Novation Hldgs Return On Asset vs. Beta
| NOHO Stock | USD 0.0001 0.00 0.00% |
For Novation Hldgs profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Novation Hldgs to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Novation Hldgs utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Novation Hldgs's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Novation Hldgs over time as well as its relative position and ranking within its peers.
Novation |
Novation Hldgs Beta vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Novation Hldgs's current stock value. Our valuation model uses many indicators to compare Novation Hldgs value to that of its competitors to determine the firm's financial worth. Novation Hldgs is regarded fifth in return on asset category among its peers. It is rated below average in beta category among its peers . Comparative valuation analysis is a catch-all model that can be used if you cannot value Novation Hldgs by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Novation Hldgs' Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Novation Beta vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Novation Hldgs |
| = | -0.22 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Novation Hldgs |
| = | -16.88 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Novation Beta Comparison
Novation Hldgs is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, returns on owning Novation Hldgs are expected to decrease by larger amounts. On the other hand, during market turmoil, Novation Hldgs is expected to outperform it.
Novation Hldgs Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Novation Hldgs, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Novation Hldgs will eventually generate negative long term returns. The profitability progress is the general direction of Novation Hldgs' change in net profit over the period of time. It can combine multiple indicators of Novation Hldgs, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Dragon Life Science Holdings Group, Inc. operates as regional Internet service provider. The company was founded in 1998 and is headquartered in New York, New York. Allezoe Medical operates under Shell Companies classification in the United States and is traded on OTC Exchange.
Novation Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Novation Hldgs. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Novation Hldgs position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Novation Hldgs' important profitability drivers and their relationship over time.
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Other Information on Investing in Novation Pink Sheet
To fully project Novation Hldgs' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Novation Hldgs at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Novation Hldgs' income statement, its balance sheet, and the statement of cash flows.