Disposition of 3000 shares by Robert Sullivan of RBC Bearings at 132.12 subject to Rule 16b-3
| NVAWW Stock | 2.49 0.28 12.67% |
Slightly above 55% of Nova Minerals' sophisticated investors are presently thinking to get in. The analysis of overall sentiment of trading Nova Minerals Limited stock suggests that some investors are interested at this time. Nova Minerals' investing sentiment can be driven by a variety of factors including economic data, Nova Minerals' earnings reports, geopolitical events, and overall market trends.
Nova |
Filed transaction by RBC Bearings Incorporated Officer: Vice President And Cfo. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
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Nova Minerals Fundamental Analysis
We analyze Nova Minerals' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Minerals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Minerals 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.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Nova Minerals is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Nova Minerals Limited 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 Nova Minerals stock to make a market-neutral strategy. Peer analysis of Nova Minerals could also be used in its relative valuation, which is a method of valuing Nova Minerals by comparing valuation metrics with similar companies.
Peers
Nova Minerals Related Equities
| ELBM | Electra Battery | 6.38 | ||||
| VZLA | Vizsla Resources | 2.25 | ||||
| BHP | BHP Group | 1.64 | ||||
| NB | NioCorp Developments | 1.53 | ||||
| MP | MP Materials | 1.10 | ||||
| VALE | Vale SA | 0.10 | ||||
| GSM | Ferroglobe PLC | 0.23 | ||||
| EMX | EMX Royalty | 0.57 | ||||
| CMP | Compass Minerals | 1.72 | ||||
| FMST | Foremost Lithium | 14.92 |
Additional Tools for Nova Stock Analysis
When running Nova Minerals' price analysis, check to measure Nova Minerals' 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 Minerals is operating at the current time. Most of Nova Minerals' value examination focuses on studying past and present price action to predict the probability of Nova Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Minerals' price. Additionally, you may evaluate how the addition of Nova Minerals to your portfolios can decrease your overall portfolio volatility.