Nova Vision Acquisition Price on June 5, 2024
| NOVVRDelisted Stock | USD 0.23 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 0.23, as last reported on the 30th of November, with the highest price reaching 0.23 and the lowest price hitting 0.23 during the day. Nova Vision appears to be out of control, given 3 months investment horizon. Nova Vision Acquisition has Sharpe Ratio of 0.0483, which conveys that the firm had a 0.0483% return per unit of risk over the last 3 months. By analyzing Nova Vision's technical indicators, you can evaluate if the expected return of 0.76% is justified by implied risk. Please exercise Nova Vision's Downside Deviation of 18.4, mean deviation of 10.89, and Risk Adjusted Performance of 0.0918 to check out if our risk estimates are consistent with your expectations.
Nova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nova |
Sharpe Ratio = 0.0483
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Estimated Market Risk
| 15.72 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.76 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Nova Vision is performing at about 3% 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.
Nova Vision Valuation on June 5, 2024
It is possible to determine the worth of Nova Vision on a given historical date. On June 5, 2024 Nova was worth 0.16 at the beginning of the trading date compared to the closed value of 0.11. 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 | |
| 0.18 | 0.18 | 0.16 | 0.18 | 1.00 | |
06/05/2024 | 0.16 | 0.16 | 0.11 | 0.11 | 52,038 |
| 0.15 | 0.15 | 0.11 | 0.15 | 56,509 |
| Backtest Nova Vision | | | Nova Vision History | | | Nova Vision Valuation | Previous | Next |
Nova Vision Trading Date Momentum on June 5, 2024
| On June 06 2024 Nova Vision Acquisition was traded for 0.15 at the closing time. The highest daily price throughout the period was 0.15 and the lowest price was 0.11 . The daily volume was 56.5 K. The net trading volume on 06/06/2024 added to the next day price gain. The trading delta at closing time to closing price of the next trading day was 36.36% . The trading delta at closing time to current closing price is 81.82% . |
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
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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Nova Vision Period Price Range
Low | November 30, 2024
| 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 30, 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.
| Risk Adjusted Performance | 0.0918 | |||
| Jensen Alpha | 2.19 | |||
| Total Risk Alpha | (0.99) | |||
| Sortino Ratio | 0.0894 | |||
| Treynor Ratio | (0.54) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Nova Stock
If you are still planning to invest in Nova Vision Acquisition check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nova Vision's history and understand the potential risks before investing.
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