Nova Wellness (Malaysia) Performance
| 0201 Stock | 0.44 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.42, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Nova Wellness' returns are expected to increase less than the market. However, during the bear market, the loss of holding Nova Wellness is expected to be smaller as well. At this point, Nova Wellness Group has a negative expected return of -0.12%. Please make sure to verify Nova Wellness' information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Nova Wellness Group performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Nova Wellness Group has generated negative risk-adjusted returns adding no value to investors with long positions. Despite latest conflicting performance, the Stock's basic indicators remain persistent and the latest mess on Wall Street may also be a sign of long-standing gains for the company institutional investors. ...more
| Begin Period Cash Flow | 27.7 M | |
| Total Cashflows From Investing Activities | -9.5 M | |
| Free Cash Flow | 2.5 M |
Nova |
Nova Wellness Relative Risk vs. Return Landscape
If you would invest 48.00 in Nova Wellness Group on August 30, 2024 and sell it today you would lose (4.00) from holding Nova Wellness Group or give up 8.33% of portfolio value over 90 days. Nova Wellness Group is generating negative expected returns and assumes 2.3368% volatility on return distribution over the 90 days horizon. Simply put, 20% of stocks are less volatile than Nova, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Nova Wellness Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nova Wellness' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nova Wellness Group, and traders can use it to determine the average amount a Nova Wellness' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0494
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 0201 |
Estimated Market Risk
| 2.34 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nova Wellness is not performing at its full potential. However, 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 Nova Wellness by adding Nova Wellness to a well-diversified portfolio.
Nova Wellness Fundamentals Growth
Nova Stock prices reflect investors' perceptions of the future prospects and financial health of Nova Wellness, and Nova Wellness fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Nova Stock performance.
| Return On Equity | 14.86 | |||
| Current Valuation | 273.73 M | |||
| Price To Book | 2.75 X | |||
| Price To Sales | 6.20 X | |||
| Revenue | 49.14 M | |||
| EBITDA | 21.21 M | |||
| Cash Flow From Operations | 12.27 M | |||
| Total Asset | 112.44 M | |||
About Nova Wellness Performance
By examining Nova Wellness' fundamental ratios, stakeholders can obtain critical insights into Nova Wellness' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Nova Wellness is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Things to note about Nova Wellness Group performance evaluation
Checking the ongoing alerts about Nova Wellness for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nova Wellness Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nova Wellness Group generated a negative expected return over the last 90 days | |
| Nova Wellness Group has some characteristics of a very speculative penny stock |
- Analyzing Nova Wellness' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Nova Wellness' stock is overvalued or undervalued compared to its peers.
- Examining Nova Wellness' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Nova Wellness' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nova Wellness' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nova Wellness' stock. These opinions can provide insight into Nova Wellness' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nova Stock
Nova Wellness financial ratios help investors to determine whether Nova Stock 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 Wellness security.