Sunnova Energy International Stock Performance
| NOVA Stock | USD 0.33 0.01 3.13% |
The entity has a beta of 2.07, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sunnova Energy will likely underperform. At this point, Sunnova Energy Inter has a negative expected return of -3.34%. Please make sure to validate Sunnova Energy's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Sunnova Energy Inter performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Sunnova Energy International has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in April 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
1 | Sunnova Surpasses 100,000 New Home Solar System Installs with More Than 1 Million Panels | 01/15/2025 |
2 | Nova Klbburinn hf. Tilnefningarnefnd skar eftir framboum til stjrnar | 02/03/2025 |
3 | SolarEdge Technologies Q4 Loss Wider Than Expected, Revenues Down YY | 02/20/2025 |
4 | Acquisition by Williams Eric Michael of 86805 shares of Sunnova Energy at 5.57 subject to Rule 16b-3 | 02/28/2025 |
5 | Sunnova Energy Reports Annual EPS of -2.96 and Revenue of 839.92 Million, Missing Estimates | 03/03/2025 |
6 | Sunnova Sparks Solar Sector Decline Amid Financial Uncertainty | 03/04/2025 |
7 | Sunnova Energy International Price Target Cut to 1.00 by Analysts at Piper Sandler | 03/05/2025 |
8 | How Has Sunnova Energy International Performed Amid Market Changes | 03/07/2025 |
9 | Why Sunnova Energy Stock Is Tumbling Thursday | 03/13/2025 |
| Begin Period Cash Flow | 494.4 M | |
| Free Cash Flow | -2 B |
Sunnova |
Sunnova Energy Relative Risk vs. Return Landscape
If you would invest 420.00 in Sunnova Energy International on December 17, 2024 and sell it today you would lose (388.00) from holding Sunnova Energy International or give up 92.38% of portfolio value over 90 days. Sunnova Energy International is currently does not generate positive expected returns and assumes 10.8326% risk (volatility on return distribution) over the 90 days horizon. In different words, 96% of stocks are less volatile than Sunnova, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Sunnova Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunnova Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Sunnova Energy International, and traders can use it to determine the average amount a Sunnova Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.3082
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NOVA |
Estimated Market Risk
| 10.83 actual daily | 96 96% of assets are less volatile |
Expected Return
| -3.34 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.31 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.
Sunnova Energy Fundamentals Growth
Sunnova Stock prices reflect investors' perceptions of the future prospects and financial health of Sunnova Energy, and Sunnova Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Sunnova Stock performance.
| Return On Equity | -0.19 | ||||
| Return On Asset | -0.0129 | ||||
| Profit Margin | (0.44) % | ||||
| Operating Margin | (0.46) % | ||||
| Current Valuation | 8.29 B | ||||
| Shares Outstanding | 125.08 M | ||||
| Price To Earning | 16.71 X | ||||
| Price To Book | 0.02 X | ||||
| Price To Sales | 0.05 X | ||||
| Revenue | 839.92 M | ||||
| Gross Profit | 280.08 M | ||||
| EBITDA | 156.33 M | ||||
| Net Income | (447.77 M) | ||||
| Cash And Equivalents | 412.58 M | ||||
| Cash Per Share | 3.59 X | ||||
| Total Debt | 327.23 M | ||||
| Debt To Equity | 2.85 % | ||||
| Current Ratio | 2.05 X | ||||
| Book Value Per Share | 14.64 X | ||||
| Cash Flow From Operations | (310.85 M) | ||||
| Earnings Per Share | (2.96) X | ||||
| Market Capitalization | 39.53 M | ||||
| Total Asset | 13.35 B | ||||
| Retained Earnings | 46.59 M | ||||
| Working Capital | (296.25 M) | ||||
| Current Asset | 30.22 M | ||||
| Current Liabilities | 40.43 M | ||||
About Sunnova Energy Performance
By analyzing Sunnova Energy's fundamental ratios, stakeholders can gain valuable insights into Sunnova Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Sunnova Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Sunnova Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 114.17 | 205.61 | |
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | (0.02) | (0.02) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.20) | (0.21) |
Things to note about Sunnova Energy Inter performance evaluation
Checking the ongoing alerts about Sunnova Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Sunnova Energy Inter help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Sunnova Energy Inter generated a negative expected return over the last 90 days | |
| Sunnova Energy Inter has high historical volatility and very poor performance | |
| Sunnova Energy Inter has some characteristics of a very speculative penny stock | |
| The company reported the previous year's revenue of 839.92 M. Net Loss for the year was (447.77 M) with profit before overhead, payroll, taxes, and interest of 280.08 M. | |
| Sunnova Energy International currently holds about 412.58 M in cash with (310.85 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.59, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Sunnova Energy Inter has a frail financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: Why Sunnova Energy Stock Is Tumbling Thursday |
- Analyzing Sunnova Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Sunnova Energy's stock is overvalued or undervalued compared to its peers.
- Examining Sunnova Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Sunnova Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Sunnova Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Sunnova Energy's stock. These opinions can provide insight into Sunnova Energy's potential for growth and whether the stock is currently undervalued or overvalued.
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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