Nova Earnings Yield from 2010 to 2024

NVAWW Stock   2.25  0.24  9.64%   
Nova Minerals Earnings Yield yearly trend continues to be fairly stable with very little volatility. Earnings Yield is likely to outpace its year average in 2024. Earnings Yield is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. View All Fundamentals
 
Earnings Yield  
First Reported
2010-12-31
Previous Quarter
0.15408323
Current Value
0.16
Quarterly Volatility
0.29759999
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Minerals' main balance sheet or income statement drivers, such as , as well as many indicators such as Price To Sales Ratio of 3.45, Dividend Yield of 0.0118 or PTB Ratio of 1.63. Nova financial statements analysis is a perfect complement when working with Nova Minerals Valuation or Volatility modules.
  
Check out the analysis of Nova Minerals Correlation against competitors.

Latest Nova Minerals' Earnings Yield Growth Pattern

Below is the plot of the Earnings Yield of Nova Minerals Limited over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Nova Minerals' Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Minerals' overall financial position and show how it may be relating to other accounts over time.
Earnings Yield10 Years Trend
Pretty Stable
   Earnings Yield   
       Timeline  

Nova Earnings Yield Regression Statistics

Arithmetic Mean(0.07)
Geometric Mean0.11
Coefficient Of Variation(411.94)
Mean Deviation0.21
Median(0)
Standard Deviation0.30
Sample Variance0.09
Range1.1558
R-Value0.28
Mean Square Error0.09
R-Squared0.08
Significance0.31
Slope0.02
Total Sum of Squares1.24

Nova Earnings Yield History

2024 0.16
2023 0.15
2022 0.22
2021 0.17
2020 -0.93
2019 -0.0888
2018 0.18

About Nova Minerals Financial Statements

Nova Minerals investors use historical fundamental indicators, such as Nova Minerals' Earnings Yield, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nova Minerals. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Earnings Yield 0.15  0.16 

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Additional Tools for Nova Stock Analysis

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