Novagold Resources Stock Net Income
| NG Stock | USD 11.74 1.31 12.56% |
As of the 27th of January, NovaGold Resources secures the Downside Deviation of 2.98, mean deviation of 2.56, and Risk Adjusted Performance of 0.1517. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NovaGold Resources, as well as the relationship between them. Please verify NovaGold Resources jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if NovaGold Resources is priced some-what accurately, providing market reflects its recent price of 11.74 per share. Given that NovaGold Resources has jensen alpha of 0.5387, we recommend you to check NovaGold Resources's last-minute market performance to make sure the company can sustain itself at a future point.
NovaGold Resources' financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing NovaGold Resources' valuation are provided below:NovaGold Resources does not presently have any fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
NovaGold Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to NovaGold Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of NovaGold Resources.
| 10/29/2025 |
| 01/27/2026 |
If you would invest 0.00 in NovaGold Resources on October 29, 2025 and sell it all today you would earn a total of 0.00 from holding NovaGold Resources or generate 0.0% return on investment in NovaGold Resources over 90 days. NovaGold Resources is related to or competes with Orla Mining, Seabridge Gold, United States, Centerra Gold, Knife River, Cabot, and H B. NovaGold Resources Inc. explores for and develops gold mineral properties in the United States More
NovaGold Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure NovaGold Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess NovaGold Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.98 | |||
| Information Ratio | 0.1723 | |||
| Maximum Drawdown | 12.98 | |||
| Value At Risk | (4.93) | |||
| Potential Upside | 5.97 |
NovaGold Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NovaGold Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NovaGold Resources' standard deviation. In reality, there are many statistical measures that can use NovaGold Resources historical prices to predict the future NovaGold Resources' volatility.| Risk Adjusted Performance | 0.1517 | |||
| Jensen Alpha | 0.5387 | |||
| Total Risk Alpha | 0.336 | |||
| Sortino Ratio | 0.1969 | |||
| Treynor Ratio | 0.3852 |
NovaGold Resources January 27, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1517 | |||
| Market Risk Adjusted Performance | 0.3952 | |||
| Mean Deviation | 2.56 | |||
| Semi Deviation | 2.42 | |||
| Downside Deviation | 2.98 | |||
| Coefficient Of Variation | 511.49 | |||
| Standard Deviation | 3.41 | |||
| Variance | 11.63 | |||
| Information Ratio | 0.1723 | |||
| Jensen Alpha | 0.5387 | |||
| Total Risk Alpha | 0.336 | |||
| Sortino Ratio | 0.1969 | |||
| Treynor Ratio | 0.3852 | |||
| Maximum Drawdown | 12.98 | |||
| Value At Risk | (4.93) | |||
| Potential Upside | 5.97 | |||
| Downside Variance | 8.9 | |||
| Semi Variance | 5.88 | |||
| Expected Short fall | (3.03) | |||
| Skewness | 0.4458 | |||
| Kurtosis | 1.73 |
NovaGold Resources Backtested Returns
NovaGold Resources appears to be somewhat reliable, given 3 months investment horizon. NovaGold Resources has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2 % return per unit of risk over the last 3 months. By analyzing NovaGold Resources' technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please exercise NovaGold Resources' Risk Adjusted Performance of 0.1517, mean deviation of 2.56, and Downside Deviation of 2.98 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, NovaGold Resources holds a performance score of 15. The company secures a Beta (Market Risk) of 1.7, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NovaGold Resources will likely underperform. Please check NovaGold Resources' skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether NovaGold Resources' current price movements will revert.
Auto-correlation | 0.39 |
Below average predictability
NovaGold Resources has below average predictability. Overlapping area represents the amount of predictability between NovaGold Resources time series from 29th of October 2025 to 13th of December 2025 and 13th of December 2025 to 27th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of NovaGold Resources price movement. The serial correlation of 0.39 indicates that just about 39.0% of current NovaGold Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Based on the recorded statements, NovaGold Resources reported net income of (39.53 Million). This is 228.5% higher than that of the Metals & Mining sector and 71.48% lower than that of the Materials industry. The net income for all United States stocks is 106.92% higher than that of the company.
NovaGold Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NovaGold Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NovaGold Resources could also be used in its relative valuation, which is a method of valuing NovaGold Resources by comparing valuation metrics of similar companies.NovaGold Resources is currently under evaluation in net income category among its peers.
NovaGold Fundamentals
| Return On Equity | -1.63 | ||||
| Return On Asset | -0.0712 | ||||
| Current Valuation | 4.06 B | ||||
| Shares Outstanding | 406.99 M | ||||
| Shares Owned By Insiders | 25.02 % | ||||
| Shares Owned By Institutions | 68.27 % | ||||
| Number Of Shares Shorted | 9.48 M | ||||
| Price To Earning | (37.59) X | ||||
| Price To Book | 24.62 X | ||||
| EBITDA | (47.29 M) | ||||
| Net Income | (39.53 M) | ||||
| Cash And Equivalents | 110.14 M | ||||
| Cash Per Share | 0.40 X | ||||
| Total Debt | 166.3 M | ||||
| Debt To Equity | 2.99 % | ||||
| Current Ratio | 45.44 X | ||||
| Book Value Per Share | 0.40 X | ||||
| Cash Flow From Operations | (38.69 M) | ||||
| Short Ratio | 3.88 X | ||||
| Earnings Per Share | (0.25) X | ||||
| Target Price | 13.03 | ||||
| Number Of Employees | 12 | ||||
| Beta | 1.57 | ||||
| Market Capitalization | 4.26 B | ||||
| Total Asset | 335.91 M | ||||
| Retained Earnings | (2.2 B) | ||||
| Working Capital | 112.55 M | ||||
| Current Asset | 107.34 M | ||||
| Current Liabilities | 3.05 M | ||||
| Net Asset | 335.91 M |
About NovaGold Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NovaGold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NovaGold Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NovaGold Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
Check out NovaGold Resources Piotroski F Score and NovaGold Resources Altman Z Score analysis. For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.