Novonix Market Capitalization from 2010 to 2024

NVX Stock  USD 2.69  0.76  39.38%   
Novonix Market Cap yearly trend continues to be fairly stable with very little volatility. Market Cap will likely drop to about 350.7 M in 2024.
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 3 M or Selling General Administrative of 47.1 M, as well as many indicators such as Price To Sales Ratio of 28.8, Dividend Yield of 0.0167 or PTB Ratio of 2.05. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Market Capitalization Growth Pattern

Below is the plot of the Market Cap of Novonix Ltd ADR over the last few years. It is Novonix's Market Cap historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novonix's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 332.05 M10 Years Trend
Slightly volatile
   Market Cap   
       Timeline  

Novonix Market Capitalization Regression Statistics

Arithmetic Mean340,550,886
Geometric Mean229,382,929
Coefficient Of Variation97.88
Mean Deviation250,000,500
Median203,897,407
Standard Deviation333,335,029
Sample Variance111112.2T
Range965.3M
R-Value0.65
Mean Square Error68517.8T
R-Squared0.43
Significance0.01
Slope48,728,092
Total Sum of Squares1555571.4T

Novonix Market Capitalization History

2024350.7 M
2023358.3 M
2022715.3 M
20211.1 B
2020B
2019404.1 M
2018150.4 M

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Market Capitalization, 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 Novonix. Please read more on our technical analysis and fundamental analysis pages.
Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. Novonix Limited was incorporated in 2012 and is based in Brisbane, Australia. Novonix is traded on NASDAQ Exchange in the United States.

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Additional Tools for Novonix Stock Analysis

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