Novra Technologies Stock Performance
| NVRVF Stock | USD 0.09 0.01 11.20% |
Novra Technologies holds a performance score of 11 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of 0.0325, which conveys not very significant fluctuations relative to the market. 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. Use Novra Technologies downside variance, as well as the relationship between the rate of daily change and relative strength index , to analyze future returns on Novra Technologies.
Risk-Adjusted Performance
Good
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Novra Technologies are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Novra Technologies reported solid returns over the last few months and may actually be approaching a breakup point. ...more
Novra |
Novra Technologies Relative Risk vs. Return Landscape
If you would invest 4.17 in Novra Technologies on December 4, 2025 and sell it today you would earn a total of 4.63 from holding Novra Technologies or generate 111.03% return on investment over 90 days. Novra Technologies is currently producing 1.8054% returns and takes up 12.1184% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Novra, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Novra Technologies Target Price Odds to finish over Current Price
The tendency of Novra OTC Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 0.09 | 90 days | 0.09 | about 9.18 |
Based on a normal probability distribution, the odds of Novra Technologies to move above the current price in 90 days from now is about 9.18 (This Novra Technologies probability density function shows the probability of Novra OTC Stock to fall within a particular range of prices over 90 days) .
Novra Technologies Price Density |
| Price |
Predictive Modules for Novra Technologies
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Novra Technologies. Regardless of method or technology, however, to accurately forecast the otc stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the otc stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Novra Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Novra Technologies Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Novra Technologies is not an exception. The market had few large corrections towards the Novra Technologies' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Novra Technologies, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Novra Technologies within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.57 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 0.02 | |
Ir | Information ratio | 0.13 |
Novra Technologies 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 Novra Technologies for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Novra Technologies can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Novra Technologies is way too risky over 90 days horizon | |
| Novra Technologies has some characteristics of a very speculative penny stock | |
| Novra Technologies appears to be risky and price may revert if volatility continues | |
| Novra Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Novra Technologies has accumulated 2.49 M in total debt with debt to equity ratio (D/E) of 8.26, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Novra Technologies has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Novra Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Novra Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Novra Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novra to invest in growth at high rates of return. When we think about Novra Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.21 M. Net Loss for the year was (118.75 K) with profit before overhead, payroll, taxes, and interest of 2.4 M. | |
| About 18.0% of Novra Technologies outstanding shares are owned by corporate insiders |
Novra Technologies Fundamentals Growth
Novra OTC 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 OTC Stock performance.
| Return On Asset | -0.0366 | |||
| Profit Margin | (0.12) % | |||
| Operating Margin | (0.07) % | |||
| Current Valuation | 4.14 M | |||
| Shares Outstanding | 33.42 M | |||
| Price To Earning | 4.89 X | |||
| Price To Book | 22.63 X | |||
| Price To Sales | 0.30 X | |||
| Revenue | 7.21 M | |||
| EBITDA | 1.49 M | |||
| Cash And Equivalents | 1.9 M | |||
| Cash Per Share | 0.06 X | |||
| Total Debt | 2.49 M | |||
| Debt To Equity | 8.26 % | |||
| Book Value Per Share | (0.09) X | |||
| Cash Flow From Operations | 251.71 K | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 9.47 M | |||
About Novra Technologies Performance
By analyzing Novra Technologies' fundamental ratios, stakeholders can gain valuable insights into Novra Technologies' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. 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.
Novra Technologies Inc., together with its subsidiaries, provides hardware, software, and services for the distribution of satellite data in Canada, North America, Central America, South America, Europe, the Middle East, Africa, East Asia, South Asia, Southeast Asia, and Oceania. The company was founded in 2000 and is headquartered in Winnipeg, Canada. Novra Technologies operates under Communication Equipment classification in the United States and is traded on OTC 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. OTC 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 is way too risky over 90 days horizon | |
| Novra Technologies has some characteristics of a very speculative penny stock | |
| Novra Technologies appears to be risky and price may revert if volatility continues | |
| Novra Technologies has high likelihood to experience some financial distress in the next 2 years | |
| Novra Technologies has accumulated 2.49 M in total debt with debt to equity ratio (D/E) of 8.26, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Novra Technologies has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Novra Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Novra Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Novra Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novra to invest in growth at high rates of return. When we think about Novra Technologies' use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 7.21 M. Net Loss for the year was (118.75 K) with profit before overhead, payroll, taxes, and interest of 2.4 M. | |
| About 18.0% of Novra Technologies 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 OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Novra Technologies' otc stock. These opinions can provide insight into Novra Technologies' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Novra OTC 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.
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