Novo Resources Corp Stock Statistic Functions Standard Deviation

NVO Stock  CAD 0.07  0.01  7.14%   
Novo Resources statistic functions tool provides the execution environment for running the Standard Deviation function and other technical functions against Novo Resources. Novo Resources value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Standard Deviation function function is designed to identify and follow existing trends. Novo Resources statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period and Deviations to execute this module.

Function
Time Period
Deviations
Execute Function
The output start index for this execution was thirteen with a total number of output elements of fourty-eight. Novo Resources Corp Standard Deviation measures the spread of Novo Resources time series from expected value (the mean).

Novo Resources Technical Analysis Modules

Most technical analysis of Novo Resources help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Novo from various momentum indicators to cycle indicators. When you analyze Novo charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Novo Resources Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Novo Resources Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Novo Resources Corp based on widely used predictive technical indicators. In general, we focus on analyzing Novo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Novo Resources's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Novo Resources's intrinsic value. In addition to deriving basic predictive indicators for Novo Resources, we also check how macroeconomic factors affect Novo Resources price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Days Sales Outstanding10.2611.816.6
PTB Ratio0.381.372.29
Hype
Prediction
LowEstimatedHigh
0.000.084.64
Details
Intrinsic
Valuation
LowRealHigh
0.000.074.63
Details
Naive
Forecast
LowNextHigh
00.074.63
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.070.080.08
Details

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Other Information on Investing in Novo Stock

Novo Resources financial ratios help investors to determine whether Novo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Novo with respect to the benefits of owning Novo Resources security.