Noram Lithium Financials
| NRVTF Stock | USD 0.09 0 4.65% |
With this module, you can analyze Noram financials for your investing period. You should be able to track the changes in Noram Lithium individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Noram |
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.
The data published in Noram Lithium's official financial statements typically reflect Noram Lithium's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Noram Lithium's quantitative information. For example, before you start analyzing numbers published by Noram accountants, it's essential to understand Noram Lithium's liquidity, profitability, and earnings quality within the context of the Basic Materials space in which it operates.
Noram Lithium Stock Summary
Noram Lithium competes with Aurelia Metals, Patriot Battery, Critical Elements, Mundoro Capital, and Strategic Resources. Noram Lithium Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. Noram Lithium Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada. NORAM VENTURES is traded on OTC Exchange in the United States.| Instrument | USA OTC Stock View All |
| Exchange | OTCQB Exchange |
| ISIN | CA65542K1030 |
| Business Address | 555 West Hastings |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | noramlithiumcorp.com |
| Phone | 604 553 2279 |
| Currency | USD - US Dollar |
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.| Return On Equity | 0.0605 | |||
| Return On Asset | -0.23 | |||
| Beta | 1.42 |
Noram Financial Ratios Relationships
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 considered to be number one stock in return on equity category among its peers. It is rated below average in return on asset category among its peers . 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 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 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 November 23, 2024 Opportunity Range
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 OTC 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.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 36.6 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 11.11 |
Complementary Tools for Noram OTC Stock analysis
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.
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