Nova Minerals Limited Stock Analysis
| NVAWW Stock | 5.75 0.13 2.31% |
Nova Minerals Limited is overvalued with Real Value of 4.66 and Hype Value of 5.75. The main objective of Nova Minerals stock analysis is to determine its intrinsic value, which is an estimate of what Nova Minerals Limited is worth, separate from its market price. There are two main types of Nova Minerals' stock analysis: fundamental analysis and technical analysis.
The Nova Minerals 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 Minerals is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Nova Stock trading window is adjusted to America/New York timezone.
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Nova Stock Analysis Notes
The company had not issued any dividends in recent years. To find out more about Nova Minerals Limited contact Christopher Gerteisen at 61 3 9537 1238 or learn more at https://novaminerals.com.au.Nova Minerals Limited Investment Alerts
| Nova Minerals is way too risky over 90 days horizon | |
| Nova Minerals appears to be risky and price may revert if volatility continues | |
| Nova Minerals has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (16.28 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Nova Minerals generates negative cash flow from operations | |
| Latest headline from news.google.com: Nebari Gold Fund Acquires Substantial Stake in Nova Minerals - TipRanks |
Nova Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.12 | 0.11 | |
| Return On Capital Employed | 0.21 | 0.22 | |
| Return On Assets | 0.12 | 0.11 | |
| Return On Equity | 0.17 | 0.16 |
Technical Drivers
As of the 31st of January, Nova Minerals secures the Risk Adjusted Performance of 0.1743, mean deviation of 10.84, and Downside Deviation of 11.63. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nova Minerals Limited, as well as the relationship between them. Please verify Nova Minerals Limited jensen alpha and semi variance to decide if Nova Minerals Limited is priced some-what accurately, providing market reflects its recent price of 5.75 per share. Given that Nova Minerals Limited has jensen alpha of 2.9, we recommend you to check Nova Minerals's last-minute market performance to make sure the company can sustain itself at a future point.Nova Minerals Limited Price Movement Analysis
The output start index for this execution was fourty-four with a total number of output elements of seventeen. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nova Minerals 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 Minerals Limited. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nova Minerals Predictive Daily Indicators
Nova Minerals 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 Minerals 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.
| Accumulation Distribution | 17780.22 | |||
| Daily Balance Of Power | 0.0929 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 5.7 | |||
| Day Typical Price | 5.72 | |||
| Price Action Indicator | 0.11 | |||
| Period Momentum Indicator | 0.13 |
Nova Minerals Corporate Filings
| 30th of January 2025 Other Reports | ViewVerify | |
6K | 23rd of January 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 17th of January 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 14th of January 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 13th of January 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 8th of January 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 2nd of January 2025 Other Reports | ViewVerify | |
6K | 11th of December 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Nova Minerals Forecast Models
Nova Minerals' time-series forecasting models are one of many Nova Minerals' 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 Minerals' 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 Minerals 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 Minerals. By using and applying Nova Stock analysis, traders can create a robust methodology for identifying Nova entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.43 | 0.46 | |
| Operating Profit Margin | 0.47 | 0.49 | |
| Net Profit Margin | 0.33 | 0.35 | |
| Gross Profit Margin | 0.73 | 0.59 |
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 Minerals to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for Nova Stock Analysis
When running Nova Minerals' price analysis, check to measure Nova Minerals' 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 Minerals is operating at the current time. Most of Nova Minerals' value examination focuses on studying past and present price action to predict the probability of Nova Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Minerals' price. Additionally, you may evaluate how the addition of Nova Minerals to your portfolios can decrease your overall portfolio volatility.