Nova Mentis Life Stock Performance
| NMLSF Stock | USD 0.1 0.01 7.78% |
Nova Mentis holds a performance score of 12 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.09, which conveys a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Nova Mentis are expected to decrease slowly. On the other hand, during market turmoil, Nova Mentis is expected to outperform it slightly. Use Nova Mentis Life potential upside and the relationship between the skewness and price action indicator , to analyze future returns on Nova Mentis Life.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Nova Mentis Life are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Nova Mentis reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Nova |
Nova Mentis Relative Risk vs. Return Landscape
If you would invest 6.22 in Nova Mentis Life on November 26, 2025 and sell it today you would earn a total of 3.48 from holding Nova Mentis Life or generate 55.95% return on investment over 90 days. Nova Mentis Life is currently producing 1.0633% returns and takes up 6.8943% volatility of returns over 90 trading days. Put another way, 61% of traded pink sheets are less volatile than Nova, and 79% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nova Mentis Target Price Odds to finish over Current Price
The tendency of Nova Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.1 | 90 days | 0.1 | about 5.79 |
Based on a normal probability distribution, the odds of Nova Mentis to move above the current price in 90 days from now is about 5.79 (This Nova Mentis Life probability density function shows the probability of Nova Pink Sheet to fall within a particular range of prices over 90 days) .
Nova Mentis Price Density |
| Price |
Predictive Modules for Nova Mentis
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Nova Mentis Life. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Nova Mentis' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Nova Mentis Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Nova Mentis is not an exception. The market had few large corrections towards the Nova Mentis' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Nova Mentis Life, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Nova Mentis within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.45 | |
β | Beta against Dow Jones | -1.09 | |
σ | Overall volatility | 0.01 | |
Ir | Information ratio | 0.19 |
Nova Mentis Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nova Mentis for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nova Mentis Life can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nova Mentis Life is way too risky over 90 days horizon | |
| Nova Mentis Life has some characteristics of a very speculative penny stock | |
| Nova Mentis Life appears to be risky and price may revert if volatility continues | |
| Nova Mentis Life has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.68 M) with loss before overhead, payroll, taxes, and interest of (5.44 K). | |
| Nova Mentis Life has accumulated about 634.36 K in cash with (1.95 M) of positive cash flow from operations. |
Nova Mentis Fundamentals Growth
Nova Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Nova Mentis, and Nova Mentis 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 Pink Sheet performance.
| Return On Equity | -0.89 | |||
| Return On Asset | -0.52 | |||
| Current Valuation | 5.46 M | |||
| Shares Outstanding | 143.47 M | |||
| Price To Book | 7.68 X | |||
| Price To Sales | 5,731 X | |||
| EBITDA | (2.93 M) | |||
| Cash And Equivalents | 634.36 K | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (1.95 M) | |||
| Earnings Per Share | (0.02) X | |||
| Total Asset | 881.16 K | |||
About Nova Mentis Performance
By analyzing Nova Mentis' fundamental ratios, stakeholders can gain valuable insights into Nova Mentis' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nova Mentis 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 Mentis has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nova Mentis Life Science Corp., through its subsidiaries, engages in developing diagnostics and psilocybin based therapeutics for neuroinflammatory conditions with a focus on autism spectrum disorder and fragile X syndrome in Canada. Nova Mentis Life Science Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada. Nova Mentis is traded on OTC Exchange in the United States.Things to note about Nova Mentis Life performance evaluation
Checking the ongoing alerts about Nova Mentis for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Nova Mentis Life help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nova Mentis Life is way too risky over 90 days horizon | |
| Nova Mentis Life has some characteristics of a very speculative penny stock | |
| Nova Mentis Life appears to be risky and price may revert if volatility continues | |
| Nova Mentis Life has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.68 M) with loss before overhead, payroll, taxes, and interest of (5.44 K). | |
| Nova Mentis Life has accumulated about 634.36 K in cash with (1.95 M) of positive cash flow from operations. |
- Analyzing Nova Mentis' 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 Mentis' stock is overvalued or undervalued compared to its peers.
- Examining Nova Mentis' 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 Mentis' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nova Mentis' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nova Mentis' pink sheet. These opinions can provide insight into Nova Mentis' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nova Pink Sheet analysis
When running Nova Mentis' price analysis, check to measure Nova Mentis' 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 Nova Mentis is operating at the current time. Most of Nova Mentis' value examination focuses on studying past and present price action to predict the probability of Nova Mentis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Mentis' price. Additionally, you may evaluate how the addition of Nova Mentis to your portfolios can decrease your overall portfolio volatility.
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