Novonix Stock Odds of Future Pink Sheet Price Finishing Over 0.54
| NVNXF Stock | USD 0.50 0.09 15.25% |
Novonix |
Novonix 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 Novonix for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Novonix can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Novonix is way too risky over 90 days horizon | |
| Novonix has some characteristics of a very speculative penny stock | |
| Novonix appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 8.42 M. Net Loss for the year was (71.44 M) with profit before overhead, payroll, taxes, and interest of 5.41 M. | |
| Novonix has accumulated about 207.08 M in cash with (40.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
Novonix 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 Novonix Pink Sheet often depends not only on the future outlook of the current and potential Novonix'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. Novonix's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 486 M |
Novonix Technical Analysis
Novonix's future price can be derived by breaking down and analyzing its technical indicators over time. Novonix Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Novonix. In general, you should focus on analyzing Novonix Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Novonix Predictive Forecast Models
Novonix's time-series forecasting models is one of many Novonix's pink sheet 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 Novonix'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 pink sheet market movement and maximize returns from investment trading.
Things to note about Novonix
Checking the ongoing alerts about Novonix for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Novonix help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Novonix is way too risky over 90 days horizon | |
| Novonix has some characteristics of a very speculative penny stock | |
| Novonix appears to be risky and price may revert if volatility continues | |
| The company reported the revenue of 8.42 M. Net Loss for the year was (71.44 M) with profit before overhead, payroll, taxes, and interest of 5.41 M. | |
| Novonix has accumulated about 207.08 M in cash with (40.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43. | |
| Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
Other Information on Investing in Novonix Pink Sheet
Novonix financial ratios help investors to determine whether Novonix Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Novonix with respect to the benefits of owning Novonix security.