Sunnova Energy International Stock Price on November 21, 2024
NOVA Stock | USD 4.02 0.07 1.71% |
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 4.02, as last reported on the 15th of December 2024, with the highest price reaching 4.14 and the lowest price hitting 3.88 during the day.
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 -0.12, which indicates the firm had a -0.12% 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 Coefficient Of Variation of (953.68), variance of 84.37, and Risk Adjusted Performance of (0.07) 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.
IPO Date 25th of July 2019 | 200 Day MA 6.2715 | 50 Day MA 5.0924 | Beta 2.262 |
Sunnova |
Sharpe Ratio = -0.1197
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Estimated Market Risk
9.2 actual daily | 81 81% of assets are less volatile |
Expected Return
-1.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 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 0.2824 | Enterprise Value Ebitda 98.4785 | Price Sales 0.6202 | Shares Float 108.7 M | Wall Street Target Price 11.1354 |
Sunnova Energy Main Headline on 21st of November 2024
PICTET ASSET MANAGEMENT SA Reduces Stake in Sunnova Energy I... by gurufocus.com
Transaction Overview On September 30, 2024, PICTET ASSET MANAGEMENT SA executed a significant transaction involving Sunnova Energy Internati
Sunnova Energy Valuation on November 21, 2024
It is possible to determine the worth of Sunnova Energy on a given historical date. On November 21, 2024 Sunnova was worth 4.21 at the beginning of the trading date compared to the closed value of 4.37. 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 | |
3.54 | 4.28 | 3.48 | 4.23 | 19,643,302 | |
11/21/2024 | 4.21 | 4.60 | 4.07 | 4.37 | 12,149,014 |
4.42 | 5.06 | 4.29 | 4.90 | 13,927,676 |
Backtest Sunnova Energy | | | Sunnova Energy History | | | Sunnova Energy Valuation | Previous | Next |
Sunnova Energy Trading Date Momentum on November 21, 2024
On November 22 2024 Sunnova Energy International was traded for 4.90 at the closing time. The top price for the day was 5.06 and the lowest listed price was 4.29 . The trading volume for the day was 13.9 M. The trading history from November 22, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 12.13% . The trading price change against the current closing price is 26.09% . |
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 118.3 M | 100.3 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.
Price Boundaries
Sunnova Energy Period Price Range
Low | December 15, 2024
| High |
0.00 | 0.00 |
Sunnova Energy International cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sunnova Energy December 15, 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.
Risk Adjusted Performance | (0.07) | |||
Jensen Alpha | (0.61) | |||
Total Risk Alpha | (2.11) | |||
Treynor Ratio | 0.2391 |
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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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