Nuvation Bio Stock Price on February 16, 2021

NUVB Stock  USD 3.97  1.09  37.85%   
If you're considering investing in Nuvation Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nuvation Bio stands at 3.97, as last reported on the 28th of March, with the highest price reaching 4.06 and the lowest price hitting 3.02 during the day. Nuvation Bio is very risky given 3 months investment horizon. Nuvation Bio has Sharpe Ratio of 0.24, which conveys that the firm had a 0.24% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.86% are justified by taking the suggested risk. Use Nuvation Bio Downside Deviation of 4.11, mean deviation of 4.6, and Risk Adjusted Performance of 0.1392 to evaluate company specific risk that cannot be diversified away.
  
The current year's Liabilities And Stockholders Equity is expected to grow to about 630.2 M, whereas Total Stockholder Equity is forecasted to decline to about 488.7 M. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.31, whereas Price Earnings Ratio is forecasted to decline to (4.58). Nuvation Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.238

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Estimated Market Risk

 7.84
  actual daily
69
69% of assets are less volatile

Expected Return

 1.86
  actual daily
36
64% of assets have higher returns

Risk-Adjusted Return

 0.24
  actual daily
18
82% of assets perform better
Based on monthly moving average Nuvation Bio is performing at about 18% 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 Nuvation Bio by adding it to a well-diversified portfolio.
Price Book
1.0425
Book Value
2.763
Enterprise Value
23.6 M
Enterprise Value Ebitda
(0.24)
Shares Float
124.9 M

Nuvation Bio Valuation on February 16, 2021

It is possible to determine the worth of Nuvation Bio on a given historical date. On February 16, 2021 Nuvation was worth 5.36 at the beginning of the trading date compared to the closed value of 5.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nuvation Bio stock. Still, in general, we apply an absolute valuation method to find Nuvation Bio's 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 Nuvation Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nuvation Bio's related companies.
 Open High Low Close Volume
03/14/2022
  5.36    5.60    5.31    5.38    1,470,700  
  5.39    5.60    5.12    5.23    1,077,000  
Backtest Nuvation Bio  |  Nuvation Bio History  |  Nuvation Bio Valuation Next  
Open Value
5.36
5.38
Closing Value
28.87
Upside

Nuvation Bio Trading Date Momentum on February 16, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Nuvation Bio Fundamentals Correlations and Trends

By evaluating Nuvation Bio's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nuvation Bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nuvation financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nuvation Bio Stock history

Nuvation Bio 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 Nuvation is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nuvation Bio 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 Nuvation Bio stock prices may prove useful in developing a viable investing in Nuvation Bio
Last ReportedProjected for 2024
Common Stock Shares Outstanding218.9 M187.3 M
Net Loss-93.8 M-89.1 M

Nuvation Bio Stock Technical Analysis

Nuvation Bio 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.
A focus of Nuvation Bio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nuvation Bio trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nuvation Bio Period Price Range

Low
March 14, 2022
High

 5.36 

  

 5.38 

0.020.37%

Nuvation Bio March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Nuvation Bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nuvation Bio shares will generate the highest return on investment. By undertsting and applying Nuvation Bio stock market strength indicators, traders can identify Nuvation Bio entry and exit signals to maximize returns

Nuvation Bio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nuvation Bio's price direction in advance. Along with the technical and fundamental analysis of Nuvation Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nuvation 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.
When determining whether Nuvation Bio offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nuvation Bio's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nuvation Bio Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nuvation Bio Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nuvation Bio. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Nuvation Stock refer to our How to Trade Nuvation Stock guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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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.
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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.