Nova Lithium Corp Stock Price on October 3, 2024
NVLIF Stock | 0.26 0.01 3.70% |
If you're considering investing in Nova Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Nova Lithium stands at 0.26, as last reported on the 28th of November, with the highest price reaching 0.28 and the lowest price hitting 0.25 during the day. Nova Lithium Corp has Sharpe Ratio of -0.0187, which conveys that the firm had a -0.0187% return per unit of risk over the last 3 months. Nova Lithium exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nova Lithium's Risk Adjusted Performance of 0.0168, mean deviation of 4.36, and Downside Deviation of 8.43 to check out the risk estimate we provide.
Nova Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Nova |
Sharpe Ratio = -0.0187
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Estimated Market Risk
7.1 actual daily | 63 63% of assets are less volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nova Lithium 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 Lithium by adding Nova Lithium to a well-diversified portfolio.
Nova Lithium Valuation on October 3, 2024
It is possible to determine the worth of Nova Lithium on a given historical date. On October 3, 2024 Nova was worth 0.26 at the beginning of the trading date compared to the closed value of 0.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nova Lithium pink sheet. Still, in general, we apply an absolute valuation method to find Nova Lithium'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 Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nova Lithium's related companies.
Open | High | Low | Close | Volume | |
0.23 | 0.26 | 0.23 | 0.26 | 99,700 | |
10/03/2024 | 0.26 | 0.27 | 0.26 | 0.27 | 30,000 |
0.25 | 0.28 | 0.25 | 0.28 | 193,313 |
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Nova Lithium Trading Date Momentum on October 3, 2024
On October 04 2024 Nova Lithium Corp was traded for 0.28 at the closing time. The highest daily price throughout the period was 0.28 and the lowest price was 0.25 . The daily volume was 193.3 K. The net trading volume on 10/04/2024 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 3.70% . The trading delta at closing time to current closing price is 3.70% . |
About Nova Lithium Pink Sheet history
Nova Lithium 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 Lithium Corp 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 Lithium stock prices may prove useful in developing a viable investing in Nova Lithium
Nova Lithium Pink Sheet Technical Analysis
Nova Lithium technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Nova Lithium Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Nova Lithium Corp cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Lithium November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Nova Lithium pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nova Lithium shares will generate the highest return on investment. By undertsting and applying Nova Lithium pink sheet market strength indicators, traders can identify Nova Lithium Corp entry and exit signals to maximize returns
Nova Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nova Lithium's price direction in advance. Along with the technical and fundamental analysis of Nova Pink Sheet 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 | 0.0168 | |||
Jensen Alpha | 0.052 | |||
Total Risk Alpha | (1.04) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.7205 |
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Volume Indicators |
Complementary Tools for Nova Pink Sheet analysis
When running Nova Lithium's price analysis, check to measure Nova Lithium'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 Lithium is operating at the current time. Most of Nova Lithium's value examination focuses on studying past and present price action to predict the probability of Nova Lithium'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 Lithium's price. Additionally, you may evaluate how the addition of Nova Lithium to your portfolios can decrease your overall portfolio volatility.
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