Nova Financials
| NVMI Stock | ILA 66,000 60.00 0.09% |
Nova |
Understanding current and past Nova Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nova's financial statements are interrelated, with each one affecting the others. For example, an increase in Nova's assets may result in an increase in income on the income statement.
Please note, the presentation of Nova's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nova's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nova's management manipulating its earnings.
Nova Stock Summary
Nova competes with Tower Semiconductor, Nice, Elbit Systems, Camtek, and Sapiens International. Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Nova Measuring Instruments Ltd. was founded in 1993 and is headquartered in Rehovot, Israel. NOVA MEASURING operates under Semiconductor Equipment Materials classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 713 people.| Foreign Associate | USA |
| Instrument | Israel Stock View All |
| Exchange | Tel Aviv Stock Exchange |
| ISIN | IL0010845571 |
| Business Address | 5 David Fikes |
| Sector | Technology |
| Industry | Semiconductor Equipment & Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.novami.com |
| Phone | (972) 73 229 5760 |
| Currency | ILA |
You should never invest in Nova without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nova Stock, because this is throwing your money away. Analyzing the key information contained in Nova's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nova Key Financial Ratios
Nova's financial ratios allow both analysts and investors to convert raw data from Nova's financial statements into concise, actionable information that can be used to evaluate the performance of Nova over time and compare it to other companies across industries.Nova Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nova's current stock value. Our valuation model uses many indicators to compare Nova value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nova competition to find correlations between indicators driving Nova's intrinsic value. More Info.Nova is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.42 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Nova is roughly 2.39 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Nova by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Nova's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Nova Systematic Risk
Nova's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nova volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Nova correlated with the market. If Beta is less than 0 Nova generally moves in the opposite direction as compared to the market. If Nova Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nova is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nova is generally in the same direction as the market. If Beta > 1 Nova moves generally in the same direction as, but more than the movement of the benchmark.
Nova November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nova help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nova. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nova based on widely used predictive technical indicators. In general, we focus on analyzing Nova Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nova's daily price indicators and compare them against related drivers.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 21.92 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 6.35 |
Complementary Tools for Nova Stock analysis
When running Nova's price analysis, check to measure Nova'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 Nova is operating at the current time. Most of Nova's value examination focuses on studying past and present price action to predict the probability of Nova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova's price. Additionally, you may evaluate how the addition of Nova to your portfolios can decrease your overall portfolio volatility.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |