Novus Acquisition Buy Hold or Sell Recommendation

NDEV -- USA Stock  

USD 0.15  0.009  6.43%

Given the investment horizon of 30 days, and your above average risk tolerance our recommendation regarding Novus Acquisition Development Corp is 'Strong Sell'. Macroaxis provides Novus Acquisition buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NDEV positions. The advice algorithm takes into account all of Novus Acquisition available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from NDEV buy-and-hold prospective. Please see also Novus Acquisition Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Novus AcquisitionBuy Novus Acquisition
Strong Sell

Volatility

Hype Condition

Current Valuation

Odds of Distress

Analyst Consensus

Not Available
For the selected time horizon Novus Acquisition Development Corp has a mean deviation of 3.37, semi deviation of 0.0, standard deviation of 4.58, variance of 21.01, downside variance of 0.0 and semi variance of 0.0
We provide buy, hold, or sell recommendation to complement the last-minute expert consensus on Novus Acquisition Development Corp. Our dynamic recommendation engine harnesses multi - dimensional algorithm to analyze the entity potential to grow using all technical and fundamental data available at the time. To make sure Novus Acquisition is not overpriced, please verify all Novus Acquisition Development Corp fundamentals including its Cash and Equivalents, Earnings Per Share as well as the relationship between Earnings Per Share and Retained Earnings . As Novus Acquisition appears to be a penny stock we also strongly suggest to check its Revenue numbers.

Novus Acquisition Trading Alerts and Improvement Suggestions

Novus Acquisition has some characteristics of a very speculative penny stock
Novus Acquisition has very high historical volatility over the last 30 days

Novus Acquisition Returns Distribution Density

Mean Return0.22Value At Risk7.74
Potential Upside7.41Standard Deviation4.58
 Return Density 
      Distribution 

Institutional Investors

Security TypeSharesValue
Integrated Wealth ManagementCommon Shares5.1 K0.0

Novus Acquisition Greeks

α
Alpha over DOW
=0.55
β
Beta against DOW=2.16
σ
Overall volatility
=4.56
Ir
Information ratio =0.08

Novus Acquisition Volatility Alert

Novus Acquisition Development Corp exhibits very low volatility with skewness of -0.11 and kurtosis of 0.31. However, we advise investors to further study Novus Acquisition Development Corp technical indicators to make sure all market info is available and is reliable. Novus Acquisition Development Corp is a potential penny stock. Although Novus Acquisition may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial stock hype. Please make sure you totally understand upside potential and downside risk of investing in Novus Acquisition Development Corp. We encourage investors to look for the signals such us email spams, message board hypes, claims of breakthroughs, volume upswings,sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on this equity instrument if you perfectly time your entry and exit. However, remember that penny stocks that has been the subject of an artificial hype usually unable to maintain its increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The one and only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.
    
 Better Than Average     
    
 Worse Than Average Compare Novus Acquisition to competition

Novus Acquisition Fundamental Vs Peers

FundamentalsNovus AcquisitionPeer Average
Profit Margin24.53% (1.27)%
Operating Margin35.04% (5.51)%
Current Valuation343.66K16.62B
Shares Outstanding97.85M571.82M
Price to Earning12.70X28.72X
Price to Sales154.18X11.42X
Revenue96.76K9.43B
Gross Profit92.87K27.38B
Net Income23.73K570.98M
Cash and Equivalents107.14K2.7B
Cash per Share0.06X5.01X
Total Debt180K5.32B
Book Value Per Share(0.04)X1.93K
Cash Flow from Operations12.01K971.22M
Earnings Per Share0.012X3.12X
Number of Employees118.84K
Beta1.34-0.15
Market Capitalization14.92M19.03B
Total Asset791K29.47B
Retained Earnings(6M)9.33B
Working Capital35K1.48B
Current Asset150K9.34B
Current Liabilities115K7.9B
Z Score39.48.72

Novus Acquisition Market Momentum

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