Nova Vision Acquisition Stock Buy Hold or Sell Recommendation

NOVV Stock  USD 37.00  0.00  0.00%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding NOVA VISION ACQUISITION is 'Not Rated'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell NOVA VISION ACQUISITION given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for NOVA VISION ACQUISITION, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
Note, we conduct extensive research on individual companies such as NOVA and provide practical buy, sell, or hold advice based on investors' constraints. NOVA VISION ACQUISITION. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Execute NOVA VISION Buy or Sell Advice

The NOVA recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NOVA VISION ACQUISITION. Macroaxis does not own or have any residual interests in NOVA VISION ACQUISITION or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NOVA VISION's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell NOVA VISIONBuy NOVA VISION
Not Rated
For the selected time horizon NOVA VISION ACQUISITION has a Risk Adjusted Performance of 0.1125, Jensen Alpha of 3.01, Total Risk Alpha of 0.9919 and Treynor Ratio of 172.94
NOVA VISION ACQUISITION trade recommendations module can be used to check and cross-verify current advice provided by analysts reviewing the firm's potential to grow using all of fundamental, technical, data market data available at this particular time. To make sure NOVA VISION ACQUISITION is not overpriced, please verify all NOVA VISION ACQUISITION fundamentals, including its ebitda, current ratio, as well as the relationship between the Current Ratio and market capitalization . Given that NOVA VISION ACQUISITION has a number of shares shorted of 27.94 K, we recommend you to check NOVA VISION market performance and probability of bankruptcy to ensure the company can sustain itself for the next few years given your last-minute risk tolerance and investing horizon.

NOVA VISION Trading Alerts and Improvement Suggestions

NOVA VISION is not yet fully synchronised with the market data
NOVA VISION generated a negative expected return over the last 90 days
NOVA VISION ACQUISITION currently holds about 567.98 K in cash with (569.87 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Roughly 95.0% of the company outstanding shares are owned by corporate insiders

NOVA VISION Returns Distribution Density

The distribution of NOVA VISION's historical returns is an attempt to chart the uncertainty of NOVA VISION's future price movements. The chart of the probability distribution of NOVA VISION daily returns describes the distribution of returns around its average expected value. We use NOVA VISION ACQUISITION price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NOVA VISION returns is essential to provide solid investment advice for NOVA VISION.
Mean Return
3.02
Value At Risk
0.00
Potential Upside
0.90
Standard Deviation
24.63
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NOVA VISION 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.
Note: Discretionary transaction by Barclays Plc of 9000 shares of NOVA VISION at 11.5 subject to Rule 16b-3 [view details]

NOVA VISION Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NOVA . 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 NOVA VISION Buy or Sell Advice

When is the right time to buy or sell NOVA VISION ACQUISITION? Buying financial instruments such as NOVA 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 NOVA VISION 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.

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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 Semiconductor Theme or any other thematic opportunities.
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Additional Tools for NOVA Stock Analysis

When running NOVA VISION's price analysis, check to measure NOVA VISION'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 NOVA VISION is operating at the current time. Most of NOVA VISION's value examination focuses on studying past and present price action to predict the probability of NOVA VISION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOVA VISION's price. Additionally, you may evaluate how the addition of NOVA VISION to your portfolios can decrease your overall portfolio volatility.