Nova Cannabis OTC Stock Forecast - Relative Strength Index
NVACFDelisted Stock | USD 1.26 0.00 0.00% |
Nova OTC Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Nova Cannabis' historical fundamentals, such as revenue growth or operating cash flow patterns.
Nova |
Previous Relative Strength Index | Relative Strength Index | Trend |
53.65 | 53.65 |
Check Nova Cannabis Volatility | Backtest Nova Cannabis | Trend Details |
Nova Cannabis Trading Date Momentum
On October 22 2024 Nova Cannabis was traded for 1.26 at the closing time. The highest daily price throughout the period was 1.26 and the lowest price was 1.26 . There was no trading activity during the period 1.0. Lack of trading volume on 10/22/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
Nova Cannabis Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nova Cannabis otc stock to make a market-neutral strategy. Peer analysis of Nova Cannabis could also be used in its relative valuation, which is a method of valuing Nova Cannabis by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Nova Cannabis Market Strength Events
Market strength indicators help investors to evaluate how Nova Cannabis otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nova Cannabis shares will generate the highest return on investment. By undertsting and applying Nova Cannabis otc stock market strength indicators, traders can identify Nova Cannabis entry and exit signals to maximize returns.
Nova Cannabis Risk Indicators
The analysis of Nova Cannabis' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nova Cannabis' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nova otc stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 2.15 | |||
Semi Deviation | 2.5 | |||
Standard Deviation | 5.53 | |||
Variance | 30.56 | |||
Downside Variance | 38.4 | |||
Semi Variance | 6.27 | |||
Expected Short fall | (5.36) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
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 main economic indicators. Note that the Nova Cannabis information on this page should be used as a complementary analysis to other Nova Cannabis' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Nova OTC Stock
If you are still planning to invest in Nova Cannabis 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 Cannabis' history and understand the potential risks before investing.
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