Novadaq Technologies Etf Price History
| NVDQ Etf | 2.66 0.19 7.69% |
Below is the normalized historical share price chart for Novadaq Technologies extending back to June 25, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Novadaq Technologies stands at 2.66, as last reported on the 31st of May, with the highest price reaching 2.69 and the lowest price hitting 2.43 during the day.
If you're considering investing in Novadaq Etf, it is important to understand the factors that can impact its price. Novadaq Technologies has Sharpe Ratio of -0.14, which conveys that the entity had a -0.14% return per unit of risk over the last 3 months. Novadaq Technologies exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Novadaq Technologies' Standard Deviation of 6.42, risk adjusted performance of (0.11), and Mean Deviation of 4.87 to check out the risk estimate we provide.
Novadaq Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of June 2005 | 200 Day MA 12.6972 | 50 Day MA 4.4242 |
Novadaq |
Sharpe Ratio = -0.1389
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | NVDQ |
Estimated Market Risk
| 6.54 actual daily | 57 57% of assets are less volatile |
Expected Return
| -0.91 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Novadaq Technologies 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 Novadaq Technologies by adding Novadaq Technologies to a well-diversified portfolio.
Wall Street Target Price 12 |
Novadaq Technologies Etf Price History Chart
There are several ways to analyze Novadaq Technologies Etf price data. The simplest method is using a basic Novadaq candlestick price chart, which shows Novadaq Technologies price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | April 19, 2024 | 6.17 |
| Lowest Price | May 29, 2024 | 2.47 |
Novadaq Technologies May 31, 2024 Etf Price Synopsis
Various analyses of Novadaq Technologies' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Novadaq Etf. It can be used to describe the percentage change in the price of Novadaq Technologies from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Novadaq Etf.| Novadaq Technologies Price Daily Balance Of Power | 0.73 | |
| Novadaq Technologies Price Action Indicator | 0.20 | |
| Novadaq Technologies Price Rate Of Daily Change | 1.08 | |
| Novadaq Technologies Accumulation Distribution | 1,248,831 |
Novadaq Technologies May 31, 2024 Etf Price Analysis
Novadaq Etf Price History Data
The price series of Novadaq Technologies for the period between Sat, Mar 2, 2024 and Fri, May 31, 2024 has a statistical range of 4.07 with a coefficient of variation of 16.81. The daily prices for the period are spread out with arithmetic mean of 4.65. The median price for the last 90 days is 4.67.| Open | High | Low | Close | Volume | ||
| 05/30/2024 | 2.48 | 2.69 | 2.43 | 2.66 | 12,920,600 | |
| 05/29/2024 | 2.56 | 2.64 | 2.44 | 2.47 | 11,310,500 | |
| 05/28/2024 | 2.71 | 2.74 | 2.47 | 2.49 | 13,012,200 | |
| 05/24/2024 | 3.04 | 3.13 | 2.92 | 2.92 | 7,157,800 | |
| 05/23/2024 | 3.23 | 3.25 | 2.89 | 3.09 | 16,733,300 | |
| 05/22/2024 | 3.74 | 3.91 | 3.70 | 3.79 | 8,796,500 | |
| 05/21/2024 | 3.89 | 3.92 | 3.75 | 3.75 | 3,336,094 | |
| 05/20/2024 | 3.89 | 3.91 | 3.76 | 3.80 | 3,611,300 | |
| 05/17/2024 | 3.84 | 4.05 | 3.82 | 3.99 | 3,702,200 | |
| 05/16/2024 | 3.80 | 3.85 | 3.72 | 3.83 | 4,181,906 | |
| 05/15/2024 | 4.01 | 4.08 | 3.79 | 3.81 | 6,358,800 | |
| 05/14/2024 | 4.27 | 4.33 | 4.08 | 4.12 | 4,440,100 | |
| 05/13/2024 | 4.18 | 4.37 | 4.14 | 4.19 | 5,487,282 | |
| 05/10/2024 | 4.20 | 4.31 | 4.09 | 4.24 | 4,947,600 | |
| 05/09/2024 | 4.18 | 4.40 | 4.15 | 4.36 | 5,387,782 | |
| 05/08/2024 | 4.27 | 4.29 | 4.12 | 4.20 | 4,614,900 | |
| 05/07/2024 | 4.15 | 4.32 | 4.08 | 4.18 | 6,864,600 | |
| 05/06/2024 | 4.32 | 4.34 | 4.04 | 4.05 | 4,650,600 | |
| 05/03/2024 | 4.48 | 4.55 | 4.32 | 4.37 | 5,840,525 | |
| 05/02/2024 | 4.87 | 5.01 | 4.65 | 4.70 | 4,409,800 | |
| 05/01/2024 | 4.80 | 5.22 | 4.72 | 5.04 | 12,132,500 | |
| 04/30/2024 | 4.58 | 4.67 | 4.42 | 4.67 | 5,441,700 | |
| 04/29/2024 | 4.54 | 4.78 | 4.51 | 4.53 | 3,966,600 | |
| 04/26/2024 | 5.02 | 5.07 | 4.46 | 4.51 | 5,868,900 | |
| 04/25/2024 | 5.70 | 5.77 | 5.07 | 5.17 | 8,455,151 | |
| 04/24/2024 | 5.02 | 5.63 | 5.01 | 5.58 | 5,422,030 | |
| 04/23/2024 | 5.47 | 5.53 | 5.17 | 5.21 | 3,434,495 | |
| 04/22/2024 | 5.88 | 6.15 | 5.56 | 5.64 | 5,890,472 | |
| 04/19/2024 | 5.36 | 6.25 | 5.18 | 6.17 | 8,213,291 | |
| 04/18/2024 | 5.12 | 5.41 | 4.96 | 5.15 | 3,109,200 | |
| 04/17/2024 | 4.75 | 5.22 | 4.70 | 5.21 | 3,469,300 | |
| 04/16/2024 | 4.96 | 5.00 | 4.76 | 4.85 | 3,499,188 | |
| 04/15/2024 | 4.67 | 5.01 | 4.51 | 5.01 | 3,535,592 | |
| 04/12/2024 | 4.62 | 4.84 | 4.58 | 4.76 | 3,696,600 | |
| 04/11/2024 | 4.88 | 4.94 | 4.51 | 4.53 | 3,678,100 | |
| 04/10/2024 | 5.32 | 5.33 | 4.89 | 4.93 | 4,937,700 | |
| 04/09/2024 | 4.89 | 5.40 | 4.87 | 5.14 | 4,470,900 | |
| 04/08/2024 | 4.76 | 4.98 | 4.75 | 4.93 | 2,074,900 | |
| 04/05/2024 | 4.96 | 5.07 | 4.79 | 4.84 | 2,937,300 | |
| 04/04/2024 | 4.59 | 5.09 | 4.57 | 5.09 | 3,244,246 | |
| 04/03/2024 | 4.81 | 4.81 | 4.60 | 4.75 | 1,936,600 | |
| 04/02/2024 | 4.81 | 4.89 | 4.63 | 4.70 | 2,689,391 | |
| 04/01/2024 | 4.61 | 4.72 | 4.42 | 4.62 | 2,501,400 | |
| 03/29/2024 | 4.64 | 4.72 | 4.51 | 4.62 | 2,655,748 | |
| 03/28/2024 | 4.64 | 4.72 | 4.51 | 4.62 | 2,647,792 | |
| 03/27/2024 | 4.35 | 4.71 | 4.33 | 4.61 | 4,414,599 | |
| 03/26/2024 | 4.10 | 4.39 | 4.06 | 4.39 | 3,906,600 | |
| 03/25/2024 | 4.26 | 4.31 | 4.03 | 4.18 | 4,125,700 | |
| 03/22/2024 | 4.56 | 4.57 | 4.20 | 4.25 | 3,734,400 | |
| 03/21/2024 | 4.43 | 4.62 | 4.39 | 4.52 | 5,369,293 | |
| 03/20/2024 | 4.69 | 4.86 | 4.62 | 4.63 | 2,134,886 | |
| 03/19/2024 | 5.03 | 5.21 | 4.61 | 4.74 | 3,463,769 | |
| 03/18/2024 | 4.64 | 4.98 | 4.40 | 4.84 | 2,756,669 | |
| 03/15/2024 | 5.00 | 5.08 | 4.71 | 4.89 | 2,440,900 | |
| 03/14/2024 | 4.72 | 5.03 | 4.62 | 4.87 | 3,131,507 | |
| 03/13/2024 | 4.56 | 4.82 | 4.53 | 4.58 | 2,740,114 | |
| 03/12/2024 | 4.95 | 5.18 | 4.48 | 4.49 | 4,022,200 | |
| 03/11/2024 | 5.19 | 5.41 | 4.89 | 5.23 | 6,118,100 | |
| 03/08/2024 | 4.29 | 5.13 | 4.07 | 5.02 | 8,128,400 | |
| 03/07/2024 | 4.80 | 4.86 | 4.52 | 4.53 | 1,777,754 | |
| 03/06/2024 | 5.06 | 5.17 | 4.85 | 4.96 | 1,646,770 |
About Novadaq Technologies Etf history
Novadaq Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Novadaq is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Novadaq Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Novadaq Technologies stock prices may prove useful in developing a viable investing in Novadaq Technologies
Novadaq Technologies Inc. develops, manufactures, and markets fluorescence imaging solutions for use by surgeons in the operating room and other clinical settings in the United States and internationally.
Novadaq Technologies Etf Technical Analysis
Novadaq Technologies technical etf 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, etf market cycles, or different charting patterns.
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Novadaq Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Novadaq Technologies' price direction in advance. Along with the technical and fundamental analysis of Novadaq Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Novadaq to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (1.22) | |||
| Total Risk Alpha | (1.37) | |||
| Treynor Ratio | 1.84 |
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| Volume Indicators |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Novadaq Technologies. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. To learn how to invest in Novadaq Etf, please use our How to Invest in Novadaq Technologies guide.Note that the Novadaq Technologies information on this page should be used as a complementary analysis to other Novadaq Technologies' 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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Novadaq Technologies is measured differently than its book value, which is the value of Novadaq that is recorded on the company's balance sheet. Investors also form their own opinion of Novadaq Technologies' value that differs from its market value or its book value, called intrinsic value, which is Novadaq Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Novadaq Technologies' market value can be influenced by many factors that don't directly affect Novadaq Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Novadaq Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Novadaq Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Novadaq Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.