Novus Acquisition And Stock Key Fundamental Indicators
| NDEV Stock | USD 0.02 0 19.50% |
As of the 13th of February 2026, Novus Acquisition secures the Risk Adjusted Performance of 0.0546, downside deviation of 13.15, and Mean Deviation of 8.81. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Novus Acquisition, as well as the relationship between them. Please verify Novus Acquisition jensen alpha and downside variance to decide if Novus Acquisition and is priced some-what accurately, providing market reflects its recent price of 0.019 per share. As Novus Acquisition appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.
Novus Acquisition's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Novus Acquisition's valuation are provided below:Novus Acquisition and does not presently have any fundamental ratios for analysis. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. Novus |
Novus Acquisition 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Novus Acquisition's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Novus Acquisition.
| 11/15/2025 |
| 02/13/2026 |
If you would invest 0.00 in Novus Acquisition on November 15, 2025 and sell it all today you would earn a total of 0.00 from holding Novus Acquisition and or generate 0.0% return on investment in Novus Acquisition over 90 days. Novus Acquisition is related to or competes with Adia Nutrition. Novus Acquisition Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance comp... More
Novus Acquisition Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Novus Acquisition's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Novus Acquisition and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.15 | |||
| Information Ratio | 0.0493 | |||
| Maximum Drawdown | 87.33 | |||
| Value At Risk | (18.00) | |||
| Potential Upside | 22.76 |
Novus Acquisition Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novus Acquisition's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Novus Acquisition's standard deviation. In reality, there are many statistical measures that can use Novus Acquisition historical prices to predict the future Novus Acquisition's volatility.| Risk Adjusted Performance | 0.0546 | |||
| Jensen Alpha | 0.7801 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0481 | |||
| Treynor Ratio | (0.64) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Novus Acquisition's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Novus Acquisition February 13, 2026 Technical Indicators
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| Risk Adjusted Performance | 0.0546 | |||
| Market Risk Adjusted Performance | (0.63) | |||
| Mean Deviation | 8.81 | |||
| Semi Deviation | 10.15 | |||
| Downside Deviation | 13.15 | |||
| Coefficient Of Variation | 1797.22 | |||
| Standard Deviation | 12.81 | |||
| Variance | 164.04 | |||
| Information Ratio | 0.0493 | |||
| Jensen Alpha | 0.7801 | |||
| Total Risk Alpha | (0.41) | |||
| Sortino Ratio | 0.0481 | |||
| Treynor Ratio | (0.64) | |||
| Maximum Drawdown | 87.33 | |||
| Value At Risk | (18.00) | |||
| Potential Upside | 22.76 | |||
| Downside Variance | 172.9 | |||
| Semi Variance | 103.01 | |||
| Expected Short fall | (12.34) | |||
| Skewness | 0.6541 | |||
| Kurtosis | 3.19 |
Novus Acquisition Backtested Returns
Novus Acquisition appears to be out of control, given 3 months investment horizon. Novus Acquisition has Sharpe Ratio of 0.0623, which conveys that the firm had a 0.0623 % return per unit of risk over the last 3 months. By analyzing Novus Acquisition's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please exercise Novus Acquisition's Mean Deviation of 8.81, downside deviation of 13.15, and Risk Adjusted Performance of 0.0546 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Novus Acquisition holds a performance score of 4. The company secures a Beta (Market Risk) of -1.09, which conveys a somewhat significant risk relative to the market. 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 daily balance of power and period momentum indicator , to make a quick decision on whether Novus Acquisition's current price movements will revert.
Auto-correlation | 0.12 |
Insignificant predictability
Novus Acquisition and has insignificant predictability. Overlapping area represents the amount of predictability between Novus Acquisition time series from 15th of November 2025 to 30th of December 2025 and 30th of December 2025 to 13th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Novus Acquisition price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Novus Acquisition price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, Novus Acquisition and has a Return On Equity of 0.0642. This is 95.57% lower than that of the Financial Services sector and significantly higher than that of the Insurance—Diversified industry. The return on equity for all United States stocks is 120.71% lower than that of the firm.
Novus Acquisition Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novus Acquisition's current stock value. Our valuation model uses many indicators to compare Novus Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novus Acquisition competition to find correlations between indicators driving Novus Acquisition's intrinsic value. More Info.Novus Acquisition and is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.71 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Novus Acquisition and is roughly 1.41 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Novus Acquisition's earnings, one of the primary drivers of an investment's value.Novus Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Novus Acquisition's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Novus Acquisition could also be used in its relative valuation, which is a method of valuing Novus Acquisition by comparing valuation metrics of similar companies.Novus Acquisition is currently under evaluation in return on equity category among its peers.
Novus Fundamentals
| 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 | |||
| Gross Profit | 201.72 K | |||
| Net Income | 95.51 K | |||
| Cash And Equivalents | 106.27 K | |||
| Total Debt | 99.05 K | |||
| Debt To Equity | 0.07 % | |||
| Current Ratio | 1.15 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | 95.51 K | |||
| Earnings Per Share | 0 X | |||
| Beta | -0.0017 | |||
| Market Capitalization | 3.23 M | |||
| Total Asset | 791 K | |||
| Retained Earnings | (6 M) | |||
| Working Capital | 35 K | |||
| Current Asset | 150 K | |||
| Current Liabilities | 115 K | |||
| Z Score | 9.4 |
About Novus Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Novus Acquisition and's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Novus Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Novus Acquisition and based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
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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.