Northern Shield Resources Stock Performance
| NSHRF Stock | USD 0.25 0.00 0.00% |
Northern Shield holds a performance score of 10 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -4.24, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Northern Shield are expected to decrease by larger amounts. On the other hand, during market turmoil, Northern Shield is expected to outperform it. Use Northern Shield Resources standard deviation, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on Northern Shield Resources.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Northern Shield Resources are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Northern Shield reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.8 M | |
| Total Cashflows From Investing Activities | -1.7 M |
Northern |
Northern Shield Relative Risk vs. Return Landscape
If you would invest 2.94 in Northern Shield Resources on September 14, 2024 and sell it today you would earn a total of 22.06 from holding Northern Shield Resources or generate 750.34% return on investment over 90 days. Northern Shield Resources is currently producing 12.0912% returns and takes up 87.4667% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Northern, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Northern Shield Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northern Shield's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Northern Shield Resources, and traders can use it to determine the average amount a Northern Shield'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 = 0.1382
| 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 Fundamentals Growth
Northern Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Northern Shield, and Northern Shield 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 Northern Pink Sheet performance.
| Return On Equity | -0.058 | |||
| Return On Asset | -0.0766 | |||
| Current Valuation | 2.5 M | |||
| Shares Outstanding | 67.45 M | |||
| Price To Earning | (5.31) X | |||
| Price To Book | 0.47 X | |||
| EBITDA | (495.83 K) | |||
| Cash And Equivalents | 88.9 K | |||
| Total Debt | 8.36 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.09 X | |||
| Cash Flow From Operations | (556.8 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 5.71 M | |||
About Northern Shield Performance
By analyzing Northern Shield's fundamental ratios, stakeholders can gain valuable insights into Northern Shield's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Northern Shield 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 Northern Shield has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Northern Shield Resources performance evaluation
Checking the ongoing alerts about Northern Shield for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Northern Shield Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northern Shield is way too risky over 90 days horizon | |
| Northern Shield has some characteristics of a very speculative penny stock | |
| Northern Shield appears to be risky and price may revert if volatility continues | |
| Northern Shield has high likelihood to experience some financial distress in the next 2 years | |
| Northern Shield Resources has accumulated 8.36 K in total debt with debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from borrowing. Northern Shield Resources has a current ratio of 0.54, 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 Northern Shield until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Shield'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 Northern Shield Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Shield's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (233.04 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Northern Shield Resources has accumulated about 88.9 K in cash with (556.8 K) of positive cash flow from operations. | |
| Latest headline from fool.com.au: Why are ASX 200 bank shares being trashed on Tuesday |
- Analyzing Northern Shield'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 Northern Shield's stock is overvalued or undervalued compared to its peers.
- Examining Northern Shield'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 Northern Shield's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northern Shield's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Northern Shield's pink sheet. These opinions can provide insight into Northern Shield's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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