North Bay Resources Stock Performance
| NBRI Stock | USD 0 0.0001 11.11% |
North Bay holds a performance score of 8 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -2.0, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning North Bay are expected to decrease by larger amounts. On the other hand, during market turmoil, North Bay is expected to outperform it. Use North Bay Resources potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on North Bay Resources.
Risk-Adjusted Performance
8 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in North Bay Resources are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite fairly fragile basic indicators, North Bay demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
| Total Cashflows From Investing Activities | 15.3 K |
North |
North Bay Relative Risk vs. Return Landscape
If you would invest 0.07 in North Bay Resources on August 30, 2024 and sell it today you would earn a total of 0.03 from holding North Bay Resources or generate 42.86% return on investment over 90 days. North Bay Resources is currently generating 1.5218% in daily expected returns and assumes 14.6884% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than North, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
North Bay Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for North Bay's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as North Bay Resources, and traders can use it to determine the average amount a North Bay's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1036
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Estimated Market Risk
| 14.69 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.52 actual daily | 30 70% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average North Bay 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 North Bay by adding it to a well-diversified portfolio.
North Bay Fundamentals Growth
North Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of North Bay, and North Bay fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on North Pink Sheet performance.
| Return On Asset | -0.16 | |||
| Operating Margin | (152.96) % | |||
| Current Valuation | 3.25 M | |||
| Shares Outstanding | 1.06 B | |||
| Price To Earning | (0.01) X | |||
| Price To Sales | 95.53 X | |||
| EBITDA | (593.93 K) | |||
| Cash And Equivalents | 122.35 K | |||
| Total Debt | 3.26 M | |||
| Book Value Per Share | (0) X | |||
| Cash Flow From Operations | 19.8 K | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 37 K | |||
| Retained Earnings | (19.47 M) | |||
| Current Asset | 139 K | |||
| Current Liabilities | 5.56 M | |||
About North Bay Performance
By evaluating North Bay's fundamental ratios, stakeholders can gain valuable insights into North Bay's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if North Bay has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if North Bay has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
North Bay Resources Inc. operates as a natural resources exploration company in North America. North Bay Resources Inc. was incorporated in 2004 and is based in Collegeville, Pennsylvania. NORTH BAY operates under Other Precious Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about North Bay Resources performance evaluation
Checking the ongoing alerts about North Bay for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for North Bay Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| North Bay Resources is way too risky over 90 days horizon | |
| North Bay Resources has some characteristics of a very speculative penny stock | |
| North Bay Resources appears to be risky and price may revert if volatility continues | |
| North Bay Resources currently holds 3.26 M in liabilities. North Bay Resources has a current ratio of 0.03, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist North Bay until it has trouble settling it off, either with new capital or with free cash flow. So, North Bay's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like North Bay Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North Bay's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (211.89 K) with loss before overhead, payroll, taxes, and interest of (1.36 M). |
- Analyzing North Bay's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether North Bay's stock is overvalued or undervalued compared to its peers.
- Examining North Bay's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating North Bay's management team can have a significant impact on its success or failure. Reviewing the track record and experience of North Bay's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of North Bay's pink sheet. These opinions can provide insight into North Bay's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for North Pink Sheet analysis
When running North Bay's price analysis, check to measure North Bay'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 Bay is operating at the current time. Most of North Bay's value examination focuses on studying past and present price action to predict the probability of North Bay'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 Bay's price. Additionally, you may evaluate how the addition of North Bay to your portfolios can decrease your overall portfolio volatility.
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