Niocorp Developments Ltd Stock Statistic Functions Variance

NB Stock   1.38  0.03  2.13%   
NioCorp Developments statistic functions tool provides the execution environment for running the Variance function and other technical functions against NioCorp Developments. NioCorp Developments value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Variance function function is designed to identify and follow existing trends. NioCorp Developments statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. NioCorp Developments Variance is a measurement of the price spread between periods of NioCorp Developments price series.

NioCorp Developments Technical Analysis Modules

Most technical analysis of NioCorp Developments help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for NioCorp from various momentum indicators to cycle indicators. When you analyze NioCorp charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About NioCorp Developments Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NioCorp Developments Ltd. We use our internally-developed statistical techniques to arrive at the intrinsic value of NioCorp Developments Ltd based on widely used predictive technical indicators. In general, we focus on analyzing NioCorp Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build NioCorp Developments's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of NioCorp Developments's intrinsic value. In addition to deriving basic predictive indicators for NioCorp Developments, we also check how macroeconomic factors affect NioCorp Developments price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
0.071.386.20
Details
Intrinsic
Valuation
LowRealHigh
0.071.336.15
Details
Naive
Forecast
LowNextHigh
0.031.416.23
Details
1 Analysts
Consensus
LowTargetHigh
10.9212.0013.32
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as NioCorp Developments. Your research has to be compared to or analyzed against NioCorp Developments' peers to derive any actionable benefits. When done correctly, NioCorp Developments' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in NioCorp Developments.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NioCorp Developments in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NioCorp Developments' short interest history, or implied volatility extrapolated from NioCorp Developments options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Artificial Intelligence Idea
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NioCorp Developments Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NioCorp Developments. If investors know NioCorp will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NioCorp Developments listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.27)
Return On Assets
(0.42)
Return On Equity
(7.72)
The market value of NioCorp Developments is measured differently than its book value, which is the value of NioCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NioCorp Developments' value that differs from its market value or its book value, called intrinsic value, which is NioCorp Developments' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NioCorp Developments' market value can be influenced by many factors that don't directly affect NioCorp Developments' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NioCorp Developments' value and its price as these two are different measures arrived at by different means. Investors typically determine if NioCorp Developments is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NioCorp Developments' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.