Novus Acquisition And Stock Market Outlook
| NDEV Stock | USD 0.01 0 18.00% |
Slightly above 64% of Novus Acquisition's investor base is looking to short. The analysis of overall sentiment of trading Novus Acquisition and pink sheet suggests that many investors are alarmed at this time. Novus Acquisition's investing sentiment can be driven by a variety of factors including economic data, Novus Acquisition's earnings reports, geopolitical events, and overall market trends.
Comfort Level 36
Alarmed
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Novus Acquisition's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Novus Acquisition and.
News SentimentNeutral | Hype SentimentBearish | Insider SentimentWaiting |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Novus Acquisition and is 'Strong Sell'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell Novus Acquisition and given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for Novus Acquisition and, the advice is generated through an automated system that utilizes algorithms and statistical models.
Execute Novus Acquisition Buy or Sell Advice
The Novus recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Novus Acquisition and. Macroaxis does not own or have any residual interests in Novus Acquisition and or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Novus Acquisition's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weakest | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves totally opposite to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Novus Acquisition Trading Alerts and Improvement Suggestions
| Novus Acquisition generated a negative expected return over the last 90 days | |
| Novus Acquisition has high historical volatility and very poor performance | |
| Novus Acquisition has some characteristics of a very speculative penny stock |
Novus Acquisition Returns Distribution Density
The distribution of Novus Acquisition's historical returns is an attempt to chart the uncertainty of Novus Acquisition's future price movements. The chart of the probability distribution of Novus Acquisition daily returns describes the distribution of returns around its average expected value. We use Novus Acquisition and price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Novus Acquisition returns is essential to provide solid investment advice for Novus Acquisition.
| Mean Return | 0.90 | Value At Risk | -19.67 | Potential Upside | 25.38 | Standard Deviation | 16.53 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Novus Acquisition historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Novus Acquisition Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Novus Acquisition or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Novus Acquisition's price will be affected by overall pink sheet market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Novus pink sheet's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.96 | |
β | Beta against Dow Jones | -1.23 | |
σ | Overall volatility | 14.53 | |
Ir | Information ratio | 0.05 |
Novus Acquisition Volatility Alert
Novus Acquisition and is showing large volatility of returns over the selected time horizon. Novus Acquisition and is a penny stock. Although Novus Acquisition may be in fact a good investment, many penny pink sheets are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Novus Acquisition and. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Novus instrument if you perfectly time your entry and exit. However, remember that penny pink sheets that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Novus Acquisition Fundamentals Vs Peers
Comparing Novus Acquisition's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Novus Acquisition's direct or indirect competition across all of the common fundamentals between Novus Acquisition and the related equities. This way, we can detect undervalued stocks with similar characteristics as Novus Acquisition or determine the pink sheets which would be an excellent addition to an existing portfolio. Peer analysis of Novus Acquisition's fundamental indicators could also be used in its relative valuation, which is a method of valuing Novus Acquisition by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Novus Acquisition to competition |
| Fundamentals | Novus Acquisition | Peer Average |
| Return On Equity | 0.0642 | -0.31 |
| Return On Asset | 0.0456 | -0.14 |
| Profit Margin | 0.36 % | (1.27) % |
| Operating Margin | 0.36 % | (5.51) % |
| Current Valuation | 5.55 M | 16.62 B |
| Shares Outstanding | 97.85 M | 571.82 M |
| Price To Earning | 2.83 X | 28.72 X |
| Price To Sales | 14.69 X | 11.42 X |
| Revenue | 266.43 K | 9.43 B |
| Gross Profit | 201.72 K | 27.38 B |
| Net Income | 95.51 K | 570.98 M |
| Cash And Equivalents | 106.27 K | 2.7 B |
| Total Debt | 99.05 K | 5.32 B |
| Debt To Equity | 0.07 % | 48.70 % |
| Current Ratio | 1.15 X | 2.16 X |
| Book Value Per Share | 0.01 X | 1.93 K |
| Cash Flow From Operations | 95.51 K | 971.22 M |
| Earnings Per Share | 0 X | 3.12 X |
| Number Of Employees | 3 | 18.84 K |
| Beta | -0.0017 | -0.15 |
| Market Capitalization | 3.23 M | 19.03 B |
| Total Asset | 791 K | 29.47 B |
| Retained Earnings | (6 M) | 9.33 B |
| Working Capital | 35 K | 1.48 B |
| Current Asset | 150 K | 9.34 B |
| Current Liabilities | 115 K | 7.9 B |
| Z Score | 9.4 | 8.72 |
Novus Acquisition Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Novus . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Novus Acquisition Buy or Sell Advice
When is the right time to buy or sell Novus Acquisition and? Buying financial instruments such as Novus Pink Sheet isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Novus Acquisition in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Growth Funds Thematic Idea Now
Large Growth Funds
Funds or Etfs that invest in stocks of large-sized companies with above-average risk and growth rate. The Large Growth Funds theme has 41 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Growth Funds Theme or any other thematic opportunities.
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Additional Tools for Novus Pink Sheet Analysis
When running Novus Acquisition's price analysis, check to measure Novus Acquisition'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 Novus Acquisition is operating at the current time. Most of Novus Acquisition's value examination focuses on studying past and present price action to predict the probability of Novus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novus Acquisition's price. Additionally, you may evaluate how the addition of Novus Acquisition to your portfolios can decrease your overall portfolio volatility.