Nova Eye's market value is the price at which a share of Nova Eye trades on a public exchange. It measures the collective expectations of Nova Eye Medical investors about its performance. Nova Eye is trading at 0.0019 as of the 26th of December 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.0019. With this module, you can estimate the performance of a buy and hold strategy of Nova Eye Medical and determine expected loss or profit from investing in Nova Eye over a given investment horizon. Check out Nova Eye Correlation, Nova Eye Volatility and Nova Eye Alpha and Beta module to complement your research on Nova Eye.
Please note, there is a significant difference between Nova Eye's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova Eye is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova Eye's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Nova Eye '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 Nova Eye'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 Nova Eye.
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11/26/2025
No Change 0.00
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In 30 days
12/26/2025
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If you would invest 0.00 in Nova Eye on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Nova Eye Medical or generate 0.0% return on investment in Nova Eye over 30 days. Nova Eye is related to or competes with Clinuvel Pharmaceuticals, Clinuvel Pharmaceuticals, Northwest Biotherapeutics, 3-D Matrix, Kneat, Cogstate, and PureTech Health. Nova Eye Medical Limited designs, develops, distributes, markets, sells, and services surgical devices for the treatment... More
Nova Eye 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 Nova Eye'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 Nova Eye Medical upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nova Eye's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Nova Eye's standard deviation. In reality, there are many statistical measures that can use Nova Eye historical prices to predict the future Nova Eye's volatility.
Nova Eye Medical has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12 % return per unit of risk over the last 3 months. Nova Eye exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nova Eye's Mean Deviation of 2.93, standard deviation of 12.08, and Risk Adjusted Performance of (0.08) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.51, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nova Eye's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nova Eye is expected to be smaller as well. At this point, Nova Eye Medical has a negative expected return of -1.53%. Please make sure to verify Nova Eye's standard deviation, as well as the relationship between the maximum drawdown and day median price , to decide if Nova Eye Medical performance from the past will be repeated at some point in the near future.
Auto-correlation
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No correlation between past and present
Nova Eye Medical has no correlation between past and present. Overlapping area represents the amount of predictability between Nova Eye time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Nova Eye Medical price movement. The serial correlation of 0.0 indicates that just 0.0% of current Nova Eye price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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Nova Eye Medical lagged returns against current returns
Autocorrelation, which is Nova Eye pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Nova Eye's pink sheet expected returns. We can calculate the autocorrelation of Nova Eye returns to help us make a trade decision. For example, suppose you find that Nova Eye has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Nova Eye regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Nova Eye pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Nova Eye pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Nova Eye pink sheet over time.
Current vs Lagged Prices
Timeline
Nova Eye Lagged Returns
When evaluating Nova Eye's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Nova Eye pink sheet have on its future price. Nova Eye autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Nova Eye autocorrelation shows the relationship between Nova Eye pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Nova Eye Medical.
Nova Eye financial ratios help investors to determine whether Nova Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nova with respect to the benefits of owning Nova Eye security.