Niobay Metals Stock Performance
| NBYCF Stock | USD 0.04 0 4.75% |
On a scale of 0 to 100, Niobay Metals holds a performance score of 4. The company secures a Beta (Market Risk) of 2.32, 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, Niobay Metals will likely underperform. Please check Niobay Metals' semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Niobay Metals' current price movements will revert.
Risk-Adjusted Performance
4 of 100
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Niobay Metals are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile fundamental indicators, Niobay Metals reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 13.2 M | |
| Total Cashflows From Investing Activities | 569.8 K |
Niobay |
Niobay Metals Relative Risk vs. Return Landscape
If you would invest 5.00 in Niobay Metals on October 24, 2024 and sell it today you would lose (0.81) from holding Niobay Metals or give up 16.2% of portfolio value over 90 days. Niobay Metals is currently producing 0.7905% returns and takes up 15.1857% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Niobay, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Niobay Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Niobay Metals' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Niobay Metals, and traders can use it to determine the average amount a Niobay Metals' 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 = 0.0521
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Estimated Market Risk
| 15.19 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Niobay Metals 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 Niobay Metals by adding it to a well-diversified portfolio.
Niobay Metals Fundamentals Growth
Niobay OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Niobay Metals, and Niobay Metals 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 Niobay OTC Stock performance.
| Return On Equity | -0.5 | |||
| Return On Asset | -0.37 | |||
| Current Valuation | 1.34 M | |||
| Shares Outstanding | 71.3 M | |||
| Price To Book | 0.98 X | |||
| EBITDA | (4.45 M) | |||
| Cash And Equivalents | 7.39 M | |||
| Cash Per Share | 0.10 X | |||
| Book Value Per Share | 0.10 X | |||
| Cash Flow From Operations | (3.83 M) | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 11.13 M | |||
About Niobay Metals Performance
By analyzing Niobay Metals' fundamental ratios, stakeholders can gain valuable insights into Niobay Metals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Niobay Metals 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 Niobay Metals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Niobay Metals Inc., a mineral resource company, acquires, explores for, evaluates, and develops mining properties in Canada. Niobay Metals Inc. was incorporated in 1954 and is based in Montreal, Canada. Niobay Metals is traded on OTC Exchange in the United States.Things to note about Niobay Metals performance evaluation
Checking the ongoing alerts about Niobay Metals for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Niobay Metals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Niobay Metals is way too risky over 90 days horizon | |
| Niobay Metals has some characteristics of a very speculative penny stock | |
| Niobay Metals appears to be risky and price may revert if volatility continues | |
| Niobay Metals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (3.97 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Niobay Metals has accumulated about 7.39 M in cash with (3.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.1, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 19.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Niobay Metals' 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 Niobay Metals' stock is overvalued or undervalued compared to its peers.
- Examining Niobay Metals' 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 Niobay Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Niobay Metals' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Niobay Metals' otc stock. These opinions can provide insight into Niobay Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Niobay OTC Stock analysis
When running Niobay Metals' price analysis, check to measure Niobay Metals' 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 Niobay Metals is operating at the current time. Most of Niobay Metals' value examination focuses on studying past and present price action to predict the probability of Niobay Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niobay Metals' price. Additionally, you may evaluate how the addition of Niobay Metals to your portfolios can decrease your overall portfolio volatility.
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