Nevo Energy Performance
| NEVEDelisted Stock | USD 1.00 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nevo Energy are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Nevo Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Nevo Energy is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Total Cashflows From Investing Activities | 1.6 M | |
| Discontinued Operations | 581.7 K |
Nevo |
Nevo Energy Relative Risk vs. Return Landscape
If you would invest 100.00 in Nevo Energy on November 3, 2024 and sell it today you would earn a total of 0.00 from holding Nevo Energy or generate 0.0% return on investment over 90 days. Nevo Energy is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of pink sheets are less volatile than Nevo, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nevo Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nevo Energy's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Nevo Energy, and traders can use it to determine the average amount a Nevo Energy'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 = 0.0
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Based on monthly moving average Nevo Energy 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 Nevo Energy by adding Nevo Energy to a well-diversified portfolio.
Nevo Energy Fundamentals Growth
Nevo Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nevo Energy, and Nevo Energy 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 Nevo Pink Sheet performance.
| Return On Asset | -0.64 | |||
| Current Valuation | 25.01 M | |||
| EBITDA | (1.01 M) | |||
| Cash And Equivalents | 31.04 K | |||
| Total Debt | 387.98 K | |||
| Book Value Per Share | (0.77) X | |||
| Cash Flow From Operations | (2.03 M) | |||
| Earnings Per Share | (0.03) X | |||
About Nevo Energy Performance
By analyzing Nevo Energy's fundamental ratios, stakeholders can gain valuable insights into Nevo Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nevo Energy 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 Nevo Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nevo Energy, Inc. develops and intends to build, own, and operate renewable energy projects to deliver electricity to utilities and industrial customers. The company was formerly known as Solargen Energy, Inc. and changed its name to Nevo Energy, Inc. in May 2011. Nevo Energy operates under UtilitiesRenewable classification in the United States and is traded on OTC Exchange. It employs 2 people.Things to note about Nevo Energy performance evaluation
Checking the ongoing alerts about Nevo Energy for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nevo Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nevo Energy is not yet fully synchronised with the market data | |
| Nevo Energy generated a negative expected return over the last 90 days | |
| Nevo Energy has some characteristics of a very speculative penny stock | |
| Nevo Energy has a very high chance of going through financial distress in the upcoming years | |
| Nevo Energy currently holds 387.98 K in liabilities. Nevo Energy has a current ratio of 0.02, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Nevo Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Nevo Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nevo Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nevo to invest in growth at high rates of return. When we think about Nevo Energy's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.12 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nevo Energy currently holds about 31.04 K in cash with (2.03 M) of positive cash flow from operations. |
- Analyzing Nevo Energy'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 Nevo Energy's stock is overvalued or undervalued compared to its peers.
- Examining Nevo Energy'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 Nevo Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nevo Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nevo Energy's pink sheet. These opinions can provide insight into Nevo Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Other Consideration for investing in Nevo Pink Sheet
If you are still planning to invest in Nevo Energy check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nevo Energy's history and understand the potential risks before investing.
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