Northern Superior Shares Owned By Institutions vs. Return On Equity
| NSUPF Stock | USD 0.36 0.01 2.86% |
For Northern Superior profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Northern Superior to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Northern Superior Resources utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Northern Superior's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Northern Superior Resources over time as well as its relative position and ranking within its peers.
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Northern Superior Return On Equity vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Northern Superior's current stock value. Our valuation model uses many indicators to compare Northern Superior value to that of its competitors to determine the firm's financial worth. Northern Superior Resources is rated below average in shares owned by institutions category among its peers. It is considered to be number one stock in return on equity category among its peers . The ratio of Shares Owned By Institutions to Return On Equity for Northern Superior Resources is about 2,688 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Northern Superior's earnings, one of the primary drivers of an investment's value.Northern Return On Equity vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
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| = | 3.23 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
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| = | 0.0012 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Northern Return On Equity Comparison
Northern Superior is currently under evaluation in return on equity category among its peers.
Northern Superior Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Northern Superior, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Northern Superior will eventually generate negative long term returns. The profitability progress is the general direction of Northern Superior's change in net profit over the period of time. It can combine multiple indicators of Northern Superior, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Northern Superior Resources Inc., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of gold properties in Ontario and Qubec, Canada. It primary projects include 100 percent owned Ti-pa-haa-kaa-ning gold property that consists of 2,431 claims covering an area of 47,796 hectares located in northwestern Ontario Croteau Est property, which consists of 237 claims covering an area of approximately 12,545 hectares situated in west-central Qubec Lac Surprise gold property that comprises 274 claims covering an area of approximately 15,178.5 hectares located in west-central Qubec and the Wapistan mineral property located in Qubec. Northern Superior operates under Gold classification in the United States and is traded on OTC Exchange.
Northern Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Northern Superior. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Northern Superior position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Northern Superior's important profitability drivers and their relationship over time.
Use Northern Superior in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northern Superior position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northern Superior will appreciate offsetting losses from the drop in the long position's value.Northern Superior Pair Trading
Northern Superior Resources Pair Trading Analysis
The ability to find closely correlated positions to Northern Superior could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northern Superior when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northern Superior - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northern Superior Resources to buy it.
The correlation of Northern Superior is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northern Superior moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northern Superior moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northern Superior can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Northern Superior position
In addition to having Northern Superior in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Trading Thematic Idea Now
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Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Trading theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Trading Theme or any other thematic opportunities.
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Other Information on Investing in Northern OTC Stock
To fully project Northern Superior's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Northern Superior at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Northern Superior's income statement, its balance sheet, and the statement of cash flows.