Rami Gabay - Novita SA Member Board
| NVT Stock | 121.50 1.00 0.83% |
Executive
Rami Gabay is Member Board of Novita SA
| Phone | 48 68 456 1500 |
| Web | https://www.novita.pl |
Novita SA Management Efficiency
The company has return on total asset (ROA) of 0.0948 % which means that it generated a profit of $0.0948 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1658 %, meaning that it generated $0.1658 on every $100 dollars invested by stockholders. Novita SA's management efficiency ratios could be used to measure how well Novita SA manages its routine affairs as well as how well it operates its assets and liabilities. Novita SA (NVT) is traded on Warsaw Stock Exchange in Poland and employs 187 people.Management Performance
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0948 |
Novita SA Leadership Team
Elected by the shareholders, the Novita SA's board of directors comprises two types of representatives: Novita SA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novita. The board's role is to monitor Novita SA's management team and ensure that shareholders' interests are well served. Novita SA's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novita SA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Radoslaw Muziol, Pres CEO | ||
| Jakub Rekosiewicz, F Board | ||
| Rami Gabay, Member Board | ||
| Shlomo Finkelstein, Member Board | ||
| Mateusz Gorzelak, S Board |
Novita Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Novita SA a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0948 | |||
| Profit Margin | 0.1 % | |||
| Operating Margin | 0.12 % | |||
| Current Valuation | 233.01 M | |||
| Shares Outstanding | 2.5 M | |||
| Shares Owned By Insiders | 91.75 % | |||
| Price To Book | 1.64 X | |||
| Price To Sales | 0.94 X | |||
| Revenue | 221.43 M |
Pair Trading with Novita SA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Novita SA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Novita SA will appreciate offsetting losses from the drop in the long position's value.Moving together with Novita Stock
Moving against Novita Stock
| 0.76 | BNP | BNP Paribas Bank | PairCorr |
| 0.75 | MBK | mBank SA | PairCorr |
| 0.74 | ING | ING Bank lski | PairCorr |
| 0.71 | PKN | Polski Koncern Naftowy | PairCorr |
| 0.54 | PEO | Bank Polska Kasa | PairCorr |
The ability to find closely correlated positions to Novita SA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Novita SA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Novita SA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Novita SA to buy it.
The correlation of Novita SA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Novita SA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Novita SA moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Novita SA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Novita Stock Analysis
When running Novita SA's price analysis, check to measure Novita 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 Novita SA is operating at the current time. Most of Novita SA's value examination focuses on studying past and present price action to predict the probability of Novita 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 Novita SA's price. Additionally, you may evaluate how the addition of Novita SA to your portfolios can decrease your overall portfolio volatility.