Nobel Resources Corp Stock Performance
| NBTRF Stock | USD 0.02 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.56, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nobel Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Nobel Resources is expected to be smaller as well. At this point, Nobel Resources Corp has a negative expected return of -0.77%. Please make sure to verify Nobel Resources' mean deviation, treynor ratio, as well as the relationship between the Treynor Ratio and day median price , to decide if Nobel Resources Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nobel Resources Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fragile performance in the last few months, the Stock's basic indicators remain nearly stable which may send shares a bit higher in March 2025. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
| Begin Period Cash Flow | 8227.00 | |
| Free Cash Flow | -10.3 M |
Nobel |
Nobel Resources Relative Risk vs. Return Landscape
If you would invest 4.04 in Nobel Resources Corp on November 9, 2024 and sell it today you would lose (1.82) from holding Nobel Resources Corp or give up 45.05% of portfolio value over 90 days. Nobel Resources Corp is currently producing negative expected returns and takes up 5.1427% volatility of returns over 90 trading days. Put another way, 45% of traded pink sheets are less volatile than Nobel, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nobel Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nobel Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nobel Resources Corp, and traders can use it to determine the average amount a Nobel Resources' 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 = -0.1499
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Estimated Market Risk
| 5.14 actual daily | 45 55% of assets are more volatile |
Expected Return
| -0.77 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.15 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nobel Resources is not performing at its full potential. However, 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 Nobel Resources by adding Nobel Resources to a well-diversified portfolio.
Nobel Resources Fundamentals Growth
Nobel Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nobel Resources, and Nobel Resources 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 Nobel Pink Sheet performance.
| Return On Equity | -6.49 | |||
| Return On Asset | -3.18 | |||
| Current Valuation | 125.42 K | |||
| Shares Outstanding | 77.13 M | |||
| Price To Book | 4.54 X | |||
| EBITDA | (14.83 M) | |||
| Cash And Equivalents | 1.56 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 7.4 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (8.32 M) | |||
| Earnings Per Share | (0.15) X | |||
| Total Asset | 4.34 M | |||
About Nobel Resources Performance
By analyzing Nobel Resources' fundamental ratios, stakeholders can gain valuable insights into Nobel Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nobel Resources 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 Nobel Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nobel Resources Corp. engages in the acquisition, exploration, and development of mineral properties. The company was incorporated in 2020 and is headquartered in Toronto, Canada. Nobel Res operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.Things to note about Nobel Resources Corp performance evaluation
Checking the ongoing alerts about Nobel Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nobel Resources Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nobel Resources Corp generated a negative expected return over the last 90 days | |
| Nobel Resources Corp has high historical volatility and very poor performance | |
| Nobel Resources Corp has some characteristics of a very speculative penny stock | |
| Nobel Resources Corp has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (10.54 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nobel Resources Corp has accumulated about 1.56 M in cash with (8.32 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Nobel Resources' 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 Nobel Resources' stock is overvalued or undervalued compared to its peers.
- Examining Nobel Resources' 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 Nobel Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nobel Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nobel Resources' pink sheet. These opinions can provide insight into Nobel Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nobel Pink Sheet analysis
When running Nobel Resources' price analysis, check to measure Nobel Resources' 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 Nobel Resources is operating at the current time. Most of Nobel Resources' value examination focuses on studying past and present price action to predict the probability of Nobel Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nobel Resources' price. Additionally, you may evaluate how the addition of Nobel Resources to your portfolios can decrease your overall portfolio volatility.
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