Nouveau Monde Graphite Stock Performance
| NMG Stock | USD 1.25 0.01 0.79% |
The company secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nouveau Monde's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nouveau Monde is expected to be smaller as well. At this point, Nouveau Monde Graphite has a negative expected return of -0.45%. Please make sure to verify Nouveau Monde's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Nouveau Monde Graphite performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nouveau Monde Graphite 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 primary indicators remain nearly stable which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long-run up-swing for the company stockholders. ...more
Last Split Factor 1:10 | Last Split Date 2021-03-31 |
1 | NexaMotion Group Appoints Erik St. Pierre as President of Transend Auto Tech | 08/29/2024 |
2 | NMG Stock Earnings Nouveau Monde Graphite Misses EPS for Q1 2024 - MSN | 09/11/2024 |
3 | NMG Gears Up for the Construction of the Phase-2 Matawinie Mine with Substation Contract, Engagement with Contractors and Contribution to Communitys Economic Vi... | 09/20/2024 |
4 | ABB signs contract with Nouveau Monde Graphite in Canada - Marketscreener.com | 09/25/2024 |
5 | NexaMotion Group Pilots AI-Powered Catalog Assistant for Faster Parts Quoting and Enhanced Business Efficiency | 11/01/2024 |
| Begin Period Cash Flow | 59.9 M |
Nouveau |
Nouveau Monde Relative Risk vs. Return Landscape
If you would invest 171.00 in Nouveau Monde Graphite on August 23, 2024 and sell it today you would lose (46.00) from holding Nouveau Monde Graphite or give up 26.9% of portfolio value over 90 days. Nouveau Monde Graphite is generating negative expected returns assuming volatility of 2.7016% on return distribution over 90 days investment horizon. In other words, 24% of stocks are less volatile than Nouveau, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Nouveau Monde Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nouveau Monde's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nouveau Monde Graphite, and traders can use it to determine the average amount a Nouveau Monde's 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 = -0.1676
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| Negative Returns | NMG |
Estimated Market Risk
| 2.7 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.45 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nouveau Monde 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 Nouveau Monde by adding Nouveau Monde to a well-diversified portfolio.
Nouveau Monde Fundamentals Growth
Nouveau Stock prices reflect investors' perceptions of the future prospects and financial health of Nouveau Monde, and Nouveau Monde 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 Nouveau Stock performance.
| Return On Equity | -0.77 | ||||
| Return On Asset | -0.32 | ||||
| Current Valuation | 114.17 M | ||||
| Shares Outstanding | 112.58 M | ||||
| Price To Book | 1.81 X | ||||
| Gross Profit | (19.09 M) | ||||
| EBITDA | (47.43 M) | ||||
| Net Income | (55.98 M) | ||||
| Cash And Equivalents | 32.11 M | ||||
| Cash Per Share | 0.58 X | ||||
| Total Debt | 57.47 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 2.55 X | ||||
| Book Value Per Share | 0.89 X | ||||
| Cash Flow From Operations | (39.52 M) | ||||
| Earnings Per Share | (0.57) X | ||||
| Market Capitalization | 141.97 M | ||||
| Total Asset | 123.94 M | ||||
| Retained Earnings | (220.59 M) | ||||
| Working Capital | 30.94 M | ||||
About Nouveau Monde Performance
By analyzing Nouveau Monde's fundamental ratios, stakeholders can gain valuable insights into Nouveau Monde's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nouveau Monde 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 Nouveau Monde has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 60.99 | 73.48 | |
| Return On Tangible Assets | (0.45) | (0.47) | |
| Return On Capital Employed | 0.49 | 0.52 | |
| Return On Assets | (0.45) | (0.47) | |
| Return On Equity | (1.03) | (0.98) |
Things to note about Nouveau Monde Graphite performance evaluation
Checking the ongoing alerts about Nouveau Monde for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nouveau Monde Graphite help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nouveau Monde generated a negative expected return over the last 90 days | |
| Nouveau Monde may become a speculative penny stock | |
| Nouveau Monde has a very high chance of going through financial distress in the upcoming years | |
| Reported Net Loss for the year was (55.98 M) with loss before taxes, overhead, and interest of (19.09 M). | |
| Nouveau Monde Graphite has about 32.11 M in cash with (39.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.58. | |
| Nouveau Monde has a frail financial position based on the latest SEC disclosures | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: NexaMotion Group Pilots AI-Powered Catalog Assistant for Faster Parts Quoting and Enhanced Business Efficiency |
- Analyzing Nouveau Monde's 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 Nouveau Monde's stock is overvalued or undervalued compared to its peers.
- Examining Nouveau Monde's 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 Nouveau Monde's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nouveau Monde's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nouveau Monde's stock. These opinions can provide insight into Nouveau Monde's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nouveau Stock analysis
When running Nouveau Monde's price analysis, check to measure Nouveau Monde'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 Nouveau Monde is operating at the current time. Most of Nouveau Monde's value examination focuses on studying past and present price action to predict the probability of Nouveau Monde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nouveau Monde's price. Additionally, you may evaluate how the addition of Nouveau Monde to your portfolios can decrease your overall portfolio volatility.
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