Nova Vision Acquisition Stock Price on November 18, 2024

NOVV Stock  USD 37.00  0.00  0.00%   
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 Vision stands at 37.00, as last reported on the 24th of November, with the highest price reaching 37.00 and the lowest price hitting 37.00 during the day. Nova Vision is slightly risky given 3 months investment horizon. Nova Vision Acquisition has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for nineteen different technical indicators, which can help you to evaluate if expected returns of 3.12% are justified by taking the suggested risk. Use Nova Vision Acquisition Standard Deviation of 24.65, risk adjusted performance of 0.1047, and Mean Deviation of 6.02 to evaluate company specific risk that cannot be diversified away.
  
At this time, Nova Vision's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 4.5 M in 2024, whereas Other Stockholder Equity is likely to drop 0.00 in 2024. . At this time, Nova Vision's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 283.78 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (1.80). Nova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1257

Best PortfolioBest Equity
Good ReturnsNOVV
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 24.82
  actual daily
96
96% of assets are less volatile

Expected Return

 3.12
  actual daily
62
62% of assets have lower returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Nova Vision is performing at about 9% 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 Vision by adding it to a well-diversified portfolio.
Price Book
4.9172
Book Value
(0.89)
Enterprise Value
76.2 M
Enterprise Value Ebitda
(54.65)
Shares Float
1.8 M

Nova Vision Main Headline on 18th of November 2024

Filed transaction by Nova Vision Acquisition 10 Percent Owner. Discretionary transaction in accordance with Rule 16b-3

Nova Vision Valuation on November 18, 2024

It is possible to determine the worth of Nova Vision on a given historical date. On November 18, 2024 Nova was worth 37.0 at the beginning of the trading date compared to the closed value of 37.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nova Vision stock. Still, in general, we apply an absolute valuation method to find Nova Vision's 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 Vision where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nova Vision's related companies.
 Open High Low Close Volume
  37.00    37.00    37.00    37.00    1.00  
11/18/2024
  37.00    37.00    37.00    37.00    1.00  
  37.00    37.00    37.00    37.00    1.00  
Backtest Nova Vision  |  Nova Vision History  |  Nova Vision Valuation   PreviousNext  
Open Value
37.0
37.0
Closing Value
111.46
Upside

Nova Vision Trading Date Momentum on November 18, 2024

On November 19 2024 Nova Vision Acquisition was traded for  37.00  at the closing time. The top price for the day was 37.00  and the lowest listed price was  37.00 . There was no trading activity during the period 1.0. Lack of trading volume on November 19, 2024 did not cause price change. The trading delta at closing time against the current closing price is 0.00% .

Nova Vision Acquisition Fundamentals Correlations and Trends

By evaluating Nova Vision's 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 Vision's 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 Vision Stock history

Nova Vision 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 Vision Acquisition 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 Vision stock prices may prove useful in developing a viable investing in Nova Vision
Last ReportedProjected for Next Year
Common Stock Shares Outstanding3.5 M4.5 M
Net Loss-87.2 K-91.5 K

Nova Vision Stock Technical Analysis

Nova Vision 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.
A focus of Nova Vision technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nova Vision trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nova Vision Period Price Range

Low
November 24, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Nova Vision Acquisition cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Vision November 24, 2024 Market Strength

Market strength 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 undertsting and applying Nova Vision stock market strength indicators, traders can identify Nova Vision Acquisition entry and exit signals to maximize returns

Nova Vision Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nova Vision's 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.

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.