Niocorp Developments Ltd Stock Price on October 23, 2024

NB Stock   1.33  0.02  1.53%   
Below is the normalized historical share price chart for NioCorp Developments Ltd extending back to September 15, 2009. 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 NioCorp Developments stands at 1.33, as last reported on the 30th of November, with the highest price reaching 1.35 and the lowest price hitting 1.32 during the day.
IPO Date
21st of March 2023
200 Day MA
2.0669
50 Day MA
1.6821
Beta
0.27
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in NioCorp Stock, it is important to understand the factors that can impact its price. NioCorp Developments has Sharpe Ratio of -0.0659, which conveys that the firm had a -0.0659% return per unit of risk over the last 3 months. NioCorp Developments exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NioCorp Developments' Standard Deviation of 4.69, mean deviation of 3.33, and Risk Adjusted Performance of (0.04) to check out the risk estimate we provide.
  
The current year's Liabilities And Stockholders Equity is expected to grow to about 21.8 M, whereas Total Stockholder Equity is forecasted to decline to about 950 K. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.07, whereas Price Earnings Ratio is forecasted to decline to (5.17). NioCorp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0659

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Estimated Market Risk

 4.7
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.31
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average NioCorp Developments is not performing at its full potential. However, 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 NioCorp Developments by adding NioCorp Developments to a well-diversified portfolio.
Price Book
23.3897
Book Value
0.026
Enterprise Value
61 M
Enterprise Value Ebitda
(3.30)
Shares Float
36.2 M

NioCorp Developments Main Headline on 23rd of October 2024

Leyad, a leading real estate development group led by Henry Zavriyev, is thrilled to announce the grand opening of a new Lauras store at the Wheeler Park Power Centre in Moncton, New Brunswick. This new retail addition brings a premier shopping destination to the area, offering stylish, high-quality womens fashion to the region.

NioCorp Developments Valuation on October 23, 2024

It is possible to determine the worth of NioCorp Developments on a given historical date. On October 23, 2024 NioCorp was worth 1.82 at the beginning of the trading date compared to the closed value of 1.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NioCorp Developments stock. Still, in general, we apply an absolute valuation method to find NioCorp Developments' 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 NioCorp Developments where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NioCorp Developments' related companies.
 Open High Low Close Volume
  1.99    2.01    1.80    1.85    130,535  
10/23/2024
  1.82    1.86    1.73    1.84    88,892  
  1.86    1.95    1.79    1.92    100,663  
Backtest NioCorp Developments  |  NioCorp Developments History  |  NioCorp Developments Valuation   PreviousNext  
Open Value
1.82
1.84
Closing Value
15.92
Upside

NioCorp Developments Trading Date Momentum on October 23, 2024

On October 24 2024 NioCorp Developments Ltd was traded for  1.92  at the closing time. The highest price during the trading period was 1.95  and the lowest recorded bid was listed for  1.79 . The volume for the day was 100.7 K. This history from October 24, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 4.35% . The trading delta at closing time to the current price is 18.48% .

NioCorp Developments Fundamentals Correlations and Trends

By evaluating NioCorp Developments' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NioCorp Developments' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NioCorp financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NioCorp Developments Stock history

NioCorp Developments 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 NioCorp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NioCorp Developments 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 NioCorp Developments stock prices may prove useful in developing a viable investing in NioCorp Developments
Last ReportedProjected for Next Year
Common Stock Shares Outstanding34.3 M29.4 M
Net Loss-34.5 M-32.7 M

NioCorp Developments Stock Technical Analysis

NioCorp Developments 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.
A focus of NioCorp Developments technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NioCorp Developments trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

NioCorp Developments Period Price Range

Low
November 30, 2024
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High

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NioCorp Developments Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

NioCorp Developments November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how NioCorp Developments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NioCorp Developments shares will generate the highest return on investment. By undertsting and applying NioCorp Developments stock market strength indicators, traders can identify NioCorp Developments Ltd entry and exit signals to maximize returns

NioCorp Developments Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NioCorp Developments' price direction in advance. Along with the technical and fundamental analysis of NioCorp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NioCorp 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.

Complementary 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.
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