Novus Acquisition And Stock Today
| NDEV Stock | USD 0.02 0 10.00% |
Performance3 of 100
| Odds Of DistressLess than 10
|
Novus Acquisition is selling for under 0.018 as of the 19th of April 2024; that is -10 percent down since the beginning of the trading day. The stock's lowest day price was 0.018. Novus Acquisition has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Novus Acquisition and are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Novus Acquisition Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California It offers health policies in CBD concentrate cannabis space benefit plans, such as dental vision, hearing, and telemedicine and THC health plans. The company has 97.85 M outstanding shares. More on Novus Acquisition and
Moving against Novus Pink Sheet
| 0.49 | AXAHF | AXA SA | PairCorr |
| 0.45 | ZURVY | Zurich Insurance | PairCorr |
| 0.45 | AIG | American International Financial Report 2nd of May 2024 | PairCorr |
| 0.44 | ALIZF | Allianz SE | PairCorr |
Follow Valuation Odds of Bankruptcy
Check how we calculate scores
Novus Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Novus Acquisition's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Novus Acquisition or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Insurance—Diversified, Financial Services (View all Sectors) |
Novus Acquisition and [NDEV] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.23 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novus Acquisition's market, we take the total number of its shares issued and multiply it by Novus Acquisition'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. Novus Acquisition conducts business under Financial Services sector and is part of Insurance—Diversified industry. The entity has 97.85 M outstanding shares.
Novus Acquisition and currently holds about 106.27 K in cash with 95.51 K of positive cash flow from operations.
Check Novus Acquisition Probability Of Bankruptcy
Novus Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Novus Acquisition jumping above the current price in 90 days from now is about 87.66%. The Novus Acquisition and probability density function shows the probability of Novus Acquisition pink sheet to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Novus Acquisition and has a beta of -2.017. This indicates as returns on its benchmark rise, returns on holding Novus Acquisition and are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Novus Acquisition is expected to outperform its benchmark. Moreover, novus Acquisition and has an alpha of 1.4454, implying that it can generate a 1.45 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Novus Acquisition to move above the current price in 90 days from now is about 87.66 (This Novus Acquisition and probability density function shows the probability of Novus Pink Sheet to fall within a particular range of prices over 90 days) .
Novus Acquisition Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Novus Acquisition market risk premium is the additional return an investor will receive from holding Novus Acquisition long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Novus Acquisition. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Novus Acquisition's alpha and beta are two of the key measurements used to evaluate Novus Acquisition's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 13.23 | |||
| Semi Deviation | 12.22 | |||
| Standard Deviation | 18.02 | |||
| Variance | 324.61 |
Novus Stock Against Markets
Picking the right benchmark for Novus Acquisition pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Novus Acquisition pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Novus Acquisition is critical whether you are bullish or bearish towards Novus Acquisition and at a given time. Please also check how Novus Acquisition's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Novus Acquisition without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Fundamentals Comparison Now
Fundamentals ComparisonCompare fundamentals across multiple equities to find investing opportunities |
| All Next | Launch Module |
How to buy Novus Pink Sheet?
Before investing in Novus Acquisition, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Novus Acquisition. To buy Novus Acquisition stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Novus Acquisition. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Novus Acquisition stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Novus Acquisition and stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Novus Acquisition and stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Novus Acquisition and, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Novus Acquisition and?
The danger of trading Novus Acquisition and is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Novus Acquisition is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Novus Acquisition. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Novus Acquisition is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novus Acquisition and. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Novus Acquisition information on this page should be used as a complementary analysis to other Novus Acquisition'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Novus Pink Sheet analysis
When running Novus Acquisition's price analysis, check to measure Novus Acquisition'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 Novus Acquisition is operating at the current time. Most of Novus Acquisition's value examination focuses on studying past and present price action to predict the probability of Novus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novus Acquisition's price. Additionally, you may evaluate how the addition of Novus Acquisition to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Transaction History View history of all your transactions and understand their impact on performance |