We recommend to make use of Noram Lithium Corp fundamental analysis to find out if markets are presently mispricing the entity. Strictly speaking this technique allows you to check out available financial ratios of Noram Lithium Corp as well as the relationship between them. We were able to interpolate twenty-seven available fundamentals for Noram Lithium, which can be compared to its peers in the industry. The stock experiences a very speculative upward sentiment. Check odds of Noram Lithium to be traded at C$0.1625 in 90 days. Key indicators impacting Noram Lithium's financial strength include:
Understanding current and past Noram Lithium Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Noram Lithium's financial statements are interrelated, with each one affecting the others. For example, an increase in Noram Lithium's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Noram Lithium's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Noram Lithium Corp. Check Noram Lithium's Beneish M Score to see the likelihood of Noram Lithium's management manipulating its earnings.
Noram Lithium Stock Summary
Noram Lithium competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Noram Ventures Inc., a junior exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada and the United States. Noram Ventures Inc. was founded in 2010 and is headquartered in Vancouver, Canada. NORAM VENTURES operates under Industrial Metals Minerals classification in Canada and is traded on TSX Venture Exchange.
You should never invest in Noram Lithium without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Noram Stock, because this is throwing your money away. Analyzing the key information contained in Noram Lithium's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Noram Lithium Key Financial Ratios
There are many critical financial ratios that Noram Lithium's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Noram Lithium Corp reports annually and quarterly.
Comparative valuation techniques use various fundamental indicators to help in determining Noram Lithium's current stock value. Our valuation model uses many indicators to compare Noram Lithium value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Noram Lithium competition to find correlations between indicators driving Noram Lithium's intrinsic value. More Info.
Noram Lithium Corp is regarded fourth in return on equity category among its peers. It is regarded fifth in return on asset category among its peers . At this time, Noram Lithium's Return On Equity is fairly stable compared to the past year. 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 Noram Lithium's earnings, one of the primary drivers of an investment's value.
Noram Lithium Corp Systematic Risk
Noram Lithium's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Noram Lithium 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 function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Noram Lithium Corp correlated with the market. If Beta is less than 0 Noram Lithium generally moves in the opposite direction as compared to the market. If Noram Lithium Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Noram Lithium Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Noram Lithium is generally in the same direction as the market. If Beta > 1 Noram Lithium moves generally in the same direction as, but more than the movement of the benchmark.
Noram Lithium Corp Total Assets Over Time
Today, most investors in Noram Lithium Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Noram Lithium's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Noram Lithium growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Noram Lithium help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Noram Lithium Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Noram Lithium Corp based on widely used predictive technical indicators. In general, we focus on analyzing Noram Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Noram Lithium's daily price indicators and compare them against related drivers.
When running Noram Lithium's price analysis, check to measure Noram Lithium'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 Noram Lithium is operating at the current time. Most of Noram Lithium's value examination focuses on studying past and present price action to predict the probability of Noram Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noram Lithium's price. Additionally, you may evaluate how the addition of Noram Lithium to your portfolios can decrease your overall portfolio volatility.