Novra Technologies Stock Performance
| NVI Stock | CAD 0.07 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Novra Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Novra Technologies is expected to be smaller as well. At this point, Novra Technologies has a negative expected return of -0.22%. Please make sure to verify Novra Technologies' variance, as well as the relationship between the value at risk and rate of daily change , to decide if Novra Technologies 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 Novra Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in January 2026. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
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Novra Technologies Relative Risk vs. Return Landscape
If you would invest 9.50 in Novra Technologies on September 29, 2025 and sell it today you would lose (2.50) from holding Novra Technologies or give up 26.32% of portfolio value over 90 days. Novra Technologies is currently producing negative expected returns and takes up 7.1955% volatility of returns over 90 trading days. Put another way, 64% of traded stocks are less volatile than Novra, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Novra Technologies Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novra Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Novra Technologies, and traders can use it to determine the average amount a Novra Technologies' 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 = -0.0312
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Estimated Market Risk
| 7.2 actual daily | 64 64% of assets are less volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Novra Technologies 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 Novra Technologies by adding Novra Technologies to a well-diversified portfolio.
Novra Technologies Fundamentals Growth
Novra Stock prices reflect investors' perceptions of the future prospects and financial health of Novra Technologies, and Novra Technologies 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 Novra Stock performance.
| Return On Asset | -0.0154 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | (0.10) % | ||||
| Current Valuation | 5.86 M | ||||
| Shares Outstanding | 33.42 M | ||||
| Price To Earning | 3.45 X | ||||
| Price To Book | 26.13 X | ||||
| Price To Sales | 0.43 X | ||||
| Revenue | 3.97 M | ||||
| EBITDA | (31.64 K) | ||||
| Cash And Equivalents | 2.96 M | ||||
| Cash Per Share | 0.09 X | ||||
| Total Debt | 263.53 K | ||||
| Book Value Per Share | (0.09) X | ||||
| Cash Flow From Operations | (41.33 K) | ||||
| Earnings Per Share | 0.02 X | ||||
| Total Asset | 5.43 M | ||||
| Retained Earnings | (12.02 M) | ||||
About Novra Technologies Performance
Evaluating Novra Technologies' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Novra Technologies 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 Novra Technologies 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.
Novra Technologies, Inc. provides products, systems, and services for the distribution of multimedia broadband content. It also provides digital cinema network infrastructure and services, high-end appliances for cinemas, decoders for live events and alternative content in 2D and 3D, and digital cinema distribution software solutions and DVB and ATSC compliant receivers for the broadband communications network market. Novra Technologies operates under Communication Equipment classification in Canada and is traded on TSX Venture Exchange.Things to note about Novra Technologies performance evaluation
Checking the ongoing alerts about Novra Technologies for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Novra Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Novra Technologies generated a negative expected return over the last 90 days | |
| Novra Technologies has high historical volatility and very poor performance | |
| Novra Technologies has some characteristics of a very speculative penny stock | |
| Novra Technologies has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 3.97 M. Net Loss for the year was (1.31 M) with profit before overhead, payroll, taxes, and interest of 2.7 M. | |
| Novra Technologies has accumulated about 2.96 M in cash with (41.33 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Novra Technologies' 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 Novra Technologies' stock is overvalued or undervalued compared to its peers.
- Examining Novra Technologies' 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 Novra Technologies' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Novra Technologies' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Novra Technologies' stock. These opinions can provide insight into Novra Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Novra Stock Analysis
When running Novra Technologies' price analysis, check to measure Novra Technologies' 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 Novra Technologies is operating at the current time. Most of Novra Technologies' value examination focuses on studying past and present price action to predict the probability of Novra Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novra Technologies' price. Additionally, you may evaluate how the addition of Novra Technologies to your portfolios can decrease your overall portfolio volatility.