Nova Vision Acquisition Stock Analysis

NOVV Stock  USD 37.00  0.00  0.00%   
Nova Vision Acquisition is fairly valued with Real Value of 37.74 and Hype Value of 37.0. The main objective of Nova Vision stock analysis is to determine its intrinsic value, which is an estimate of what Nova Vision Acquisition is worth, separate from its market price. There are two main types of Nova Vision's stock analysis: fundamental analysis and technical analysis.
The Nova Vision stock is traded in the USA on NASDAQ 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. Nova Vision is usually not traded on Memorial Day, Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday. Nova Stock trading window is adjusted to America/New York timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova Vision Acquisition. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Nova Stock Analysis Notes

About 95.0% of the company outstanding shares are owned by corporate insiders. The company had not issued any dividends in recent years. Nova Vision Acquisition Corporation does not have significant operations. Nova Vision Acquisition Corporation was incorporated in 2021 and is based in Singapore, Singapore. Nova Vision is traded on NASDAQ Exchange in the United States. To find out more about Nova Vision Acquisition contact Ping Wong at 65 8718 3000 or learn more at https://www.novavisionacquisition.com.

Nova Vision Acquisition Investment Alerts

Nova Vision is way too risky over 90 days horizon
Nova Vision appears to be risky and price may revert if volatility continues
Nova Vision Acquisition currently holds about 567.98 K in cash with (569.87 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Nova Vision has a frail financial position based on the latest SEC disclosures
Roughly 95.0% of the company outstanding shares are owned by corporate insiders
Latest headline from MacroaxisInsider: Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3

Nova Vision Acquisition Upcoming and Recent Events

29th of March 2024
Upcoming Quarterly Report
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31st of December 2023
Next Fiscal Quarter End
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Nova Vision Environmental, Social, and Governance (ESG) Scores

Nova Vision's ESG score is a quantitative measure that evaluates Nova Vision's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Nova Vision's operations that may have significant financial implications and affect Nova Vision's stock price as well as guide investors towards more socially responsible investments.

Nova Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Periscope Capital Inc.2024-06-30
0.0
Wolverine Asset Management Llc2024-09-30
0.0
Quarry Lp2024-06-30
0.0
Yakira Capital Management, Inc.2024-06-30
330 K
Berkley W R Corp2024-06-30
236.6 K
Polar Asset Management Partners2024-06-30
150 K
Walleye Trading Advisors, Llc2024-06-30
96.5 K
Glazer Capital, Llc2024-06-30
76.8 K
Walleye Trading Llc2024-06-30
54.3 K
Warberg Asset Management Llc2024-06-30
40.8 K
Skyview Investment Advisors, Llc2024-06-30
35 K
Note, although Nova Vision's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Nova Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 73.19 M.

Nova Profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed(0.05)(0.05)
Return On Assets 0.01  0.01 
Return On Equity 0.01  0.01 

Management Efficiency

Nova Vision Acquisition has return on total asset (ROA) of (0.0275) % which means that it has lost $0.0275 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0309) %, meaning that it created substantial loss on money invested by shareholders. Nova Vision's management efficiency ratios could be used to measure how well Nova Vision manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Nova Vision's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to climb to 0.01 in 2024, despite the fact that Return On Capital Employed is likely to grow to (0.05). At this time, Nova Vision's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 25.2 M in 2024, whereas Other Current Assets are likely to drop 8,886 in 2024.
Last ReportedProjected for Next Year
Book Value Per Share 4.29  4.07 
Tangible Book Value Per Share 4.29  4.07 
Enterprise Value Over EBITDA 283.23  297.39 
Price Book Value Ratio 2.67  1.90 
Enterprise Value Multiple 283.23  297.39 
Price Fair Value 2.67  1.90 
Enterprise Value65.9 M36 M
The leadership approach at Nova Vision's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Beta
0.296
Return On Assets
(0.03)
Return On Equity
(0.03)

Technical Drivers

As of the 24th of November, Nova Vision secures the Standard Deviation of 24.65, mean deviation of 6.02, and Risk Adjusted Performance of 0.1047. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nova Vision Acquisition, as well as the relationship between them. Please verify Nova Vision Acquisition market risk adjusted performance and treynor ratio to decide if Nova Vision Acquisition is priced some-what accurately, providing market reflects its recent price of 37.0 per share. Given that Nova Vision Acquisition has information ratio of 0.1186, we recommend you to check Nova Vision's last-minute market performance to make sure the company can sustain itself at a future point.

Nova Vision Acquisition Price Movement Analysis

The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nova Vision 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 Vision Acquisition. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Nova Vision Acquisition Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Nova Vision insiders, such as employees or executives, is commonly permitted as long as it does not rely on Nova Vision's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Nova Vision insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Barclays Plc a day ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc 2 days ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc 3 days ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc few days ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc few days ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc six days ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc over a week ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc over a week ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc over a week ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc over a week ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc over a week ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3
 
Barclays Plc over a week ago
Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3

Nova Vision Outstanding Bonds

Nova Vision issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nova Vision Acquisition uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nova bonds can be classified according to their maturity, which is the date when Nova Vision Acquisition has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Nova Vision Predictive Daily Indicators

Nova Vision 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 Vision stock 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.

Nova Vision Corporate Filings

20th of November 2024
Other Reports
ViewVerify
19th of November 2024
Other Reports
ViewVerify
10Q
18th of November 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
8K
8th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
23rd of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
10th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
12th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Nova Vision Forecast Models

Nova Vision's time-series forecasting models are one of many Nova Vision's stock 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 Vision's 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 Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nova Vision 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 stock 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 Stock such as Nova Vision. By using and applying Nova Stock analysis, traders can create a robust methodology for identifying Nova entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.16  0.17 
Operating Profit Margin(0.84)(0.88)
Net Profit Margin 0.16  0.17 

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 stock analysis tools, you can find out how much better you can do when adding Nova Vision to your portfolios without increasing risk or reducing expected return.

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Additional Tools for Nova Stock Analysis

When running Nova Vision's price analysis, check to measure Nova Vision's 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 Vision is operating at the current time. Most of Nova Vision's value examination focuses on studying past and present price action to predict the probability of Nova Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Vision's price. Additionally, you may evaluate how the addition of Nova Vision to your portfolios can decrease your overall portfolio volatility.