Nova Stock Price on December 31, 2022
| NVMI Stock | USD 176.10 3.66 2.04% |
Below is the normalized historical share price chart for Nova extending back to April 11, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Nova stands at 176.10, as last reported on the 25th of November, with the highest price reaching 182.98 and the lowest price hitting 175.31 during the day.
If you're considering investing in Nova Stock, it is important to understand the factors that can impact its price. Nova has Sharpe Ratio of -0.0806, which conveys that the firm had a -0.0806% return per unit of risk over the last 3 months. Nova exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nova's Risk Adjusted Performance of (0.05), standard deviation of 3.53, and Mean Deviation of 2.48 to check out the risk estimate we provide.
As of now, Nova's Stock Based Compensation is increasing as compared to previous years. The Nova's current Stock Based Compensation To Revenue is estimated to increase to 0.04, while Common Stock Shares Outstanding is projected to decrease to under 25.2 M. . As of now, Nova's Price To Free Cash Flows Ratio is increasing as compared to previous years. The Nova's current Price Cash Flow Ratio is estimated to increase to 33.67, while Price Book Value Ratio is projected to decrease to 4.05. Nova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 7th of April 2000 | 200 Day MA 197.3751 | 50 Day MA 194.5628 | Beta 1.467 |
Nova |
Sharpe Ratio = -0.0806
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NVMI |
Estimated Market Risk
| 3.55 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nova 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 by adding Nova to a well-diversified portfolio.
Price Book 5.7547 | Enterprise Value Ebitda 23.5143 | Price Sales 8.5337 | Shares Float 29 M | Wall Street Target Price 243.2 |
Nova Valuation on December 31, 2022
It is possible to determine the worth of Nova on a given historical date. On December 31, 2022 Nova was worth 81.04 at the beginning of the trading date compared to the closed value of 81.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nova stock. Still, in general, we apply an absolute valuation method to find Nova'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nova's related companies.
| Open | High | Low | Close | Volume | |
| 79.85 | 82.24 | 79.63 | 81.73 | 204,518 | |
12/30/2022 | 81.04 | 82.23 | 80.95 | 81.68 | 79,264 |
| 82.97 | 83.68 | 82.00 | 82.92 | 87,842 |
| Backtest Nova | | | Nova History | | | Nova Valuation | Previous | Next |
Nova Trading Date Momentum on December 31, 2022
| On January 03 2023 Nova was traded for 82.92 at the closing time. The top price for the day was 83.68 and the lowest listed price was 82.00 . The trading volume for the day was 87.8 K. The trading history from January 3, 2023 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 1.52% . The trading delta at closing time against the current closing price is 7.49% . |
Nova Fundamentals Correlations and Trends
By evaluating Nova'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'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 Stock history
Nova 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 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 stock prices may prove useful in developing a viable investing in Nova
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 32.1 M | 25.2 M | |
| Net Income Applicable To Common Shares | 161.2 M | 169.3 M |
Nova Quarterly Net Working Capital |
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Nova Stock Technical Analysis
Nova 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 Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Nova 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 November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Nova 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 shares will generate the highest return on investment. By undertsting and applying Nova stock market strength indicators, traders can identify Nova entry and exit signals to maximize returns
Nova Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Nova'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 | (0.05) | |||
| Jensen Alpha | (0.50) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.15) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Nova Stock analysis
When running Nova's price analysis, check to measure Nova'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 is operating at the current time. Most of Nova's value examination focuses on studying past and present price action to predict the probability of Nova'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's price. Additionally, you may evaluate how the addition of Nova to your portfolios can decrease your overall portfolio volatility.
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