Nova Stock Performance
| NVMI Stock | USD 186.43 6.40 3.32% |
The company secures a Beta (Market Risk) of 1.46, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Nova will likely underperform. At this point, Nova has a negative expected return of -0.0304%. Please make sure to verify Nova's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Nova performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Nova has generated negative risk-adjusted returns adding no value to investors with long positions. Despite fairly strong primary indicators, Nova is not utilizing all of its potentials. The newest stock price confusion, may contribute to short-horizon losses for the traders. ...more
Actual Historical Performance (%)
One Day Return (4.08) | Five Day Return (1.84) | Year To Date Return (4.93) | Ten Year Return 1.6 K | All Time Return 779 |
1 | Y.D. More Investments Ltd Reduces Stake in TAT Technologies Ltd | 01/23/2025 |
2 | Nova Full Year 2024 Earnings Revenues Beat Expectations, EPS In Line | 02/14/2025 |
3 | Nova Ltd Shares Gap Down to 259.15 on Feb 25 | 02/25/2025 |
4 | GE Vernova Stock Jumps on AI Data-Center Deal. Electricity Demand Promises Growth. - Barrons | 02/26/2025 |
5 | 3 Strong Buy Profitable Stocks for March NVMI, ACMR, UAL | 03/05/2025 |
6 | 3 Growth Stocks with Exciting Potential | 03/07/2025 |
7 | Top Stock Movers Now Adobe, UiPath, Sunnova, and More - Investopedia | 03/13/2025 |
8 | Here is Why NVMI is a Must-Buy Stock for Growth-Focused Investors | 03/17/2025 |
9 | Nova Ltd Shares Up 0.06 percent on Mar 19 | 03/19/2025 |
10 | Nova Agritech Faces Significant Stock Volatility Amid Broader Market Resilience - MarketsMojo | 03/27/2025 |
| Begin Period Cash Flow | 107.6 M |
Nova |
Nova Relative Risk vs. Return Landscape
If you would invest 19,718 in Nova on December 28, 2024 and sell it today you would lose (1,075) from holding Nova or give up 5.45% of portfolio value over 90 days. Nova is currently does not generate positive expected returns and assumes 3.5171% risk (volatility on return distribution) over the 90 days horizon. In different words, 31% of stocks are less volatile than Nova, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Nova Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nova's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Nova, and traders can use it to determine the average amount a Nova's 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 = -0.0087
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NVMI |
Estimated Market Risk
| 3.52 actual daily | 31 69% of assets are more volatile |
Expected Return
| -0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Nova 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 Nova by adding Nova to a well-diversified portfolio.
Nova Fundamentals Growth
Nova Stock prices reflect investors' perceptions of the future prospects and financial health of Nova, and Nova 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 Nova Stock performance.
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.0929 | ||||
| Profit Margin | 0.27 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 5.3 B | ||||
| Shares Outstanding | 29.28 M | ||||
| Price To Earning | 51.86 X | ||||
| Price To Book | 6.09 X | ||||
| Price To Sales | 8.75 X | ||||
| Revenue | 672.4 M | ||||
| Gross Profit | 387.09 M | ||||
| EBITDA | 233.67 M | ||||
| Net Income | 183.76 M | ||||
| Cash And Equivalents | 364.31 M | ||||
| Cash Per Share | 12.70 X | ||||
| Total Debt | 236.1 M | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 4.98 X | ||||
| Book Value Per Share | 31.69 X | ||||
| Cash Flow From Operations | 235.27 M | ||||
| Earnings Per Share | 5.75 X | ||||
| Market Capitalization | 5.89 B | ||||
| Total Asset | 1.39 B | ||||
| Retained Earnings | 798.14 M | ||||
| Working Capital | 513.72 M | ||||
| Current Asset | 149.98 M | ||||
| Current Liabilities | 37.16 M | ||||
About Nova Performance
By evaluating Nova's fundamental ratios, stakeholders can gain valuable insights into Nova's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nova has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Nova has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 200.34 | 210.36 | |
| Return On Tangible Assets | 0.14 | 0.15 | |
| Return On Capital Employed | 0.19 | 0.20 | |
| Return On Assets | 0.13 | 0.14 | |
| Return On Equity | 0.20 | 0.21 |
Things to note about Nova performance evaluation
Checking the ongoing alerts about Nova for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Nova help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nova generated a negative expected return over the last 90 days | |
| Nova has high historical volatility and very poor performance | |
| Nova is unlikely to experience financial distress in the next 2 years | |
| Nova has a strong financial position based on the latest SEC filings | |
| Over 78.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Nova Agritech Faces Significant Stock Volatility Amid Broader Market Resilience - MarketsMojo |
- Analyzing Nova's 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 Nova's stock is overvalued or undervalued compared to its peers.
- Examining Nova's 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 Nova's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nova's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Nova's stock. These opinions can provide insight into Nova's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nova Stock analysis
When running Nova's price analysis, check to measure Nova'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 is operating at the current time. Most of Nova's value examination focuses on studying past and present price action to predict the probability of Nova'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's price. Additionally, you may evaluate how the addition of Nova to your portfolios can decrease your overall portfolio volatility.
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