The total return for NOVATECH investors has risen faster than earnings growth over the last five years - Simply Wall St
| 285490 Stock | KRW 15,970 970.00 6.47% |
About 54% of NOVATECH's investors are presently thinking to get in. The analysis of current outlook of investing in NOVATECH Co suggests that some traders are interested regarding NOVATECH's prospects. The current market sentiment, together with NOVATECH's historical and current headlines, can help investors time the market. In addition, many technical investors use NOVATECH stock news signals to limit their universe of possible portfolio assets.
NOVATECH |
The total return for NOVATECH investors has risen faster than earnings growth over the last five years Simply Wall St
Read at news.google.com
 |
NOVATECH Fundamental Analysis
We analyze NOVATECH's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NOVATECH using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NOVATECH based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Beta
Beta Comparative Analysis
NOVATECH is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
NOVATECH Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NOVATECH stock to make a market-neutral strategy. Peer analysis of NOVATECH could also be used in its relative valuation, which is a method of valuing NOVATECH by comparing valuation metrics with similar companies.
Peers
NOVATECH Related Equities
| 026890 | Digital Power | 1.04 | ||||
| 001290 | Sangsangin Investment | 0.93 | ||||
| 007330 | Pureun Mutual | 0.36 | ||||
| 036630 | Sejong Telecom | 0.24 | ||||
| 093230 | E Investment | 0.00 | ||||
| 030210 | KTB Investment | 0.16 |
Complementary Tools for NOVATECH Stock analysis
When running NOVATECH's price analysis, check to measure NOVATECH'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 NOVATECH is operating at the current time. Most of NOVATECH's value examination focuses on studying past and present price action to predict the probability of NOVATECH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOVATECH's price. Additionally, you may evaluate how the addition of NOVATECH to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing |