NOVAGOLD RESOURCES (Germany) Today
| NGR Stock | EUR 3.21 0.18 5.31% |
Performance0 of 100
| Odds Of DistressLess than 26
|
NOVAGOLD RESOURCES is trading at 3.21 as of the 17th of December 2024, a 5.31 percent down since the beginning of the trading day. The stock's lowest day price was 3.21. NOVAGOLD RESOURCES has about a 26 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
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NOVAGOLD Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NOVAGOLD RESOURCES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NOVAGOLD RESOURCES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Other, Other (View all Sectors) |
NOVAGOLD RESOURCES (NGR) is traded on Berlin Exchange in Germany and employs 17 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.03 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NOVAGOLD RESOURCES's market, we take the total number of its shares issued and multiply it by NOVAGOLD RESOURCES'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. NOVAGOLD RESOURCES operates under Other sector and is part of Other industry.
NOVAGOLD RESOURCES generates negative cash flow from operations
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NOVAGOLD RESOURCES Risk Profiles
Although NOVAGOLD RESOURCES's alpha and beta are two of the key measurements used to evaluate NOVAGOLD RESOURCES's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.24 | |||
| Standard Deviation | 3.1 | |||
| Variance | 9.63 | |||
| Risk Adjusted Performance | (0.06) |
NOVAGOLD Stock Against Markets
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Additional Information and Resources on Investing in NOVAGOLD Stock
When determining whether NOVAGOLD RESOURCES is a strong investment it is important to analyze NOVAGOLD RESOURCES's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NOVAGOLD RESOURCES's future performance. For an informed investment choice regarding NOVAGOLD Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NOVAGOLD RESOURCES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade NOVAGOLD Stock refer to our How to Trade NOVAGOLD Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.