Novo Integrated Sciences Price on February 29, 2024
NVOSDelisted Stock | USD 0.04 0.01 17.57% |
If you're considering investing in Novo OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Novo Integrated stands at 0.04, as last reported on the 22nd of November, with the highest price reaching 0.06 and the lowest price hitting 0.04 during the day. Novo Integrated Sciences has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Novo Integrated exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Novo Integrated's Risk Adjusted Performance of (0.1), standard deviation of 15.88, and Mean Deviation of 7.53 to check out the risk estimate we provide.
Novo OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Novo |
Sharpe Ratio = -0.1218
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | NVOS |
Estimated Market Risk
16.75 actual daily | 96 96% of assets are less volatile |
Expected Return
-2.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Novo Integrated 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 Novo Integrated by adding Novo Integrated to a well-diversified portfolio.
Novo Integrated Valuation on February 29, 2024
It is possible to determine the worth of Novo Integrated on a given historical date. On February 29, 2024 Novo was worth 0.64 at the beginning of the trading date compared to the closed value of 0.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Novo Integrated otc stock. Still, in general, we apply an absolute valuation method to find Novo Integrated'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 Novo Integrated where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Novo Integrated's related companies.
Open | High | Low | Close | Volume | |
0.69 | 0.72 | 0.64 | 0.64 | 409,838 | |
02/29/2024 | 0.64 | 0.67 | 0.61 | 0.63 | 260,004 |
0.61 | 0.66 | 0.61 | 0.64 | 465,579 |
Backtest Novo Integrated | | | Novo Integrated History | | | Novo Integrated Valuation | Previous | Next |
Novo Integrated Trading Date Momentum on February 29, 2024
On March 01 2024 Novo Integrated Sciences was traded for 0.64 at the closing time. The top price for the day was 0.66 and the lowest listed price was 0.61 . The trading volume for the day was 465.6 K. The trading history from March 1, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 1.59% . The trading delta at closing time against the current closing price is 4.76% . |
Novo Integrated Sciences Fundamentals Correlations and Trends
By evaluating Novo Integrated'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 Novo Integrated's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Novo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Novo Integrated OTC Stock history
Novo Integrated 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 Novo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Novo Integrated Sciences 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 Novo Integrated stock prices may prove useful in developing a viable investing in Novo Integrated
Novo Integrated Sciences, Inc., together with its subsidiaries, provides multidisciplinary primary health care related products and services. Novo Integrated Sciences, Inc. operates as a subsidiary of ALMC-ASAP Holdings, Inc. Novo Integrated operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 73 people.
Novo Integrated OTC Stock Technical Analysis
Novo Integrated technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
Novo Integrated Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Novo Integrated Sciences cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQB 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.
Novo Integrated November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Novo Integrated otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novo Integrated shares will generate the highest return on investment. By undertsting and applying Novo Integrated otc stock market strength indicators, traders can identify Novo Integrated Sciences entry and exit signals to maximize returns
Novo Integrated Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Novo Integrated's price direction in advance. Along with the technical and fundamental analysis of Novo OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Novo 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 | (0.1) | |||
Jensen Alpha | (2.11) | |||
Total Risk Alpha | (4.27) | |||
Treynor Ratio | 2.44 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novo Integrated Sciences. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Novo OTC Stock
If you are still planning to invest in Novo Integrated Sciences 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 Novo Integrated's history and understand the potential risks before investing.
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Content Syndication Quickly integrate customizable finance content to your own investment portal |