Midnight Competitors

Pink Sheets USA . 
Stock . Midnight Sun Mining
MDNGF Stock  USD 0.17  0.01  5.56%   
Midnight Sun Mining competes with Alpha Lithium, Ameriwest Lithium, Starr Peak, American Lithium, and Nexa Resources; as well as few others. The company classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Midnight Sun competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Midnight Sun to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Midnight Sun Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Midnight Sun competition on your existing holdings.
  
Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Midnight Sun's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.000.006.48
Details
Intrinsic
Valuation
LowRealHigh
0.000.006.48
Details
Naive
Forecast
LowNextHigh
00.176.64
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.160.190.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Midnight Sun. Your research has to be compared to or analyzed against Midnight Sun's peers to derive any actionable benefits. When done correctly, Midnight Sun's 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 Midnight Sun Mining.

Midnight Sun Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Midnight Sun and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Midnight and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Midnight Sun Mining does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
HECOF
+ 0.65
AMLI
HECOF
+ 0.6
ULTXF
STRPF
+ 0.6
JORFF
AMLI
+ 0.56
ULTXF
JORFF
+ 0.45
CXOXF
STRPF
+ 0.45
CXOXF
  
High negative correlations   
APHLF
- 0.79
AMLI
APHLF
- 0.67
HECOF
AMLI
- 0.65
AWLIF
APHLF
- 0.6
ULTXF
AWLIF
- 0.58
CXOXF
HECOF
- 0.47
AWLIF

Risk-Adjusted Indicators

There is a big difference between Midnight Pink Sheet performing well and Midnight Sun Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Midnight Sun's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
ULTXF  11.82  2.81  0.00 (0.67) 0.00 
 0.00 
 100.00 
(50.00)
 150.00 
CXOXF  7.97  0.37  0.01 (0.06) 9.57 
(11.13)
 18.18 
(17.65)
 45.00 
JORFF  4.79 (0.29) 0.00  0.19  0.00 
 0.00 
 8.70 
(17.98)
 54.70 
ALLIF  5.78  0.15  0.01 (0.76) 6.55 
(9.68)
 13.04 
(12.50)
 48.15 
AWLIF  7.01  1.71  0.19  1.87  6.19 
(10.69)
 15.79 
(9.52)
 47.44 
STRPF  3.19  0.00 (0.01) 0.07  3.54 
(5.60)
 10.00 
(6.90)
 27.56 
AMLI  3.40 (1.03) 0.00 (0.38) 0.00 
 0.00 
 7.69 
(7.41)
 26.90 
HECOF  6.99  0.22  0.00  0.01  0.00 
 0.00 
 16.62 
(14.18)
 43.32 
APHLF  1.49  0.30  0.07  1.28  2.03 
(2.46)
 3.13 
(1.94)
 15.53 

Midnight Sun Competitive Analysis

The better you understand Midnight Sun competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Midnight Sun's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Midnight Sun's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
MDNGF ULTXF CXOXF JORFF ALLIF AWLIF STRPF AMLI HECOF APHLF
 5.56 
 0.17 
Midnight
 100.00 
 0.02 
Ultra
 11.11 
 0.10 
Core
 17.42 
 0.01 
Jourdan
 4.00 
 0.26 
Alpha
 2.44 
 0.40 
Ameriwest
 3.57 
 0.29 
Starr
 3.57 
 0.54 
American
 5.06 
 0.07 
Global
 0.92 
 1.10 
Alpha
Market Volatility
(90 Days Market Risk)
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Out of control
Dangerous
Out of control
Very steady
Market Performance
(90 Days Performance)
Very Weak
OK
Weak
Very Weak
Weak
Good
Very Weak
Very Weak
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Quite High
Above Average
Quite High
Very High
Quite High
Above Average
Quite High
Above Average
Quite High
Dangerous
Current Valuation
(Equity Enterprise Value)
Under Valued
Over Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Over Valued
Under Valued
Over Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Strong Buy
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Not Rated
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Cautious Hold
Strong Sell
Strong Sell
Strong Sell
Not Rated
Current Ratio
14.79
20.59
7.58
2.51
6.18
3.73
1.73
N/A
N/A
12.09
Net Asset
20.78 M
3.17 M
261.85 M
1.79 M
39.13 M
12.05 M
17.82 M
194.28 M
10.33 M
67.82 M
Profit Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
EBITDA
(1.88 M)
(737.37 K)
(7.59 M)
(2.44 M)
(34.71 M)
(9.5 M)
(14.05 M)
(35.09 M)
(3.4 M)
(7.55 M)
Current Valuation
18.12 M
7.96 M
1.37 B
15.13 M
266.63 M
9.3 M
29.39 M
95.69 M
10.92 M
89.87 M
Price To Book
1.98
1.76
9.21
7.88
12.46
1.38
2.82
1.15
2.4
2.51
Operating Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Retained Earnings
N/A
N/A
N/A
N/A
N/A
N/A
N/A
(115.79 M)
N/A
N/A
Current Asset
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Five Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
0.9
2.08
1.76
0.0511
0.19
2.87
1.07
2.34
N/A
0.86
Number Of Employees
9
9
3
6
5
3
4
N/A
5
3
Shares Outstanding
117.69 M
168.73 M
1.85 B
270.36 M
605.74 M
59.93 M
46.44 M
214.66 M
46.14 M
162.08 M
Cash Flow From Operations
(869.15 K)
(581.76 K)
(6.22 M)
(2.58 M)
(5.38 M)
(9.09 M)
(11.14 M)
(24.4 M)
(3.1 M)
(8.45 M)
Annual Yield
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Debt
40 K
N/A
2.09 M
N/A
N/A
65.58 K
N/A
226.29 K
N/A
N/A
Return On Equity
-0.11
0.36
-0.0482
-3.28
-0.67
-1.5
-0.62
-0.24
N/A
-0.27
Z Score
N/A
N/A
N/A
-3.3
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.0618
-0.0485
-0.0288
-0.75
-0.2
-0.24
-0.37
-0.15
N/A
-0.17
Book Value Per Share
0.12
0.096
0.14
0.012
0.06
0.11
0.35
0.81
N/A
0.39
Number Of Shares Shorted
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.54 M
N/A
N/A
Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Asset
20.78 M
3.17 M
261.85 M
1.79 M
39.13 M
12.05 M
17.82 M
194.28 M
10.33 M
67.82 M
Debt To Equity
0.003
0.004
0.008
N/A
0.1
0.006
N/A
N/A
N/A
N/A
Short Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.07
N/A
N/A
Target Price
N/A
N/A
N/A
N/A
N/A
N/A
N/A
4.88
N/A
N/A
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
N/A
13.63
N/A
3.04
N/A
2.42
7.74
N/A
2.44
Market Capitalization
22.36 M
12.63 M
1.31 B
13.67 M
296.91 M
12.2 M
18.14 M
116.77 M
14.26 M
139.35 M
Price To Earning
-27.02
-42.33
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
N/A
N/A
4222.84
N/A
7476.4
N/A
N/A
N/A
N/A
N/A
Net Income
(1.9 M)
(742.65 K)
(7.47 M)
(2.44 M)
(34.65 M)
(9.6 M)
(12.88 M)
(35.67 M)
(3.41 M)
(9.22 M)
Earnings Per Share
-0.013
-0.005
-0.003
-0.012
-0.023
-0.12
-0.26
-0.15
N/A
-0.076
Shares Owned By Insiders
8.36
37.63
12.24
20.97
47.91
1.62
0.67
10.45
14.05
0.69
Revenue
N/A
N/A
315.36 K
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Working Capital
N/A
N/A
N/A
N/A
N/A
N/A
N/A
41.39 M
N/A
N/A
Cash And Equivalents
1.7 M
9.64 M
135.39 M
2.41 M
23.88 M
1.68 M
1.35 M
N/A
N/A
37.88 M
Cash Per Share
0.01
0.06
0.08
0.01
0.04
0.03
0.03
N/A
N/A
0.24
Gross Profit
N/A
N/A
315.36 K
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Day Typical Price
0.17
0.02
0.095
0.0109
0.26
0.41
0.29
0.54
0.0775
1.1
Accumulation Distribution
0.0556
N/A
0.15
N/A
N/A
0.13
0.0345
0.0536
0.17
0.018
Market Facilitation Index
0.01
N/A
0.015
N/A
N/A
0.06
0.01
0.03
0.0142
0.02
Daily Balance Of Power
(1.00)
9.2 T
0.6667
(9,223,372,036,855)
9.2 T
(0.17)
1.0
(0.67)
0.2535
0.5
Period Momentum Indicator
(0.01)
0.01
0.01
(0)
0.01
(0.01)
0.01
(0.02)
0.0036
0.01
Rate Of Daily Change
0.94
2.0
1.11
0.83
1.04
0.98
1.04
0.96
1.05
1.01
Day Median Price
0.18
0.02
0.0925
0.0109
0.26
0.42
0.29
0.55
0.0789
1.1
Price Action Indicator
(0.01)
0.005
0.0125
(0)
0.005
(0.03)
0.01
(0.01)
(0)
0.005
Relative Strength Index
44.86
69.43
48.0
32.78
51.84
72.51
47.5
35.45
47.15
63.4
Coefficient Of Variation
(3,252)
1105.86
6235.69
(1,891)
5946.39
513.74
8274.05
(569.10)
(63,777)
860.43
Mean Deviation
3.95
11.82
7.97
4.79
5.78
7.01
3.19
3.4
6.99
1.49
Jensen Alpha
(0.24)
2.81
0.3729
(0.29)
0.1519
1.71
(0)
(1.03)
0.2208
0.2967
Total Risk Alpha
(1.01)
(1.03)
(1.19)
(1.68)
(0.98)
0.6153
(0.56)
(1.47)
(1.21)
(0.04)
Sortino Ratio
N/A
N/A
0.0058
N/A
0.0062
0.1883
(0.01)
N/A
N/A
0.0693
Downside Variance
N/A
N/A
198.08
N/A
88.0
82.32
27.56
N/A
N/A
11.71
Standard Deviation
6.32
27.93
10.66
9.26
8.78
9.24
4.76
4.81
9.37
2.81
Kurtosis
1.32
7.77
(0.38)
5.73
3.09
1.92
2.74
3.18
0.1665
11.89
Potential Upside
10.53
100.0
18.18
8.7
13.04
15.79
10.0
7.69
16.62
3.13
Treynor Ratio
(0.52)
(0.67)
(0.06)
0.1874
(0.76)
1.87
0.0722
(0.38)
0.008
1.28
Maximum Drawdown
33.04
150.0
45.0
54.7
48.15
47.44
27.56
26.9
43.32
15.53
Variance
40.0
779.85
113.61
85.76
77.04
85.31
22.67
23.14
87.73
7.88
Market Risk Adjusted Performance
(0.51)
(0.66)
(0.05)
0.1974
(0.75)
1.88
0.0822
(0.37)
0.018
1.29
Risk Adjusted Performance
(0.01)
0.0662
0.0194
(0.02)
0.0198
0.1308
0.0162
(0.10)
0.0084
0.0803
Skewness
0.4129
2.24
(0.07)
0.4654
0.9864
0.7844
0.9461
0.5006
0.4677
0.5763
Semi Deviation
N/A
N/A
9.57
N/A
6.55
6.19
3.54
N/A
N/A
2.03
Information Ratio
(0.04)
0.0872
0.0077
(0.06)
0.0067
0.185
(0.01)
(0.19)
(0.01)
0.0844
Value At Risk
(10.53)
(50.00)
(17.65)
(17.98)
(12.50)
(9.52)
(6.90)
(7.41)
(14.18)
(1.94)
Expected Short fall
N/A
N/A
(11.13)
N/A
(9.68)
(10.69)
(5.60)
N/A
N/A
(2.46)
Downside Deviation
N/A
N/A
14.07
N/A
9.38
9.07
5.25
N/A
N/A
3.42
Semi Variance
N/A
N/A
91.62
N/A
42.87
38.26
12.52
N/A
N/A
4.13

Midnight Sun Competition Performance Charts

Five steps to successful analysis of Midnight Sun Competition

Midnight Sun's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Midnight Sun Mining in relation to its competition. Midnight Sun's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Midnight Sun in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Midnight Sun's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Midnight Sun Mining, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Midnight Sun position

In addition to having Midnight Sun 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.

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Broad Debt ETFs
Broad Debt ETFs Theme
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Broad Debt ETFs theme has 207 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 Broad Debt ETFs Theme or any other thematic opportunities.
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Check out Midnight Sun Correlation with its peers.
Note that the Midnight Sun Mining information on this page should be used as a complementary analysis to other Midnight Sun'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Complementary Tools for Midnight Pink Sheet analysis

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