of positive cash flow from operations. |
- Analyzing Northstar Gold'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 Northstar Gold's stock is overvalued or undervalued compared to its peers.
- Examining Northstar Gold'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 Northstar Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northstar Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northstar Gold's pink sheet. These opinions can provide insight into Northstar Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Northstar Pink Sheet analysis
When running Northstar Gold's price analysis, check to measure Northstar Gold'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 Northstar Gold is operating at the current time. Most of Northstar Gold's value examination focuses on studying past and present price action to predict the probability of Northstar Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northstar Gold's price. Additionally, you may evaluate how the addition of Northstar Gold to your portfolios can decrease your overall portfolio volatility.
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