Nouveau Competitors
| NMG Stock | USD 2.33 0.06 2.64% |
Nouveau Monde vs Dolly Varden Correlation
Weak diversification
The correlation between Nouveau Monde Graphite and DVS is 0.31 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Nouveau Monde Graphite and DVS in the same portfolio, assuming nothing else is changed.
Moving together with Nouveau Stock
| 0.62 | VA7A | VERISK ANLYTCS A Earnings Call This Week | PairCorr |
Moving against Nouveau Stock
| 0.54 | AKN | Auking Mining | PairCorr |
| 0.48 | P1J1 | Playfair Mining | PairCorr |
| 0.41 | AACA | AALBERTS IND | PairCorr |
| 0.34 | ASM | Australian Strategic | PairCorr |
Nouveau Monde Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Nouveau Monde and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Nouveau and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Nouveau Monde Graphite does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Nouveau Stock performing well and Nouveau Monde Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Nouveau Monde's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LZM | 2.97 | 0.18 | 0.06 | 0.18 | 3.58 | 7.99 | 21.24 | |||
| ABAT | 6.08 | 0.07 | 0.04 | 0.10 | 6.30 | 11.73 | 38.57 | |||
| WRN | 3.71 | 0.77 | 0.15 | 0.54 | 5.07 | 9.90 | 29.32 | |||
| VHI | 2.99 | 0.13 | 0.06 | 0.15 | 3.17 | 7.75 | 19.23 | |||
| IONR | 4.14 | 0.20 | 0.03 | 0.32 | 5.66 | 8.75 | 35.03 | |||
| IPI | 2.43 | 0.30 | 0.12 | 0.26 | 2.77 | 6.26 | 15.26 | |||
| EMX | 2.84 | 0.40 | 0.08 | (2.01) | 3.32 | 6.54 | 14.90 | |||
| ADUR | 4.48 | (0.13) | 0.00 | 6.83 | 0.00 | 12.11 | 26.37 | |||
| NEWP | 4.15 | 0.89 | 0.19 | 0.46 | 4.31 | 12.24 | 28.62 | |||
| DVS | 3.43 | 0.33 | 0.08 | 0.27 | 4.27 | 8.09 | 26.95 |
Cross Equities Net Income Analysis
Compare Nouveau Monde Graphite and related stocks such as Lifezone Metals, American Battery Tec, and Western Copper Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LZM | 8.9 K | 8.9 K | 8.9 K | 8.9 K | 8.9 K | 8.9 K | 8.9 K | 8.9 K | 8.9 K | 8.9 K | 8.9 K | (18 M) | (23.6 M) | (363.9 M) | (46.3 M) | (41.7 M) | (43.8 M) |
| ABAT | (41.5 K) | (41.5 K) | (41.5 K) | (43.4 K) | (38 K) | (28.3 M) | (2.7 M) | (6 M) | (12.6 M) | (17.8 M) | (41.8 M) | (33.5 M) | (21.3 M) | (52.5 M) | (46.8 M) | (42.1 M) | (40 M) |
| WRN | (248.5 K) | (22 M) | (3.9 M) | (1.4 M) | (1.9 M) | (2.1 M) | (2.1 M) | (2.7 M) | (2.9 M) | (1.8 M) | (1.5 M) | (3.7 M) | (5 M) | (3.3 M) | (6.9 M) | (6.2 M) | (5.9 M) |
| VHI | 18.2 M | 217.5 M | 159.8 M | (98 M) | 53.8 M | (133.6 M) | (15.9 M) | 207.5 M | 262.2 M | 49.2 M | 55.2 M | 127.2 M | 87.2 M | (9.9 M) | 108 M | 124.2 M | 65.6 M |
| IONR | (614 K) | (1.4 M) | (980 K) | (4.5 M) | (1.1 M) | (3.5 M) | (12.1 M) | (1.9 M) | (673 K) | (3.9 M) | (8.9 M) | (9.1 M) | (6.4 M) | (7.9 M) | (9.6 K) | (8.6 K) | (9 K) |
| IPI | 36 M | 109.4 M | 87.4 M | 22.3 M | 9.8 M | (524.8 M) | (66.6 M) | (22.9 M) | 11.8 M | 13.6 M | (27.2 M) | 249.8 M | 72.2 M | (35.7 M) | (212.8 M) | (191.6 M) | (182 M) |
| NEWP | (119.9 K) | (1.2 M) | (1.2 M) | (38.9 M) | 1.4 M | (91.3 K) | 1.1 M | (3.1 M) | (821.7 K) | 16.1 M | (7.2 M) | (5.8 M) | (8.1 M) | (7.8 M) | (3.8 M) | (7.8 M) | (7.4 M) |
| DVS | (145 K) | (145 K) | (4.8 M) | (2.3 M) | (5.4 M) | (3.6 M) | (5 M) | (6.3 M) | (8.4 M) | (5 M) | (7.3 M) | (8.2 M) | (19.3 M) | (26.6 M) | (20.6 M) | (18.6 M) | (17.7 M) |
Nouveau Monde Graphite and related stocks such as Lifezone Metals, American Battery Tec, and Western Copper Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Nouveau Monde Graphite financial statement analysis. It represents the amount of money remaining after all of Nouveau Monde Graphite operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Nouveau Monde Competitive Analysis
The better you understand Nouveau Monde competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Nouveau Monde's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Nouveau Monde's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Nouveau Monde Competition Performance Charts
Five steps to successful analysis of Nouveau Monde Competition
Nouveau Monde's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Nouveau Monde Graphite in relation to its competition. Nouveau Monde's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Nouveau Monde in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Nouveau Monde's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Nouveau Monde Graphite, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Nouveau Monde Correlation with its peers. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Can Diversified Metals & Mining industry sustain growth momentum? Does Nouveau have expansion opportunities? Factors like these will boost the valuation of Nouveau Monde. Anticipated expansion of Nouveau directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Nouveau Monde demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Nouveau Monde Graphite's market price often diverges from its book value, the accounting figure shown on Nouveau's balance sheet. Smart investors calculate Nouveau Monde's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Nouveau Monde's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Nouveau Monde's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Nouveau Monde should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Nouveau Monde's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
