Novanta Graham Number from 2010 to 2024

NOVT Stock  USD 164.03  2.59  1.55%   
Novanta Graham Number yearly trend continues to be comparatively stable with very little volatility. Graham Number will likely drop to 24.29 in 2024. From the period from 2010 to 2024, Novanta Graham Number quarterly data regression had r-value of  0.65 and coefficient of variation of  42.05. View All Fundamentals
 
Graham Number  
First Reported
2010-12-31
Previous Quarter
29.31763383
Current Value
24.29
Quarterly Volatility
7.35112863
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novanta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novanta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.7 M, Interest Expense of 27.1 M or Total Revenue of 925.7 M, as well as many indicators such as Price To Sales Ratio of 7.19, Dividend Yield of 0.0 or PTB Ratio of 9.41. Novanta financial statements analysis is a perfect complement when working with Novanta Valuation or Volatility modules.
  
Check out the analysis of Novanta Correlation against competitors.
For more information on how to buy Novanta Stock please use our How to Invest in Novanta guide.

Latest Novanta's Graham Number Growth Pattern

Below is the plot of the Graham Number of Novanta over the last few years. It is Novanta's Graham Number historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novanta's overall financial position and show how it may be relating to other accounts over time.
Graham Number10 Years Trend
Slightly volatile
   Graham Number   
       Timeline  

Novanta Graham Number Regression Statistics

Arithmetic Mean17.48
Geometric Mean15.88
Coefficient Of Variation42.05
Mean Deviation6.09
Median18.27
Standard Deviation7.35
Sample Variance54.04
Range23.463
R-Value0.65
Mean Square Error33.54
R-Squared0.42
Significance0.01
Slope1.07
Total Sum of Squares756.55

Novanta Graham Number History

2024 24.29
2023 29.32
2022 27.52
2021 21.71
2020 19.67
2019 17.66
2018 18.27

About Novanta Financial Statements

Novanta shareholders use historical fundamental indicators, such as Graham Number, to determine how well the company is positioned to perform in the future. Although Novanta investors may analyze each financial statement separately, they are all interrelated. The changes in Novanta's assets and liabilities, for example, are also reflected in the revenues and expenses on on Novanta's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Graham Number 29.32  24.29 

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Additional 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.