Nova Vision Acquisition Performance
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 Nova Vision are completely uncorrelated.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nova Vision Acquisition has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Nova Vision is not utilizing all of its potentials. The newest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 163.4 K |
Nova |
Nova Vision Relative Risk vs. Return Landscape
If you would invest (100.00) in Nova Vision Acquisition on November 18, 2024 and sell it today you would earn a total of 100.00 from holding Nova Vision Acquisition or generate -100.0% return on investment over 90 days. Nova Vision Acquisition is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded stocks are less volatile than Nova, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Nova Vision Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nova Vision's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nova Vision Acquisition, and traders can use it to determine the average amount a Nova Vision'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 Nova Vision 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 Vision by adding Nova Vision to a well-diversified portfolio.
Nova Vision Fundamentals Growth
Nova Stock prices reflect investors' perceptions of the future prospects and financial health of Nova Vision, and Nova Vision 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 | -0.0309 | |||
| Return On Asset | -0.0275 | |||
| Current Valuation | 147.42 M | |||
| Revenue | 897.55 K | |||
| EBITDA | 146.88 K | |||
| Cash And Equivalents | 567.98 K | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 2 M | |||
| Debt To Equity | 0.01 % | |||
| Book Value Per Share | (0.89) X | |||
| Cash Flow From Operations | (569.87 K) | |||
| Total Asset | 17.94 M | |||
| Retained Earnings | (2.96 M) | |||
Things to note about Nova Vision Acquisition performance evaluation
Checking the ongoing alerts about Nova Vision for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nova Vision Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nova Vision is not yet fully synchronised with the market data | |
| Nova Vision has some characteristics of a very speculative penny stock | |
| Nova Vision has a very high chance of going through financial distress in the upcoming years | |
| Nova Vision Acquisition has accumulated about 567.98 K in cash with (569.87 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. |
- Analyzing Nova Vision'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 Vision's stock is overvalued or undervalued compared to its peers.
- Examining Nova Vision'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 Vision's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nova Vision's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nova Vision's stock. These opinions can provide insight into Nova Vision'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Nova Stock
If you are still planning to invest in Nova Vision Acquisition 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 Nova Vision's history and understand the potential risks before investing.
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