Northern Star (Germany) Analysis

Northern Stock Analysis Notes

About 54.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.55. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Northern Star Resources last dividend was issued on the 7th of March 2023. Northern Star Resources Limited engages in the exploration, development, mining, processing, and sale of gold deposits in Australia. The company was founded in 2000 and is based in Subiaco, Australia. NORTHERN STAR operates under Gold classification in Germany and is traded on Frankfurt Stock Exchange. It employs 26 people. To find out more about Northern Star Resources contact Stuart BEng at 61 8 6188 2100 or learn more at https://www.nsrltd.com.

Northern Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.85 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northern Star's market, we take the total number of its shares issued and multiply it by Northern Star's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Northern Profitablity

The company has Profit Margin (PM) of 0.05 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.06 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.06.

Technical Drivers

As of the 2nd of May, Northern Star secures the Downside Deviation of 1.78, risk adjusted performance of 0.0952, and Mean Deviation of 1.59. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Northern Star Resources, 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 interpolate nineteen technical drivers for Northern Star, which can be compared to its peers in the industry. Please verify Northern Star Resources maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Northern Star Resources is priced some-what accurately, providing market reflects its recent price of 8.93 per share.

Northern Star Resources Price Movement Analysis

Northern Star Predictive Daily Indicators

Northern Star Forecast Models

Northern Star's time-series forecasting models are one of many Northern Star's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Northern Star'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 market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Northern Star prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Northern shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Northern Star. By using and applying Northern Stock analysis, traders can create a robust methodology for identifying Northern entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northern Star Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

When running Northern Star's price analysis, check to measure Northern Star'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 Star is operating at the current time. Most of Northern Star's value examination focuses on studying past and present price action to predict the probability of Northern Star'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 Star's price. Additionally, you may evaluate how the addition of Northern Star to your portfolios can decrease your overall portfolio volatility.