Novonix Ltd Adr Stock Price History

NVX Stock  USD 1.93  0.01  0.52%   
If you're considering investing in Novonix Stock, it is important to understand the factors that can impact its price. As of today, the current price of Novonix stands at 1.93, as last reported on the 25th of November, with the highest price reaching 1.97 and the lowest price hitting 1.91 during the day. Novonix appears to be unstable, given 3 months investment horizon. Novonix Ltd ADR has Sharpe Ratio of 0.0829, which conveys that the firm had a 0.0829% return per unit of risk over the last 3 months. We have found thirty technical indicators for Novonix, which you can use to evaluate the volatility of the firm. Please exercise Novonix's Mean Deviation of 4.28, risk adjusted performance of 0.0722, and Downside Deviation of 3.96 to check out if our risk estimates are consistent with your expectations.
  
Novonix Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0829

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Estimated Market Risk

 5.8
  actual daily
51
51% of assets are less volatile

Expected Return

 0.48
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
6
94% of assets perform better
Based on monthly moving average Novonix is performing at about 6% 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 Novonix by adding it to a well-diversified portfolio.

Novonix Stock Price History Chart

There are several ways to analyze Novonix Stock price data. The simplest method is using a basic Novonix candlestick price chart, which shows Novonix price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 10, 20242.4
Lowest PriceSeptember 23, 20241.43

Novonix November 25, 2024 Stock Price Synopsis

Various analyses of Novonix's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Novonix Stock. It can be used to describe the percentage change in the price of Novonix from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Novonix Stock.
Novonix Price Daily Balance Of Power 0.17 
Novonix Price Rate Of Daily Change 1.01 
Novonix Price Action Indicator(0.01)

Novonix November 25, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Novonix Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Novonix intraday prices and daily technical indicators to check the level of noise trading in Novonix Stock and then apply it to test your longer-term investment strategies against Novonix.

Novonix Stock Price History Data

The price series of Novonix for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 has a statistical range of 0.97 with a coefficient of variation of 14.74. The daily prices for the period are spread out with arithmetic mean of 1.85. The median price for the last 90 days is 1.92. The company issued dividends to stockholders on Mar 11, 2015.
OpenHighLowCloseVolume
11/25/2024
 1.91  1.97  1.91  1.93 
11/22/2024 1.91  1.97  1.91  1.93  39,752 
11/21/2024 1.94  1.95  1.90  1.92  21,873 
11/20/2024 2.01  2.03  1.95  1.97  24,248 
11/19/2024 2.09  2.09  2.01  2.05  45,337 
11/18/2024 2.05  2.11  2.01  2.11  32,722 
11/15/2024 2.00  2.03  1.96  1.98  41,350 
11/14/2024 2.15  2.15  1.98  2.02  49,306 
11/13/2024 2.21  2.21  2.12  2.14  30,875 
11/12/2024 2.21  2.29  2.05  2.19  95,505 
11/11/2024 2.14  2.25  2.05  2.22  323,337 
11/08/2024 1.90  1.90  1.82  1.88  19,683 
11/07/2024 1.90  1.96  1.81  1.92  56,130 
11/06/2024 1.88  1.89  1.75  1.84  67,110 
11/05/2024 1.79  1.82  1.74  1.76  23,734 
11/04/2024 1.79  1.79  1.68  1.71  72,692 
11/01/2024 1.86  1.87  1.80  1.82  32,287 
10/31/2024 1.85  1.85  1.78  1.84  46,669 
10/30/2024 1.98  1.98  1.87  1.87  56,847 
10/29/2024 2.15  2.15  2.00  2.04  25,894 
10/28/2024 2.11  2.14  2.05  2.10  39,375 
10/25/2024 2.12  2.12  2.00  2.04  50,404 
10/24/2024 2.09  2.11  2.04  2.06  25,613 
10/23/2024 2.14  2.17  2.07  2.08  26,126 
10/22/2024 2.20  2.24  2.16  2.22  20,862 
10/21/2024 2.14  2.25  2.08  2.20  104,639 
10/18/2024 2.04  2.04  1.99  2.04  20,144 
10/17/2024 2.05  2.05  1.90  1.96  53,805 
10/16/2024 2.17  2.17  2.07  2.11  46,323 
10/15/2024 2.20  2.22  2.15  2.16  35,568 
10/14/2024 2.30  2.31  2.18  2.22  65,521 
10/11/2024 2.38  2.38  2.18  2.30  85,236 
10/10/2024 2.35  2.49  2.32  2.40  200,825 
10/09/2024 2.13  2.28  2.10  2.28  170,633 
10/08/2024 1.98  2.04  1.90  1.96  10,624 
10/07/2024 2.06  2.09  1.95  2.00  66,552 
10/04/2024 1.96  2.10  1.96  2.05  25,388 
10/03/2024 1.98  1.99  1.91  1.92  33,637 
10/02/2024 1.95  2.04  1.93  2.04  132,435 
10/01/2024 1.84  1.94  1.83  1.85  15,979 
09/30/2024 1.94  1.94  1.81  1.84  33,235 
09/27/2024 1.85  2.08  1.85  1.95  85,226 
09/26/2024 1.69  1.74  1.65  1.74  89,905 
09/25/2024 1.50  1.54  1.43  1.46  13,795 
09/24/2024 1.46  1.47  1.43  1.43  8,366 
09/23/2024 1.43  1.44  1.42  1.43  11,772 
09/20/2024 1.45  1.46  1.43  1.45  26,238 
09/19/2024 1.53  1.53  1.45  1.46  24,140 
09/18/2024 1.49  1.50  1.47  1.48  12,828 
09/17/2024 1.48  1.50  1.44  1.47  23,400 
09/16/2024 1.50  1.51  1.48  1.51  5,007 
09/13/2024 1.57  1.62  1.54  1.54  6,401 
09/12/2024 1.55  1.57  1.54  1.57  6,570 
09/11/2024 1.58  1.58  1.51  1.54  8,525 
09/10/2024 1.46  1.48  1.41  1.44  60,299 
09/09/2024 1.44  1.53  1.44  1.50  12,546 
09/06/2024 1.52  1.52  1.41  1.45  53,405 
09/05/2024 1.58  1.60  1.50  1.51  100,230 
09/04/2024 1.52  1.59  1.52  1.59  35,185 
09/03/2024 1.68  1.68  1.55  1.55  76,995 
08/30/2024 1.58  1.83  1.58  1.69  39,269 

About Novonix Stock history

Novonix investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Novonix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Novonix Ltd ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Novonix stock prices may prove useful in developing a viable investing in Novonix
Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. Novonix Limited was incorporated in 2012 and is based in Brisbane, Australia. Novonix is traded on NASDAQ Exchange in the United States.

Novonix Stock Technical Analysis

Novonix technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Novonix technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Novonix trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Novonix Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Novonix's price direction in advance. Along with the technical and fundamental analysis of Novonix Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Novonix to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Novonix Stock Analysis

When running Novonix's price analysis, check to measure Novonix'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 Novonix is operating at the current time. Most of Novonix's value examination focuses on studying past and present price action to predict the probability of Novonix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novonix's price. Additionally, you may evaluate how the addition of Novonix to your portfolios can decrease your overall portfolio volatility.