Nova Vision Acquisition Stock Alpha and Beta Analysis
| NOVVU Stock | USD 41.00 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nova Vision Acquisition. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nova Vision over a specified time horizon. Remember, high Nova Vision's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Nova Vision's market risk premium analysis include:
Beta 2.6 | Alpha 2.98 | Risk 26.23 | Sharpe Ratio 0.13 | Expected Return 3.36 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Nova Vision Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nova Vision market risk premium is the additional return an investor will receive from holding Nova Vision long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nova Vision. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Nova Vision's performance over market.| α | 2.98 | β | 2.60 |
Nova Vision expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nova Vision's Buy-and-hold return. Our buy-and-hold chart shows how Nova Vision performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nova Vision Market Price Analysis
Market price analysis indicators help investors to evaluate how Nova Vision stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nova Vision shares will generate the highest return on investment. By understating and applying Nova Vision stock market price indicators, traders can identify Nova Vision position entry and exit signals to maximize returns.
Nova Vision Return and Market Media
The median price of Nova Vision for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 41.0 with a coefficient of variation of 37.77. The daily time series for the period is distributed with a sample standard deviation of 12.59, arithmetic mean of 33.35, and mean deviation of 11.13. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Real Messenger and Nova Vision complete business combination - Investing.com India | 11/19/2024 |
About Nova Vision Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Nova or other stocks. Alpha measures the amount that position in Nova Vision Acquisition has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2010 | 2023 | 2024 (projected) | EV To Sales | 114.69 | 46.35 | 88.57 | PB Ratio | 0.3 | 2.67 | 1.9 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nova Vision in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nova Vision's short interest history, or implied volatility extrapolated from Nova Vision options trading.
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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.