Novation Hldgs Stock Performance
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Novation Hldgs are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Novation Hldgs has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's technical indicators remain very healthy which may send shares a bit higher in January 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
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Novation Hldgs Relative Risk vs. Return Landscape
If you would invest 0.01 in Novation Hldgs on September 5, 2024 and sell it today you would lose (0.01) from holding Novation Hldgs or give up 100.0% of portfolio value over 90 days. Novation Hldgs is currently does not generate positive expected returns and assumes 12.5988% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Novation, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Novation Hldgs Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Novation Hldgs' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Novation Hldgs, and traders can use it to determine the average amount a Novation Hldgs' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.126
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Estimated Market Risk
| 12.6 actual daily | 96 96% of assets are less volatile |
Expected Return
| -1.59 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Novation Hldgs is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Novation Hldgs by adding Novation Hldgs to a well-diversified portfolio.
Novation Hldgs Fundamentals Growth
Novation Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Novation Hldgs, and Novation Hldgs fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Novation Pink Sheet performance.
| Return On Asset | -0.22 | |||
| Operating Margin | (0.91) % | |||
| Current Valuation | 746.99 K | |||
| Shares Outstanding | 7.47 B | |||
| Price To Earning | (0.05) X | |||
| Price To Sales | 1.33 X | |||
| EBITDA | (449.88 K) | |||
| Cash And Equivalents | 100.46 K | |||
| Total Debt | 290.75 K | |||
| Cash Flow From Operations | (344.91 K) | |||
| Earnings Per Share | (0) X | |||
| Total Asset | 10 K | |||
| Retained Earnings | (14.72 M) | |||
| Current Asset | 435 K | |||
| Current Liabilities | 3.55 M | |||
About Novation Hldgs Performance
By examining Novation Hldgs' fundamental ratios, stakeholders can obtain critical insights into Novation Hldgs' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Novation Hldgs is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Dragon Life Science Holdings Group, Inc. operates as regional Internet service provider. The company was founded in 1998 and is headquartered in New York, New York. Allezoe Medical operates under Shell Companies classification in the United States and is traded on OTC Exchange.Things to note about Novation Hldgs performance evaluation
Checking the ongoing alerts about Novation Hldgs for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Novation Hldgs help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Novation Hldgs generated a negative expected return over the last 90 days | |
| Novation Hldgs has high historical volatility and very poor performance | |
| Novation Hldgs has some characteristics of a very speculative penny stock | |
| Novation Hldgs currently holds 290.75 K in liabilities. Novation Hldgs has a current ratio of 0.12, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Novation Hldgs until it has trouble settling it off, either with new capital or with free cash flow. So, Novation Hldgs' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Novation Hldgs sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Novation to invest in growth at high rates of return. When we think about Novation Hldgs' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (215.75 K) with profit before overhead, payroll, taxes, and interest of 198.81 K. | |
| Novation Hldgs currently holds about 100.46 K in cash with (344.91 K) of positive cash flow from operations. |
- Analyzing Novation Hldgs' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Novation Hldgs' stock is overvalued or undervalued compared to its peers.
- Examining Novation Hldgs' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Novation Hldgs' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Novation Hldgs' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Novation Hldgs' pink sheet. These opinions can provide insight into Novation Hldgs' potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Novation Pink Sheet
Novation Hldgs financial ratios help investors to determine whether Novation Pink Sheet 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 Novation with respect to the benefits of owning Novation Hldgs security.