Northern Shield Resources Stock Analysis

Northern Pink Sheet Analysis Notes

The company has price-to-book ratio of 0.47. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Northern Shield Resources recorded a loss per share of 0.0. The entity had not issued any dividends in recent years. The firm had 1:5 split on the 9th of September 2022. Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. Northern Shield Resources Inc. was founded in 1999 and is headquartered in Ottawa, Canada. Northern Shield operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.The quote for Northern Shield Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Northern Shield Resources contact Ian Bliss at 613 232 0459 or learn more at https://www.northern-shield.com.

Northern Shield Resources Investment Alerts

Northern Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 2.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northern Shield's market, we take the total number of its shares issued and multiply it by Northern Shield'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 11th of December 2024, Northern Shield secures the Mean Deviation of 23.9, standard deviation of 85.46, and Risk Adjusted Performance of 0.1075. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Shield Resources, as well as the relationship between them. Please verify Northern Shield Resources risk adjusted performance, standard deviation, as well as the relationship between the Standard Deviation and maximum drawdown to decide if Northern Shield Resources is priced some-what accurately, providing market reflects its recent price of 0.25 per share. As Northern Shield Resources appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.

Northern Shield Resources Price Movement Analysis

Northern Shield Predictive Daily Indicators

Northern Shield Forecast Models

Northern Shield's time-series forecasting models are one of many Northern Shield's pink sheet 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 Northern Shield'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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Northern Shield 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 Northern shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Northern Shield. By using and applying Northern Pink Sheet analysis, traders can create a robust methodology for identifying Northern entry and exit points for their positions.

When running Northern Shield's price analysis, check to measure Northern Shield'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 Northern Shield is operating at the current time. Most of Northern Shield's value examination focuses on studying past and present price action to predict the probability of Northern Shield's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Shield's price. Additionally, you may evaluate how the addition of Northern Shield to your portfolios can decrease your overall portfolio volatility.