Nova Wellness (Malaysia) Price on November 27, 2024
| 0201 Stock | 0.45 0.01 2.27% |
If you're considering investing in Nova Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nova Wellness stands at 0.45, as last reported on the 1st of December, with the highest price reaching 0.45 and the lowest price hitting 0.45 during the day. As of now, Nova Stock is extremely dangerous. Nova Wellness Group has Sharpe Ratio of 0.0274, which conveys that the firm had a 0.0274% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Nova Wellness, which you can use to evaluate the volatility of the firm. Please verify Nova Wellness' Mean Deviation of 1.65, risk adjusted performance of (0.05), and Standard Deviation of 2.38 to check out if the risk estimate we provide is consistent with the expected return of 0.0566%.
Nova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nova |
Sharpe Ratio = 0.0274
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| Cash | Small Risk | 0201 | High Risk | Huge Risk |
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Estimated Market Risk
| 2.06 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Nova Wellness is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Nova Wellness by adding it to a well-diversified portfolio.
Nova Wellness Valuation on November 27, 2024
It is possible to determine the worth of Nova Wellness on a given historical date. On November 27, 2024 Nova was worth 0.44 at the beginning of the trading date compared to the closed value of 0.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nova Wellness stock. Still, in general, we apply an absolute valuation method to find Nova Wellness' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Nova Wellness where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nova Wellness' related companies.
| Open | High | Low | Close | Volume | |
| 0.44 | 0.45 | 0.44 | 0.44 | 136,100 | |
11/27/2024 | 0.44 | 0.44 | 0.44 | 0.44 | 25,000 |
| 0.45 | 0.45 | 0.45 | 0.45 | 3,400 |
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Nova Wellness Trading Date Momentum on November 27, 2024
| On November 28 2024 Nova Wellness Group was traded for 0.45 at the closing time. The highest price during the trading period was 0.45 and the lowest recorded bid was listed for 0.45 . The volume for the day was 3.4 K. This history from November 28, 2024 contributed to the next trading day price upswing. The daily price change to the next closing price was 2.27% . The trading delta at closing time to the current price is 2.27% . |
Nova Wellness Group Fundamentals Correlations and Trends
By evaluating Nova Wellness' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nova Wellness' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nova financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Nova Wellness Stock history
Nova Wellness investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Nova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nova Wellness Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Nova Wellness stock prices may prove useful in developing a viable investing in Nova Wellness
Nova Wellness Stock Technical Analysis
Nova Wellness technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Nova Wellness Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Nova Wellness Group cannot be verified against its exchange. Please verify the symbol is currently traded on Kuala Lumpur Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Nova Wellness December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Nova Wellness 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 Wellness shares will generate the highest return on investment. By undertsting and applying Nova Wellness stock market strength indicators, traders can identify Nova Wellness Group entry and exit signals to maximize returns
Nova Wellness Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nova Wellness' price direction in advance. Along with the technical and fundamental analysis of Nova Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nova to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.7736 |
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Other Information on Investing in Nova Stock
Nova Wellness financial ratios help investors to determine whether Nova 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 Nova with respect to the benefits of owning Nova Wellness security.