Nova Minerals Financials
| QM3 Stock | EUR 0.18 0.02 12.50% |
Nova |
Nova Minerals Stock Summary
Nova Minerals competes with LINMON MEDIA, Perseus Mining, Nexstar Media, AFRICAN MEDIA, and ARDAGH METAL. Nova Minerals Limited engages in the mineral exploration activities in the United States, Australia, and Canada. Nova Minerals Limited was incorporated in 1987 and is based in Melbourne, Australia. NOVA MINERALS operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | AU000000NVA2 |
| Business Address | 566 St Kilda |
| Sector | Basic Materials |
| Industry | Other Industrial Metals & Mining |
| Benchmark | Dow Jones Industrial |
| Website | novaminerals.com.au |
| Phone | 61 3 9537 1238 |
| Currency | EUR - Euro |
You should never invest in Nova Minerals 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 Minerals' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nova Minerals Key Financial Ratios
There are many critical financial ratios that Nova Minerals' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nova Minerals Limited reports annually and quarterly.Nova Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nova Minerals's current stock value. Our valuation model uses many indicators to compare Nova Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nova Minerals competition to find correlations between indicators driving Nova Minerals's intrinsic value. More Info.Nova Minerals Limited is currently regarded as top stock in return on equity category among its peers. It is rated second 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 Nova Minerals' earnings, one of the primary drivers of an investment's value.Nova Minerals Limited Systematic Risk
Nova Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nova Minerals 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 with a total number of output elements of thirty-one. The Beta measures systematic risk based on how returns on Nova Minerals Limited correlated with the market. If Beta is less than 0 Nova Minerals generally moves in the opposite direction as compared to the market. If Nova Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nova Minerals Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nova Minerals is generally in the same direction as the market. If Beta > 1 Nova Minerals moves generally in the same direction as, but more than the movement of the benchmark.
Nova Minerals March 11, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nova Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nova Minerals Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nova Minerals Limited 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 Minerals's daily price indicators and compare them against related drivers.
| Downside Deviation | 7.8 | |||
| Information Ratio | 0.1016 | |||
| Maximum Drawdown | 36.14 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 11.76 |
Complementary 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.
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