700 Shares in Encompass Health Co. Purchased by Morse Asset Management Inc
| NVLPF Stock | USD 0.18 0.01 5.26% |
Roughly 61% of Nova Leap's investor base is looking to short. The analysis of current outlook of investing in Nova Leap Health suggests that many traders are alarmed regarding Nova Leap's prospects. The current market sentiment, together with Nova Leap's historical and current headlines, can help investors time the market. In addition, many technical investors use Nova Leap Health stock news signals to limit their universe of possible portfolio assets.
Nova Leap otc stock news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Nova daily returns and investor perception about the current price of Nova Leap Health as well as its diversification or hedging effects on your existing portfolios.
Nova |
Morse Asset Management Inc acquired a new position in shares of Encompass Health Co. in the 3rd quarter, according to its most recent 13F filing with the Securities Exchange Commission. The firm acquired 700 shares of the companys stock, valued at approximately 68,000. Other hedge funds and other institutional investors
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Nova Leap Fundamental Analysis
We analyze Nova Leap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nova Leap using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nova Leap 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.
Beta
Beta Comparative Analysis
Nova Leap 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.
Nova Leap Health 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 Leap otc stock to make a market-neutral strategy. Peer analysis of Nova Leap could also be used in its relative valuation, which is a method of valuing Nova Leap by comparing valuation metrics with similar companies.
Peers
Nova Leap Related Equities
| TOI | Oncology Institute | 12.24 | ||||
| AGL | Agilon Health | 4.39 | ||||
| JYNT | Joint Corp | 1.73 | ||||
| PNTG | Pennant | 0.88 | ||||
| EHC | Encompass Health | 0.35 | ||||
| ENSG | Ensign | 0.34 | ||||
| FSNUY | Fresenius | 0.32 | ||||
| EHAB | Enhabit | 0.25 | ||||
| LFST | Lifestance Health | 0.13 | ||||
| RMYHY | Ramsay Health | 0.19 | ||||
| SEM | Select Medical | 0.57 | ||||
| INNV | InnovAge Holding | 2.46 | ||||
| MODV | ModivCare | 11.70 |
Complementary Tools for Nova OTC Stock analysis
When running Nova Leap's price analysis, check to measure Nova Leap'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 Leap is operating at the current time. Most of Nova Leap's value examination focuses on studying past and present price action to predict the probability of Nova Leap'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 Leap's price. Additionally, you may evaluate how the addition of Nova Leap to your portfolios can decrease your overall portfolio volatility.
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