Nouveau Monde Graphite Stock Buy Hold or Sell Recommendation
| NOU Stock | CAD 1.73 0.02 1.14% |
Assuming the 90 days horizon and your bold attitude towards risk, our recommendation regarding Nouveau Monde Graphite is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nouveau Monde Graphite given historical horizon and risk tolerance towards Nouveau Monde. When Macroaxis issues a 'buy' or 'sell' recommendation for Nouveau Monde Graphite, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nouveau Monde Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Nouveau and provide practical buy, sell, or hold advice based on investors' constraints. Nouveau Monde Graphite. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Nouveau |
Execute Nouveau Monde Buy or Sell Advice
The Nouveau recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nouveau Monde Graphite. Macroaxis does not own or have any residual interests in Nouveau Monde Graphite or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nouveau Monde's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very High | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Nouveau Monde Trading Alerts and Improvement Suggestions
| Nouveau Monde generated a negative expected return over the last 90 days | |
| Nouveau Monde may become a speculative penny stock | |
| Nouveau Monde has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (55.98 M) with loss before overhead, payroll, taxes, and interest of (19.09 M). | |
| Nouveau Monde Graphite has accumulated about 86.46 M in cash with (39.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.84, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 46.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: What is Roth Capitals Estimate for CVENOU FY2024 Earnings - MarketBeat |
Nouveau Monde Returns Distribution Density
The distribution of Nouveau Monde's historical returns is an attempt to chart the uncertainty of Nouveau Monde's future price movements. The chart of the probability distribution of Nouveau Monde daily returns describes the distribution of returns around its average expected value. We use Nouveau Monde Graphite price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nouveau Monde returns is essential to provide solid investment advice for Nouveau Monde.
| Mean Return | -0.38 | Value At Risk | -4.04 | Potential Upside | 3.60 | Standard Deviation | 2.67 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nouveau Monde 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.
Nouveau Monde Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 283.0K | 443K | 57.8M | (2.4M) | (23.6M) | (22.4M) | |
| Free Cash Flow | (20.6M) | (18.2M) | (71.3M) | (71.6M) | (53.9M) | (51.2M) | |
| Depreciation | 724.0K | 1.2M | 1.1M | 4.6M | 8.1M | 8.6M | |
| Capital Expenditures | 15.4M | 123K | 37.0M | 26.7M | 14.4M | 10.4M | |
| Net Income | (6.8M) | (18.0M) | (39.9M) | (47.7M) | (56.0M) | (53.2M) | |
| End Period Cash Flow | 4.1M | 4.5M | 62.4M | 59.9M | 36.3M | 38.1M | |
| Other Non Cash Items | 134.1K | (3.2M) | 2.1M | (7.4M) | 11.2M | 11.7M | |
| Change To Netincome | 3.7M | 323K | (1.2M) | 1.3M | 1.5M | 891.3K | |
| Net Borrowings | 711K | 15.9M | (1.2M) | 66.4M | 76.4M | 80.2M |
Nouveau Monde 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 Nouveau Monde or Metals & Mining 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 Nouveau Monde's price will be affected by overall stock 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 Nouveau stock'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 | -0.4 | |
β | Beta against Dow Jones | 0.04 | |
σ | Overall volatility | 2.70 | |
Ir | Information ratio | -0.19 |
Nouveau Monde Volatility Alert
Nouveau Monde Graphite exhibits very low volatility with skewness of 1.16 and kurtosis of 2.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nouveau Monde's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nouveau Monde's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nouveau Monde Fundamentals Vs Peers
Comparing Nouveau Monde'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 Nouveau Monde's direct or indirect competition across all of the common fundamentals between Nouveau Monde and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nouveau Monde or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nouveau Monde's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nouveau Monde by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nouveau Monde to competition |
| Fundamentals | Nouveau Monde | Peer Average |
| Return On Equity | -0.77 | -0.31 |
| Return On Asset | -0.32 | -0.14 |
| Current Valuation | 155.97 M | 16.62 B |
| Shares Outstanding | 112.58 M | 571.82 M |
| Shares Owned By Insiders | 45.79 % | 10.09 % |
| Shares Owned By Institutions | 14.42 % | 39.21 % |
| Number Of Shares Shorted | 66.15 K | 4.71 M |
| Price To Earning | (9.38) X | 28.72 X |
| Price To Book | 1.78 X | 9.51 X |
| Gross Profit | (19.09 M) | 27.38 B |
| EBITDA | (48.06 M) | 3.9 B |
| Net Income | (55.98 M) | 570.98 M |
| Cash And Equivalents | 86.46 M | 2.7 B |
| Cash Per Share | 1.84 X | 5.01 X |
| Total Debt | 57.47 M | 5.32 B |
| Debt To Equity | 0.22 % | 48.70 % |
| Current Ratio | 7.02 X | 2.16 X |
| Book Value Per Share | 0.89 X | 1.93 K |
| Cash Flow From Operations | (39.52 M) | 971.22 M |
| Short Ratio | 2.01 X | 4.00 X |
| Earnings Per Share | (0.79) X | 3.12 X |
| Target Price | 7.2 | |
| Number Of Employees | 122 | 18.84 K |
| Beta | 1.8 | -0.15 |
| Market Capitalization | 194.76 M | 19.03 B |
| Total Asset | 123.94 M | 29.47 B |
| Retained Earnings | (220.59 M) | 9.33 B |
| Working Capital | 30.94 M | 1.48 B |
| Net Asset | 123.94 M |
Nouveau Monde Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nouveau . 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 Nouveau Monde Buy or Sell Advice
When is the right time to buy or sell Nouveau Monde Graphite? Buying financial instruments such as Nouveau Stock 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 Nouveau Monde 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 Consumption Thematic Idea Now
Consumption
Companies that deliver final goods such as cars or clothing for consumption by consumers. The Consumption theme has 19 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 Consumption Theme or any other thematic opportunities.
| View All Next | Launch |
Additional Tools for Nouveau Stock Analysis
When running Nouveau Monde's price analysis, check to measure Nouveau Monde'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 Nouveau Monde is operating at the current time. Most of Nouveau Monde's value examination focuses on studying past and present price action to predict the probability of Nouveau Monde's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nouveau Monde's price. Additionally, you may evaluate how the addition of Nouveau Monde to your portfolios can decrease your overall portfolio volatility.