Nova Vision Acquisition Stock Fundamentals

NOVA VISION ACQUISITION fundamentals help investors to digest information that contributes to NOVA VISION's financial success or failures. It also enables traders to predict the movement of NOVA Stock. The fundamental analysis module provides a way to measure NOVA VISION'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 VISION stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

NOVA VISION ACQUISITION Company Return On Equity Analysis

NOVA VISION's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

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Current NOVA VISION Return On Equity

    
  -0.0309  
Most of NOVA VISION's fundamental indicators, such as Return On Equity, 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 VISION ACQUISITION is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, NOVA VISION ACQUISITION has a Return On Equity of -0.0309. This is 102.13% lower than that of the Capital Markets sector and significantly lower than that of the Financials industry. The return on equity for all United States stocks is 90.03% lower than that of the firm.

NOVA VISION ACQUISITION Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NOVA VISION's current stock value. Our valuation model uses many indicators to compare NOVA VISION value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NOVA VISION competition to find correlations between indicators driving NOVA VISION's intrinsic value. More Info.
NOVA VISION ACQUISITION is regarded second in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value NOVA VISION by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

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Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
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NOVA Fundamentals

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Other Tools for NOVA Stock

When running NOVA VISION's price analysis, check to measure NOVA VISION'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 NOVA VISION is operating at the current time. Most of NOVA VISION's value examination focuses on studying past and present price action to predict the probability of NOVA VISION's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOVA VISION's price. Additionally, you may evaluate how the addition of NOVA VISION to your portfolios can decrease your overall portfolio volatility.
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