Nova Measuring Story

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:4em;'>NM</div>
NVMI -- USA Stock  

USD 52.45  0.81  1.57%

In general, we focus on analyzing Nova Measuring (NASDAQ:NVMI) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nova Measuring Instruments daily price indicators and compare them against related drivers. Today's article will concentrate on Nova Measuring. We will evaluate why recent Nova Measuring price moves suggest a bounce in September.
Published over a month ago
View all stories for Nova Measuring | View All Stories
Volatility may be your only friend when it comes to investing in Nova Measuring
Our trade recommendations module provides unbiased advice that can be used to complement current average analyst sentiment on Nova Measuring. Our trade recommendations engine provides an advice for the company potential to grow from the perspective of an investor's risk tolerance and investing horizon.
The successful prediction of Nova Measuring stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Nova Measuring Instruments, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Nova Measuring based on Nova Measuring hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to Nova Measuring's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Nova Measuring's related companies.

Use Technical Analysis to project Nova Measuring expected Price

Nova Measuring 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 Nova Measuring technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nova Measuring 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...

How Nova Measuring utilizes its cash?

To perform a cash flow analysis of Nova Measuring, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Nova Measuring is receiving and how much cash it distributes out in a given period. The Nova Measuring cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Nova Measuring Net Cash Flow from Operations is most likely to increase significantly in the upcoming years. The last year's value of Net Cash Flow from Operations was reported at 41.2 Million

Breaking down Nova Measuring Indicators

The current price rise of Nova Measuring Instruments may encourage stockholders to take a closer look at the firm as it closed today at a share price of 51.5 on 337,797 in trading volume. The company directors and management may have good odds in positioning the firm resources to exploit market volatility in September. The stock standard deviation of daily returns for 30 days investing horizon is currently 2.41. The current volatility is consistent with the ongoing market swings in July 2020 as well as with Nova Measuring Instr unsystematic, company-specific events.
 2017 2018 2019 2020 (projected)
Cost of Revenue90.81 M105.9 M103.09 M92.16 M
Consolidated Income46.46 M54.38 M35.17 M31.95 M

Deferred Revenue Breakdown

Nova Measuring Deferred Revenue is increasing over the last several years with stable swings. Deferred Revenue is estimated to finish at about 2.3 M this year. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. Nova Measuring Deferred Revenue is most likely to increase significantly in the upcoming years. The last year's value of Deferred Revenue was reported at 2.26 Million
2013
2014
2015
2016
2017
2018
2019
2020
20133.76 Million
20143.06 Million
20155.83 Million
20164.07 Million
201710.33 Million
20183.98 Million
20192.26 Million
20202.32 Million

Over 3 percent rise for Nova Measuring. What does it mean for stockholders?

Current Skewness is up to 0.1. Price may drop again. Nova Measuring Instruments currently demonstrates below-verage downside deviation. It has Information Ratio of 0.13 and Jensen Alpha of 0.56. However, we do advice investors to further question Nova Measuring Instruments expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

The Current Takeaway on Nova Measuring Investment

While some firms under the semiconductor equipment & materials industry are still a bit expensive, Nova Measuring may offer a potential longer-term growth to stockholders. While some stockholders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Nova Measuring.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Nova Measuring Instruments. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com