Nova Lifestyle I Stock Price Prediction
| NVFY Stock | USD 0.61 0.01 1.67% |
Oversold Vs Overbought
45
Oversold | Overbought |
Quarterly Revenue Growth (0.40) |
Using Nova Lifestyle hype-based prediction, you can estimate the value of Nova Lifestyle I from the perspective of Nova Lifestyle response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Nova Lifestyle to buy its stock at a price that has no basis in reality. In that case, they are not buying Nova because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Nova Lifestyle after-hype prediction price | USD 0.67 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Nova |
Nova Lifestyle After-Hype Price Prediction Density Analysis
As far as predicting the price of Nova Lifestyle at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Nova Lifestyle or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Nova Lifestyle, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Nova Lifestyle Estimiated After-Hype Price Volatility
In the context of predicting Nova Lifestyle's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Nova Lifestyle's historical news coverage. Nova Lifestyle's after-hype downside and upside margins for the prediction period are 0.03 and 6.18, respectively. We have considered Nova Lifestyle's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Nova Lifestyle is out of control at this time. Analysis and calculation of next after-hype price of Nova Lifestyle I is based on 3 months time horizon.
Nova Lifestyle Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Nova Lifestyle is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Nova Lifestyle backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Nova Lifestyle, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
1.07 | 5.51 | 0.06 | 0.29 | 4 Events / Month | 2 Events / Month | In about 4 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
0.61 | 0.67 | 9.84 |
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Nova Lifestyle Hype Timeline
Nova Lifestyle I is now traded for 0.61. The entity has historical hype elasticity of 0.06, and average elasticity to hype of competition of 0.29. Nova is forecasted to increase in value after the next headline, with the price projected to jump to 0.67 or above. The average volatility of media hype impact on the company the price is over 100%. The price jump on the next news is projected to be 9.84%, whereas the daily expected return is now at -1.07%. The volatility of related hype on Nova Lifestyle is about 2022.02%, with the expected price after the next announcement by competition of 0.90. The company has return on total asset (ROA) of (0.5519) % which means that it has lost $0.5519 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (3.2658) %, meaning that it created substantial loss on money invested by shareholders. Nova Lifestyle's management efficiency ratios could be used to measure how well Nova Lifestyle manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to -1.22 in 2024. Return On Capital Employed is likely to rise to -2.39 in 2024. Intangibles To Total Assets is likely to rise to 0.05 in 2024, whereas Total Assets are likely to drop slightly above 5.9 M in 2024. Given the investment horizon of 90 days the next forecasted press release will be in about 4 days. Check out Nova Lifestyle Basic Forecasting Models to cross-verify your projections.Nova Lifestyle Related Hype Analysis
Having access to credible news sources related to Nova Lifestyle's direct competition is more important than ever and may enhance your ability to predict Nova Lifestyle's future price movements. Getting to know how Nova Lifestyle's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Nova Lifestyle may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| AUVIP | Applied UV Preferred | 0.00 | 0 per month | 0.00 | (0.07) | 60.00 | (56.46) | 205.33 | |
| ATER | Aterian | 0.03 | 7 per month | 0.00 | (0.08) | 5.20 | (5.91) | 18.73 | |
| EFOI | Energy Focu | (0.03) | 4 per month | 0.00 | (0.05) | 8.59 | (8.09) | 28.55 | |
| AMWD | American Woodmark | 1.09 | 7 per month | 2.72 | (0.03) | 3.71 | (3.80) | 15.43 |
Nova Lifestyle Additional Predictive Modules
Most predictive techniques to examine Nova price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Nova using various technical indicators. When you analyze Nova charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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About Nova Lifestyle Predictive Indicators
The successful prediction of Nova Lifestyle stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Nova Lifestyle I, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Nova Lifestyle based on analysis of Nova Lifestyle hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Nova Lifestyle's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nova Lifestyle's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 64.55 | 63.89 | 16.08 | 23.63 | Days Of Inventory On Hand | 278.61 | 87.71 | 121.79 | 96.59 |
Story Coverage note for Nova Lifestyle
The number of cover stories for Nova Lifestyle depends on current market conditions and Nova Lifestyle's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Nova Lifestyle is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Nova Lifestyle's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Nova Lifestyle Short Properties
Nova Lifestyle's future price predictability will typically decrease when Nova Lifestyle's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Nova Lifestyle I often depends not only on the future outlook of the potential Nova Lifestyle's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nova Lifestyle's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.6 M | |
| Cash And Short Term Investments | 369.1 K |
Additional Tools for Nova Stock Analysis
When running Nova Lifestyle's price analysis, check to measure Nova Lifestyle'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 Lifestyle is operating at the current time. Most of Nova Lifestyle's value examination focuses on studying past and present price action to predict the probability of Nova Lifestyle'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 Lifestyle's price. Additionally, you may evaluate how the addition of Nova Lifestyle to your portfolios can decrease your overall portfolio volatility.