Novabase SGPS (Portugal) Today
| NBA Stock | EUR 5.30 0.08 1.49% |
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Novabase SGPS is selling for under 5.30 as of the 3rd of December 2023; that is -1.49 percent decrease since the beginning of the trading day. The stock's lowest day price was 5.3. Novabase SGPS has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Novabase SGPS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 3rd of December 2023. Click here to learn more.
Novabase S.G.P.S., S.A., through its subsidiaries, provides IT consulting and services in Portugal, Europe, Africa, the Middle East, and internationally. Novabase S.G.P.S., S.A. was founded in 1989 and is headquartered in Lisbon, Portugal. NOVABASE SGPS operates under Information Technology Services classification in Exotistan and is traded on Commodity Exchange. The company has 29.34 M outstanding shares. More on Novabase SGPS
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Novabase Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Novabase SGPS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Novabase SGPS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Joao Bento |
| Macroaxis Advice The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Novabase SGPS's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details SellOvervalued | |
Novabase SGPS (NBA) is traded on Euronext Lisbon in Portugal and employs 2,150 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 128.22 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novabase SGPS's market, we take the total number of its shares issued and multiply it by Novabase SGPS'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. Novabase SGPS operates under IT Services sector and is part of Information Technology industry. The entity has 29.34 M outstanding shares.
Novabase SGPS has accumulated about 68.51 M in cash with 8.49 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.23.
Check Novabase SGPS Probability Of Bankruptcy
OwnershipNovabase SGPS maintains a total of twenty-nine million three hundred thirty-nine thousand nine hundred outstanding shares. Novabase SGPS secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 66.32 % of Novabase SGPS outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Ownership Allocation
Check Novabase Ownership DetailsNovabase Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Novabase SGPS jumping above the current price in 90 days from now is about 17.66%. The Novabase SGPS probability density function shows the probability of Novabase SGPS stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Novabase SGPS has a beta of -0.0628. This indicates as returns on benchmark increase, returns on holding Novabase SGPS are expected to decrease at a much lower rate. During the bear market, however, Novabase SGPS is likely to outperform the market. Additionally, the company has an alpha of 0.1683, implying that it can generate a 0.17 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Novabase SGPS to move above the current price in 90 days from now is about 17.66 (This Novabase SGPS probability density function shows the probability of Novabase Stock to fall within a particular range of prices over 90 days) .
Novabase SGPS Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Novabase SGPS market risk premium is the additional return an investor will receive from holding Novabase SGPS 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 Novabase SGPS. 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 Novabase SGPS's alpha and beta are two of the key measurements used to evaluate Novabase SGPS's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.8331 | |||
| Semi Deviation | 0.8539 | |||
| Standard Deviation | 1.3 | |||
| Variance | 1.7 |
Novabase Stock Against Markets
Picking the right benchmark for Novabase SGPS stock 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 Novabase SGPS stock 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 Novabase SGPS is critical whether you are bullish or bearish towards Novabase SGPS at a given time. Please also check how Novabase SGPS'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 Novabase SGPS 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?
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Novabase SGPS Corporate Directors
Novabase SGPS corporate directors refer to members of a Novabase SGPS board of directors. The board of directors generally takes responsibility for the Novabase SGPS's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Novabase SGPS's board members must vote for the resolution. The Novabase SGPS board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Alvaro Ferreira | Chief Human Resources Officer, Executive Director | Profile | |
| Nuno Forneas | CIO, Chief Marketing Officer, Executive Director | Profile | |
| Pedro Carvalho | Non-Executive Director | Profile | |
| Maria Marin | Executive Director, Member of the Executive Team | Profile |
How to buy Novabase Stock?
Before investing in Novabase SGPS, 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 Novabase SGPS. To buy Novabase SGPS stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Novabase SGPS. 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 Novabase SGPS stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Novabase SGPS 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 Novabase SGPS 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 Novabase SGPS, 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.
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The danger of trading Novabase SGPS 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 Novabase SGPS 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 Novabase SGPS. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Novabase SGPS 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 Novabase SGPS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. Note that the Novabase SGPS information on this page should be used as a complementary analysis to other Novabase SGPS'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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Novabase Stock analysis
When running Novabase SGPS's price analysis, check to measure Novabase SGPS'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 Novabase SGPS is operating at the current time. Most of Novabase SGPS's value examination focuses on studying past and present price action to predict the probability of Novabase SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novabase SGPS's price. Additionally, you may evaluate how the addition of Novabase SGPS to your portfolios can decrease your overall portfolio volatility.
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