Holdco Nuvo Group Stock Return On Equity
| NUVO Stock | 0 0 50.00% |
Holdco Nuvo Group fundamentals help investors to digest information that contributes to Holdco Nuvo's financial success or failures. It also enables traders to predict the movement of Holdco OTC Stock. The fundamental analysis module provides a way to measure Holdco Nuvo'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 Holdco Nuvo otc stock.
Holdco |
Holdco Nuvo Group OTC Stock Return On Equity Analysis
Holdco Nuvo'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.
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.
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Based on the latest financial disclosure, Holdco Nuvo Group has a Return On Equity of 0.0. This is 100.0% lower than that of the sector and 100.0% lower than that of the Return On Equity industry. The return on equity for all United States stocks is 100.0% lower than that of the firm.
Holdco Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Holdco Nuvo's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Holdco Nuvo could also be used in its relative valuation, which is a method of valuing Holdco Nuvo by comparing valuation metrics of similar companies.Holdco Nuvo is currently under evaluation in return on equity category among its peers.
Holdco Fundamentals
| Operating Margin | (175.24) % | |||
| Current Valuation | 11.09 M | |||
| Shares Outstanding | 33.26 M | |||
| Shares Owned By Insiders | 39.62 % | |||
| Shares Owned By Institutions | 1.43 % | |||
| Number Of Shares Shorted | 31.29 K | |||
| Price To Sales | 0.38 X | |||
| Revenue | 176 K | |||
| EBITDA | (34.44 M) | |||
| Net Income | (33.66 M) | |||
| Total Debt | 11.58 M | |||
| Book Value Per Share | (2.79) X | |||
| Cash Flow From Operations | (14.96 M) | |||
| Short Ratio | 0.28 X | |||
| Earnings Per Share | (1.01) X | |||
| Beta | -0.41 | |||
| Market Capitalization | 5.65 M | |||
| Total Asset | 32.35 M | |||
| Retained Earnings | (143.77 M) | |||
| Working Capital | (29.37 M) | |||
| Net Asset | 32.35 M |
About Holdco Nuvo Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Holdco Nuvo Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Holdco Nuvo using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Holdco Nuvo Group based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Pair Trading with Holdco Nuvo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Holdco Nuvo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Holdco Nuvo will appreciate offsetting losses from the drop in the long position's value.Moving against Holdco OTC Stock
| 0.63 | MNPR | Monopar Therapeutics Trending | PairCorr |
| 0.41 | TGNA | Tegna Inc | PairCorr |
| 0.39 | BMYMP | Bristol Myers Squibb | PairCorr |
| 0.32 | AMZN | Amazon Inc Aggressive Push | PairCorr |
| 0.31 | LGCY | Legacy Education | PairCorr |
The ability to find closely correlated positions to Holdco Nuvo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Holdco Nuvo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Holdco Nuvo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Holdco Nuvo Group to buy it.
The correlation of Holdco Nuvo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Holdco Nuvo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Holdco Nuvo Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Holdco Nuvo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Holdco OTC Stock
Holdco Nuvo financial ratios help investors to determine whether Holdco OTC Stock 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 Holdco with respect to the benefits of owning Holdco Nuvo security.