Nordic Iron (Sweden) Today
| NIO Stock | SEK 5.00 0.02 0.40% |
Performance5 of 100
| Odds Of DistressLess than 22
|
Nordic Iron is selling for under 5.00 as of the 27th of November 2024; that is 0.40 percent increase since the beginning of the trading day. The stock's last reported lowest price was 4.84. Nordic Iron has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Nordic Iron Ore are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of October 2023 and ending today, the 27th of November 2024. Click here to learn more.
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. The company has 37.14 M outstanding shares. More on Nordic Iron Ore
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Nordic 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. Nordic Iron's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nordic Iron or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Iron (View all Themes) |
| Business Concentration | Iron, Industrial Metals & Minerals, Basic Materials (View all Sectors) |
Nordic Iron Ore (NIO) is traded on Stockholm Exchange in Sweden and employs 3 people. 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. Nordic Iron Ore operates under Basic Materials sector and is part of Industrial Metals & Minerals industry. The entity has 37.14 M outstanding shares.
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.
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Ownership AllocationNordic Iron Ore maintains a total of 37.14 Million outstanding shares. Nordic Iron Ore holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Nordic Iron Ore Risk Profiles
Although Nordic Iron's alpha and beta are two of the key measurements used to evaluate Nordic Iron's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.33 | |||
| Semi Deviation | 2.06 | |||
| Standard Deviation | 3.69 | |||
| Variance | 13.59 |
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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.