Northern Dynasty Minerals Stock Technical Analysis

NAK Stock  USD 0.28  0.02  6.67%   
As of the 19th of April, Northern Dynasty secures the Mean Deviation of 3.48, risk adjusted performance of 0.0235, and Downside Deviation of 6.06. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Dynasty Minerals, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Northern Dynasty, which can be compared to its peers in the industry. Please verify Northern Dynasty Minerals information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Northern Dynasty Minerals is priced some-what accurately, providing market reflects its recent price of 0.28 per share. As Northern Dynasty Minerals appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.

Northern Dynasty Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Northern, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Northern
  
Northern Dynasty's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Northern Dynasty Analyst Consensus

Target PriceAdvice# of Analysts
0.9Buy2Odds
Northern Dynasty Minerals current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Northern analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Northern stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Northern Dynasty Minerals, talking to its executives and customers, or listening to Northern conference calls.
Northern Analyst Advice Details
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.
A focus of Northern Dynasty technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Northern Dynasty trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Northern Dynasty Minerals Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Northern Dynasty Minerals volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Northern Dynasty Minerals Trend Analysis

Use this graph to draw trend lines for Northern Dynasty Minerals. You can use it to identify possible trend reversals for Northern Dynasty as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Northern Dynasty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Northern Dynasty Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Northern Dynasty Minerals applied against its price change over selected period. The best fit line has a slop of    , which may imply that Northern Dynasty Minerals will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 0.1, which is the sum of squared deviations for the predicted Northern Dynasty price change compared to its average price change.

About Northern Dynasty Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Northern Dynasty Minerals on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Northern Dynasty Minerals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Northern Dynasty Minerals price pattern first instead of the macroeconomic environment surrounding Northern Dynasty Minerals. By analyzing Northern Dynasty's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Northern Dynasty's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Northern Dynasty specific price patterns or momentum indicators. Please read more on our technical analysis page.

Northern Dynasty April 19, 2024 Technical Indicators

Most technical analysis of Northern 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 Northern from various momentum indicators to cycle indicators. When you analyze Northern charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
When determining whether Northern Dynasty Minerals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Northern Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Northern Dynasty Minerals Stock. Highlighted below are key reports to facilitate an investment decision about Northern Dynasty Minerals Stock:
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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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.