Nova Eye (Australia) Analysis
| EYE Stock | 0.10 0.01 9.09% |
Nova Eye Medical is overvalued with Real Value of 0.096 and Hype Value of 0.1. The main objective of Nova Eye stock analysis is to determine its intrinsic value, which is an estimate of what Nova Eye Medical is worth, separate from its market price. There are two main types of Nova Eye's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nova Eye's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nova Eye's stock to identify patterns and trends that may indicate its future price movements.
The Nova Eye stock is traded in Australia on Australian Securities Exchange, with the market opening at 09:50:00 and closing at 16:12:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Australia. Nova Eye is usually not traded on Christmas Day, Boxing Day, New Year 's Day, Australia Day, Australia Day ( substitute day ), Good Friday, Easter Monday, ANZAC Day. Nova Stock trading window is adjusted to Australia/Sydney timezone.
Nova |
Nova Stock Analysis Notes
About 16.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.52. Some equities with similar Price to Book (P/B) outperform the market in the long run. Nova Eye Medical recorded a loss per share of 0.04. The entity last dividend was issued on the 21st of July 2020. The firm had 1:5 split on the 10th of July 2001. To learn more about Nova Eye Medical call the company at 61 8 8362 0193 or check out https://www.nova-eye.com.Nova Eye Quarterly Total Revenue |
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Nova Eye Medical Investment Alerts
| Nova Eye Medical generated a negative expected return over the last 90 days | |
| Nova Eye Medical has high historical volatility and very poor performance | |
| Nova Eye Medical has some characteristics of a very speculative penny stock | |
| The company reported the revenue of 23.32 M. Net Loss for the year was (8.79 M) with profit before overhead, payroll, taxes, and interest of 21.81 M. | |
| Nova Eye Medical has accumulated about 7.42 M in cash with (7.73 M) of positive cash flow from operations. | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from news.google.com: Nova Eye Medical Announces Investor Webinar to Discuss Growth and Financial Performance - TipRanks |
Nova Eye Thematic Classifications
In addition to having Nova Eye stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | DrugsDrug manufacturing and delivery |
Nova Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 26.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nova Eye's market, we take the total number of its shares issued and multiply it by Nova Eye's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Nova Profitablity
Nova Eye's profitability indicators refer to fundamental financial ratios that showcase Nova Eye's ability to generate income relative to its revenue or operating costs. If, let's say, Nova Eye is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Nova Eye's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Nova Eye's profitability requires more research than a typical breakdown of Nova Eye's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.33) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.42) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.42. Management Efficiency
Nova Eye Medical has return on total asset (ROA) of (0.2193) % which means that it has lost $0.2193 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.4977) %, meaning that it generated substantial loss on money invested by shareholders. Nova Eye's management efficiency ratios could be used to measure how well Nova Eye manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Nova Eye's Total Current Liabilities is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 40.5 M in 2025, whereas Non Current Liabilities Total is likely to drop slightly above 2.1 M in 2025.Leadership effectiveness at Nova Eye Medical is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Technical Drivers
As of the 15th of March 2025, Nova Eye secures the Standard Deviation of 5.07, risk adjusted performance of (0.09), and Mean Deviation of 3.12. Nova Eye Medical technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices.Nova Eye Medical Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nova Eye middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nova Eye Medical. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nova Eye Outstanding Bonds
Nova Eye issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nova Eye Medical uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nova bonds can be classified according to their maturity, which is the date when Nova Eye Medical has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Nova Eye Predictive Daily Indicators
Nova Eye intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nova Eye stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 18644.27 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.91 | |||
| Day Median Price | 0.11 | |||
| Day Typical Price | 0.1 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Nova Eye Forecast Models
Nova Eye's time-series forecasting models are one of many Nova Eye's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nova Eye's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Nova Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Nova Eye prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nova shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nova Eye. By using and applying Nova Stock analysis, traders can create a robust methodology for identifying Nova entry and exit points for their positions.
Nova Eye is entity of Australia. It is traded as Stock on AU exchange.
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Additional Tools for Nova Stock Analysis
When running Nova Eye's price analysis, check to measure Nova Eye'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 Eye is operating at the current time. Most of Nova Eye's value examination focuses on studying past and present price action to predict the probability of Nova Eye'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 Eye's price. Additionally, you may evaluate how the addition of Nova Eye to your portfolios can decrease your overall portfolio volatility.