Novo Resources Corp Stock Buy Hold or Sell Recommendation
| NSRPF Stock | USD 0.06 0.0005 0.79% |
Assuming the 90 days horizon and your bold attitude towards risk, our recommendation regarding Novo Resources Corp is 'Strong Sell'. Macroaxis provides Novo Resources buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NSRPF positions.
Check out Novo Resources 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 Novo and provide practical buy, sell, or hold advice based on investors' constraints. Novo Resources Corp. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Novo |
Execute Novo Resources Buy or Sell Advice
The Novo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Novo Resources Corp. Macroaxis does not own or have any residual interests in Novo Resources Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Novo Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Novo Resources Trading Alerts and Improvement Suggestions
| Novo Resources Corp generated a negative expected return over the last 90 days | |
| Novo Resources Corp has high historical volatility and very poor performance | |
| Novo Resources Corp has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 112.24 M. Net Loss for the year was (704 K) with profit before overhead, payroll, taxes, and interest of 1.48 M. | |
| Novo Resources Corp has accumulated about 74.88 M in cash with (19.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow. |
Novo Resources Returns Distribution Density
The distribution of Novo Resources' historical returns is an attempt to chart the uncertainty of Novo Resources' future price movements. The chart of the probability distribution of Novo Resources daily returns describes the distribution of returns around its average expected value. We use Novo Resources Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Novo Resources returns is essential to provide solid investment advice for Novo Resources.
| Mean Return | 0.04 | Value At Risk | -8.57 | Potential Upside | 9.01 | Standard Deviation | 5.50 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Novo Resources 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.
Novo Resources 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 Novo Resources 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 Novo Resources' price will be affected by overall otc 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 Novo otc'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 | 0.02 | |
β | Beta against Dow Jones | 0.25 | |
σ | Overall volatility | 5.37 | |
Ir | Information ratio | -0.0023 |
Novo Resources Volatility Alert
Novo Resources Corp exhibits above-average semi-deviation for your current time horizon. Novo Resources Corp is a penny stock. Although Novo Resources may be in fact a good investment, many penny otc stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Novo Resources Corp. 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 Novo instrument if you perfectly time your entry and exit. However, remember that penny otcs 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.Novo Resources Fundamentals Vs Peers
Comparing Novo Resources' 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 Novo Resources' direct or indirect competition across all of the common fundamentals between Novo Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Novo Resources or determine the otc stocks which would be an excellent addition to an existing portfolio. Peer analysis of Novo Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Novo Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Novo Resources to competition |
| Fundamentals | Novo Resources | Peer Average |
| Return On Equity | -0.49 | -0.31 |
| Return On Asset | -0.11 | -0.14 |
| Profit Margin | (1.28) % | (1.27) % |
| Operating Margin | (0.61) % | (5.51) % |
| Current Valuation | 14.68 M | 16.62 B |
| Shares Outstanding | 262.15 M | 571.82 M |
| Shares Owned By Insiders | 1.23 % | 10.09 % |
| Shares Owned By Institutions | 0.31 % | 39.21 % |
| Price To Earning | 1.95 X | 28.72 X |
| Price To Book | 0.39 X | 9.51 X |
| Price To Sales | 0.46 X | 11.42 X |
| Revenue | 112.24 M | 9.43 B |
| Gross Profit | 1.48 M | 27.38 B |
| EBITDA | 43.34 M | 3.9 B |
| Net Income | (704 K) | 570.98 M |
| Cash And Equivalents | 74.88 M | 2.7 B |
| Cash Per Share | 0.30 X | 5.01 X |
| Total Debt | 37.38 M | 5.32 B |
| Debt To Equity | 0.26 % | 48.70 % |
| Current Ratio | 1.73 X | 2.16 X |
| Book Value Per Share | 0.78 X | 1.93 K |
| Cash Flow From Operations | (19.66 M) | 971.22 M |
| Earnings Per Share | (0.05) X | 3.12 X |
| Target Price | 0.5 | |
| Number Of Employees | 111 | 18.84 K |
| Beta | 1.4 | -0.15 |
| Market Capitalization | 62.29 M | 19.03 B |
| Total Asset | 462.68 M | 29.47 B |
| Retained Earnings | (9.59 M) | 9.33 B |
| Working Capital | 1.46 M | 1.48 B |
| Current Asset | 3.97 M | 9.34 B |
| Current Liabilities | 2.51 M | 7.9 B |
| Z Score | 0.6 | 8.72 |
Novo Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Novo . 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 0.0625 | |||
| Day Typical Price | 0.0625 | |||
| Price Action Indicator | (0.0003) | |||
| Period Momentum Indicator | (0.0005) | |||
| Relative Strength Index | 50.57 |
About Novo Resources Buy or Sell Advice
When is the right time to buy or sell Novo Resources Corp? Buying financial instruments such as Novo OTC 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.
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Computers
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Computers theme has 61 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 Computers Theme or any other thematic opportunities.
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Other Information on Investing in Novo OTC Stock
Novo Resources financial ratios help investors to determine whether Novo OTC Stock 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 Novo with respect to the benefits of owning Novo Resources security.