Nouveau Monde Graphite Stock Today
| NOU Stock | CAD 2.98 0.07 2.30% |
Performance0 of 100
| Odds Of DistressOver 67
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Nouveau Monde is selling for under 2.98 as of the 16th of April 2024; that is -2.3 percent decrease since the beginning of the trading day. The stock's lowest day price was 2.95. Nouveau Monde has more than 67 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Nouveau Monde Graphite are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Nouveau Monde Graphite Inc. engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. Nouveau Monde Graphite Inc. was founded in 2011 and is headquartered in Saint-Michel-des-Saints, Canada. NOUVEAU MONDE operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange.. The company has 92.11 M outstanding shares of which 92.17 K shares are now shorted by private and institutional investors with about 1.0 days to cover all short positions. More on Nouveau Monde Graphite
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| 0.46 | GOOG | Alphabet CDR | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Nouveau 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. Nouveau Monde's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nouveau Monde or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO, Director | Eric Desaulniers | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | ||||
Nouveau Monde's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nouveau Monde's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nouveau Monde's financial leverage. It provides some insight into what part of Nouveau Monde's total assets is financed by creditors.
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Nouveau Monde Graphite (NOU) is traded on TSX Venture Exchange in Canada and employs 122 people. Nouveau Monde is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 274.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nouveau Monde's market, we take the total number of its shares issued and multiply it by Nouveau Monde'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. Nouveau Monde Graphite classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 92.11 M outstanding shares of which 92.17 K shares are now shorted by private and institutional investors with about 1.0 days to cover all short positions.
Nouveau Monde Graphite has accumulated about 86.46 M in cash with (39.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.84.
Check Nouveau Monde Probability Of Bankruptcy
Ownership AllocationNouveau Monde Graphite holds a total of 92.11 Million outstanding shares. Nouveau Monde Graphite 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. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Nouveau Ownership Details
Nouveau Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Nouveau Monde jumping above the current price in 90 days from now is about 69.15%. The Nouveau Monde Graphite probability density function shows the probability of Nouveau Monde stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the stock has a beta coefficient of 1.5071. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Nouveau Monde will likely underperform. Additionally, nouveau Monde Graphite has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Nouveau Monde to move above the current price in 90 days from now is about 69.15 (This Nouveau Monde Graphite probability density function shows the probability of Nouveau Stock to fall within a particular range of prices over 90 days) .
Nouveau Monde Graphite Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nouveau Monde market risk premium is the additional return an investor will receive from holding Nouveau Monde long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nouveau Monde. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Nouveau Monde's alpha and beta are two of the key measurements used to evaluate Nouveau Monde's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.77 | |||
| Standard Deviation | 4.3 | |||
| Variance | 18.5 | |||
| Risk Adjusted Performance | (0.01) |
Nouveau Stock Against Markets
Picking the right benchmark for Nouveau Monde stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nouveau Monde stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nouveau Monde is critical whether you are bullish or bearish towards Nouveau Monde Graphite at a given time. Please also check how Nouveau Monde's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nouveau Monde without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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SectorsList of equity sectors categorizing publicly traded companies based on their primary business activities |
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Nouveau Monde Corporate Directors
Nouveau Monde corporate directors refer to members of a Nouveau Monde board of directors. The board of directors generally takes responsibility for the Nouveau Monde's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Nouveau Monde's board members must vote for the resolution. The Nouveau Monde board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| CPA CMA | Director Relations | Profile | |
| Ian Bliss | Director | Profile | |
| Nicolas Tremblay | Director | Profile | |
| Roderick Bryden | Independent Director | Profile |
How to buy Nouveau Stock?
Before investing in Nouveau Monde, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nouveau Monde. To buy Nouveau Monde stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nouveau Monde. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nouveau Monde stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nouveau Monde Graphite stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nouveau Monde Graphite stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nouveau Monde Graphite, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nouveau Stock please use our How to Invest in Nouveau Monde guide.
Already Invested in Nouveau Monde Graphite?
The danger of trading Nouveau Monde Graphite is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nouveau Monde is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nouveau Monde. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nouveau Monde Graphite is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nouveau Monde Graphite is a strong investment it is important to analyze Nouveau Monde'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 Nouveau Monde's future performance. For an informed investment choice regarding Nouveau Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nouveau Monde Graphite. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Nouveau Stock analysis
When running Nouveau Monde's price analysis, check to measure Nouveau Monde'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 Nouveau Monde is operating at the current time. Most of Nouveau Monde's value examination focuses on studying past and present price action to predict the probability of Nouveau Monde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nouveau Monde's price. Additionally, you may evaluate how the addition of Nouveau Monde to your portfolios can decrease your overall portfolio volatility.
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