Northern Dynasty Minerals Stock Price on March 29, 2024
| NAK Stock | USD 0.30 0.01 3.45% |
Below is the normalized historical share price chart for Northern Dynasty Minerals extending back to April 19, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Northern Dynasty stands at 0.30, as last reported on the 4th of May, with the highest price reaching 0.31 and the lowest price hitting 0.29 during the day.
If you're considering investing in Northern Stock, it is important to understand the factors that can impact its price. Northern Dynasty appears to be out of control, given 3 months investment horizon. Northern Dynasty Minerals has Sharpe Ratio of 0.0961, which conveys that the firm had a 0.0961% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Northern Dynasty, which you can use to evaluate the volatility of the firm. Please exercise Northern Dynasty's Downside Deviation of 6.07, mean deviation of 3.21, and Risk Adjusted Performance of 0.0694 to check out if our risk estimates are consistent with your expectations.
At this time, Northern Dynasty's Common Stock Total Equity is quite stable compared to the past year. Common Stock Shares Outstanding is expected to rise to about 556.8 M this year, although the value of Liabilities And Stockholders Equity will most likely fall to about 117.2 M. . Price Earnings To Growth Ratio is expected to rise to 0.81 this year, although the value of Price Earnings Ratio will most likely fall to (11.35). Northern Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of February 2002 | 200 Day MA 0.302 | 50 Day MA 0.2958 | Beta 0.779 |
Northern |
Sharpe Ratio = 0.0961
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 4.49 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Northern Dynasty is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Northern Dynasty by adding it to a well-diversified portfolio.
Price Book 2.0929 | Book Value 0.229 | Enterprise Value 144.4 M | Enterprise Value Ebitda (8.51) | Shares Float 527.7 M |
Northern Dynasty Main Headline on 29th of March 2024
Northern Dynasty Minerals Stock Crosses Above 200 Day Moving... by news.google.com
Northern Dynasty Minerals Stock Crosses Above 200 Day Moving Average of 0.00 MarketBeat
Northern Dynasty Valuation on March 29, 2024
It is possible to determine the worth of Northern Dynasty on a given historical date. On March 29, 2024 Northern was worth 0.31 at the beginning of the trading date compared to the closed value of 0.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Northern Dynasty stock. Still, in general, we apply an absolute valuation method to find Northern Dynasty's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Northern Dynasty where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Northern Dynasty's related companies.
| Open | High | Low | Close | Volume | |
| 0.31 | 0.32 | 0.31 | 0.32 | 634,032 | |
03/29/2024 | 0.31 | 0.32 | 0.31 | 0.32 | 638,072 |
| 0.32 | 0.33 | 0.31 | 0.32 | 891,648 |
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Northern Dynasty Trading Date Momentum on March 29, 2024
| On April 01 2024 Northern Dynasty Minerals was traded for 0.32 at the closing time. Highest Northern Dynasty's price during the trading hours was 0.33 and the lowest price during the day was 0.31 . The net volume was 891.6 K. The overall trading history on the 1st of April did not cause price change. The trading delta at closing time to current price is 0.00% . |
Northern Dynasty Minerals Fundamentals Correlations and Trends
By evaluating Northern Dynasty's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Northern Dynasty's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Northern financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Northern Dynasty Stock history
Northern Dynasty investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Northern is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Northern Dynasty Minerals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Northern Dynasty stock prices may prove useful in developing a viable investing in Northern Dynasty
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 530.3 M | 556.8 M | |
| Net Loss | -22 M | -23.1 M |
Northern Dynasty Stock Technical Analysis
Northern Dynasty technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Northern Dynasty Period Price Range
Low | March 29, 2024
| High |
0.31 | 0.32 |
Northern Dynasty May 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Northern Dynasty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Northern Dynasty shares will generate the highest return on investment. By undertsting and applying Northern Dynasty stock market strength indicators, traders can identify Northern Dynasty Minerals entry and exit signals to maximize returns
| Accumulation Distribution | 19939.75 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 0.32 | |||
| Day Typical Price | 0.32 | |||
| Price Action Indicator | 0.01 | |||
| Period Momentum Indicator | (0.02) |
Northern Dynasty Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Northern Dynasty's price direction in advance. Along with the technical and fundamental analysis of Northern Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Northern to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0694 | |||
| Jensen Alpha | 0.3585 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0595 | |||
| Treynor Ratio | 0.4143 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Dynasty Minerals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Northern Dynasty Minerals information on this page should be used as a complementary analysis to other Northern Dynasty's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Northern Stock analysis
When running Northern Dynasty's price analysis, check to measure Northern Dynasty'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 Northern Dynasty is operating at the current time. Most of Northern Dynasty's value examination focuses on studying past and present price action to predict the probability of Northern Dynasty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northern Dynasty's price. Additionally, you may evaluate how the addition of Northern Dynasty to your portfolios can decrease your overall portfolio volatility.
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Is Northern Dynasty's industry 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 Northern Dynasty. If investors know Northern 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 Northern Dynasty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.03) | Return On Assets (0.1) | Return On Equity (0.16) |
The market value of Northern Dynasty Minerals is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Dynasty's value that differs from its market value or its book value, called intrinsic value, which is Northern Dynasty's 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 Northern Dynasty's market value can be influenced by many factors that don't directly affect Northern Dynasty's 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 Northern Dynasty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Dynasty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Dynasty'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.