Nova Royalty Corp Probability of Future OTC Stock Price Finishing Under 1.04
| NOVRFDelisted Stock | USD 1.23 0.01 0.81% |
Nova |
Nova Royalty Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Nova Royalty for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Nova Royalty Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Nova Royalty Corp is not yet fully synchronised with the market data | |
| Nova Royalty Corp may become a speculative penny stock | |
| Nova Royalty Corp has a very high chance of going through financial distress in the upcoming years | |
| Nova Royalty Corp has accumulated 4.9 M in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Nova Royalty Corp has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nova Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, Nova Royalty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nova Royalty Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nova to invest in growth at high rates of return. When we think about Nova Royalty's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 703.04 K. Net Loss for the year was (9.42 M) with profit before overhead, payroll, taxes, and interest of 703.04 K. | |
| Nova Royalty Corp has accumulated about 936.58 K in cash with (4.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 21.0% of Nova Royalty outstanding shares are owned by corporate insiders |
Nova Royalty Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Nova OTC Stock often depends not only on the future outlook of the current and potential Nova Royalty's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Nova Royalty's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 84.2 M |
Nova Royalty Technical Analysis
Nova Royalty's future price can be derived by breaking down and analyzing its technical indicators over time. Nova OTC Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Nova Royalty Corp. In general, you should focus on analyzing Nova OTC Stock price patterns and their correlations with different microeconomic environments and drivers.
Nova Royalty Predictive Forecast Models
Nova Royalty's time-series forecasting models is one of many Nova Royalty's otc stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary Nova Royalty's 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 otc stock market movement and maximize returns from investment trading.
Things to note about Nova Royalty Corp
Checking the ongoing alerts about Nova Royalty for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Nova Royalty Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Nova Royalty Corp is not yet fully synchronised with the market data | |
| Nova Royalty Corp may become a speculative penny stock | |
| Nova Royalty Corp has a very high chance of going through financial distress in the upcoming years | |
| Nova Royalty Corp has accumulated 4.9 M in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Nova Royalty Corp has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nova Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, Nova Royalty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nova Royalty Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nova to invest in growth at high rates of return. When we think about Nova Royalty's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 703.04 K. Net Loss for the year was (9.42 M) with profit before overhead, payroll, taxes, and interest of 703.04 K. | |
| Nova Royalty Corp has accumulated about 936.58 K in cash with (4.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
| Roughly 21.0% of Nova Royalty outstanding shares are owned by corporate insiders |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Other Consideration for investing in Nova OTC Stock
If you are still planning to invest in Nova Royalty Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nova Royalty's history and understand the potential risks before investing.
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