Nova Organic (Thailand) Price on November 25, 2024
NV Stock | 0.92 0.02 2.13% |
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 Organic stands at 0.92, as last reported on the 27th of November, with the highest price reaching 0.93 and the lowest price hitting 0.91 during the day. Nova Organic PCL has Sharpe Ratio of -0.0428, which conveys that the firm had a -0.0428% return per unit of risk over the last 3 months. Nova Organic exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nova Organic's Downside Deviation of 2.74, risk adjusted performance of 0.0259, and Mean Deviation of 2.46 to check out the risk estimate we provide.
Nova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Nova |
Sharpe Ratio = -0.0428
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Estimated Market Risk
3.32 actual daily | 29 71% of assets are more volatile |
Expected Return
-0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nova Organic is not performing at its full potential. However, 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 Organic by adding Nova Organic to a well-diversified portfolio.
Nova Organic Valuation on November 25, 2024
It is possible to determine the worth of Nova Organic on a given historical date. On November 25, 2024 Nova was worth 0.94 at the beginning of the trading date compared to the closed value of 0.94. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nova Organic stock. Still, in general, we apply an absolute valuation method to find Nova Organic'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 Organic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nova Organic's related companies.
Open | High | Low | Close | Volume | |
0.94 | 0.96 | 0.92 | 0.95 | 144,900 | |
11/25/2024 | 0.94 | 0.95 | 0.92 | 0.94 | 82,800 |
0.92 | 0.93 | 0.91 | 0.92 | 12,500 |
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Nova Organic Trading Date Momentum on November 25, 2024
On November 26 2024 Nova Organic PCL was traded for 0.92 at the closing time. The highest daily price throughout the period was 0.93 and the lowest price was 0.91 . The daily volume was 12.5 K. The net trading volume on 11/26/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.13% . The trading delta at closing time to current closing price is 2.13% . |
Nova Organic PCL Fundamentals Correlations and Trends
By evaluating Nova Organic'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 Organic'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 Organic Stock history
Nova Organic 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 Organic PCL 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 Organic stock prices may prove useful in developing a viable investing in Nova Organic
Nova Organic Stock Technical Analysis
Nova Organic 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 Organic Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Nova Organic PCL cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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 Organic November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Nova Organic 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 Organic shares will generate the highest return on investment. By undertsting and applying Nova Organic stock market strength indicators, traders can identify Nova Organic PCL entry and exit signals to maximize returns
Nova Organic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nova Organic'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 | 0.0259 | |||
Jensen Alpha | 0.0788 | |||
Total Risk Alpha | (0.57) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 1.24 |
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Other Information on Investing in Nova Stock
Nova Organic 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 Organic security.