Nova (Israel) Analysis

Nova Stock Analysis Notes

About 78.0% of the company shares are owned by institutional investors. The book value of Nova was now reported as 19.28. The company recorded earning per share (EPS) of 13.91. Nova had not issued any dividends in recent years. Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Nova Measuring Instruments Ltd. was founded in 1993 and is headquartered in Rehovot, Israel. NOVA MEASURING operates under Semiconductor Equipment Materials classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 713 people. To find out more about Nova contact Eitan Oppenhaim at (972) 73 229 5760 or learn more at www.novami.com.

Nova Investment Alerts

Nova Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.1 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nova's market, we take the total number of its shares issued and multiply it by Nova's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Nova Profitablity

The company has Profit Margin (PM) of 0.23 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.27 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.27.

Technical Drivers

As of the 25th of April, Nova secures the Downside Deviation of 2.21, mean deviation of 1.83, and Risk Adjusted Performance of 0.1173. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nova, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Nova, which can be compared to its peers in the industry. Please verify Nova treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside to decide if Nova is priced some-what accurately, providing market reflects its recent price of 63670.0 per share.

Nova Price Movement Analysis

Nova Predictive Daily Indicators

Nova Forecast Models

Nova's time-series forecasting models are one of many Nova's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nova's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nova prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nova shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nova. By using and applying Nova Stock analysis, traders can create a robust methodology for identifying Nova entry and exit points for their positions.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova. 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. For information on how to trade Nova Stock refer to our How to Trade Nova Stock guide.You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

When running Nova's price analysis, check to measure Nova'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 Nova is operating at the current time. Most of Nova's value examination focuses on studying past and present price action to predict the probability of Nova's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova's price. Additionally, you may evaluate how the addition of Nova to your portfolios can decrease your overall portfolio volatility.