Novo Integrated Sciences Financials
NVOSDelisted Stock | USD 0.04 0.01 17.57% |
With this module, you can analyze Novo financials for your investing period. You should be able to track the changes in Novo Integrated individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Novo |
Understanding current and past Novo Integrated Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Novo Integrated's financial statements are interrelated, with each one affecting the others. For example, an increase in Novo Integrated's assets may result in an increase in income on the income statement.
The data published in Novo Integrated's official financial statements typically reflect Novo Integrated's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Novo Integrated's quantitative information. For example, before you start analyzing numbers published by Novo accountants, it's essential to understand Novo Integrated's liquidity, profitability, and earnings quality within the context of the Health Care Providers & Services space in which it operates.
Please note, the imprecision that can be found in Novo Integrated's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Novo Integrated Sciences. Check Novo Integrated's Beneish M Score to see the likelihood of Novo Integrated's management manipulating its earnings.
Novo Integrated Stock Summary
Novo Integrated competes with Aveanna Healthcare, P3 Health, IMAC Holdings, Oncology Institute, and Lifestance Health. Novo Integrated Sciences, Inc., together with its subsidiaries, provides multidisciplinary primary health care related products and services. Novo Integrated Sciences, Inc. operates as a subsidiary of ALMC-ASAP Holdings, Inc. Novo Integrated operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 73 people.Specialization | Healthcare, Medical Care Facilities |
Instrument | USA OTC Stock View All |
Exchange | OTCQB Exchange |
ISIN | US67011T2015 |
CUSIP | 67011T201 67011T300 89989X105 89989X204 67011T102 |
Location | Washington; U.S.A |
Business Address | 11120 NE 2nd |
Sector | Health Care Providers & Services |
Industry | Health Care |
Benchmark | Dow Jones Industrial |
Website | www.novointegrated.com |
Phone | 206 617 9797 |
Currency | USD - US Dollar |
Novo Integrated Key Financial Ratios
There are many critical financial ratios that Novo Integrated's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Novo Integrated Sciences reports annually and quarterly.Return On Equity | -1.35 | ||||
Return On Asset | -0.18 | ||||
Number Of Employees | 127 | ||||
Beta | -0.69 |
Novo Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novo Integrated's current stock value. Our valuation model uses many indicators to compare Novo Integrated value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novo Integrated competition to find correlations between indicators driving Novo Integrated's intrinsic value. More Info.Novo Integrated Sciences is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Novo Integrated's earnings, one of the primary drivers of an investment's value.Novo Integrated Sciences Systematic Risk
Novo Integrated's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Novo Integrated 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 twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on Novo Integrated Sciences correlated with the market. If Beta is less than 0 Novo Integrated generally moves in the opposite direction as compared to the market. If Novo Integrated Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Novo Integrated Sciences is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Novo Integrated is generally in the same direction as the market. If Beta > 1 Novo Integrated moves generally in the same direction as, but more than the movement of the benchmark.
Novo Integrated November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Novo Integrated help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Novo Integrated Sciences. We use our internally-developed statistical techniques to arrive at the intrinsic value of Novo Integrated Sciences based on widely used predictive technical indicators. In general, we focus on analyzing Novo OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Novo Integrated's daily price indicators and compare them against related drivers.
Information Ratio | (0.15) | |||
Maximum Drawdown | 90.12 | |||
Value At Risk | (17.57) | |||
Potential Upside | 11.54 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novo Integrated Sciences. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Novo OTC Stock
If you are still planning to invest in Novo Integrated Sciences check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Novo Integrated's history and understand the potential risks before investing.
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