Niocorp Developments Ltd Stock Price on November 12, 2024
| NIOBW Stock | 0.1 0 4.00% |
If you're considering investing in NioCorp Stock, it is important to understand the factors that can impact its price. As of today, the current price of NioCorp Developments stands at 0.1, as last reported on the 25th of November, with the highest price reaching 0.12 and the lowest price hitting 0.1 during the day. NioCorp Developments is out of control given 3 months investment horizon. NioCorp Developments has Sharpe Ratio of 0.0827, which conveys that the firm had a 0.0827% return per unit of risk over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 1.44% are justified by taking the suggested risk. Use NioCorp Developments Downside Deviation of 20.33, risk adjusted performance of 0.0865, and Mean Deviation of 12.16 to evaluate company specific risk that cannot be diversified away.
Total Stockholder Equity is likely to drop to about 950 K in 2024. Common Stock Shares Outstanding is likely to drop to about 31.1 M in 2024. NioCorp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
NioCorp |
Sharpe Ratio = 0.0827
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| Average Returns | NIOBW | |||
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Estimated Market Risk
| 17.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.44 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average NioCorp Developments is performing at about 6% 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 NioCorp Developments by adding it to a well-diversified portfolio.
Shares Short Prior Month 51.3 K | Shares Short 47.4 K |
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NioCorp Developments Valuation on November 12, 2024
It is possible to determine the worth of NioCorp Developments on a given historical date. On November 12, 2024 NioCorp was worth 0.14 at the beginning of the trading date compared to the closed value of 0.17. 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 | |
| 0.17 | 0.17 | 0.16 | 0.17 | 3,456 | |
11/12/2024 | 0.14 | 0.18 | 0.14 | 0.17 | 2,416 |
| 0.18 | 0.20 | 0.15 | 0.15 | 3,909 |
| Backtest NioCorp Developments | | | NioCorp Developments History | | | NioCorp Developments Valuation | Previous | Next |
NioCorp Developments Trading Date Momentum on November 12, 2024
| On November 13 2024 NioCorp Developments Ltd was traded for 0.15 at the closing time. The highest daily price throughout the period was 0.20 and the lowest price was 0.15 . The daily volume was 3.9 K. The net trading volume on 11/13/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 11.76% . The trading delta at closing time to current closing price is 29.41% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 38.1 M | 31.1 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.
Price Boundaries
NioCorp Developments Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
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 25, 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.
| Risk Adjusted Performance | 0.0865 | |||
| Jensen Alpha | 1.79 | |||
| Total Risk Alpha | (1.04) | |||
| Sortino Ratio | 0.0823 | |||
| Treynor Ratio | 39.26 |
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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.