North Stock Buy Hold or Sell Recommendation

Stocks . Canada . 
Stock . North Arrow Minerals
NAR Stock  CAD 0.06  0.005  8.33%   
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding North Arrow Minerals is 'Cautious Hold'. Macroaxis provides North Arrow buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NAR positions. The advice algorithm takes into account all of North Arrow's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from North Arrow's buy-and-hold perspective. Check out North Arrow Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as North and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards North Arrow Minerals.

Execute North Arrow Buy or Sell Advice

The North recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on North Arrow Minerals. Macroaxis does not own or have any residual interests in North Arrow Minerals or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute North Arrow's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell North ArrowBuy North Arrow
Strong Sell

Volatility

Out of control
Details

Hype Condition

Under hyped
Details

Current Valuation

Undervalued
Details

Odds of Distress

Below Average
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Economic Sensitivity

Hyperactively responds to market trends
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Analyst Consensus

Not Available
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Reporting Quality (M-Score)

Inapplicable
Details
For the selected time horizon North Arrow Minerals has a Mean Deviation of 7.34, Semi Deviation of 7.27, Standard Deviation of 14.26, Variance of 203.38, Downside Variance of 332.13 and Semi Variance of 52.86
We provide investment recommendation to complement the last-minute expert consensus on North Arrow Minerals. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the entity's potential to grow using all technical and fundamental data available at the time. To make sure North Arrow Minerals is not overpriced, please verify all North Arrow Minerals fundamentals, including its cash and equivalents and the relationship between the current ratio and z score .

North Arrow Trading Alerts and Improvement Suggestions

North Arrow Minerals is way too risky over 90 days horizon
North Arrow Minerals has some characteristics of a very speculative penny stock
North Arrow Minerals appears to be risky and price may revert if volatility continues
The company has accumulated 432.75 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. North Arrow Minerals has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist North Arrow until it has trouble settling it off, either with new capital or with free cash flow. So, North Arrow's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like North Arrow Minerals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for North to invest in growth at high rates of return. When we think about North Arrow's use of debt, we should always consider it together with cash and equity.
Net Loss for the year was (1.7 M) with loss before overhead, payroll, taxes, and interest of (45.58 K).
North Arrow Minerals has accumulated about 2.39 M in cash with (655.67 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Roughly 30.0% of North Arrow outstanding shares are owned by corporate insiders

North Arrow Returns Distribution Density

The distribution of North Arrow's historical returns is an attempt to chart the uncertainty of North Arrow's future price movements. The chart of the probability distribution of North Arrow stock daily returns describes the distribution of returns around its average expected value. We use North Arrow Minerals price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of North Arrow returns is essential to provide solid investment advice for North Arrow.
Mean Return1.46Value At Risk-12.5
Potential Upside25.00Standard Deviation14.26
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of North Arrow historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Backtest North Arrow Minerals

North Arrow Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to North Arrow or Basic Materials sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that North Arrow's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a North stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite		1.55
β
Beta against NYSE Composite3.09
σ
Overall volatility		13.67
Ir
Information ratio 0.10

North Arrow Volatility Alert

North Arrow Minerals is showing large volatility of returns over the selected time horizon. We encourage all investors to investigate this asset further to ensure that related market timing strategies are aligned with all the expectations about North Arrow implied risk. North Arrow Minerals is a penny stock. Although North Arrow may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in North Arrow Minerals. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on North instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.

North Arrow Fundamentals Vs Peers

Comparing North Arrow's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze North Arrow's direct or indirect competition across all of the common fundamentals between North Arrow and the related equities. This way, we can detect undervalued stocks with similar characteristics as North Arrow or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of North Arrow's fundamental indicators could also be used in its relative valuation, which is a method of valuing North Arrow by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare North Arrow to competition
FundamentalsNorth ArrowPeer Average
Return On Equity(0.09) %(0.31) %
Return On Asset(0.05) %(0.14) %
Current Valuation4.68 M16.62 B
Shares Outstanding137.6 M571.82 M
Shares Owned by Insiders30.30 %10.09 %
Shares Owned by Institutions0.84 %39.21 %
Number of Shares Shorted30 K4.71 M
Price to Earning(26.11) X28.72 X
Price to Book0.27 X9.51 X
Gross Profit(45.58 K)27.38 B
EBITDA(790.75 K)3.9 B
Net Income(1.7 M)570.98 M
Cash and Equivalents2.39 M2.7 B
Cash per Share0.02 X5.01 X
Total Debt432.75 K5.32 B
Debt to Equity0.021 %48.70 %
Current Ratio0.99 X2.16 X
Book Value Per Share0.15 X1.93 K
Cash Flow from Operations(655.67 K)971.22 M
Short Ratio0.47 X4.00 X
Earnings Per Share(0.01) X3.12 X
Beta2.66-0.15
Market Capitalization8.26 M19.03 B
Total Asset20.14 M29.47 B
Z Score11.48.72
Net Asset20.14 M

North Arrow Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as North . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution16090.91
Daily Balance Of Power(1.00)
Rate Of Daily Change0.92
Day Median Price0.0525
Day Typical Price0.0533

About North Arrow Buy or Sell Advice

When is the right time to buy or sell North Arrow Minerals? Buying financial instruments such as North Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having North Arrow in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Recycling Thematic Idea Now

Recycling
Recycling Theme
West management companies as well as entities specializing in pollution control and recycling. The Recycling theme has 38 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Recycling Theme or any other thematic opportunities.
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Check out North Arrow Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running North Arrow Minerals price analysis, check to measure North Arrow'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 North Arrow is operating at the current time. Most of North Arrow's value examination focuses on studying past and present price action to predict the probability of North Arrow's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move North Arrow's price. Additionally, you may evaluate how the addition of North Arrow to your portfolios can decrease your overall portfolio volatility.
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Altman
Z Score
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Intrinsic
Valuation
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Financial
Analysis
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Buy or Sell
Advice
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Technical
Analysis
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Please note, there is a significant difference between North Arrow's value and its price as these two are different measures arrived at by different means. Investors typically determine North Arrow value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, North Arrow's 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.
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