Northstar Clean Technologies Stock Performance
| ROOOF Stock | USD 0.26 0.01 3.70% |
The company secures a Beta (Market Risk) of 0.83, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Northstar Clean's returns are expected to increase less than the market. However, during the bear market, the loss of holding Northstar Clean is expected to be smaller as well. At this point, Northstar Clean Tech has a negative expected return of -0.0022%. Please make sure to verify Northstar Clean's value at risk and the relationship between the expected short fall and period momentum indicator , to decide if Northstar Clean Tech 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 Northstar Clean Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Northstar Clean is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 2 M |
Northstar |
Northstar Clean Relative Risk vs. Return Landscape
If you would invest 27.00 in Northstar Clean Technologies on December 27, 2024 and sell it today you would lose (1.00) from holding Northstar Clean Technologies or give up 3.7% of portfolio value over 90 days. Northstar Clean Technologies is currently producing negative expected returns and takes up 3.5238% volatility of returns over 90 trading days. Put another way, 31% of traded otc stocks are less volatile than Northstar, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Northstar Clean Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northstar Clean's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Northstar Clean Technologies, and traders can use it to determine the average amount a Northstar Clean'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 = -6.0E-4
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ROOOF |
Estimated Market Risk
| 3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
| 0.0 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 Northstar Clean 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 Northstar Clean by adding Northstar Clean to a well-diversified portfolio.
Northstar Clean Fundamentals Growth
Northstar OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Northstar Clean, and Northstar Clean 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 OTC Stock performance.
| Current Valuation | 12.24 M | |||
| Shares Outstanding | 108 M | |||
| Price To Book | 4.62 X | |||
| EBITDA | (6.45 M) | |||
| Total Debt | 149.01 K | |||
| Cash Flow From Operations | (4.09 M) | |||
| Total Asset | 12.37 M | |||
About Northstar Clean Performance
By analyzing Northstar Clean's fundamental ratios, stakeholders can gain valuable insights into Northstar Clean's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Northstar Clean 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 Clean has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Northstar Clean Technologies Inc., a clean technology company, focuses on the recovery and repurposing of single-use asphalt shingles in North America. The company has developed a proprietary design process for taking discarded asphalt shingles or destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate sands, and fiber for usage in new hot mix asphalt, construction products, and other industrial applications. Northstar Clean is traded on OTC Exchange in the United States.Things to note about Northstar Clean Tech performance evaluation
Checking the ongoing alerts about Northstar Clean for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Northstar Clean Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northstar Clean Tech generated a negative expected return over the last 90 days | |
| Northstar Clean Tech has some characteristics of a very speculative penny stock | |
| Northstar Clean Tech has high historical volatility and very poor performance | |
| Net Loss for the year was (7.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Northstar Clean generates negative cash flow from operations | |
| About 16.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Northstar Clean'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 Clean's stock is overvalued or undervalued compared to its peers.
- Examining Northstar Clean'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 Clean's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northstar Clean's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Northstar Clean's otc stock. These opinions can provide insight into Northstar Clean's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Northstar OTC Stock analysis
When running Northstar Clean's price analysis, check to measure Northstar Clean'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 Clean is operating at the current time. Most of Northstar Clean's value examination focuses on studying past and present price action to predict the probability of Northstar Clean'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 Clean's price. Additionally, you may evaluate how the addition of Northstar Clean to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |