Nova Minerals Limited Stock Alpha and Beta Analysis
| NVAWW Stock | 4.00 0.42 9.50% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Nova Minerals Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in Nova Minerals over a specified time horizon. Remember, high Nova Minerals' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Nova Minerals' market risk premium analysis include:
Beta (1.36) | Alpha 1.22 | Risk 10.48 | Sharpe Ratio 0.061 | Expected Return 0.64 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Nova |
Nova Minerals Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Nova Minerals market risk premium is the additional return an investor will receive from holding Nova Minerals long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Nova Minerals. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Nova Minerals' performance over market.| α | 1.22 | β | -1.36 |
Nova Minerals expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Nova Minerals' Buy-and-hold return. Our buy-and-hold chart shows how Nova Minerals performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Nova Minerals Market Price Analysis
Market price analysis indicators help investors to evaluate how Nova Minerals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nova Minerals shares will generate the highest return on investment. By understating and applying Nova Minerals stock market price indicators, traders can identify Nova Minerals position entry and exit signals to maximize returns.
Nova Minerals Return and Market Media
The median price of Nova Minerals for the period between Mon, Dec 16, 2024 and Sun, Mar 16, 2025 is 5.1 with a coefficient of variation of 29.94. The daily time series for the period is distributed with a sample standard deviation of 1.61, arithmetic mean of 5.39, and mean deviation of 1.2. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Nova Minerals Expands Share Issuance and Awaits Exploration Results - TipRanks | 01/07/2025 |
2 | Nova Minerals Strengthens Financial Position with Debt Elimination - MSN | 01/10/2025 |
3 | Nova Minerals Identifies RPM Style Gold in Regional Sampling Up to 52.3 gt Au on its Estelle Gold and Critical Minerals Project, in Alaska | 02/03/2025 |
4 | Nova Minerals Among the Best Australian Stocks to Buy According to Billionaires - Insider Monkey | 03/10/2025 |
About Nova Minerals Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Nova or other stocks. Alpha measures the amount that position in Nova Minerals Limited has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2024 | 2025 (projected) | Dividend Yield | 0.008249 | 0.0118 | Price To Sales Ratio | 2.34 | 3.41 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nova Minerals in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nova Minerals' short interest history, or implied volatility extrapolated from Nova Minerals options trading.
Build Portfolio with Nova Minerals
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Additional Tools for Nova Stock Analysis
When running Nova Minerals' price analysis, check to measure Nova Minerals' 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 Minerals is operating at the current time. Most of Nova Minerals' value examination focuses on studying past and present price action to predict the probability of Nova Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Minerals' price. Additionally, you may evaluate how the addition of Nova Minerals to your portfolios can decrease your overall portfolio volatility.