North Arrow Minerals Stock Price on March 1, 2023
| NAR Stock | CAD 0.14 0.04 22.22% |
If you're considering investing in North Stock, it is important to understand the factors that can impact its price. As of today, the current price of North Arrow stands at 0.14, as last reported on the 3rd of December, with the highest price reaching 0.14 and the lowest price hitting 0.14 during the day. North Arrow appears to be out of control, given 3 months investment horizon. North Arrow Minerals has Sharpe Ratio of 0.0159, which conveys that the firm had a 0.0159% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for North Arrow, which you can use to evaluate the volatility of the firm. Please exercise North Arrow's Downside Deviation of 15.66, mean deviation of 6.47, and Risk Adjusted Performance of 0.0216 to check out if our risk estimates are consistent with your expectations.
North Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
North |
Sharpe Ratio = 0.0159
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Estimated Market Risk
| 13.07 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average North Arrow is performing at about 1% 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 North Arrow by adding it to a well-diversified portfolio.
North Arrow Valuation on March 1, 2023
It is possible to determine the worth of North Arrow on a given historical date. On March 1, 2023 North was worth 0.9 at the beginning of the trading date compared to the closed value of 0.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of North Arrow stock. Still, in general, we apply an absolute valuation method to find North Arrow'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 North Arrow where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against North Arrow's related companies.
| Open | High | Low | Close | Volume | |
| 0.90 | 0.91 | 0.90 | 0.90 | 1,100 | |
03/01/2023 | 0.90 | 0.91 | 0.90 | 0.90 | 10,000 |
| 0.90 | 0.91 | 0.90 | 0.90 | 620.00 |
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North Arrow Trading Date Momentum on March 1, 2023
| On March 02 2023 North Arrow Minerals was traded for 0.90 at the closing time. The highest daily price throughout the period was 0.91 and the lowest price was 0.90 . The daily volume was 620. The net trading volume on 03/02/2023 did not cause price change. The trading delta at closing time to current closing price is 11.11% . |
North Arrow Minerals Fundamentals Correlations and Trends
By evaluating North Arrow'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 North Arrow's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. North financial account trend analysis is a perfect complement when working with valuation or volatility modules.About North Arrow Stock history
North Arrow 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 North is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in North Arrow 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 North Arrow stock prices may prove useful in developing a viable investing in North Arrow
North Arrow Minerals Inc. engages in the acquisition and exploration of diamond properties in Canada. It also owns a 100 percent interest in ORO gold property located in the Hope Bay Volcanic Belt in Nunavut. NORTH ARROW operates under Other Precious Metals Mining classification in Exotistan and is traded on Commodity Exchange.
North Arrow Stock Technical Analysis
North Arrow 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
North Arrow Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
North Arrow Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
North Arrow December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how North Arrow stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading North Arrow shares will generate the highest return on investment. By undertsting and applying North Arrow stock market strength indicators, traders can identify North Arrow Minerals entry and exit signals to maximize returns
North Arrow Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for North Arrow's price direction in advance. Along with the technical and fundamental analysis of North Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of North 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 | 0.0216 | |||
| Jensen Alpha | 0.319 | |||
| Total Risk Alpha | (1.76) | |||
| Sortino Ratio | 0.0053 | |||
| Treynor Ratio | (0.19) |
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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.