Nova Leap Health Stock Performance
| NVLPF Stock | USD 0.23 0.03 15.00% |
On a scale of 0 to 100, Nova Leap holds a performance score of 6. The company secures a Beta (Market Risk) of 0.3, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nova Leap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nova Leap is expected to be smaller as well. Please check Nova Leap's potential upside and the relationship between the skewness and relative strength index , to make a quick decision on whether Nova Leap's current price movements will revert.
Risk-Adjusted Performance
Mild
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Nova Leap Health are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Nova Leap reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 2.8 M | |
| Total Cashflows From Investing Activities | -7.4 M |
Nova |
Nova Leap Relative Risk vs. Return Landscape
If you would invest 20.00 in Nova Leap Health on October 28, 2025 and sell it today you would earn a total of 3.00 from holding Nova Leap Health or generate 15.0% return on investment over 90 days. Nova Leap Health is currently producing 0.2796% returns and takes up 3.4546% volatility of returns over 90 trading days. Put another way, 31% of traded otc stocks are less volatile than Nova, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nova Leap Target Price Odds to finish over Current Price
The tendency of Nova OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.23 | 90 days | 0.23 | about 21.73 |
Based on a normal probability distribution, the odds of Nova Leap to move above the current price in 90 days from now is about 21.73 (This Nova Leap Health probability density function shows the probability of Nova OTC Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Nova Leap has a beta of 0.3. This indicates as returns on the market go up, Nova Leap average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Nova Leap Health will be expected to be much smaller as well. Additionally Nova Leap Health has an alpha of 0.2366, implying that it can generate a 0.24 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Nova Leap Price Density |
| Price |
Predictive Modules for Nova Leap
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nova Leap Health. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Nova Leap Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nova Leap is not an exception. The market had few large corrections towards the Nova Leap's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nova Leap Health, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nova Leap within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.24 | |
β | Beta against Dow Jones | 0.30 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.06 |
Nova Leap Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nova Leap for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nova Leap Health can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nova Leap Health has some characteristics of a very speculative penny stock | |
| Nova Leap Health had very high historical volatility over the last 90 days | |
| Nova Leap Health has accumulated 896.13 K in total debt with debt to equity ratio (D/E) of 0.33, which is about average as compared to similar companies. Nova Leap Health has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nova Leap until it has trouble settling it off, either with new capital or with free cash flow. So, Nova Leap's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nova Leap Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nova to invest in growth at high rates of return. When we think about Nova Leap's use of debt, we should always consider it together with cash and equity. | |
| About 36.0% of Nova Leap outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Simplicity Wealth LLC Has 3.56 Million Holdings in Merck Co., Inc. MRK |
Nova Leap Fundamentals Growth
Nova OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Nova Leap, and Nova Leap 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 Nova OTC Stock performance.
| Return On Equity | -0.0309 | |||
| Return On Asset | -0.0294 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | (0.04) % | |||
| Current Valuation | 18.18 M | |||
| Shares Outstanding | 86.21 M | |||
| Price To Earning | 10.57 X | |||
| Price To Book | 1.12 X | |||
| Price To Sales | 0.79 X | |||
| Revenue | 21.28 M | |||
| EBITDA | 3.74 M | |||
| Cash And Equivalents | 794.12 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 896.13 K | |||
| Debt To Equity | 0.33 % | |||
| Book Value Per Share | 0.22 X | |||
| Cash Flow From Operations | 2.18 M | |||
| Total Asset | 26.77 M | |||
About Nova Leap Performance
By analyzing Nova Leap's fundamental ratios, stakeholders can gain valuable insights into Nova Leap's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nova Leap 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 Nova Leap has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nova Leap Health Corp. provides home and home health care services in the United States and Canada. Nova Leap Health Corp. was incorporated in 2015 and is headquartered in Halifax, Canada. Nova Leap is traded on OTC Exchange in the United States.Things to note about Nova Leap Health performance evaluation
Checking the ongoing alerts about Nova Leap for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Nova Leap Health help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nova Leap Health has some characteristics of a very speculative penny stock | |
| Nova Leap Health had very high historical volatility over the last 90 days | |
| Nova Leap Health has accumulated 896.13 K in total debt with debt to equity ratio (D/E) of 0.33, which is about average as compared to similar companies. Nova Leap Health has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nova Leap until it has trouble settling it off, either with new capital or with free cash flow. So, Nova Leap's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nova Leap Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nova to invest in growth at high rates of return. When we think about Nova Leap's use of debt, we should always consider it together with cash and equity. | |
| About 36.0% of Nova Leap outstanding shares are owned by corporate insiders | |
| Latest headline from thelincolnianonline.com: Simplicity Wealth LLC Has 3.56 Million Holdings in Merck Co., Inc. MRK |
- Analyzing Nova Leap'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 Nova Leap's stock is overvalued or undervalued compared to its peers.
- Examining Nova Leap'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 Nova Leap's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nova Leap's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Nova Leap's otc stock. These opinions can provide insight into Nova Leap's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nova OTC Stock analysis
When running Nova Leap's price analysis, check to measure Nova Leap'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 Leap is operating at the current time. Most of Nova Leap's value examination focuses on studying past and present price action to predict the probability of Nova Leap'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 Leap's price. Additionally, you may evaluate how the addition of Nova Leap to your portfolios can decrease your overall portfolio volatility.
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