Nova Lifestyle I Stock Performance
| NVFY Stock | USD 0.61 0.01 1.67% |
The company secures a Beta (Market Risk) of 1.46, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nova Lifestyle will likely underperform. At this point, Nova Lifestyle I has a negative expected return of -1.07%. Please make sure to verify Nova Lifestyle's value at risk, rate of daily change, as well as the relationship between the Rate Of Daily Change and relative strength index , to decide if Nova Lifestyle I performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Nova Lifestyle I has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's technical and fundamental indicators remain fairly strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Begin Period Cash Flow | 1.4 M | |
| Free Cash Flow | -1.6 M |
Nova |
Nova Lifestyle Relative Risk vs. Return Landscape
If you would invest 134.00 in Nova Lifestyle I on August 27, 2024 and sell it today you would lose (73.00) from holding Nova Lifestyle I or give up 54.48% of portfolio value over 90 days. Nova Lifestyle I is currently does not generate positive expected returns and assumes 5.5103% risk (volatility on return distribution) over the 90 days horizon. In different words, 49% of stocks are less volatile than Nova, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Nova Lifestyle Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nova Lifestyle's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nova Lifestyle I, and traders can use it to determine the average amount a Nova Lifestyle'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 = -0.1943
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| Negative Returns | NVFY |
Estimated Market Risk
| 5.51 actual daily | 49 51% of assets are more volatile |
Expected Return
| -1.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nova Lifestyle 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 Lifestyle by adding Nova Lifestyle to a well-diversified portfolio.
Nova Lifestyle Fundamentals Growth
Nova Stock prices reflect investors' perceptions of the future prospects and financial health of Nova Lifestyle, and Nova Lifestyle 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 | -3.27 | ||||
| Return On Asset | -0.55 | ||||
| Profit Margin | (0.81) % | ||||
| Operating Margin | (0.19) % | ||||
| Current Valuation | 6.22 M | ||||
| Shares Outstanding | 7.21 M | ||||
| Price To Earning | 2.97 X | ||||
| Price To Book | 90.86 X | ||||
| Price To Sales | 0.45 X | ||||
| Revenue | 11.09 M | ||||
| EBITDA | (5.99 M) | ||||
| Cash And Equivalents | 4.68 M | ||||
| Cash Per Share | 0.68 X | ||||
| Total Debt | 2.11 M | ||||
| Debt To Equity | 0.18 % | ||||
| Book Value Per Share | 0.26 X | ||||
| Cash Flow From Operations | (1.58 M) | ||||
| Earnings Per Share | (4.40) X | ||||
| Total Asset | 6.24 M | ||||
| Retained Earnings | (44.43 M) | ||||
| Current Asset | 65.83 M | ||||
| Current Liabilities | 17.21 M | ||||
About Nova Lifestyle Performance
Evaluating Nova Lifestyle's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Nova Lifestyle 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 Lifestyle has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. Nova LifeStyle, Inc. was founded in 2003 and is headquartered in Commerce, California. Nova Lifestyle operates under Furnishings, Fixtures Appliances classification in the United States and is traded on NASDAQ Exchange. It employs 29 people.Things to note about Nova Lifestyle I performance evaluation
Checking the ongoing alerts about Nova Lifestyle for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nova Lifestyle I help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nova Lifestyle I generated a negative expected return over the last 90 days | |
| Nova Lifestyle I has high historical volatility and very poor performance | |
| Nova Lifestyle I has some characteristics of a very speculative penny stock | |
| Nova Lifestyle I has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 11.09 M. Net Loss for the year was (7.72 M) with loss before overhead, payroll, taxes, and interest of (7.78 M). | |
| Nova Lifestyle I currently holds about 4.68 M in cash with (1.58 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.68, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 30.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Nova Lifestyle'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 Lifestyle's stock is overvalued or undervalued compared to its peers.
- Examining Nova Lifestyle'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 Lifestyle's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nova Lifestyle's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nova Lifestyle's stock. These opinions can provide insight into Nova Lifestyle's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Nova Stock Analysis
When running Nova Lifestyle's price analysis, check to measure Nova Lifestyle'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 Nova Lifestyle is operating at the current time. Most of Nova Lifestyle's value examination focuses on studying past and present price action to predict the probability of Nova Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Lifestyle's price. Additionally, you may evaluate how the addition of Nova Lifestyle to your portfolios can decrease your overall portfolio volatility.