NOV (UK) Chance of Future Stock Price Finishing Over 23.29
| 0K58 Stock | 16.00 0.43 2.76% |
NOV |
NOV Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NOV for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NOV Inc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NOV Inc had very high historical volatility over the last 90 days | |
| NOV Inc has high likelihood to experience some financial distress in the next 2 years | |
| NOV generates negative cash flow from operations | |
| Over 100.0% of the company shares are owned by institutions such as pension funds |
NOV Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of NOV Stock often depends not only on the future outlook of the current and potential NOV's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. NOV's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 394 M | |
| Cash And Short Term Investments | 1.1 B |
NOV Technical Analysis
NOV's future price can be derived by breaking down and analyzing its technical indicators over time. NOV Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of NOV Inc. In general, you should focus on analyzing NOV Stock price patterns and their correlations with different microeconomic environments and drivers.
NOV Predictive Forecast Models
NOV's time-series forecasting models is one of many NOV's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary NOV's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about NOV Inc
Checking the ongoing alerts about NOV for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for NOV Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| NOV Inc had very high historical volatility over the last 90 days | |
| NOV Inc has high likelihood to experience some financial distress in the next 2 years | |
| NOV generates negative cash flow from operations | |
| Over 100.0% of the company shares are owned by institutions such as pension funds |
Additional Tools for NOV Stock Analysis
When running NOV's price analysis, check to measure NOV'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 NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.