Neovasc 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 Neovasc are completely uncorrelated.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Neovasc has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy fundamental indicators, Neovasc is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
Neovasc |
Neovasc Relative Risk vs. Return Landscape
If you would invest (100.00) in Neovasc on November 10, 2025 and sell it today you would earn a total of 100.00 from holding Neovasc or generate -100.0% return on investment over 90 days. Neovasc 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 stocks are less volatile than Neovasc, 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 |
Neovasc 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 Neovasc for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Neovasc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Neovasc is not yet fully synchronised with the market data | |
| Neovasc has some characteristics of a very speculative penny stock | |
| Neovasc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 3.81 M. Net Loss for the year was (41.2 M) with loss before overhead, payroll, taxes, and interest of (7.08 M). | |
| Neovasc currently holds about 37.63 M in cash with (24.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.72. |
Neovasc Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Neovasc Stock often depends not only on the future outlook of the current and potential Neovasc's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Neovasc's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 2.7 M | |
| Cash And Short Term Investments | 25.8 M |
Neovasc Fundamentals Growth
Neovasc Stock prices reflect investors' perceptions of the future prospects and financial health of Neovasc, and Neovasc 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 Neovasc Stock performance.
| Return On Equity | -0.78 | |||
| Return On Asset | -0.33 | |||
| Current Valuation | 8.96 M | |||
| Shares Outstanding | 2.76 M | |||
| Price To Earning | 0.21 X | |||
| Price To Book | 1.00 X | |||
| Price To Sales | 9.37 X | |||
| Revenue | 3.81 M | |||
| EBITDA | (37.07 M) | |||
| Cash And Equivalents | 37.63 M | |||
| Cash Per Share | 13.72 X | |||
| Total Debt | 12.63 M | |||
| Debt To Equity | 0.34 % | |||
| Book Value Per Share | 10.22 X | |||
| Cash Flow From Operations | (24.93 M) | |||
| Earnings Per Share | (15.07) X | |||
| Total Asset | 38.73 M | |||
| Retained Earnings | (376.18 M) | |||
| Current Asset | 57.51 M | |||
| Current Liabilities | 3.23 M | |||
Things to note about Neovasc performance evaluation
Checking the ongoing alerts about Neovasc for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Neovasc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Neovasc is not yet fully synchronised with the market data | |
| Neovasc has some characteristics of a very speculative penny stock | |
| Neovasc has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 3.81 M. Net Loss for the year was (41.2 M) with loss before overhead, payroll, taxes, and interest of (7.08 M). | |
| Neovasc currently holds about 37.63 M in cash with (24.93 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 13.72. |
- Analyzing Neovasc'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 Neovasc's stock is overvalued or undervalued compared to its peers.
- Examining Neovasc'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 Neovasc's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Neovasc's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Neovasc's stock. These opinions can provide insight into Neovasc'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 private. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Other Consideration for investing in Neovasc Stock
If you are still planning to invest in Neovasc 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 Neovasc's history and understand the potential risks before investing.
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