Norwest Minerals (Australia) Performance
| NWM Stock | 0.02 0 5.56% |
The company secures a Beta (Market Risk) of -0.86, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Norwest Minerals are expected to decrease slowly. On the other hand, during market turmoil, Norwest Minerals is expected to outperform it slightly. At this point, Norwest Minerals has a negative expected return of -0.014%. Please make sure to verify Norwest Minerals' maximum drawdown, skewness, accumulation distribution, as well as the relationship between the potential upside and kurtosis , to decide if Norwest Minerals 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 Norwest Minerals has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable primary indicators, Norwest Minerals is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
1 | Norwest Minerals Unveils Comprehensive Annual Report - TipRanks | 09/25/2024 |
2 | Norwest Minerals Sees Strong Support at AGM - TipRanks | 11/18/2024 |
| Begin Period Cash Flow | 1 M |
Norwest |
Norwest Minerals Relative Risk vs. Return Landscape
If you would invest 2.10 in Norwest Minerals on August 30, 2024 and sell it today you would lose (0.20) from holding Norwest Minerals or give up 9.52% of portfolio value over 90 days. Norwest Minerals is producing return of less than zero assuming 5.4125% volatility of returns over the 90 days investment horizon. Simply put, 48% of all stocks have less volatile historical return distribution than Norwest Minerals, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Norwest Minerals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norwest Minerals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Norwest Minerals, and traders can use it to determine the average amount a Norwest Minerals' 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 = -0.0026
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| Negative Returns | NWM |
Estimated Market Risk
| 5.41 actual daily | 48 52% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 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.
Norwest Minerals Fundamentals Growth
Norwest Stock prices reflect investors' perceptions of the future prospects and financial health of Norwest Minerals, and Norwest Minerals 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 Norwest Stock performance.
| Return On Equity | -0.0521 | ||||
| Return On Asset | -0.0313 | ||||
| Operating Margin | 851.65 % | ||||
| Current Valuation | 9.35 M | ||||
| Shares Outstanding | 485.12 M | ||||
| Price To Book | 0.44 X | ||||
| Price To Sales | 19,007 X | ||||
| Revenue | 536 | ||||
| Gross Profit | 86.76 K | ||||
| EBITDA | (1.04 M) | ||||
| Net Income | (1.04 M) | ||||
| Cash And Equivalents | 1.01 M | ||||
| Total Debt | 375 K | ||||
| Book Value Per Share | 0.05 X | ||||
| Cash Flow From Operations | (998.55 K) | ||||
| Total Asset | 21.75 M | ||||
| Retained Earnings | (8.97 M) | ||||
About Norwest Minerals Performance
Assessing Norwest Minerals' fundamental ratios provides investors with valuable insights into Norwest Minerals' financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Norwest Minerals is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Norwest Minerals is entity of Australia. It is traded as Stock on AU exchange.Things to note about Norwest Minerals performance evaluation
Checking the ongoing alerts about Norwest Minerals for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Norwest Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Norwest Minerals generated a negative expected return over the last 90 days | |
| Norwest Minerals has high historical volatility and very poor performance | |
| Norwest Minerals has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 536. Net Loss for the year was (1.04 M) with profit before overhead, payroll, taxes, and interest of 86.76 K. | |
| Norwest Minerals has accumulated about 1.01 M in cash with (998.55 K) of positive cash flow from operations. | |
| Roughly 43.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Norwest Minerals Sees Strong Support at AGM - TipRanks |
- Analyzing Norwest Minerals' 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 Norwest Minerals' stock is overvalued or undervalued compared to its peers.
- Examining Norwest Minerals' 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 Norwest Minerals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norwest Minerals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norwest Minerals' stock. These opinions can provide insight into Norwest Minerals' potential for growth and whether the stock is currently undervalued or overvalued.
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.