Northern Dynasty Minerals Stock Probability of Future Stock Price Finishing Over 0.2951
| NAK Stock | USD 0.30 0.01 1.76% |
Closest to current price Northern long PUT Option Payoff at Expiration
Northern |
Northern Dynasty Target Price Odds to finish over 0.2951
The tendency of Northern Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.30 | 90 days | 0.30 | about 72.07 |
Based on a normal probability distribution, the odds of Northern Dynasty to move above the current price in 90 days from now is about 72.07 (This Northern Dynasty Minerals probability density function shows the probability of Northern Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.09 . This indicates Northern Dynasty Minerals market returns are very sensitive to returns on the market. As the market goes up or down, Northern Dynasty is expected to follow. Additionally Northern Dynasty Minerals has an alpha of 0.0724, implying that it can generate a 0.0724 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Northern Dynasty Price Density |
| Price |
Predictive Modules for Northern Dynasty
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Northern Dynasty Minerals. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Northern Dynasty'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.
Northern Dynasty Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Northern Dynasty is not an exception. The market had few large corrections towards the Northern Dynasty's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Northern Dynasty Minerals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Northern Dynasty within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.07 | |
β | Beta against NYSE Composite | 1.09 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.02 |
Northern Dynasty Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Northern Dynasty for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Dynasty Minerals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Northern Dynasty has some characteristics of a very speculative penny stock | |
| Northern Dynasty had very high historical volatility over the last 90 days | |
| Northern Dynasty has high likelihood to experience some financial distress in the next 2 years | |
| Reported Net Loss for the year was (21 M) with profit before taxes, overhead, and interest of 0. | |
| Northern Dynasty Minerals has about 14.17 M in cash with (21.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Latest headline from news.google.com: Northern Dynasty Minerals Sets AGM and Goes Green - TipRanks.com - TipRanks |
Northern Dynasty Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Northern Stock often depends not only on the future outlook of the current and potential Northern Dynasty's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Northern Dynasty's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 530.3 M | |
| Cash And Short Term Investments | 18.2 M |
Northern Dynasty Technical Analysis
Northern Dynasty's future price can be derived by breaking down and analyzing its technical indicators over time. Northern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northern Dynasty Minerals. In general, you should focus on analyzing Northern Stock price patterns and their correlations with different microeconomic environments and drivers.
Northern Dynasty Predictive Forecast Models
Northern Dynasty's time-series forecasting models is one of many Northern Dynasty's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Northern Dynasty's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Northern Dynasty Minerals
Checking the ongoing alerts about Northern Dynasty for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northern Dynasty Minerals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Northern Dynasty has some characteristics of a very speculative penny stock | |
| Northern Dynasty had very high historical volatility over the last 90 days | |
| Northern Dynasty has high likelihood to experience some financial distress in the next 2 years | |
| Reported Net Loss for the year was (21 M) with profit before taxes, overhead, and interest of 0. | |
| Northern Dynasty Minerals has about 14.17 M in cash with (21.92 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.05. | |
| Latest headline from news.google.com: Northern Dynasty Minerals Sets AGM and Goes Green - TipRanks.com - TipRanks |
Additional Information and Resources on Investing in Northern Stock
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 Northern Dynasty Backtesting, Northern Dynasty Valuation, Northern Dynasty Correlation, Northern Dynasty Hype Analysis, Northern Dynasty Volatility, Northern Dynasty History as well as Northern Dynasty Performance. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Diversified Metals & Mining space 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 (0.09) | Return On Equity (0.15) |
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.