NICO Resources (Australia) Today
NICO Resources is selling for under 0.23 as of the 4th of May 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 0.23. Equity ratings for NICO Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of April 2024 and ending today, the 4th of May 2024. Click here to learn more.
Valuation
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NICO Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NICO Resources' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NICO Resources or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO MD | MBA Sc |
| Business Concentration | Materials, Metals & Mining (View all Sectors) |
NICO Resources (NC1) is traded on Australian Securities Exchange in Australia and employs 4 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 19.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NICO Resources's market, we take the total number of its shares issued and multiply it by NICO Resources'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. NICO Resources has 109.45 M outstanding shares.
NICO Resources generates negative cash flow from operations
Check NICO Resources Probability Of Bankruptcy
NICO Stock Against Markets
Picking the right benchmark for NICO Resources stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in NICO Resources stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for NICO Resources is critical whether you are bullish or bearish towards NICO Resources at a given time. Please also check how NICO Resources' historical prices are related to one of the top price index indicators.
NICO Resources Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NICO Resources stock to make a market-neutral strategy. Peer analysis of NICO Resources could also be used in its relative valuation, which is a method of valuing NICO Resources by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
How to buy NICO Stock?
Before investing in NICO Resources, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in NICO Resources. To buy NICO Resources stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of NICO Resources. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase NICO Resources stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located NICO Resources stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased NICO Resources stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as NICO Resources, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in NICO Resources?
The danger of trading NICO Resources is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NICO Resources is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NICO Resources. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NICO Resources is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for NICO Stock analysis
When running NICO Resources' price analysis, check to measure NICO Resources' 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 NICO Resources is operating at the current time. Most of NICO Resources' value examination focuses on studying past and present price action to predict the probability of NICO Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NICO Resources' price. Additionally, you may evaluate how the addition of NICO Resources to your portfolios can decrease your overall portfolio volatility.
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