Cnova NV Performance
| CNVAFDelisted Stock | USD 2.95 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Cnova NV are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Cnova NV has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Cnova NV is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 9 M | |
| Total Cashflows From Investing Activities | 31.2 M |
Cnova |
Cnova NV Relative Risk vs. Return Landscape
If you would invest 295.00 in Cnova NV on January 25, 2024 and sell it today you would earn a total of 0.00 from holding Cnova NV or generate 0.0% return on investment over 90 days. Cnova NV is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Cnova, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Cnova NV Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cnova NV's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Cnova NV, and traders can use it to determine the average amount a Cnova NV's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Cnova NV is not performing at its full potential. However, 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 Cnova NV by adding Cnova NV to a well-diversified portfolio.
Cnova NV Fundamentals Growth
Cnova Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Cnova NV, and Cnova NV fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cnova Pink Sheet performance.
| Return On Asset | -0.0121 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 1.71 B | ||||
| Shares Outstanding | 345.21 M | ||||
| Price To Sales | 0.65 X | ||||
| Revenue | 2.17 B | ||||
| EBITDA | 66.71 M | ||||
| Cash And Equivalents | 14.74 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 280.43 M | ||||
| Book Value Per Share | (1.14) X | ||||
| Cash Flow From Operations | 50.13 M | ||||
| Earnings Per Share | (0.16) X | ||||
| Total Asset | 1.24 B | ||||
About Cnova NV Performance
To evaluate Cnova NV Pink Sheet as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cnova NV generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cnova Pink Sheet's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cnova NV market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cnova's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Cnova N.V. operates as an e-commerce company in France and Western Europe. Cnova N.V. is a subsidiary of Casino, Guichard-Perrachon S.A. Cnova NV is traded on OTC Exchange in the United States.Things to note about Cnova NV performance evaluation
Checking the ongoing alerts about Cnova NV for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Cnova NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cnova NV is not yet fully synchronised with the market data | |
| Cnova NV has a very high chance of going through financial distress in the upcoming years | |
| The company has accumulated 280.43 M in total debt. Cnova NV has a current ratio of 0.58, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Cnova NV until it has trouble settling it off, either with new capital or with free cash flow. So, Cnova NV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cnova NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cnova to invest in growth at high rates of return. When we think about Cnova NV's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.17 B. Net Loss for the year was (50.56 M) with profit before overhead, payroll, taxes, and interest of 476.96 M. | |
| About 98.0% of the company shares are held by company insiders |
- Analyzing Cnova NV's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cnova NV's stock is overvalued or undervalued compared to its peers.
- Examining Cnova NV's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cnova NV's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cnova NV's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cnova NV's pink sheet. These opinions can provide insight into Cnova NV's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Cnova NV information on this page should be used as a complementary analysis to other Cnova NV's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Cnova Pink Sheet
If you are still planning to invest in Cnova NV check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cnova NV's history and understand the potential risks before investing.
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