Nickel Mines Financials
NICMF Stock | USD 0.59 0.03 5.36% |
Nickel |
Understanding current and past Nickel Mines Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nickel Mines' financial statements are interrelated, with each one affecting the others. For example, an increase in Nickel Mines' assets may result in an increase in income on the income statement.
Nickel Mines Stock Summary
Nickel Mines competes with South Star, and Mundoro Capital. Nickel Industries Limited engages in nickel ore mining and nickel pig iron production operations in Singapore and Indonesia. Nickel Industries Limited was incorporated in 2007 and is headquartered in Sydney, Australia. Nickel Industries operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Instrument | USA Pink Sheet View All |
Exchange | PINK Exchange |
Business Address | 66 Hunter Street, |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Benchmark | Dow Jones Industrial |
Website | www.nickelindustries.com |
Phone | 61 2 9300 3311 |
Currency | USD - US Dollar |
Nickel Mines Key Financial Ratios
There are many critical financial ratios that Nickel Mines' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nickel Mines Limited reports annually and quarterly.Return On Equity | 0.15 | |||
Return On Asset | 0.0843 | |||
Beta | 1.13 | |||
Z Score | 4.2 | |||
Last Dividend Paid | 0.028 |
Nickel Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nickel Mines's current stock value. Our valuation model uses many indicators to compare Nickel Mines value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nickel Mines competition to find correlations between indicators driving Nickel Mines's intrinsic value. More Info.Nickel Mines Limited is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.56 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nickel Mines Limited is roughly 1.78 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nickel Mines' earnings, one of the primary drivers of an investment's value.Nickel Mines Limited Systematic Risk
Nickel Mines' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nickel Mines volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Nickel Mines Limited correlated with the market. If Beta is less than 0 Nickel Mines generally moves in the opposite direction as compared to the market. If Nickel Mines Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nickel Mines Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nickel Mines is generally in the same direction as the market. If Beta > 1 Nickel Mines moves generally in the same direction as, but more than the movement of the benchmark.
Nickel Mines November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nickel Mines help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nickel Mines Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nickel Mines Limited based on widely used predictive technical indicators. In general, we focus on analyzing Nickel Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nickel Mines's daily price indicators and compare them against related drivers.
Downside Deviation | 8.72 | |||
Information Ratio | 0.0427 | |||
Maximum Drawdown | 28.87 | |||
Value At Risk | (6.67) | |||
Potential Upside | 9.09 |
Complementary Tools for Nickel Pink Sheet analysis
When running Nickel Mines' price analysis, check to measure Nickel Mines' 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 Nickel Mines is operating at the current time. Most of Nickel Mines' value examination focuses on studying past and present price action to predict the probability of Nickel Mines' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nickel Mines' price. Additionally, you may evaluate how the addition of Nickel Mines to your portfolios can decrease your overall portfolio volatility.
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