Niocorp Developments Ltd Stock Price on September 16, 2024

NB Stock   1.75  0.01  0.57%   
Below is the normalized historical share price chart for NioCorp Developments Ltd extending back to September 15, 2009. 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 NioCorp Developments stands at 1.75, as last reported on the 18th of September 2024, with the highest price reaching 1.81 and the lowest price hitting 1.71 during the day.
IPO Date
21st of March 2023
200 Day MA
2.4296
50 Day MA
1.8418
Beta
0.246
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in NioCorp Stock, it is important to understand the factors that can impact its price. We have found twenty-two technical indicators for NioCorp Developments, which you can use to evaluate the volatility of the firm. Please verify NioCorp Developments' Mean Deviation of 3.65, standard deviation of 5.2, and Risk Adjusted Performance of (0.02) to check out if the risk estimate we provide is consistent with the expected return of 0.0%.
  
The current year's Issuance Of Capital Stock is expected to grow to about 4.9 M, whereas Total Stockholder Equity is projected to grow to (9.4 M). . As of September 18, 2024, Price Earnings Ratio is expected to decline to -4.35. The current year's Price Book Value Ratio is expected to grow to -14.38. NioCorp Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0

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Estimated Market Risk

 5.26
  actual daily
46
54% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average NioCorp Developments is not performing at its full potential. However, 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 NioCorp Developments by adding NioCorp Developments to a well-diversified portfolio.
Price Book
11.0602
Book Value
(0.06)
Enterprise Value
66.9 M
Enterprise Value Ebitda
(3.30)
Shares Float
34 M

NioCorp Developments Main Headline on 16th of September 2024

NioCorp CEO Mark Smith and COO Scott Honan to present at the 3rd Annual Scandium Symposium in Washington, D.C. on October 14, 2024 CENTENNIAL, CO ACCESSWIRE September 16, 2024 NioCorp Developments Ltd. ...

NioCorp Developments Valuation on September 16, 2024

It is possible to determine the worth of NioCorp Developments on a given historical date. On September 16, 2024 NioCorp was worth 1.72 at the beginning of the trading date compared to the closed value of 1.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of NioCorp Developments stock. Still, in general, we apply an absolute valuation method to find NioCorp Developments' 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 NioCorp Developments where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against NioCorp Developments' related companies.
 Open High Low Close Volume
  1.77    1.84    1.72    1.72    56,089  
09/16/2024
  1.72    1.79    1.70    1.72    39,366  
  1.74    1.81    1.70    1.74    75,526  
Backtest NioCorp Developments  |  NioCorp Developments History  |  NioCorp Developments Valuation   PreviousNext  
Open Value
1.72
1.72
Closing Value
17.49
Upside

NioCorp Developments Trading Date Momentum on September 16, 2024

On September 17 2024 NioCorp Developments Ltd was traded for  1.74  at the closing time. The highest price during the trading period was 1.81  and the lowest recorded bid was listed for  1.70 . The volume for the day was 75.5 K. This history from September 17, 2024 contributed to the next trading day price jump. The trading delta at closing time to the next closing price was 1.16% . The trading delta at closing time to the current price is 1.74% .

NioCorp Developments Fundamentals Correlations and Trends

By evaluating NioCorp Developments' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among NioCorp Developments' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. NioCorp financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About NioCorp Developments Stock history

NioCorp Developments 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 NioCorp is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in NioCorp Developments 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 NioCorp Developments stock prices may prove useful in developing a viable investing in NioCorp Developments
Last ReportedProjected for Next Year
Common Stock Shares Outstanding33 M27.7 M
Net Loss-34.5 M-32.7 M

NioCorp Developments Stock Technical Analysis

NioCorp Developments 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 NioCorp Developments technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NioCorp Developments 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...

Price Boundaries

NioCorp Developments Period Price Range

Low
September 18, 2024
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NioCorp Developments Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

NioCorp Developments September 18, 2024 Market Strength

Market strength indicators help investors to evaluate how NioCorp Developments stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NioCorp Developments shares will generate the highest return on investment. By undertsting and applying NioCorp Developments stock market strength indicators, traders can identify NioCorp Developments Ltd entry and exit signals to maximize returns

NioCorp Developments Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for NioCorp Developments' price direction in advance. Along with the technical and fundamental analysis of NioCorp Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of NioCorp 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.

Complementary Tools for NioCorp Stock analysis

When running NioCorp Developments' price analysis, check to measure NioCorp Developments' 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 NioCorp Developments is operating at the current time. Most of NioCorp Developments' value examination focuses on studying past and present price action to predict the probability of NioCorp Developments' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NioCorp Developments' price. Additionally, you may evaluate how the addition of NioCorp Developments to your portfolios can decrease your overall portfolio volatility.
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