Novatech Industries (France) Buy Hold or Sell Recommendation
| MLNOV Stock | EUR 10.50 0.00 0.00% |
Assuming the 90 days trading horizon and complete risk avoidance on your part, our recommendation regarding Novatech Industries SA is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Novatech Industries SA given historical horizon and risk tolerance towards Novatech Industries. When Macroaxis issues a 'buy' or 'sell' recommendation for Novatech Industries SA, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Novatech Industries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Novatech and provide practical buy, sell, or hold advice based on investors' constraints. Novatech Industries SA. 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.
Novatech |
Execute Novatech Industries Buy or Sell Advice
The Novatech recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Novatech Industries SA. Macroaxis does not own or have any residual interests in Novatech Industries SA or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Novatech Industries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Novatech Industries Trading Alerts and Improvement Suggestions
| Novatech Industries had very high historical volatility over the last 90 days | |
| The company reported the revenue of 47.69 M. Net Loss for the year was (142 K) with profit before overhead, payroll, taxes, and interest of 15.13 M. |
Novatech Industries Returns Distribution Density
The distribution of Novatech Industries' historical returns is an attempt to chart the uncertainty of Novatech Industries' future price movements. The chart of the probability distribution of Novatech Industries daily returns describes the distribution of returns around its average expected value. We use Novatech Industries SA price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Novatech Industries returns is essential to provide solid investment advice for Novatech Industries.
| Mean Return | 0.35 | Value At Risk | -0.94 | Potential Upside | 10.00 | Standard Deviation | 4.64 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Novatech Industries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Novatech Industries Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Novatech Industries or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Novatech Industries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Novatech stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.39 | |
β | Beta against Dow Jones | -0.39 | |
σ | Overall volatility | 4.64 | |
Ir | Information ratio | 0.04 |
Novatech Industries Volatility Alert
Novatech Industries SA exhibits very low volatility with skewness of 0.87 and kurtosis of 9.8. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Novatech Industries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Novatech Industries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Novatech Industries Fundamentals Vs Peers
Comparing Novatech Industries' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Novatech Industries' direct or indirect competition across all of the common fundamentals between Novatech Industries and the related equities. This way, we can detect undervalued stocks with similar characteristics as Novatech Industries or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Novatech Industries' fundamental indicators could also be used in its relative valuation, which is a method of valuing Novatech Industries by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Novatech Industries to competition |
| Fundamentals | Novatech Industries | Peer Average |
| Return On Equity | 0.27 | -0.31 |
| Return On Asset | 0.0354 | -0.14 |
| Profit Margin | 0.04 % | (1.27) % |
| Operating Margin | 0.04 % | (5.51) % |
| Current Valuation | 2.65 B | 16.62 B |
| Shares Outstanding | 1.01 M | 571.82 M |
| Price To Earning | 2.69 X | 28.72 X |
| Price To Sales | 0.41 X | 11.42 X |
| Revenue | 47.69 M | 9.43 B |
| Gross Profit | 15.13 M | 27.38 B |
| EBITDA | 2.64 M | 3.9 B |
| Net Income | (142 K) | 570.98 M |
| Current Ratio | 1.70 X | 2.16 X |
| Book Value Per Share | 8.75 X | 1.93 K |
| Cash Flow From Operations | 2.17 M | 971.22 M |
| Earnings Per Share | (0.14) X | 3.12 X |
| Number Of Employees | 298 | 18.84 K |
| Beta | 0.45 | -0.15 |
| Market Capitalization | 8.13 M | 19.03 B |
| Total Asset | 8 M | 29.47 B |
| Working Capital | 2 M | 1.48 B |
| Current Asset | 6 M | 9.34 B |
| Current Liabilities | 4 M | 7.9 B |
| Z Score | 5.0 | 8.72 |
Novatech Industries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Novatech . With many 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.
About Novatech Industries Buy or Sell Advice
When is the right time to buy or sell Novatech Industries SA? Buying financial instruments such as Novatech Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Novatech Stock Analysis
When running Novatech Industries' price analysis, check to measure Novatech Industries' 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 Novatech Industries is operating at the current time. Most of Novatech Industries' value examination focuses on studying past and present price action to predict the probability of Novatech Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novatech Industries' price. Additionally, you may evaluate how the addition of Novatech Industries to your portfolios can decrease your overall portfolio volatility.