NOV Stock Forecast - Market Risk Adjusted Performance

NOV Stock  USD 16.61  0.21  1.28%   
NOV Stock Forecast is based on your current time horizon.
  
At this time, NOV's Receivables Turnover is fairly stable compared to the past year. Asset Turnover is likely to climb to 0.89 in 2024, whereas Inventory Turnover is likely to drop 3.23 in 2024. . Net Income Applicable To Common Shares is likely to climb to about 170.8 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 343 M in 2024.
On November 22, 2024 NOV Inc had Market Risk Adjusted Performance of 0.
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NOV Trading Date Momentum

On November 24 2024 NOV Inc was traded for  16.61  at the closing time. Highest NOV's price during the trading hours was 16.75  and the lowest price during the day was  16.39 . There was no trading activity during the period 0.0. Lack of trading volume on the 24th of November did not cause price change. The trading delta at closing time to current price is 1.14% .
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Other Forecasting Options for NOV

For every potential investor in NOV, whether a beginner or expert, NOV's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NOV Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NOV. Basic forecasting techniques help filter out the noise by identifying NOV's price trends.

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 Risk & Return  Correlation

NOV Inc Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NOV's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NOV's current price.

NOV Market Strength Events

Market strength indicators help investors to evaluate how NOV stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NOV shares will generate the highest return on investment. By undertsting and applying NOV stock market strength indicators, traders can identify NOV Inc entry and exit signals to maximize returns.

NOV Risk Indicators

The analysis of NOV's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NOV's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nov stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Thematic Opportunities

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Additional Tools for NOV Stock Analysis

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