Niko Resources Stock Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Niko Resources are completely uncorrelated.
Risk-Adjusted Performance
9 of 100
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OK
Compared to the overall equity markets, risk-adjusted returns on investments in Niko Resources are ranked lower than 9 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Niko Resources reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Discontinued Operations | 4 M |
Niko |
Niko Resources Relative Risk vs. Return Landscape
If you would invest 0.00 in Niko Resources on November 3, 2024 and sell it today you would earn a total of 0.00 from holding Niko Resources or generate 0.0% return on investment over 90 days. Niko Resources is currently producing 15.0% returns and takes up 129.9609% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Niko, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Niko Resources Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Niko Resources' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Niko Resources, and traders can use it to determine the average amount a Niko 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 = 0.1154
| Best Portfolio | Best Equity | NKRSF | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 129.96 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Niko Resources is performing at about 9% 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 Niko Resources by adding it to a well-diversified portfolio.
Niko Resources Fundamentals Growth
Niko Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Niko Resources, and Niko 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 Niko Pink Sheet performance.
| Return On Asset | -0.48 | |||
| Current Valuation | (4.73 M) | |||
| Shares Outstanding | 94.05 M | |||
| Price To Earning | 0.55 X | |||
| Price To Sales | 0.03 X | |||
| EBITDA | 39.64 M | |||
| Cash And Equivalents | 1.13 M | |||
| Cash Per Share | 0.01 X | |||
| Book Value Per Share | (4.33) X | |||
| Cash Flow From Operations | 2.13 M | |||
| Earnings Per Share | (0.02) X | |||
About Niko Resources Performance
By analyzing Niko Resources' fundamental ratios, stakeholders can gain valuable insights into Niko Resources' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Niko 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 Niko Resources has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Niko Resources Ltd. engages in the exploration, development, and production of oil and natural gas primarily in India and Bangladesh. Niko Resources Ltd. was incorporated in 1987 and is headquartered in Calgary, Canada. NIKO RESOURCES is traded on OTC Exchange in the United States.Things to note about Niko Resources performance evaluation
Checking the ongoing alerts about Niko Resources for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Niko Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Niko Resources is way too risky over 90 days horizon | |
| Niko Resources has some characteristics of a very speculative penny stock | |
| Niko Resources appears to be risky and price may revert if volatility continues | |
| Niko Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (1.85 M) with profit before overhead, payroll, taxes, and interest of 921 K. |
- Analyzing Niko 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 Niko Resources' stock is overvalued or undervalued compared to its peers.
- Examining Niko 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 Niko Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Niko Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Niko Resources' pink sheet. These opinions can provide insight into Niko Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Niko Pink Sheet analysis
When running Niko Resources' price analysis, check to measure Niko 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 Niko Resources is operating at the current time. Most of Niko Resources' value examination focuses on studying past and present price action to predict the probability of Niko Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Niko Resources' price. Additionally, you may evaluate how the addition of Niko Resources to your portfolios can decrease your overall portfolio volatility.
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