Nova Vision Acquisition Stock Today
NOVA VISION is selling for under 37.00 as of the 20th of January 2025; that is No Change since the beginning of the trading day. The stock's lowest day price was 37.0. The performance scores are derived for the period starting the 24th of July 2024 and ending today, the 20th of January 2025. Click here to learn more.
Valuation
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NOVA Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Thematic Ideas | (View all Themes) |
| Old Name | Nova Vision Acquisition Corp |
| Business Concentration | Trading, Shell Companies, Industrials, Heavy Metals, Investing, Copper, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) |
NOVA VISION ACQUISITION (NOVV) is traded on NASDAQ Exchange in USA. It is located in 2 Havelock Road, Singapore, Singapore, 059763 and employs 1 people. NOVA VISION is listed under Trading category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 73.19 M. NOVA VISION ACQUISITION conducts business under Capital Markets sector and is part of Financials industry. The entity has 1.98 M outstanding shares of which 27.94 K shares are now shorted by private and institutional investors with about 2.71 trading days to cover.
NOVA VISION ACQUISITION currently holds about 567.98 K in cash with (569.87 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
Check NOVA VISION Probability Of Bankruptcy
NOVA VISION ACQUISITION Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. NOVA VISION market risk premium is the additional return an investor will receive from holding NOVA VISION long position in a well-diversified portfolio.
| Risk Adjusted Performance | 0.1121 | |||
| Jensen Alpha | 3.09 | |||
| Total Risk Alpha | 2.43 | |||
| Treynor Ratio | (0.73) |
NOVA Stock Against Markets
NOVA VISION Related Equities
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 VISION stock to make a market-neutral strategy. Peer analysis of NOVA VISION could also be used in its relative valuation, which is a method of valuing NOVA VISION by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Additional Tools for NOVA Stock Analysis
When running NOVA VISION's price analysis, check to measure NOVA VISION'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 VISION is operating at the current time. Most of NOVA VISION's value examination focuses on studying past and present price action to predict the probability of NOVA VISION'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 VISION's price. Additionally, you may evaluate how the addition of NOVA VISION to your portfolios can decrease your overall portfolio volatility.