Novus Acquisition And Stock Target Price
| NDEV Stock | USD 0.02 0.0002 1.31% |
As of the 21st of February, Novus Acquisition secures the Mean Deviation of 7.13, risk adjusted performance of 0.0084, and Standard Deviation of 9.99. 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 market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Novus Acquisition and is priced some-what accurately, providing market reflects its recent price of 0.0151 per share. As Novus Acquisition appears to be a penny stock we also strongly suggest to check its jensen 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 Target Price 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 Target Price 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 target price 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.
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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.