Novra Technologies Stock Price on April 1, 2024
| NVI Stock | CAD 0.05 0.01 16.67% |
Below is the normalized historical share price chart for Novra Technologies extending back to July 11, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Novra Technologies stands at 0.05, as last reported on the 28th of May, with the highest price reaching 0.06 and the lowest price hitting 0.05 during the day.
If you're considering investing in Novra Stock, it is important to understand the factors that can impact its price. Novra Technologies appears to be out of control, given 3 months investment horizon. Novra Technologies has Sharpe Ratio of 0.0802, which conveys that the firm had a 0.0802% return per unit of risk over the last 3 months. By analyzing Novra Technologies' technical indicators, you can evaluate if the expected return of 0.86% is justified by implied risk. Please exercise Novra Technologies' Downside Deviation of 17.35, mean deviation of 4.71, and Risk Adjusted Performance of 0.0547 to check out if our risk estimates are consistent with your expectations.
Liabilities And Stockholders Equity is likely to climb to about 10.6 M in 2024, despite the fact that Total Stockholder Equity is likely to grow to (2.7 M). . At this time, Novra Technologies' Price Earnings To Growth Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 8.62 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (14.34). Novra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0546 | 50 Day MA 0.0507 | Beta 1.076 |
Novra |
Sharpe Ratio = 0.0802
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Estimated Market Risk
| 10.74 actual daily | 95 95% of assets are less volatile |
Expected Return
| 0.86 actual daily | 17 83% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Novra Technologies is performing at about 6% of its full potential. 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 Novra Technologies by adding it to a well-diversified portfolio.
Price Book 26.1304 | Enterprise Value Ebitda (36.10) | Price Sales 0.1991 | Shares Float 27 M | Shares Short 62 |
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Novra Technologies Valuation on April 1, 2024
It is possible to determine the worth of Novra Technologies on a given historical date. On April 1, 2024 Novra was worth 0.045 at the beginning of the trading date compared to the closed value of 0.045. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Novra Technologies stock. Still, in general, we apply an absolute valuation method to find Novra Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Novra Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Novra Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 | |
04/01/2024 | 0.04 | 0.04 | 0.04 | 0.04 | 10,000 |
| 0.04 | 0.04 | 0.04 | 0.04 | 1.00 |
| Backtest Novra Technologies | | | Novra Technologies History | | | Novra Technologies Valuation | Previous | Next |
Novra Technologies Trading Date Momentum on April 1, 2024
| On April 02 2024 Novra Technologies was traded for 0.04 at the closing time. The highest daily price throughout the period was 0.04 and the lowest price was 0.04 . There was no trading activity during the period 1.0. Lack of trading volume on 04/02/2024 did not cause price change. The trading delta at closing time to current closing price is 11.11% . |
Novra Technologies Fundamentals Correlations and Trends
By evaluating Novra Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Novra Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Novra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Novra Technologies Stock history
Novra Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Novra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Novra Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Novra Technologies stock prices may prove useful in developing a viable investing in Novra Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 38.4 M | 28.2 M | |
| Net Loss | -1.6 M | -1.6 M |
Novra Technologies Stock Technical Analysis
Novra Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Novra Technologies Period Price Range
Low | April 1, 2024
| High |
0.04 | 0.05 |
Novra Technologies May 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Novra Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novra Technologies shares will generate the highest return on investment. By undertsting and applying Novra Technologies stock market strength indicators, traders can identify Novra Technologies entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 0.045 | |||
| Day Typical Price | 0.045 | |||
| Period Momentum Indicator | 0.005 | |||
| Relative Strength Index | 73.41 |
Novra Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Novra Technologies' price direction in advance. Along with the technical and fundamental analysis of Novra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Novra to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0547 | |||
| Jensen Alpha | 0.6487 | |||
| Total Risk Alpha | 0.1198 | |||
| Sortino Ratio | 0.0438 | |||
| Treynor Ratio | 0.2028 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novra Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Novra Stock analysis
When running Novra Technologies' price analysis, check to measure Novra Technologies' 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 Novra Technologies is operating at the current time. Most of Novra Technologies' value examination focuses on studying past and present price action to predict the probability of Novra Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novra Technologies' price. Additionally, you may evaluate how the addition of Novra Technologies to your portfolios can decrease your overall portfolio volatility.
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