Sunnova Energy International Stock Price on March 14, 2023

NOVA Stock  USD 3.70  0.33  9.79%   
Below is the normalized historical share price chart for Sunnova Energy International extending back to July 25, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sunnova Energy stands at 3.70, as last reported on the 22nd of December, with the highest price reaching 3.85 and the lowest price hitting 3.29 during the day.
IPO Date
25th of July 2019
200 Day MA
6.2046
50 Day MA
4.775
Beta
2.262
 
Covid
If you're considering investing in Sunnova Stock, it is important to understand the factors that can impact its price. Sunnova Energy Inter owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Sunnova Energy International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sunnova Energy's Risk Adjusted Performance of (0.09), variance of 87.82, and Coefficient Of Variation of (798.86) to confirm the risk estimate we provide.
  
At present, Sunnova Energy's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 93 M, whereas Total Stockholder Equity is forecasted to decline to about 1 B. . At present, Sunnova Energy's Price Book Value Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.30, whereas Price To Sales Ratio is forecasted to decline to 2.38. Sunnova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1098

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Estimated Market Risk

 9.42
  actual daily
83
83% of assets are less volatile

Expected Return

 -1.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.11
  actual daily
0
Most of other assets perform better
Based on monthly moving average Sunnova Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sunnova Energy by adding Sunnova Energy to a well-diversified portfolio.
Price Book
0.2599
Enterprise Value Ebitda
98.017
Price Sales
0.5708
Shares Float
108.7 M
Wall Street Target Price
10.73

Sunnova Energy Main Headline on 14th of March 2023

Filed transaction by Sunnova Energy Internatio officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Sunnova Energy Valuation on March 14, 2023

It is possible to determine the worth of Sunnova Energy on a given historical date. On March 14, 2023 Sunnova was worth 17.18 at the beginning of the trading date compared to the closed value of 16.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunnova Energy stock. Still, in general, we apply an absolute valuation method to find Sunnova Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sunnova Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunnova Energy's related companies.
 Open High Low Close Volume
  16.33    17.31    15.22    16.82    4,499,300  
03/14/2023
  17.18    17.87    15.56    16.15    4,876,017  
  15.65    15.75    14.37    15.23    6,127,292  
Backtest Sunnova Energy  |  Sunnova Energy History  |  Sunnova Energy Valuation   PreviousNext  
Open Value
17.18
16.15
Closing Value
45.43
Upside

Sunnova Energy Trading Date Momentum on March 14, 2023

On March 15 2023 Sunnova Energy International was traded for  15.23  at the closing time. The top price for the day was 15.75  and the lowest listed price was  14.37 . The trading volume for the day was 6.1 M. The trading history from March 15, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 5.70% . The trading price change against the current closing price is 18.64% .

Sunnova Energy Inter Fundamentals Correlations and Trends

By evaluating Sunnova Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sunnova Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunnova financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sunnova Energy Stock history

Sunnova Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sunnova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunnova Energy Inter will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sunnova Energy stock prices may prove useful in developing a viable investing in Sunnova Energy
Last ReportedProjected for Next Year
Common Stock Shares Outstanding118.3 M100.3 M
Net Loss-145.5 M-152.8 M

Sunnova Energy Stock Technical Analysis

Sunnova Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Sunnova Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sunnova Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sunnova Energy Period Price Range

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December 22, 2024
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Sunnova Energy December 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Sunnova Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunnova Energy shares will generate the highest return on investment. By undertsting and applying Sunnova Energy stock market strength indicators, traders can identify Sunnova Energy International entry and exit signals to maximize returns

Sunnova Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sunnova Energy's price direction in advance. Along with the technical and fundamental analysis of Sunnova Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunnova to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Sunnova Stock analysis

When running Sunnova Energy's price analysis, check to measure Sunnova Energy'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 Sunnova Energy is operating at the current time. Most of Sunnova Energy's value examination focuses on studying past and present price action to predict the probability of Sunnova Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunnova Energy's price. Additionally, you may evaluate how the addition of Sunnova Energy to your portfolios can decrease your overall portfolio volatility.
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