Nova Leap Health Stock Analysis
| NVLPF Stock | USD 0.18 0.03 14.29% |
Nova Leap Health is overvalued with Real Value of 0.16 and Hype Value of 0.18. The main objective of Nova Leap otc analysis is to determine its intrinsic value, which is an estimate of what Nova Leap Health is worth, separate from its market price. There are two main types of Nova Leap's stock analysis: fundamental analysis and technical analysis.
The Nova Leap otc stock is traded in the USA on OTCQX 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 Leap's ongoing operational relationships across important fundamental and technical indicators.
Nova |
Nova OTC Stock Analysis Notes
About 36.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.12. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nova Leap Health had not issued any dividends in recent years. Nova Leap Health Corp. provides home and home health care services in the United States and Canada. Nova Leap Health Corp. was incorporated in 2015 and is headquartered in Halifax, Canada. Nova Leap is traded on OTC Exchange in the United States.The quote for Nova Leap Health is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Nova Leap Health contact the company at 902 401 9480 or learn more at https://novaleaphealth.com.Nova Leap Health Investment Alerts
| Nova Leap Health had very high historical volatility over the last 90 days | |
| Nova Leap Health has some characteristics of a very speculative penny stock | |
| Nova Leap Health has accumulated 896.13 K in total debt with debt to equity ratio (D/E) of 0.33, which is about average as compared to similar companies. Nova Leap Health has a current ratio of 0.85, 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 Nova Leap until it has trouble settling it off, either with new capital or with free cash flow. So, Nova Leap'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 Nova Leap Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nova to invest in growth at high rates of return. When we think about Nova Leap's use of debt, we should always consider it together with cash and equity. | |
| About 36.0% of Nova Leap outstanding shares are owned by corporate insiders |
Nova Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 16.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nova Leap's market, we take the total number of its shares issued and multiply it by Nova Leap'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.Nova Profitablity
Nova Leap's profitability indicators refer to fundamental financial ratios that showcase Nova Leap's ability to generate income relative to its revenue or operating costs. If, let's say, Nova Leap is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nova Leap's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nova Leap's profitability requires more research than a typical breakdown of Nova Leap's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.02) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.04) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.04. Technical Drivers
As of the 23rd of November, Nova Leap secures the Risk Adjusted Performance of 0.0463, mean deviation of 4.01, and Downside Deviation of 14.71. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nova Leap Health, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate data for nineteen technical drivers for Nova Leap, which can be compared to its peers in the industry. Please verify Nova Leap Health jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Nova Leap Health is priced some-what accurately, providing market reflects its recent price of 0.18 per share. As Nova Leap Health appears to be a penny stock we also strongly suggest to check its total risk alpha numbers.Nova Leap Health 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 Leap 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 Leap Health. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nova Leap Predictive Daily Indicators
Nova Leap 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 Leap otc 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.86 | |||
| Day Median Price | 0.18 | |||
| Day Typical Price | 0.18 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.03) | |||
| Relative Strength Index | 99.02 |
Nova Leap Forecast Models
Nova Leap's time-series forecasting models are one of many Nova Leap's otc 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 Leap'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 OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Nova Leap 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 otc 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 OTC such as Nova Leap. By using and applying Nova OTC Stock analysis, traders can create a robust methodology for identifying Nova entry and exit points for their positions.
Nova Leap Health Corp. provides home and home health care services in the United States and Canada. Nova Leap Health Corp. was incorporated in 2015 and is headquartered in Halifax, Canada. Nova Leap is traded on OTC Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Nova Leap to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Nova OTC Stock analysis
When running Nova Leap's price analysis, check to measure Nova Leap'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 Leap is operating at the current time. Most of Nova Leap's value examination focuses on studying past and present price action to predict the probability of Nova Leap'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 Leap's price. Additionally, you may evaluate how the addition of Nova Leap to your portfolios can decrease your overall portfolio volatility.
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