Novra Technologies Stock Performance
| NVRVF Stock | USD 0.05 0.01 18.43% |
On a scale of 0 to 100, Novra Technologies holds a performance score of 2. The company secures a Beta (Market Risk) of 1.16, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Novra Technologies will likely underperform. Please check Novra Technologies' downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Novra Technologies' current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Novra Technologies are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Novra Technologies reported solid returns over the last few months and may actually be approaching a breakup point. ...more
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Novra Technologies Relative Risk vs. Return Landscape
If you would invest 5.36 in Novra Technologies on September 28, 2025 and sell it today you would lose (0.36) from holding Novra Technologies or give up 6.72% of portfolio value over 90 days. Novra Technologies is currently producing 0.2799% returns and takes up 9.5307% volatility of returns over 90 trading days. Put another way, 85% of traded otc stocks are less volatile than Novra, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Novra Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novra Technologies' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Novra Technologies, and traders can use it to determine the average amount a Novra Technologies' 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 = 0.0294
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Based on monthly moving average Novra Technologies is performing at about 2% 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 Novra Technologies by adding it to a well-diversified portfolio.
Novra Technologies Fundamentals Growth
Novra OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Novra Technologies, and Novra Technologies 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 Novra OTC Stock performance.
| Return On Asset | -0.0366 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 4.14 M | |||
| Shares Outstanding | 33.42 M | |||
| Price To Earning | 4.89 X | |||
| Price To Book | 22.63 X | |||
| Price To Sales | 0.30 X | |||
| Revenue | 7.21 M | |||
| EBITDA | 1.49 M | |||
| Cash And Equivalents | 1.9 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 2.49 M | |||
| Debt To Equity | 8.26 % | |||
| Book Value Per Share | (0.09) X | |||
| Cash Flow From Operations | 251.71 K | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 9.47 M | |||
About Novra Technologies Performance
By analyzing Novra Technologies' fundamental ratios, stakeholders can gain valuable insights into Novra Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Novra Technologies 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 Novra Technologies has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Novra Technologies Inc., together with its subsidiaries, provides hardware, software, and services for the distribution of satellite data in Canada, North America, Central America, South America, Europe, the Middle East, Africa, East Asia, South Asia, Southeast Asia, and Oceania. The company was founded in 2000 and is headquartered in Winnipeg, Canada. Novra Technologies operates under Communication Equipment classification in the United States and is traded on OTC Exchange.Things to note about Novra Technologies performance evaluation
Checking the ongoing alerts about Novra Technologies for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Novra Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Novra Technologies had very high historical volatility over the last 90 days | |
| Novra Technologies has some characteristics of a very speculative penny stock | |
| Novra Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Novra Technologies has accumulated 2.49 M in total debt with debt to equity ratio (D/E) of 8.26, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Novra Technologies has a current ratio of 0.83, 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 Novra Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Novra Technologies' 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 Novra Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novra to invest in growth at high rates of return. When we think about Novra Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.21 M. Net Loss for the year was (118.75 K) with profit before overhead, payroll, taxes, and interest of 2.4 M. | |
| About 18.0% of Novra Technologies outstanding shares are owned by corporate insiders |
- Analyzing Novra Technologies' 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 Novra Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Novra Technologies' 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 Novra Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Novra Technologies' management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Novra Technologies' otc stock. These opinions can provide insight into Novra Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Novra OTC Stock analysis
When running Novra Technologies' price analysis, check to measure Novra Technologies' 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 Novra Technologies is operating at the current time. Most of Novra Technologies' value examination focuses on studying past and present price action to predict the probability of Novra Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novra Technologies' price. Additionally, you may evaluate how the addition of Novra Technologies to your portfolios can decrease your overall portfolio volatility.
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