Northern Dynasty Minerals Stock Price on November 18, 2024
| NAK Stock | USD 0.47 0.01 2.17% |
Below is the normalized historical share price chart for Northern Dynasty Minerals extending back to April 19, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Northern Dynasty stands at 0.47, as last reported on the 25th of November, with the highest price reaching 0.48 and the lowest price hitting 0.46 during the day.
If you're considering investing in Northern Stock, it is important to understand the factors that can impact its price. Northern Dynasty appears to be abnormally volatile, given 3 months investment horizon. Northern Dynasty Minerals has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. By analyzing Northern Dynasty's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please exercise Northern Dynasty's Risk Adjusted Performance of 0.0954, downside deviation of 3.49, and Mean Deviation of 3.5 to check out if our risk estimates are consistent with your expectations.
Northern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of February 2002 | 200 Day MA 0.334 | 50 Day MA 0.3972 | Beta 0.752 |
Northern |
Sharpe Ratio = 0.1067
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Estimated Market Risk
| 4.99 actual daily | 44 56% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Northern Dynasty is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Dynasty by adding it to a well-diversified portfolio.
Price Book 3.1395 | Book Value 0.229 | Enterprise Value 232.4 M | Enterprise Value Ebitda (4.49) | Shares Float 527.2 M |
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Northern Dynasty Valuation on November 18, 2024
It is possible to determine the worth of Northern Dynasty on a given historical date. On November 18, 2024 Northern was worth 0.46 at the beginning of the trading date compared to the closed value of 0.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Dynasty stock. Still, in general, we apply an absolute valuation method to find Northern Dynasty's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern Dynasty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Dynasty's related companies.
| Open | High | Low | Close | Volume | |
| 0.45 | 0.46 | 0.44 | 0.45 | 1,675,483 | |
11/18/2024 | 0.46 | 0.51 | 0.46 | 0.49 | 3,850,354 |
| 0.48 | 0.49 | 0.47 | 0.47 | 1,837,458 |
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Northern Dynasty Trading Date Momentum on November 18, 2024
| On November 19 2024 Northern Dynasty Minerals was traded for 0.47 at the closing time. Highest Northern Dynasty's price during the trading hours was 0.49 and the lowest price during the day was 0.47 . The net volume was 1.8 M. The overall trading history on the 19th of November contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 4.08% . The trading delta at closing time to current price is 6.12% . |
Northern Dynasty Minerals Fundamentals Correlations and Trends
By evaluating Northern Dynasty's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northern Dynasty's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northern Dynasty Stock history
Northern Dynasty investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Dynasty Minerals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Northern Dynasty stock prices may prove useful in developing a viable investing in Northern Dynasty
Northern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. Northern Dynasty Minerals Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada. Northern Dynasty operates under Other Industrial Metals Mining classification in the United States and is traded on AMEX Exchange.
Northern Dynasty Stock Technical Analysis
Northern Dynasty technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Northern Dynasty Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Northern Dynasty Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Northern Dynasty November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Dynasty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Dynasty shares will generate the highest return on investment. By undertsting and applying Northern Dynasty stock market strength indicators, traders can identify Northern Dynasty Minerals entry and exit signals to maximize returns
Northern Dynasty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Dynasty's price direction in advance. Along with the technical and fundamental analysis of Northern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0954 | |||
| Jensen Alpha | 0.2006 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.1232 | |||
| Treynor Ratio | 0.19 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Dynasty 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 nation. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Dynasty. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Dynasty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Return On Assets (0.08) | Return On Equity (0.14) |
The market value of Northern Dynasty Minerals is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Dynasty's value that differs from its market value or its book value, called intrinsic value, which is Northern Dynasty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Dynasty's market value can be influenced by many factors that don't directly affect Northern Dynasty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Dynasty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Dynasty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Dynasty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.