Nova Minerals (Germany) Analysis

Nova Stock Analysis Notes

About 22.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.49. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nova Minerals Limited had not issued any dividends in recent years. The entity had 1:10 split on the 29th of November 2021. Nova Minerals Limited engages in the mineral exploration activities in the United States, Australia, and Canada. Nova Minerals Limited was incorporated in 1987 and is based in Melbourne, Australia. NOVA MINERALS operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange. 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 Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 79.69 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nova Minerals's market, we take the total number of its shares issued and multiply it by Nova Minerals'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 19th of December, Nova Minerals secures the Mean Deviation of 5.82, downside deviation of 9.74, and Risk Adjusted Performance of 0.1181. 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 treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Nova Minerals Limited is priced some-what accurately, providing market reflects its recent price of 0.16 per share.

Nova Minerals Limited Price Movement Analysis

Nova Minerals Outstanding Bonds

Nova Minerals Predictive Daily Indicators

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.

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.

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.