Niocorp Developments Ltd Stock Buy Hold or Sell Recommendation
| NIOBW Stock | 0.1 0.01 13.64% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding NioCorp Developments Ltd is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell NioCorp Developments Ltd given historical horizon and risk tolerance towards NioCorp Developments. When Macroaxis issues a 'buy' or 'sell' recommendation for NioCorp Developments Ltd, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out NioCorp Developments 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 NioCorp and provide practical buy, sell, or hold advice based on investors' constraints. NioCorp Developments Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
NioCorp |
Execute NioCorp Developments Buy or Sell Advice
The NioCorp recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NioCorp Developments Ltd. Macroaxis does not own or have any residual interests in NioCorp Developments Ltd or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NioCorp Developments' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | High | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Very Weak | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
NioCorp Developments Trading Alerts and Improvement Suggestions
| NioCorp Developments is way too risky over 90 days horizon | |
| NioCorp Developments has some characteristics of a very speculative penny stock | |
| NioCorp Developments appears to be risky and price may revert if volatility continues | |
| NioCorp Developments has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (11.44 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NioCorp Developments generates negative cash flow from operations | |
| NioCorp Developments has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Niocorp developments director Dean Kehler acquires shares - Investing.com |
NioCorp Developments Returns Distribution Density
The distribution of NioCorp Developments' historical returns is an attempt to chart the uncertainty of NioCorp Developments' future price movements. The chart of the probability distribution of NioCorp Developments daily returns describes the distribution of returns around its average expected value. We use NioCorp Developments Ltd price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NioCorp Developments returns is essential to provide solid investment advice for NioCorp Developments.
| Mean Return | 1.26 | Value At Risk | -23.08 | Potential Upside | 31.87 | Standard Deviation | 17.92 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NioCorp Developments 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.
NioCorp Developments Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (50K) | 7.0M | (2.0M) | (2.9M) | (329K) | (312.6K) | |
| Stock Based Compensation | 153K | 797K | 1.7M | 1.8M | 2.9M | 1.5M | |
| Free Cash Flow | (3.0M) | (11.0M) | (6.2M) | (17.3M) | (11.7M) | (12.3M) | |
| Change In Working Capital | 619K | (1.1M) | 42K | 1.9M | (1.2M) | (1.1M) | |
| Begin Period Cash Flow | 357K | 307K | 7.3M | 5.3M | 2.3M | 2.9M | |
| Total Cash From Operating Activities | (3.0M) | (4.7M) | (6.2M) | (17.3M) | (11.7M) | (12.3M) | |
| Issuance Of Capital Stock | 470K | 10.7M | 4.7M | 2.5M | 6.2M | 5.2M | |
| Net Income | (4.0M) | (4.4M) | (9.9M) | (40.1M) | (11.4M) | (12.0M) | |
| Total Cash From Financing Activities | 3.0M | 18.1M | 4.3M | 14.6M | 11.4M | 10.3M | |
| End Period Cash Flow | 307K | 7.3M | 5.3M | 2.3M | 2.0M | 3.2M |
NioCorp Developments 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 NioCorp Developments 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 NioCorp Developments' 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 NioCorp 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 | 1.23 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 17.46 | |
Ir | Information ratio | 0.06 |
NioCorp Developments Volatility Alert
NioCorp Developments Ltd is showing large volatility of returns over the selected time horizon. NioCorp Developments Ltd is a penny stock. Although NioCorp Developments may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in NioCorp Developments Ltd. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on NioCorp 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.NioCorp Developments Fundamentals Vs Peers
Comparing NioCorp Developments' 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 NioCorp Developments' direct or indirect competition across all of the common fundamentals between NioCorp Developments and the related equities. This way, we can detect undervalued stocks with similar characteristics as NioCorp Developments or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NioCorp Developments' fundamental indicators could also be used in its relative valuation, which is a method of valuing NioCorp Developments by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NioCorp Developments to competition |
| Fundamentals | NioCorp Developments | Peer Average |
| Number Of Shares Shorted | 38.52 K | 4.71 M |
| EBITDA | (8.02 M) | 3.9 B |
| Net Income | (11.44 M) | 570.98 M |
| Total Debt | 7.66 M | 5.32 B |
| Cash Flow From Operations | (11.73 M) | 971.22 M |
| Number Of Employees | 8 | 18.84 K |
| Total Asset | 20.07 M | 29.47 B |
| Retained Earnings | (161.91 M) | 9.33 B |
| Working Capital | (9.04 M) | 1.48 B |
| Net Asset | 20.07 M |
NioCorp Developments Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NioCorp . 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.
About NioCorp Developments Buy or Sell Advice
When is the right time to buy or sell NioCorp Developments Ltd? Buying financial instruments such as NioCorp 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.
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Additional Tools for NioCorp Stock Analysis
When running NioCorp Developments' price analysis, check to measure NioCorp Developments' 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 NioCorp Developments is operating at the current time. Most of NioCorp Developments' value examination focuses on studying past and present price action to predict the probability of NioCorp Developments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NioCorp Developments' price. Additionally, you may evaluate how the addition of NioCorp Developments to your portfolios can decrease your overall portfolio volatility.