Novina SA (Poland) Performance
| NOV Stock | 1.28 0.01 0.78% |
On a scale of 0 to 100, Novina SA holds a performance score of 5. The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Novina SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Novina SA is expected to be smaller as well. Please check Novina SA's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Novina SA's current price movements will revert.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Novina SA are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Novina SA reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Novina |
Novina SA Relative Risk vs. Return Landscape
If you would invest 117.00 in Novina SA on November 5, 2024 and sell it today you would earn a total of 11.00 from holding Novina SA or generate 9.4% return on investment over 90 days. Novina SA is generating 0.2039% of daily returns and assumes 3.1084% volatility on return distribution over the 90 days horizon. Simply put, 27% of stocks are less volatile than Novina, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Novina SA Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novina SA's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Novina SA, and traders can use it to determine the average amount a Novina SA'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 = 0.0656
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Estimated Market Risk
| 3.11 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Novina SA is performing at about 5% 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 Novina SA by adding it to a well-diversified portfolio.
About Novina SA Performance
Assessing Novina SA's fundamental ratios provides investors with valuable insights into Novina SA's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Novina SA is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Things to note about Novina SA performance evaluation
Checking the ongoing alerts about Novina SA for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Novina SA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Novina SA may become a speculative penny stock | |
| Novina SA had very high historical volatility over the last 90 days |
- Analyzing Novina SA'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 Novina SA's stock is overvalued or undervalued compared to its peers.
- Examining Novina SA'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 Novina SA's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Novina SA's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Novina SA's stock. These opinions can provide insight into Novina SA's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Novina Stock Analysis
When running Novina SA's price analysis, check to measure Novina SA'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 Novina SA is operating at the current time. Most of Novina SA's value examination focuses on studying past and present price action to predict the probability of Novina SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novina SA's price. Additionally, you may evaluate how the addition of Novina SA to your portfolios can decrease your overall portfolio volatility.