Nova Income Quality from 2010 to 2024

NOVV Stock  USD 37.00  0.00  0.00%   
Nova Vision Income Quality yearly trend continues to be fairly stable with very little volatility. Income Quality is likely to outpace its year average in 2024. Income Quality is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. View All Fundamentals
 
Income Quality  
First Reported
2010-12-31
Previous Quarter
(3.06)
Current Value
(2.91)
Quarterly Volatility
2.695205
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Vision financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Vision's main balance sheet or income statement drivers, such as Depreciation And Amortization of 591 K, Interest Expense of 1.5 M or Selling General Administrative of 537.2 K, as well as many indicators such as Price To Sales Ratio of 86.99, Dividend Yield of 0.0 or PTB Ratio of 1.9. Nova financial statements analysis is a perfect complement when working with Nova Vision Valuation or Volatility modules.
  
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.

Latest Nova Vision's Income Quality Growth Pattern

Below is the plot of the Income Quality of Nova Vision Acquisition over the last few years. It is an assessment of the sustainability of a company's earnings over time, considering factors like revenue source diversification and cost structure. Nova Vision's Income Quality historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Vision's overall financial position and show how it may be relating to other accounts over time.
Income Quality10 Years Trend
Very volatile
   Income Quality   
       Timeline  

Nova Income Quality Regression Statistics

Arithmetic Mean1.26
Geometric Mean1.65
Coefficient Of Variation214.18
Mean Deviation1.13
Median1.29
Standard Deviation2.70
Sample Variance7.26
Range12.4229
R-Value(0.09)
Mean Square Error7.76
R-Squared0.01
Significance0.75
Slope(0.05)
Total Sum of Squares101.70

Nova Income Quality History

2024 -2.91
2023 -3.06
2022 9.36

About Nova Vision Financial Statements

Nova Vision investors use historical fundamental indicators, such as Nova Vision's Income Quality, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nova Vision. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Quality(3.06)(2.91)

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Additional Tools for Nova Stock Analysis

When running Nova Vision's price analysis, check to measure Nova Vision'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 Vision is operating at the current time. Most of Nova Vision's value examination focuses on studying past and present price action to predict the probability of Nova Vision'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 Vision's price. Additionally, you may evaluate how the addition of Nova Vision to your portfolios can decrease your overall portfolio volatility.