NovX21 Inc 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 NovX21 are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days NovX21 Inc has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable primary indicators, NovX21 is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
NovX21 |
NovX21 Relative Risk vs. Return Landscape
If you would invest (100.00) in NovX21 Inc on October 4, 2025 and sell it today you would earn a total of 100.00 from holding NovX21 Inc or generate -100.0% return on investment over 90 days. NovX21 Inc is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than NovX21, 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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NovX21 Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NovX21's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as NovX21 Inc, and traders can use it to determine the average amount a NovX21'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 NovX21 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 NovX21 by adding NovX21 to a well-diversified portfolio.
NovX21 Fundamentals Growth
NovX21 Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of NovX21, and NovX21 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 NovX21 Pink Sheet performance.
| Return On Equity | -0.0557 | |||
| Return On Asset | -0.0321 | |||
| Current Valuation | (3.06 K) | |||
| Shares Outstanding | 104.01 M | |||
| EBITDA | (745.02 K) | |||
| Cash And Equivalents | 13.46 K | |||
| Book Value Per Share | 0.12 X | |||
| Cash Flow From Operations | (1.2 M) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 14.31 M | |||
About NovX21 Performance
By analyzing NovX21's fundamental ratios, stakeholders can gain valuable insights into NovX21's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if NovX21 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 NovX21 has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
NovX21 Inc. operates an industrial prototype plant for the recovery of platinum group elements. NovX21 Inc. was founded in 1986 and is based in Montreal, Canada. Novx21 is traded on OTC Exchange in the United States.Things to note about NovX21 Inc performance evaluation
Checking the ongoing alerts about NovX21 for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for NovX21 Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NovX21 Inc is not yet fully synchronised with the market data | |
| NovX21 Inc has some characteristics of a very speculative penny stock | |
| NovX21 Inc has a very high chance of going through financial distress in the upcoming years | |
| The company has a current ratio of 0.65, 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 NovX21 until it has trouble settling it off, either with new capital or with free cash flow. So, NovX21's 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 NovX21 Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NovX21 to invest in growth at high rates of return. When we think about NovX21's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.41 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NovX21 Inc has accumulated about 13.46 K in cash with (1.2 M) of positive cash flow from operations. |
- Analyzing NovX21'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 NovX21's stock is overvalued or undervalued compared to its peers.
- Examining NovX21'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 NovX21's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NovX21's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NovX21's pink sheet. These opinions can provide insight into NovX21's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center 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 industry. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Other Consideration for investing in NovX21 Pink Sheet
If you are still planning to invest in NovX21 Inc 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 NovX21's history and understand the potential risks before investing.
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