Nova Stock Forecast - Accumulation Distribution
| NVMI Stock | ILA 63,670 20.00 0.03% |
Nova Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nova stock prices and determine the direction of Nova's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nova's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of Nova to cross-verify your projections. For information on how to trade Nova Stock refer to our How to Trade Nova Stock guide.Nova |
Most investors in Nova cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Nova's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nova's price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Nova is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Nova to determine if accumulation or reduction is taking place in the market. This value is adjusted by Nova trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 2217.76 | 435.13 |
| Check Nova Volatility | Backtest Nova | Information Ratio |
Nova Trading Date Momentum
| On April 24 2024 Nova was traded for 63,670 at the closing time. The highest price during the trading period was 64,170 and the lowest recorded bid was listed for 63,410 . The volume for the day was 36.7 K. This history from April 24, 2024 did not cause price change. The trading delta at closing time to the current price is 0.03% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Nova to competition |
Other Forecasting Options for Nova
For every potential investor in Nova, whether a beginner or expert, Nova's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nova Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nova. Basic forecasting techniques help filter out the noise by identifying Nova's price trends.Nova Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nova stock to make a market-neutral strategy. Peer analysis of Nova could also be used in its relative valuation, which is a method of valuing Nova by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nova Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nova's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Nova's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nova Market Strength Events
Market strength indicators help investors to evaluate how Nova stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nova shares will generate the highest return on investment. By undertsting and applying Nova stock market strength indicators, traders can identify Nova entry and exit signals to maximize returns.
| Accumulation Distribution | 435.13 | |||
| Daily Balance Of Power | 0.0263 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 63790.0 | |||
| Day Typical Price | 63750.0 | |||
| Market Facilitation Index | 0.0207 | |||
| Price Action Indicator | (110.00) | |||
| Period Momentum Indicator | 20.0 |
Nova Risk Indicators
The analysis of Nova's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nova's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nova stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.83 | |||
| Semi Deviation | 1.77 | |||
| Standard Deviation | 2.57 | |||
| Variance | 6.59 | |||
| Downside Variance | 4.88 | |||
| Semi Variance | 3.14 | |||
| Expected Short fall | (2.23) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Nova to cross-verify your projections. For information on how to trade Nova Stock refer to our How to Trade Nova Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Nova Stock analysis
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.
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