Navitas Semiconductor Corp Stock Price on October 23, 2023
| NVTS Stock | USD 3.86 0.69 21.77% |
If you're considering investing in Navitas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Navitas Semiconductor stands at 3.86, as last reported on the 25th of December, with the highest price reaching 3.95 and the lowest price hitting 3.23 during the day. Navitas Semiconductor appears to be risky, given 3 months investment horizon. Navitas Semiconductor has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13% return per unit of risk over the last 3 months. By analyzing Navitas Semiconductor's technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please exercise Navitas Semiconductor's Mean Deviation of 5.56, risk adjusted performance of 0.1274, and Downside Deviation of 5.91 to check out if our risk estimates are consistent with your expectations.
At this time, Navitas Semiconductor's Total Stockholder Equity is comparatively stable compared to the past year. Issuance Of Capital Stock is likely to gain to about 91.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 278.5 M in 2024. . Price Earnings To Growth Ratio is likely to gain to 0.07 in 2024, whereas Price To Sales Ratio is likely to drop 16.30 in 2024. Navitas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Navitas |
Sharpe Ratio = 0.1336
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Estimated Market Risk
| 7.42 actual daily | 66 66% of assets are less volatile |
Expected Return
| 0.99 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Navitas Semiconductor is performing at about 10% 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 Navitas Semiconductor by adding it to a well-diversified portfolio.
Price Book 1.8933 | Enterprise Value Ebitda (7.70) | Price Sales 7.8904 | Shares Float 137.7 M | Wall Street Target Price 3.8063 |
Navitas Semiconductor Valuation on October 23, 2023
It is possible to determine the worth of Navitas Semiconductor on a given historical date. On October 23, 2023 Navitas was worth 5.54 at the beginning of the trading date compared to the closed value of 5.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Navitas Semiconductor stock. Still, in general, we apply an absolute valuation method to find Navitas Semiconductor'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 Navitas Semiconductor where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Navitas Semiconductor's related companies.
| Open | High | Low | Close | Volume | |
| 5.72 | 5.82 | 5.54 | 5.59 | 1,257,200 | |
10/23/2023 | 5.54 | 5.55 | 5.38 | 5.38 | 1,792,600 |
| 5.48 | 5.76 | 5.48 | 5.59 | 1,655,200 |
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Navitas Semiconductor Trading Date Momentum on October 23, 2023
| On October 24 2023 Navitas Semiconductor Corp was traded for 5.59 at the closing time. The top price for the day was 5.76 and the lowest listed price was 5.48 . The trading volume for the day was 1.7 M. The trading history from October 24, 2023 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 3.90% . The trading delta at closing time against the current closing price is 6.51% . |
Navitas Semiconductor Fundamentals Correlations and Trends
By evaluating Navitas Semiconductor'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 Navitas Semiconductor's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Navitas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Navitas Semiconductor Stock history
Navitas Semiconductor 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 Navitas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Navitas Semiconductor 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 Navitas Semiconductor stock prices may prove useful in developing a viable investing in Navitas Semiconductor
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 168.9 M | 105.3 M | |
| Net Income Applicable To Common Shares | 85 M | 89.2 M |
Navitas Semiconductor Quarterly Net Working Capital |
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Navitas Semiconductor Stock Technical Analysis
Navitas Semiconductor 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
Navitas Semiconductor Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
Navitas Semiconductor Corp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Navitas Semiconductor December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Navitas Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Navitas Semiconductor shares will generate the highest return on investment. By undertsting and applying Navitas Semiconductor stock market strength indicators, traders can identify Navitas Semiconductor Corp entry and exit signals to maximize returns
Navitas Semiconductor Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Navitas Semiconductor's price direction in advance. Along with the technical and fundamental analysis of Navitas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Navitas 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 | 0.1274 | |||
| Jensen Alpha | 1.09 | |||
| Total Risk Alpha | 0.7619 | |||
| Sortino Ratio | 0.1772 | |||
| Treynor Ratio | (2.89) |
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Additional Tools for Navitas Stock Analysis
When running Navitas Semiconductor's price analysis, check to measure Navitas Semiconductor'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 Navitas Semiconductor is operating at the current time. Most of Navitas Semiconductor's value examination focuses on studying past and present price action to predict the probability of Navitas Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navitas Semiconductor's price. Additionally, you may evaluate how the addition of Navitas Semiconductor to your portfolios can decrease your overall portfolio volatility.