Novus Acquisition And Stock Performance
| NDEV Stock | USD 0.01 0 14.29% |
On a scale of 0 to 100, Novus Acquisition holds a performance score of 1. The company secures a Beta (Market Risk) of -0.93, which conveys possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Novus Acquisition are expected to decrease slowly. On the other hand, during market turmoil, Novus Acquisition is expected to outperform it slightly. Please check Novus Acquisition's downside variance, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Novus Acquisition's current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Novus Acquisition and are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain technical and fundamental indicators, Novus Acquisition showed solid returns over the last few months and may actually be approaching a breakup point. ...more
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Novus Acquisition Relative Risk vs. Return Landscape
If you would invest 2.94 in Novus Acquisition and on September 28, 2025 and sell it today you would lose (1.44) from holding Novus Acquisition and or give up 48.98% of portfolio value over 90 days. Novus Acquisition and is currently generating 0.4212% in daily expected returns and assumes 17.8095% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Novus, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Novus Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novus Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Novus Acquisition and, and traders can use it to determine the average amount a Novus Acquisition's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0237
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Based on monthly moving average Novus Acquisition is performing at about 1% of its full potential. 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 Novus Acquisition by adding it to a well-diversified portfolio.
Novus Acquisition Fundamentals Growth
Novus Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Novus Acquisition, and Novus Acquisition fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Novus Pink Sheet performance.
| Return On Equity | 0.0642 | |||
| Return On Asset | 0.0456 | |||
| Profit Margin | 0.36 % | |||
| Operating Margin | 0.36 % | |||
| Current Valuation | 5.55 M | |||
| Shares Outstanding | 97.85 M | |||
| Price To Earning | 2.83 X | |||
| Price To Sales | 14.69 X | |||
| Revenue | 266.43 K | |||
| Cash And Equivalents | 106.27 K | |||
| Total Debt | 99.05 K | |||
| Debt To Equity | 0.07 % | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | 95.51 K | |||
| Earnings Per Share | 0 X | |||
| Total Asset | 791 K | |||
| Retained Earnings | (6 M) | |||
| Current Asset | 150 K | |||
| Current Liabilities | 115 K | |||
About Novus Acquisition Performance
Evaluating Novus Acquisition's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Novus Acquisition has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Novus Acquisition has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Novus Acquisition Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California It offers health policies in CBD concentrate cannabis space benefit plans, such as dental vision, hearing, and telemedicine and THC health plans. Novus Acquisition Development Corp. was incorporated in 1996 and is based in Miami, Florida. Novus Acq operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange.Things to note about Novus Acquisition performance evaluation
Checking the ongoing alerts about Novus Acquisition for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Novus Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Novus Acquisition had very high historical volatility over the last 90 days | |
| Novus Acquisition has some characteristics of a very speculative penny stock |
- Analyzing Novus Acquisition's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Novus Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining Novus Acquisition's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Novus Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Novus Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Novus Acquisition's pink sheet. These opinions can provide insight into Novus Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Novus Pink Sheet Analysis
When running Novus Acquisition's price analysis, check to measure Novus Acquisition'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 Novus Acquisition is operating at the current time. Most of Novus Acquisition's value examination focuses on studying past and present price action to predict the probability of Novus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novus Acquisition's price. Additionally, you may evaluate how the addition of Novus Acquisition to your portfolios can decrease your overall portfolio volatility.