Novanta (Germany) Technical Analysis
| 1GSN Stock | EUR 115.00 2.00 1.77% |
As of the 5th of February, Novanta secures the Risk Adjusted Performance of 0.038, mean deviation of 2.23, and Downside Deviation of 4.18. Novanta technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Novanta standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Novanta is priced some-what accurately, providing market reflects its recent price of 115.0 per share.
Novanta Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Novanta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NovantaNovanta |
Novanta 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Novanta's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Novanta.
| 11/07/2025 |
| 02/05/2026 |
If you would invest 0.00 in Novanta on November 7, 2025 and sell it all today you would earn a total of 0.00 from holding Novanta or generate 0.0% return on investment in Novanta over 90 days. Novanta is related to or competes with Perseus Mining, SALESFORCE INC, FAST RETAIL, Tradeweb Markets, Zijin Mining, British American, and Fast Retailing. Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision... More
Novanta Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Novanta's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Novanta upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.18 | |||
| Information Ratio | 0.0222 | |||
| Maximum Drawdown | 21.82 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 4.09 |
Novanta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novanta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Novanta's standard deviation. In reality, there are many statistical measures that can use Novanta historical prices to predict the future Novanta's volatility.| Risk Adjusted Performance | 0.038 | |||
| Jensen Alpha | 0.099 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0182 | |||
| Treynor Ratio | 0.2239 |
Novanta February 5, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.038 | |||
| Market Risk Adjusted Performance | 0.2339 | |||
| Mean Deviation | 2.23 | |||
| Semi Deviation | 3.32 | |||
| Downside Deviation | 4.18 | |||
| Coefficient Of Variation | 2444.78 | |||
| Standard Deviation | 3.44 | |||
| Variance | 11.85 | |||
| Information Ratio | 0.0222 | |||
| Jensen Alpha | 0.099 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0182 | |||
| Treynor Ratio | 0.2239 | |||
| Maximum Drawdown | 21.82 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 4.09 | |||
| Downside Variance | 17.5 | |||
| Semi Variance | 11.04 | |||
| Expected Short fall | (2.68) | |||
| Skewness | (0.76) | |||
| Kurtosis | 7.06 |
Novanta Backtested Returns
Novanta appears to be very steady, given 3 months investment horizon. Novanta has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Novanta, which you can use to evaluate the volatility of the firm. Please exercise Novanta's Downside Deviation of 4.18, mean deviation of 2.23, and Risk Adjusted Performance of 0.038 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Novanta holds a performance score of 11. The company secures a Beta (Market Risk) of 0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Novanta's returns are expected to increase less than the market. However, during the bear market, the loss of holding Novanta is expected to be smaller as well. Please check Novanta's information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Novanta's current price movements will revert.
Auto-correlation | 0.61 |
Good predictability
Novanta has good predictability. Overlapping area represents the amount of predictability between Novanta time series from 7th of November 2025 to 22nd of December 2025 and 22nd of December 2025 to 5th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Novanta price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current Novanta price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 44.07 |
Novanta technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Novanta Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Novanta volatility. High ATR values indicate high volatility, and low values indicate low volatility.
About Novanta Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Novanta on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Novanta based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Novanta price pattern first instead of the macroeconomic environment surrounding Novanta. By analyzing Novanta's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Novanta's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Novanta specific price patterns or momentum indicators. Please read more on our technical analysis page.
Novanta February 5, 2026 Technical Indicators
Most technical analysis of Novanta 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 Novanta from various momentum indicators to cycle indicators. When you analyze Novanta charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.038 | |||
| Market Risk Adjusted Performance | 0.2339 | |||
| Mean Deviation | 2.23 | |||
| Semi Deviation | 3.32 | |||
| Downside Deviation | 4.18 | |||
| Coefficient Of Variation | 2444.78 | |||
| Standard Deviation | 3.44 | |||
| Variance | 11.85 | |||
| Information Ratio | 0.0222 | |||
| Jensen Alpha | 0.099 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0182 | |||
| Treynor Ratio | 0.2239 | |||
| Maximum Drawdown | 21.82 | |||
| Value At Risk | (3.76) | |||
| Potential Upside | 4.09 | |||
| Downside Variance | 17.5 | |||
| Semi Variance | 11.04 | |||
| Expected Short fall | (2.68) | |||
| Skewness | (0.76) | |||
| Kurtosis | 7.06 |
Novanta February 5, 2026 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Novanta stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 115.00 | ||
| Day Typical Price | 115.00 | ||
| Price Action Indicator | 1.00 |
Complementary Tools for Novanta Stock analysis
When running Novanta's price analysis, check to measure Novanta'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 Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.
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