Northern Shield Resources Stock Price on January 31, 2023
| NSHRF Stock | USD 0.25 0.00 0.00% |
If you're considering investing in Northern Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Northern Shield stands at 0.25, as last reported on the 13th of December 2024, with the highest price reaching 0.25 and the lowest price hitting 0.25 during the day. Northern Shield is out of control given 3 months investment horizon. Northern Shield Resources has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. We were able to interpolate data for seventeen different technical indicators, which can help you to evaluate if expected returns of 12.09% are justified by taking the suggested risk. Use Northern Shield Resources Risk Adjusted Performance of 0.108, standard deviation of 85.46, and Mean Deviation of 23.9 to evaluate company specific risk that cannot be diversified away.
Northern Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Northern |
Sharpe Ratio = 0.1382
| Best Portfolio | Best Equity | NSHRF | ||
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Estimated Market Risk
| 87.47 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Northern Shield is performing at about 10% 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 Shield by adding it to a well-diversified portfolio.
Northern Shield Valuation on January 31, 2023
It is possible to determine the worth of Northern Shield on a given historical date. On January 31, 2023 Northern was worth 0.04 at the beginning of the trading date compared to the closed value of 0.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Shield pink sheet. Still, in general, we apply an absolute valuation method to find Northern Shield'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 Shield where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Shield's related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
01/31/2023 | 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
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Northern Shield Trading Date Momentum on January 31, 2023
| On February 01 2023 Northern Shield Resources was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 02/01/2023 did not cause price change. The trading delta at closing time to current closing price is 25.00% . |
Northern Shield Resources Fundamentals Correlations and Trends
By evaluating Northern Shield'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 Shield'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 Shield Pink Sheet history
Northern Shield 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 Shield Resources 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 Shield stock prices may prove useful in developing a viable investing in Northern Shield
Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. Northern Shield Resources Inc. was founded in 1999 and is headquartered in Ottawa, Canada. Northern Shield operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
Northern Shield Pink Sheet Technical Analysis
Northern Shield technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Northern Shield Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
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Northern Shield December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Shield pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Shield shares will generate the highest return on investment. By undertsting and applying Northern Shield pink sheet market strength indicators, traders can identify Northern Shield Resources entry and exit signals to maximize returns
Northern Shield Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Shield's price direction in advance. Along with the technical and fundamental analysis of Northern Pink Sheet 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 | 0.108 | |||
| Jensen Alpha | 11.96 | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (2.72) |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Northern Pink Sheet analysis
When running Northern Shield's price analysis, check to measure Northern Shield'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 Northern Shield is operating at the current time. Most of Northern Shield's value examination focuses on studying past and present price action to predict the probability of Northern Shield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Shield's price. Additionally, you may evaluate how the addition of Northern Shield to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
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