Nordic Iron (Sweden) Analysis
| NIO Stock | SEK 5.00 0.02 0.40% |
Nordic Iron Ore is overvalued with Real Value of 3.99 and Hype Value of 5.0. The main objective of Nordic Iron stock analysis is to determine its intrinsic value, which is an estimate of what Nordic Iron Ore is worth, separate from its market price. There are two main types of Nordic Iron's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nordic Iron's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nordic Iron's stock to identify patterns and trends that may indicate its future price movements.
The Nordic Iron stock is traded in Sweden on Stockholm Exchange, with the market opening at 09:00:00 and closing at 17:30:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Sweden. Nordic Iron is usually not traded on NationalDay, International Workers ' Day, St . John 's Day, All Saints ' Day, Christmas Eve, Christmas Day, Boxing Day, New Year 's Day, Epiphany, Good Friday, Easter Sunday, Easter Monday. Nordic Stock trading window is adjusted to Europe/Stockholm timezone.
Nordic |
Nordic Stock Analysis Notes
About 54.0% of the company outstanding shares are owned by corporate insiders. The book value of Nordic Iron was now reported as 3.98. The company recorded a loss per share of 0.22. Nordic Iron Ore had not issued any dividends in recent years. The entity had 2333:2158 split on the 14th of November 2019. Nordic Iron Ore AB engages in the exploration, development, and mining of iron-ore deposits in Vsterbergslagen, Sweden. The company was founded in 2008 and is headquartered in Danderyd, Sweden. Nordic Iron is traded on Stockholm Stock Exchange in Sweden. To find out more about Nordic Iron Ore contact the company at 46 24 08 83 00 or learn more at https://www.nordicironore.se.Nordic Iron Ore Investment Alerts
| Nordic Iron Ore had very high historical volatility over the last 90 days | |
| Nordic Iron Ore has accumulated 2.1 M in total debt with debt to equity ratio (D/E) of 8.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Nordic Iron Ore has a current ratio of 0.75, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nordic Iron until it has trouble settling it off, either with new capital or with free cash flow. So, Nordic Iron's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nordic Iron Ore sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nordic to invest in growth at high rates of return. When we think about Nordic Iron's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (8.84 M) with profit before overhead, payroll, taxes, and interest of 120.6 K. | |
| Nordic Iron Ore has accumulated about 2.81 M in cash with (9.11 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19. | |
| Roughly 54.0% of Nordic Iron outstanding shares are owned by corporate insiders |
Nordic Iron Thematic Classifications
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 | IronSteel and Iron production |
Nordic Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 301.04 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nordic Iron's market, we take the total number of its shares issued and multiply it by Nordic Iron's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 28th of November, Nordic Iron secures the Risk Adjusted Performance of 0.0528, downside deviation of 2.49, and Mean Deviation of 2.33. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nordic Iron Ore, as well as the relationship between them.Nordic Iron Ore Price Movement Analysis
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nordic Iron middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nordic Iron Ore. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nordic Iron Outstanding Bonds
Nordic Iron issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nordic Iron Ore uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nordic bonds can be classified according to their maturity, which is the date when Nordic Iron Ore has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Nordic Iron Predictive Daily Indicators
Nordic Iron intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nordic Iron stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Nordic Iron Forecast Models
Nordic Iron's time-series forecasting models are one of many Nordic Iron's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nordic Iron's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Nordic Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Nordic Iron prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nordic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nordic Iron. By using and applying Nordic Stock analysis, traders can create a robust methodology for identifying Nordic entry and exit points for their positions.
Nordic Iron Ore AB engages in the exploration, development, and mining of iron-ore deposits in Vsterbergslagen, Sweden. The company was founded in 2008 and is headquartered in Danderyd, Sweden. Nordic Iron is traded on Stockholm Stock Exchange in Sweden.
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Additional Tools for Nordic Stock Analysis
When running Nordic Iron's price analysis, check to measure Nordic Iron'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 Nordic Iron is operating at the current time. Most of Nordic Iron's value examination focuses on studying past and present price action to predict the probability of Nordic Iron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nordic Iron's price. Additionally, you may evaluate how the addition of Nordic Iron to your portfolios can decrease your overall portfolio volatility.