NioCorp Developments Ltd. Warrant (NIOBW)

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The chart shows the growth of an initial investment of $10,000 in NioCorp Developments Ltd. Warrant, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

NioCorp Developments Ltd. Warrant (NIOBW) has returned -8.06% so far this year and 968.75% over the past 12 months.

Based on dividend-adjusted daily data since Mar 21, 2023, NIOBW's average daily return is +0.82%, while the average monthly return is +8.74%. At this rate, your investment would double in approximately 0.7 years.

Historically, 46% of months were positive and 54% were negative. The best month was Apr 2025 with a return of +195.9%, while the worst month was Jul 2024 at -60.3%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, NIOBW closed higher 43% of trading days. The best single day was Feb 10, 2025 with a return of +99.2%, while the worst single day was Nov 19, 2024 at -53.7%.

NioCorp Developments Ltd. Warrant has an annualized alpha of 749.09%, beta of -0.46, and R² of 0.00 versus S&P 500 Index. Calculated based on daily prices since March 22, 2023.

• This stock captured 7.57% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -460.17%) — a profile typical of hedging or uncorrelated assets.
• Beta of -0.46 may look defensive, but with R² of 0.00 this stock is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R² of 0.00 means this stock moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

NIOBW ranks 96 for risk / return — in the top 96% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for NioCorp Developments Ltd. Warrant (NIOBW) and compare them to a chosen benchmark (S&P 500 Index).

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the NioCorp Developments Ltd. Warrant. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the NioCorp Developments Ltd. Warrant was 90.00%, occurring on Aug 6, 2024. Recovery took 248 trading sessions.

The current NioCorp Developments Ltd. Warrant drawdown is 67.12%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of NioCorp Developments Ltd. Warrant over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how NioCorp Developments Ltd. Warrant is priced in the market compared to other companies in the Other Industrial Metals & Mining industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.