Nova Mentis Life Stock Analysis
| NMLSF Stock | USD 0.03 0 11.24% |
Nova Mentis Life is overvalued with Real Value of 0.0292 and Hype Value of 0.04. The main objective of Nova Mentis pink sheet analysis is to determine its intrinsic value, which is an estimate of what Nova Mentis Life is worth, separate from its market price. There are two main types of Nova Mentis' stock analysis: fundamental analysis and technical analysis.
The Nova Mentis pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Nova Mentis' ongoing operational relationships across important fundamental and technical indicators.
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Nova Pink Sheet Analysis Notes
The company recorded a loss per share of 0.02. Nova Mentis Life last dividend was issued on the 26th of June 2020. The entity had 1:4 split on the 26th of June 2020. Nova Mentis Life Science Corp., through its subsidiaries, engages in developing diagnostics and psilocybin based therapeutics for neuroinflammatory conditions with a focus on autism spectrum disorder and fragile X syndrome in Canada. Nova Mentis Life Science Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada. Nova Mentis is traded on OTC Exchange in the United States.The quote for Nova Mentis Life is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Nova Mentis Life contact William Rascan at 778 819 0244 or learn more at https://www.novamentis.ca.Nova Mentis Life Investment Alerts
| Nova Mentis Life is way too risky over 90 days horizon | |
| Nova Mentis Life has some characteristics of a very speculative penny stock | |
| Nova Mentis Life appears to be risky and price may revert if volatility continues | |
| Nova Mentis Life has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (2.68 M) with loss before overhead, payroll, taxes, and interest of (5.44 K). | |
| Nova Mentis Life has accumulated about 634.36 K in cash with (1.95 M) of positive cash flow from operations. |
Nova Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 7.7 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nova Mentis's market, we take the total number of its shares issued and multiply it by Nova Mentis's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 1st of February, Nova Mentis secures the Mean Deviation of 41.4, risk adjusted performance of 0.1215, and Downside Deviation of 37.79. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nova Mentis Life, as well as the relationship between them. Please verify Nova Mentis Life jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Nova Mentis Life is priced some-what accurately, providing market reflects its recent price of 0.0316 per share. As Nova Mentis Life appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.Nova Mentis Life Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nova Mentis middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nova Mentis Life. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nova Mentis Predictive Daily Indicators
Nova Mentis intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nova Mentis pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.89 | |||
| Day Median Price | 0.0316 | |||
| Day Typical Price | 0.0316 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0) |
Nova Mentis Forecast Models
Nova Mentis' time-series forecasting models are one of many Nova Mentis' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nova Mentis' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Nova Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Nova Mentis prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nova shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Nova Mentis. By using and applying Nova Pink Sheet analysis, traders can create a robust methodology for identifying Nova entry and exit points for their positions.
Nova Mentis Life Science Corp., through its subsidiaries, engages in developing diagnostics and psilocybin based therapeutics for neuroinflammatory conditions with a focus on autism spectrum disorder and fragile X syndrome in Canada. Nova Mentis Life Science Corp. was incorporated in 2004 and is headquartered in Vancouver, Canada. Nova Mentis is traded on OTC Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Nova Mentis to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Nova Mentis' price analysis, check to measure Nova Mentis' 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 Mentis is operating at the current time. Most of Nova Mentis' value examination focuses on studying past and present price action to predict the probability of Nova Mentis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Mentis' price. Additionally, you may evaluate how the addition of Nova Mentis to your portfolios can decrease your overall portfolio volatility.
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