Nova Europe Isr Fund One Year Return
| 0P00011MNK | EUR 212.25 3.07 1.47% |
Nova Europe ISR fundamentals help investors to digest information that contributes to Nova Europe's financial success or failures. It also enables traders to predict the movement of Nova Fund. The fundamental analysis module provides a way to measure Nova Europe's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nova Europe fund.
Nova |
Nova Europe ISR Fund One Year Return Analysis
Nova Europe's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Nova Europe One Year Return | (5.00) % |
Most of Nova Europe's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nova Europe ISR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
| Competition |
Based on the recorded statements, Nova Europe ISR has an One Year Return of -5.0%. This is much lower than that of the Eiffel Investment Group family and significantly lower than that of the Europe Small-Cap Equity category. The one year return for all Germany funds is notably higher than that of the company.
Nova One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nova Europe's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Nova Europe could also be used in its relative valuation, which is a method of valuing Nova Europe by comparing valuation metrics of similar companies.Nova Europe is fifth largest fund in one year return among similar funds.
Nova Fundamentals
| Total Asset | 54.12 M | |||
| One Year Return | (5.00) % | |||
| Three Year Return | 1.69 % | |||
| Five Year Return | 8.13 % | |||
| Net Asset | 54.12 M | |||
| Minimum Initial Investment | 1 |
About Nova Europe Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nova Europe ISR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Europe using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Europe ISR based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Other Information on Investing in Nova Fund
Nova Europe financial ratios help investors to determine whether Nova Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nova with respect to the benefits of owning Nova Europe security.
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