Novacyt Sa Stock Price on March 23, 2023

NVYTF Stock  USD 0.63  0.02  3.28%   
If you're considering investing in Novacyt Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Novacyt SA stands at 0.63, as last reported on the 30th of December, with the highest price reaching 0.63 and the lowest price hitting 0.63 during the day. Novacyt SA 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. Novacyt SA exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Novacyt SA's Mean Deviation of 1.74, risk adjusted performance of (0.08), and Standard Deviation of 4.59 to check out the risk estimate we provide.
  
Novacyt Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.118

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Estimated Market Risk

 4.7
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.55
  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 Novacyt SA 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 Novacyt SA by adding Novacyt SA to a well-diversified portfolio.

Novacyt SA Valuation on March 23, 2023

It is possible to determine the worth of Novacyt SA on a given historical date. On March 23, 2023 Novacyt was worth 0.71 at the beginning of the trading date compared to the closed value of 0.71. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Novacyt SA pink sheet. Still, in general, we apply an absolute valuation method to find Novacyt SA'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 Novacyt SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Novacyt SA's related companies.
 Open High Low Close Volume
  0.71    0.71    0.71    0.71    1.00  
03/23/2023
  0.71    0.71    0.71    0.71    1.00  
  0.71    0.71    0.71    0.71    1.00  
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Open Value
0.71
0.71
Closing Value
14.81
Upside

Novacyt SA Trading Date Momentum on March 23, 2023

On March 24 2023 Novacyt SA was traded for  0.71  at the closing time. The highest daily price throughout the period was 0.71  and the lowest price was  0.71 . There was no trading activity during the period 1.0. Lack of trading volume on 03/24/2023 did not cause price change. The trading delta at closing time to current closing price is 0.00% .

Novacyt SA Fundamentals Correlations and Trends

By evaluating Novacyt SA'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 Novacyt SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Novacyt financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Novacyt SA Pink Sheet history

Novacyt SA 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 Novacyt is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Novacyt SA 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 Novacyt SA stock prices may prove useful in developing a viable investing in Novacyt SA
Novacyt S.A., together with its subsidiaries, engages in the development, manufacture, contract design, and commercialization of diagnostic products for cancer and infectious diseases in the United Kingdom, rest of Europe, the United States, the Asia Pacific, the Middle East, and Africa. The company was incorporated in 2006 and is based in Vlizy-Villacoublay, France. Novacyt operates under Medical Devices classification in the United States and is traded on OTC Exchange. It employs 210 people.

Novacyt SA Pink Sheet Technical Analysis

Novacyt SA 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.
A focus of Novacyt SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Novacyt SA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Novacyt SA Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Novacyt SA 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.

Novacyt SA December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Novacyt SA 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 Novacyt SA shares will generate the highest return on investment. By undertsting and applying Novacyt SA pink sheet market strength indicators, traders can identify Novacyt SA entry and exit signals to maximize returns

Novacyt SA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Novacyt SA's price direction in advance. Along with the technical and fundamental analysis of Novacyt Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Novacyt 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.

Complementary Tools for Novacyt Pink Sheet analysis

When running Novacyt SA's price analysis, check to measure Novacyt SA'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 Novacyt SA is operating at the current time. Most of Novacyt SA's value examination focuses on studying past and present price action to predict the probability of Novacyt SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novacyt SA's price. Additionally, you may evaluate how the addition of Novacyt SA to your portfolios can decrease your overall portfolio volatility.
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