Norden Crown Metals Stock Performance
| NOCRF Stock | USD 0.06 0 1.67% |
On a scale of 0 to 100, Norden Crown holds a performance score of 2. The company secures a Beta (Market Risk) of -0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Norden Crown are expected to decrease at a much lower rate. During the bear market, Norden Crown is likely to outperform the market. Please check Norden Crown's total risk alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to make a quick decision on whether Norden Crown's current price movements will revert.
Risk-Adjusted Performance
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Norden Crown Metals are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Norden Crown reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.1 M | |
| Total Cashflows From Investing Activities | -1.4 M |
Norden |
Norden Crown Relative Risk vs. Return Landscape
If you would invest 6.00 in Norden Crown Metals on September 5, 2024 and sell it today you would lose (0.10) from holding Norden Crown Metals or give up 1.67% of portfolio value over 90 days. Norden Crown Metals is currently producing 0.2819% returns and takes up 8.4282% volatility of returns over 90 trading days. Put another way, 75% of traded pink sheets are less volatile than Norden, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Norden Crown Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norden Crown's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Norden Crown Metals, and traders can use it to determine the average amount a Norden Crown'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 = 0.0334
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Estimated Market Risk
| 8.43 actual daily | 75 75% of assets are less volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Norden Crown is performing at about 2% 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 Norden Crown by adding it to a well-diversified portfolio.
Norden Crown Fundamentals Growth
Norden Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Norden Crown, and Norden Crown 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 Norden Pink Sheet performance.
| Return On Equity | -0.18 | |||
| Return On Asset | -0.0676 | |||
| Current Valuation | 359.91 K | |||
| Shares Outstanding | 53.02 M | |||
| Price To Book | 0.27 X | |||
| EBITDA | (1.45 M) | |||
| Cash And Equivalents | 125.24 K | |||
| Total Debt | 504.11 K | |||
| Debt To Equity | 0.11 % | |||
| Book Value Per Share | 0.1 X | |||
| Cash Flow From Operations | (1.25 M) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 6.39 M | |||
About Norden Crown Performance
By analyzing Norden Crown's fundamental ratios, stakeholders can gain valuable insights into Norden Crown's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Norden Crown 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 Norden Crown has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Norden Crown Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Sweden and Norway. Norden Crown Metals Corp. was incorporated in 2013 and is headquartered in North Vancouver, Canada. Norden Crown is traded on OTC Exchange in the United States.Things to note about Norden Crown Metals performance evaluation
Checking the ongoing alerts about Norden Crown for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Norden Crown Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Norden Crown Metals had very high historical volatility over the last 90 days | |
| Norden Crown Metals has some characteristics of a very speculative penny stock | |
| Norden Crown Metals has high likelihood to experience some financial distress in the next 2 years | |
| Norden Crown Metals has accumulated 504.11 K in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Norden Crown Metals has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Norden Crown until it has trouble settling it off, either with new capital or with free cash flow. So, Norden Crown'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 Norden Crown Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norden to invest in growth at high rates of return. When we think about Norden Crown's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.51 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Norden Crown Metals has accumulated about 125.24 K in cash with (1.25 M) of positive cash flow from operations. | |
| Roughly 15.0% of Norden Crown outstanding shares are owned by corporate insiders |
- Analyzing Norden Crown'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 Norden Crown's stock is overvalued or undervalued compared to its peers.
- Examining Norden Crown'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 Norden Crown's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norden Crown's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norden Crown's pink sheet. These opinions can provide insight into Norden Crown's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Norden Pink Sheet analysis
When running Norden Crown's price analysis, check to measure Norden Crown'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 Norden Crown is operating at the current time. Most of Norden Crown's value examination focuses on studying past and present price action to predict the probability of Norden Crown's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norden Crown's price. Additionally, you may evaluate how the addition of Norden Crown to your portfolios can decrease your overall portfolio volatility.
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