Nova Vision Acquisition Stock Buy Hold or Sell Recommendation
| NOVV Stock | USD 37.00 0.00 0.00% |
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding Nova Vision Acquisition is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nova Vision Acquisition given historical horizon and risk tolerance towards Nova Vision. When Macroaxis issues a 'buy' or 'sell' recommendation for Nova Vision Acquisition, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Nova Vision 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 Nova and provide practical buy, sell, or hold advice based on investors' constraints. Nova Vision Acquisition. 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.
Nova |
Execute Nova Vision Buy or Sell Advice
The Nova recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nova Vision Acquisition. Macroaxis does not own or have any residual interests in Nova Vision Acquisition or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nova Vision's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nova Vision Trading Alerts and Improvement Suggestions
| Nova Vision is way too risky over 90 days horizon | |
| Nova Vision appears to be risky and price may revert if volatility continues | |
| Nova Vision Acquisition currently holds about 567.98 K in cash with (569.87 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08. | |
| Nova Vision has a frail financial position based on the latest SEC disclosures | |
| Roughly 95.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from MacroaxisInsider: Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3 |
Nova Vision Returns Distribution Density
The distribution of Nova Vision's historical returns is an attempt to chart the uncertainty of Nova Vision's future price movements. The chart of the probability distribution of Nova Vision daily returns describes the distribution of returns around its average expected value. We use Nova Vision Acquisition price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nova Vision returns is essential to provide solid investment advice for Nova Vision.
| Mean Return | 3.02 | Value At Risk | 0.00 | Potential Upside | 0.90 | Standard Deviation | 24.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nova Vision 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.
Nova Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Nova Vision, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Nova Vision Acquisition back and forth among themselves.
| Shares | Glazer Capital, Llc | 2024-09-30 | 0.0 | Polar Asset Management Partners | 2024-09-30 | 0.0 | Berkley W R Corp | 2024-09-30 | 0.0 | Yakira Capital Management, Inc. | 2024-06-30 | 330 K | Walleye Trading Advisors, Llc | 2024-06-30 | 96.5 K | Walleye Trading Llc | 2024-06-30 | 54.3 K | Warberg Asset Management Llc | 2024-06-30 | 40.8 K | Skyview Investment Advisors, Llc | 2024-06-30 | 35 K | Ubs Group Ag | 2024-06-30 | 1.0 | Periscope Capital Inc. | 2024-06-30 | 0.0 | Wolverine Asset Management Llc | 2024-09-30 | 0.0 |
Nova Vision 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 Nova Vision or Capital Markets 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 Nova Vision's 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 Nova 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 | 2.63 | |
β | Beta against Dow Jones | 3.29 | |
σ | Overall volatility | 25.21 | |
Ir | Information ratio | 0.12 |
Nova Vision Volatility Alert
Nova Vision Acquisition is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nova Vision's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nova Vision's 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.Nova Vision Fundamentals Vs Peers
Comparing Nova Vision's 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 Nova Vision's direct or indirect competition across all of the common fundamentals between Nova Vision and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nova Vision or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nova Vision's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nova Vision by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Nova Vision to competition |
| Fundamentals | Nova Vision | Peer Average |
| Return On Equity | -0.0309 | -0.31 |
| Return On Asset | -0.0275 | -0.14 |
| Current Valuation | 76.19 M | 16.62 B |
| Shares Outstanding | 1.98 M | 571.82 M |
| Shares Owned By Insiders | 95.20 % | 10.09 % |
| Shares Owned By Institutions | 2.85 % | 39.21 % |
| Number Of Shares Shorted | 27.94 K | 4.71 M |
| Price To Book | 4.92 X | 9.51 X |
| Revenue | 897.55 K | 9.43 B |
| EBITDA | 146.88 K | 3.9 B |
| Net Income | 146.88 K | 570.98 M |
| Cash And Equivalents | 567.98 K | 2.7 B |
| Cash Per Share | 0.08 X | 5.01 X |
| Total Debt | 2 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 23.32 X | 2.16 X |
| Book Value Per Share | (0.89) X | 1.93 K |
| Cash Flow From Operations | (569.87 K) | 971.22 M |
| Short Ratio | 2.71 X | 4.00 X |
| Beta | 0.3 | -0.15 |
| Market Capitalization | 73.19 M | 19.03 B |
| Total Asset | 17.94 M | 29.47 B |
| Retained Earnings | (2.96 M) | 9.33 B |
| Working Capital | (2.21 M) | 1.48 B |
| Net Asset | 17.94 M |
Note: Discretionary transaction by Barclays Plc of 9000 shares of Nova Vision at 11.5 subject to Rule 16b-3 [view details]
Nova Vision Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nova . 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 Nova Vision Buy or Sell Advice
When is the right time to buy or sell Nova Vision Acquisition? Buying financial instruments such as Nova 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.
Use Investing Ideas to Build Portfolios
In addition to having Nova Vision in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Processed Foods Thematic Idea Now
Processed Foods
Companies producing and distributing processed foods to retail sectors. The Processed Foods theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Processed Foods Theme or any other thematic opportunities.
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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.