Nova Europe (Germany) Manager Performance Evaluation
| 0P00011MNK | EUR 212.26 1.17 0.55% |
The fund secures a Beta (Market Risk) of 0.17, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Nova Europe's returns are expected to increase less than the market. However, during the bear market, the loss of holding Nova Europe is expected to be smaller as well.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Nova Europe ISR has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong basic indicators, Nova Europe is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Fifty Two Week Low | 158.76 | |
| Fifty Two Week High | 263.90 |
Nova |
Nova Europe Relative Risk vs. Return Landscape
If you would invest 22,192 in Nova Europe ISR on September 1, 2024 and sell it today you would lose (966.00) from holding Nova Europe ISR or give up 4.35% of portfolio value over 90 days. Nova Europe ISR is generating negative expected returns and assumes 0.671% volatility on return distribution over the 90 days horizon. Simply put, 5% of funds 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 Europe Current Valuation
Overvalued
Today
Please note that Nova Europe's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Nova Europe ISR secures a last-minute Real Value of €192.1 per share. The latest price of the fund is €212.26. We determine the value of Nova Europe ISR from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend taking in undervalued funds and trading overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
Since Nova Europe is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nova Fund. However, Nova Europe's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 212.26 | Real 192.1 | Hype 212.26 | Naive 212.71 |
The real value of Nova Fund, also known as its intrinsic value, is the underlying worth of Nova Europe ISR Fund, which is reflected in its stock price. It is based on Nova Europe's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Nova Europe's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Nova Europe ISR helps investors to forecast how Nova fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nova Europe more accurately as focusing exclusively on Nova Europe's fundamentals will not take into account other important factors: Nova Europe Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nova Europe's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Nova Europe ISR, and traders can use it to determine the average amount a Nova Europe's 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 = -0.0987
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 0P00011MNK |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nova Europe 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 Europe by adding Nova Europe to a well-diversified portfolio.
Nova Europe Fundamentals Growth
Nova Fund prices reflect investors' perceptions of the future prospects and financial health of Nova Europe, and Nova Europe 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 Fund performance.
| Total Asset | 54.12 M | |||
About Nova Europe Performance
By analyzing Nova Europe's fundamental ratios, stakeholders can gain valuable insights into Nova Europe's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nova Europe has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nova Europe has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Lobjectif de gestion du FCP NOVA EUROPE est, dans le cadre dune allocation dynamique dcide par la socit de gestion, de surperformer long terme lindicateur de rfrence MSCI EUROPE SMALL CAP sur la dure de placement recommande. Nova Europe is traded on Frankfurt Stock Exchange in Germany.Things to note about Nova Europe ISR performance evaluation
Checking the ongoing alerts about Nova Europe for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Nova Europe ISR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nova Europe ISR generated a negative expected return over the last 90 days | |
| The fund holds all of the total net assets in various exotic instrument |
- Analyzing Nova Europe's 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 Europe's stock is overvalued or undervalued compared to its peers.
- Examining Nova Europe's 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 Europe's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nova Europe's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Nova Europe's fund. These opinions can provide insight into Nova Europe's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Nova Fund
Nova Europe financial ratios help investors to determine whether Nova Fund 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 Europe security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |