Novocure Stock Price on September 26, 2024
| NVCR Stock | USD 29.66 0.53 1.76% |
Below is the normalized historical share price chart for Novocure extending back to October 02, 2015. 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 Novocure stands at 29.66, as last reported on the 6th of January, with the highest price reaching 30.78 and the lowest price hitting 29.49 during the day.
If you're considering investing in Novocure Stock, it is important to understand the factors that can impact its price. Novocure is somewhat reliable given 3 months investment horizon. Novocure has Sharpe Ratio of 0.19, which conveys that the firm had a 0.19% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.4% are justified by taking the suggested risk. Use Novocure Downside Deviation of 4.6, risk adjusted performance of 0.1526, and Mean Deviation of 3.9 to evaluate company specific risk that cannot be diversified away.
At this time, Novocure's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 01/06/2025, Sale Purchase Of Stock is likely to grow to about 18 M, while Common Stock Shares Outstanding is likely to drop slightly above 96.1 M. . As of 01/06/2025, Price To Sales Ratio is likely to drop to 3.41. In addition to that, Price Earnings Ratio is likely to drop to -7.25. Novocure Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of October 2015 | 200 Day MA 18.902 | 50 Day MA 23.2447 | Beta 0.705 |
Novocure |
Sharpe Ratio = 0.1872
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Estimated Market Risk
| 7.51 actual daily | 66 66% of assets are less volatile |
Expected Return
| 1.4 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Novocure is performing at about 14% of its full potential. 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 Novocure by adding it to a well-diversified portfolio.
Price Book 9.0543 | Enterprise Value Ebitda (6.92) | Price Sales 5.6541 | Shares Float 98.5 M | Wall Street Target Price 36.7143 |
Novocure Main Headline on 26th of September 2024
Disposition of 831 shares by Moshe Giladi of Novocure at 107... by Moshe Giladi
Filed transaction by Novocure Officer: Chief Science Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Novocure Valuation on September 26, 2024
It is possible to determine the worth of Novocure on a given historical date. On September 26, 2024 Novocure was worth 16.18 at the beginning of the trading date compared to the closed value of 15.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Novocure stock. Still, in general, we apply an absolute valuation method to find Novocure'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 Novocure where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Novocure's related companies.
| Open | High | Low | Close | Volume | |
| 16.44 | 16.67 | 15.90 | 15.95 | 666,105 | |
09/26/2024 | 16.18 | 16.26 | 15.60 | 15.65 | 636,605 |
| 16.01 | 16.16 | 15.40 | 15.61 | 653,182 |
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Novocure Trading Date Momentum on September 26, 2024
| On September 27 2024 Novocure was traded for 15.61 at the closing time. The top price for the day was 16.16 and the lowest listed price was 15.40 . The trading volume for the day was 653.2 K. The trading history from September 27, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.26% . The trading delta at closing time against the current closing price is 6.20% . |
Novocure Fundamentals Correlations and Trends
By evaluating Novocure'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 Novocure's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Novocure financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Novocure Stock history
Novocure 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 Novocure is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Novocure 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 Novocure stock prices may prove useful in developing a viable investing in Novocure
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 122.3 M | 96.1 M | |
| Net Loss | -106.4 M | -111.7 M |
Novocure Quarterly Net Working Capital |
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Novocure Stock Technical Analysis
Novocure 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
Novocure Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
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Novocure January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Novocure stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novocure shares will generate the highest return on investment. By undertsting and applying Novocure stock market strength indicators, traders can identify Novocure entry and exit signals to maximize returns
Novocure Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Novocure's price direction in advance. Along with the technical and fundamental analysis of Novocure Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Novocure 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 | 0.1526 | |||
| Jensen Alpha | 1.29 | |||
| Total Risk Alpha | 1.18 | |||
| Sortino Ratio | 0.2779 | |||
| Treynor Ratio | (21.29) |
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Additional Tools for Novocure Stock Analysis
When running Novocure's price analysis, check to measure Novocure'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 Novocure is operating at the current time. Most of Novocure's value examination focuses on studying past and present price action to predict the probability of Novocure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novocure's price. Additionally, you may evaluate how the addition of Novocure to your portfolios can decrease your overall portfolio volatility.