North Arrow Minerals Stock Buy Hold or Sell Recommendation
| NAR Stock | CAD 0.13 0.01 7.14% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding North Arrow Minerals is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell North Arrow Minerals given historical horizon and risk tolerance towards North Arrow. When Macroaxis issues a 'buy' or 'sell' recommendation for North Arrow Minerals, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out North Arrow Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as North and provide practical buy, sell, or hold advice based on investors' constraints. North Arrow Minerals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
North |
Execute North Arrow Buy or Sell Advice
The North recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on North Arrow Minerals. Macroaxis does not own or have any residual interests in North Arrow Minerals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute North Arrow's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Quite High | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
North Arrow Trading Alerts and Improvement Suggestions
| North Arrow Minerals generated a negative expected return over the last 90 days | |
| North Arrow Minerals has high historical volatility and very poor performance | |
| North Arrow Minerals has some characteristics of a very speculative penny stock | |
| North Arrow Minerals has high likelihood to experience some financial distress in the next 2 years | |
| North Arrow Minerals has accumulated 571.99 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. North Arrow Minerals has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist North Arrow until it has trouble settling it off, either with new capital or with free cash flow. So, North Arrow's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like North Arrow Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North Arrow's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (907.6 K) with loss before overhead, payroll, taxes, and interest of (64.77 K). | |
| North Arrow Minerals has accumulated about 2.39 M in cash with (883.31 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. | |
| Roughly 18.0% of North Arrow outstanding shares are owned by corporate insiders |
North Arrow Returns Distribution Density
The distribution of North Arrow's historical returns is an attempt to chart the uncertainty of North Arrow's future price movements. The chart of the probability distribution of North Arrow daily returns describes the distribution of returns around its average expected value. We use North Arrow Minerals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of North Arrow returns is essential to provide solid investment advice for North Arrow.
| Mean Return | -0.41 | Value At Risk | -16.67 | Potential Upside | 5.56 | Standard Deviation | 12.67 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of North Arrow historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
North Arrow Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 70.5K | 512.4K | (59.5K) | (760.9K) | 157.1K | 164.9K | |
| Depreciation | 89.3K | 77.4K | 50.5K | 43.7K | 42.0K | 24.7K | |
| Capital Expenditures | 510.6K | 2.1K | 310.6K | 4.2K | 5.2K | 4.9K | |
| Net Income | (870.9K) | (628.2K) | (1.7M) | (4.2M) | (907.6K) | (953.0K) | |
| End Period Cash Flow | 579.6K | 1.1M | 1.0M | 271.5K | 428.6K | 407.1K | |
| Free Cash Flow | (1.2M) | (505.9K) | (966.3K) | (552.6K) | (888.5K) | (932.9K) | |
| Other Non Cash Items | 5K | 28.6K | 86.5K | 55.6K | (168.1K) | (159.7K) | |
| Change To Netincome | 138.8K | (19.0K) | 189.8K | 73.7K | 66.4K | 63.0K |
North Arrow Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to North Arrow or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that North Arrow's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a North stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.63 | |
β | Beta against Dow Jones | 1.74 | |
σ | Overall volatility | 13.00 | |
Ir | Information ratio | -0.04 |
North Arrow Volatility Alert
North Arrow Minerals is displaying above-average volatility over the selected time horizon. North Arrow Minerals is a potential penny stock. Although North Arrow may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in North Arrow Minerals. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on North instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.North Arrow Fundamentals Vs Peers
Comparing North Arrow's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze North Arrow's direct or indirect competition across all of the common fundamentals between North Arrow and the related equities. This way, we can detect undervalued stocks with similar characteristics as North Arrow or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of North Arrow's fundamental indicators could also be used in its relative valuation, which is a method of valuing North Arrow by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare North Arrow to competition |
| Fundamentals | North Arrow | Peer Average |
| Return On Equity | 0.0381 | -0.31 |
| Return On Asset | -0.0332 | -0.14 |
| Current Valuation | 2.56 M | 16.62 B |
| Shares Outstanding | 28.58 M | 571.82 M |
| Shares Owned By Insiders | 17.57 % | 10.09 % |
| Number Of Shares Shorted | 80 | 4.71 M |
| Price To Earning | (26.11) X | 28.72 X |
| Price To Book | 0.21 X | 9.51 X |
| Gross Profit | (64.77 K) | 27.38 B |
| EBITDA | (1.31 M) | 3.9 B |
| Net Income | (907.6 K) | 570.98 M |
| Cash And Equivalents | 2.39 M | 2.7 B |
| Cash Per Share | 0.02 X | 5.01 X |
| Total Debt | 571.99 K | 5.32 B |
| Debt To Equity | 0.02 % | 48.70 % |
| Current Ratio | 0.99 X | 2.16 X |
| Book Value Per Share | 1.02 X | 1.93 K |
| Cash Flow From Operations | (883.31 K) | 971.22 M |
| Short Ratio | 0.01 X | 4.00 X |
| Earnings Per Share | 6.90 X | 3.12 X |
| Beta | 3.11 | -0.15 |
| Market Capitalization | 3.86 M | 19.03 B |
| Total Asset | 17.9 M | 29.47 B |
| Retained Earnings | (30.44 M) | 9.33 B |
| Working Capital | (487.69 K) | 1.48 B |
| Net Asset | 17.9 M |
North Arrow Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as North . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.93 | |||
| Day Median Price | 0.13 | |||
| Day Typical Price | 0.13 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 51.73 |
About North Arrow Buy or Sell Advice
When is the right time to buy or sell North Arrow Minerals? Buying financial instruments such as North Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having North Arrow in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Munis Funds Thematic Idea Now
Munis Funds
Funds or Etfs that invest in fixed income securities issued by states, cities, and towns as well as other public entities. The Munis Funds theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Munis Funds Theme or any other thematic opportunities.
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Additional Tools for North Stock Analysis
When running North Arrow's price analysis, check to measure North Arrow'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 North Arrow is operating at the current time. Most of North Arrow's value examination focuses on studying past and present price action to predict the probability of North Arrow's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move North Arrow's price. Additionally, you may evaluate how the addition of North Arrow to your portfolios can decrease your overall portfolio volatility.