Nuvation Bio Stock Buy Hold or Sell Recommendation
NUVB Stock | USD 2.66 0.02 0.75% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Nuvation Bio is 'Hold'. Macroaxis provides Nuvation Bio buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding NUVB positions. The advice algorithm takes into account all of Nuvation Bio's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Nuvation Bio's buy or sell advice are summarized below:
Real Value 3.07 | Target Price 4.08 | Hype Value 3.35 | Market Value 2.66 | Naive Value 2.11 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Nuvation Bio given historical horizon and risk tolerance towards Nuvation Bio. When Macroaxis issues a 'buy' or 'sell' recommendation for Nuvation Bio, the advice is generated through an automated system that utilizes algorithms and statistical models.
Nuvation |
Execute Nuvation Bio Buy or Sell Advice
The Nuvation recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Nuvation Bio. Macroaxis does not own or have any residual interests in Nuvation Bio or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Nuvation Bio's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Hold
Market Performance | OK | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Nuvation Bio Trading Alerts and Improvement Suggestions
Nuvation Bio is way too risky over 90 days horizon | |
Nuvation Bio appears to be risky and price may revert if volatility continues | |
Net Loss for the year was (75.8 M) with profit before overhead, payroll, taxes, and interest of 0. | |
Nuvation Bio currently holds about 703.8 M in cash with (68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.22, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Nuvation Bio has a frail financial position based on the latest SEC disclosures | |
Roughly 55.0% of the company shares are owned by institutional investors | |
Latest headline from MacroaxisInsider: Acquisition by W Vernon of 118784 shares of Nuvation Bio at 4.05 subject to Rule 16b-3 |
Nuvation Bio Returns Distribution Density
The distribution of Nuvation Bio's historical returns is an attempt to chart the uncertainty of Nuvation Bio's future price movements. The chart of the probability distribution of Nuvation Bio daily returns describes the distribution of returns around its average expected value. We use Nuvation Bio price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Nuvation Bio returns is essential to provide solid investment advice for Nuvation Bio.
Mean Return | 1.15 | Value At Risk | -6.5 | Potential Upside | 16.67 | Standard Deviation | 7.85 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Nuvation Bio historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Nuvation Bio Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 3.5K | 26.3M | 102.7M | (31.3M) | (58.5M) | (55.5M) | |
Depreciation | 13.0 | 103K | 184K | 199K | 222K | 132.2K | |
Capital Expenditures | 659.0 | 145K | 282K | 370K | 69K | 65.6K | |
Net Income | (33.6K) | (41.7M) | (86.8M) | (104.2M) | (75.8M) | (79.6M) |
Nuvation Bio Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Nuvation Bio or Biotechnology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Nuvation Bio's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Nuvation stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 1.06 | |
β | Beta against NYSE Composite | 0.95 | |
σ | Overall volatility | 7.97 | |
Ir | Information ratio | 0.13 |
Nuvation Bio Volatility Alert
Nuvation Bio is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Nuvation Bio's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Nuvation Bio's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Nuvation Bio Fundamentals Vs Peers
Comparing Nuvation Bio's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Nuvation Bio's direct or indirect competition across all of the common fundamentals between Nuvation Bio and the related equities. This way, we can detect undervalued stocks with similar characteristics as Nuvation Bio or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Nuvation Bio's fundamental indicators could also be used in its relative valuation, which is a method of valuing Nuvation Bio by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Nuvation Bio to competition |
Fundamentals | Nuvation Bio | Peer Average |
Return On Equity | -0.12 | -0.31 |
Return On Asset | -0.0965 | -0.14 |
Current Valuation | (20.16 M) | 16.62 B |
Shares Outstanding | 245.73 M | 571.82 M |
Shares Owned By Insiders | 24.52 % | 10.09 % |
Shares Owned By Institutions | 55.06 % | 39.21 % |
Number Of Shares Shorted | 3.01 M | 4.71 M |
Price To Book | 1.21 X | 9.51 X |
EBITDA | (99.6 M) | 3.9 B |
Net Income | (75.8 M) | 570.98 M |
Cash And Equivalents | 703.8 M | 2.7 B |
Cash Per Share | 3.22 X | 5.01 X |
Total Debt | 4.01 M | 5.32 B |
Debt To Equity | 0.01 % | 48.70 % |
Current Ratio | 33.58 X | 2.16 X |
Book Value Per Share | 2.76 X | 1.93 K |
Cash Flow From Operations | (68 M) | 971.22 M |
Short Ratio | 1.44 X | 4.00 X |
Earnings Per Share | (0.35) X | 3.12 X |
Target Price | 5.9 | |
Number Of Employees | 51 | 18.84 K |
Beta | 1.37 | -0.15 |
Market Capitalization | 661.23 M | 19.03 B |
Total Asset | 621.48 M | 29.47 B |
Retained Earnings | (342.8 M) | 9.33 B |
Working Capital | 602.46 M | 1.48 B |
Net Asset | 621.48 M |
Note: Acquisition by W Vernon of 118784 shares of Nuvation Bio at 4.05 subject to Rule 16b-3 [view details]
Nuvation Bio Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Nuvation . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Nuvation Bio Buy or Sell Advice
When is the right time to buy or sell Nuvation Bio? Buying financial instruments such as Nuvation Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Total Current Assets | 772.1M | 667.3M | 616.4M | 417.4M | Accounts Payable | 3.9M | 2.1M | 2.2M | 1.9M |
Use Investing Ideas to Build Portfolios
In addition to having Nuvation Bio in your portfolios, you can quickly 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 investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Warren Buffett Holdings Thematic Idea Now
Warren Buffett Holdings
A long-term portfolio of publicly-traded stocks on US exchanges that are owned by Warren Buffett's holding company Berkshire Hathaway. The Warren Buffett Holdings theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Warren Buffett Holdings Theme or any other thematic opportunities.
View All Next | Launch |
Check out Nuvation Bio Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Nuvation Stock refer to our How to Trade Nuvation Stock guide.You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Nuvation Stock analysis
When running Nuvation Bio's price analysis, check to measure Nuvation Bio'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 Nuvation Bio is operating at the current time. Most of Nuvation Bio's value examination focuses on studying past and present price action to predict the probability of Nuvation Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nuvation Bio's price. Additionally, you may evaluate how the addition of Nuvation Bio to your portfolios can decrease your overall portfolio volatility.
Transaction History View history of all your transactions and understand their impact on performance | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Stocks Directory Find actively traded stocks across global markets | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |
Is Nuvation Bio's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nuvation Bio. If investors know Nuvation will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nuvation Bio listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.35) | Return On Assets (0.1) | Return On Equity (0.12) |
The market value of Nuvation Bio is measured differently than its book value, which is the value of Nuvation that is recorded on the company's balance sheet. Investors also form their own opinion of Nuvation Bio's value that differs from its market value or its book value, called intrinsic value, which is Nuvation Bio's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nuvation Bio's market value can be influenced by many factors that don't directly affect Nuvation Bio's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nuvation Bio's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nuvation Bio is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nuvation Bio's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.