Nickel North Exploration Stock Market Value
| NNX Stock | CAD 0.04 0.01 14.29% |
| Symbol | Nickel |
Nickel North '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 Nickel North's 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 Nickel North.
| 12/19/2025 |
| 01/18/2026 |
If you would invest 0.00 in Nickel North on December 19, 2025 and sell it all today you would earn a total of 0.00 from holding Nickel North Exploration or generate 0.0% return on investment in Nickel North over 30 days. Nickel North is related to or competes with Vanadiumcorp Resource, and Tangelo Games. Nickel North Exploration Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of... More
Nickel North 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 Nickel North's 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 Nickel North Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 18.78 | |||
| Information Ratio | 0.0589 | |||
| Maximum Drawdown | 66.67 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
Nickel North Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nickel North's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nickel North's standard deviation. In reality, there are many statistical measures that can use Nickel North historical prices to predict the future Nickel North's volatility.| Risk Adjusted Performance | 0.0567 | |||
| Jensen Alpha | 1.14 | |||
| Total Risk Alpha | (0.67) | |||
| Sortino Ratio | 0.0333 | |||
| Treynor Ratio | (0.15) |
Nickel North Exploration Backtested Returns
Nickel North appears to be out of control, given 3 months investment horizon. Nickel North Exploration has Sharpe Ratio of 0.0678, which conveys that the firm had a 0.0678 % return per unit of risk over the last 3 months. By analyzing Nickel North's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please exercise Nickel North's Risk Adjusted Performance of 0.0567, mean deviation of 5.19, and Downside Deviation of 18.78 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Nickel North holds a performance score of 5. The company secures a Beta (Market Risk) of -4.65, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Nickel North are expected to decrease by larger amounts. On the other hand, during market turmoil, Nickel North is expected to outperform it. Please check Nickel North's jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether Nickel North's current price movements will revert.
Auto-correlation | 0.57 |
Modest predictability
Nickel North Exploration has modest predictability. Overlapping area represents the amount of predictability between Nickel North time series from 19th of December 2025 to 3rd of January 2026 and 3rd of January 2026 to 18th 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 Nickel North Exploration price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Nickel North price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Nickel North Exploration lagged returns against current returns
Autocorrelation, which is Nickel North stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nickel North's stock expected returns. We can calculate the autocorrelation of Nickel North returns to help us make a trade decision. For example, suppose you find that Nickel North has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Nickel North regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nickel North stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nickel North stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nickel North stock over time.
Current vs Lagged Prices |
| Timeline |
Nickel North Lagged Returns
When evaluating Nickel North's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nickel North stock have on its future price. Nickel North autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nickel North autocorrelation shows the relationship between Nickel North stock current value and its past values and can show if there is a momentum factor associated with investing in Nickel North Exploration.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Nickel Stock Analysis
When running Nickel North's price analysis, check to measure Nickel North'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 Nickel North is operating at the current time. Most of Nickel North's value examination focuses on studying past and present price action to predict the probability of Nickel North's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nickel North's price. Additionally, you may evaluate how the addition of Nickel North to your portfolios can decrease your overall portfolio volatility.