Northstar Clean Technologies Stock Performance
| ROOOF Stock | USD 0.24 0.01 4.00% |
On a scale of 0 to 100, Northstar Clean holds a performance score of 4. The company secures a Beta (Market Risk) of -0.54, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Northstar Clean are expected to decrease at a much lower rate. During the bear market, Northstar Clean is likely to outperform the market. Please check Northstar Clean's value at risk and the relationship between the expected short fall and market facilitation index , to make a quick decision on whether Northstar Clean's current price movements will revert.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Northstar Clean Technologies are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Northstar Clean reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2 M |
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Northstar Clean Relative Risk vs. Return Landscape
If you would invest 22.00 in Northstar Clean Technologies on December 2, 2024 and sell it today you would earn a total of 2.00 from holding Northstar Clean Technologies or generate 9.09% return on investment over 90 days. Northstar Clean Technologies is currently producing 0.2074% returns and takes up 3.6471% volatility of returns over 90 trading days. Put another way, 32% of traded otc stocks are less volatile than Northstar, and 96% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Northstar Clean Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Northstar Clean's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Northstar Clean Technologies, and traders can use it to determine the average amount a Northstar Clean'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 = 0.0569
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Estimated Market Risk
| 3.65 actual daily | 32 68% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Northstar Clean is performing at about 4% 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 Northstar Clean by adding it to a well-diversified portfolio.
Northstar Clean Fundamentals Growth
Northstar OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Northstar Clean, and Northstar Clean 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 Northstar OTC Stock performance.
| Current Valuation | 12.24 M | |||
| Shares Outstanding | 108 M | |||
| Price To Book | 4.62 X | |||
| EBITDA | (6.45 M) | |||
| Total Debt | 149.01 K | |||
| Cash Flow From Operations | (4.09 M) | |||
| Total Asset | 12.37 M | |||
About Northstar Clean Performance
By analyzing Northstar Clean's fundamental ratios, stakeholders can gain valuable insights into Northstar Clean's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Northstar Clean 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 Northstar Clean has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Northstar Clean Technologies Inc., a clean technology company, focuses on the recovery and repurposing of single-use asphalt shingles in North America. The company has developed a proprietary design process for taking discarded asphalt shingles or destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate sands, and fiber for usage in new hot mix asphalt, construction products, and other industrial applications. Northstar Clean is traded on OTC Exchange in the United States.Things to note about Northstar Clean Tech performance evaluation
Checking the ongoing alerts about Northstar Clean for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Northstar Clean Tech help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Northstar Clean Tech has some characteristics of a very speculative penny stock | |
| Northstar Clean Tech had very high historical volatility over the last 90 days | |
| Net Loss for the year was (7.21 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Northstar Clean generates negative cash flow from operations | |
| About 16.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Northstar Clean'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 Northstar Clean's stock is overvalued or undervalued compared to its peers.
- Examining Northstar Clean'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 Northstar Clean's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Northstar Clean's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Northstar Clean's otc stock. These opinions can provide insight into Northstar Clean's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Northstar OTC Stock analysis
When running Northstar Clean's price analysis, check to measure Northstar Clean'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 Northstar Clean is operating at the current time. Most of Northstar Clean's value examination focuses on studying past and present price action to predict the probability of Northstar Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northstar Clean's price. Additionally, you may evaluate how the addition of Northstar Clean to your portfolios can decrease your overall portfolio volatility.
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