Nubeva Technologies Stock Today

NBVA Stock  CAD 0.46  0.02  4.55%   


0 of 100

Very Weak

Odds Of Distress

Over 64

Quite High
Nubeva Technologies is selling for under 0.46 as of the 3rd of December 2023; that is 4.55% increase since the beginning of the trading day. The stock's lowest day price was 0.44. Nubeva Technologies has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Nubeva Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of November 2023 and ending today, the 3rd of December 2023. Click here to learn more.
Business Domain
Software & Services
Information Technology
Nubeva Technologies Ltd., together with its subsidiaries, develops software-as-a-service software and services that enable enterprises to run cybersecurity in public cloud environments. The company was founded in 2016 and is headquartered in San Jose, California. The company has 68.25 M outstanding shares of which 42.27 K shares are now shorted by private and institutional investors with about 0.47 days to cover all short positions. More on Nubeva Technologies
Follow Valuation Odds of Bankruptcy
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Nubeva 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. Nubeva Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nubeva Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President CEO, DirectorRandy Chou
Thematic IdeaIT (View all Themes)
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, IT (View all Sectors)
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 Nubeva Technologies' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Nubeva Technologies (NBVA) is traded on TSX Venture Exchange in Canada and employs 8 people. Nubeva Technologies is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 31.05 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nubeva Technologies's market, we take the total number of its shares issued and multiply it by Nubeva Technologies'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. Nubeva Technologies operates under Software sector and is part of Information Technology industry. The entity has 68.25 M outstanding shares of which 42.27 K shares are now shorted by private and institutional investors with about 0.47 days to cover all short positions. Nubeva Technologies has accumulated about 4.89 M in cash with (345.76 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.09.
Check Nubeva Technologies Probability Of Bankruptcy
Nubeva Technologies maintains a total of sixty-eight million two hundred fourty-six thousand four hundred outstanding shares. Nubeva Technologies secures 9.0 % of its outstanding shares held by insiders and 2.11 % owned by institutional investors. 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 Nubeva Ownership Details

Nubeva Stock Price Odds Analysis

Depending on a normal probability distribution, the odds of Nubeva Technologies jumping above the current price in 90 days from now is about 57.0%. The Nubeva Technologies probability density function shows the probability of Nubeva Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Nubeva Technologies has a beta of -2.4021. This indicates as returns on its benchmark rise, returns on holding Nubeva Technologies are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Nubeva Technologies is expected to outperform its benchmark. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Nubeva Technologies is significantly underperforming NYSE Composite.
  Odds Below 0.46HorizonTargetOdds Above 0.46
42.92%90 days
Based on a normal probability distribution, the odds of Nubeva Technologies to move above the current price in 90 days from now is about 57.0 (This Nubeva Technologies probability density function shows the probability of Nubeva Stock to fall within a particular range of prices over 90 days) .

Nubeva Technologies Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Nubeva Technologies market risk premium is the additional return an investor will receive from holding Nubeva Technologies 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 Nubeva Technologies. 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 Nubeva Technologies' alpha and beta are two of the key measurements used to evaluate Nubeva Technologies' performance over the market, the standard measures of volatility play an important role as well.

Nubeva Stock Against Markets

Picking the right benchmark for Nubeva Technologies 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 Nubeva Technologies 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 Nubeva Technologies is critical whether you are bullish or bearish towards Nubeva Technologies at a given time. Please also check how Nubeva Technologies' 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 Nubeva Technologies 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.

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Nubeva Technologies Corporate Executives

Elected by the shareholders, the Nubeva Technologies' board of directors comprises two types of representatives: Nubeva Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nubeva. The board's role is to monitor Nubeva Technologies' management team and ensure that shareholders' interests are well served. Nubeva Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nubeva Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.

How to buy Nubeva Stock?

Before investing in Nubeva Technologies, 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 Nubeva Technologies. To buy Nubeva Technologies stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nubeva Technologies. 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 Nubeva Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Nubeva Technologies 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 Nubeva Technologies 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 Nubeva Technologies, 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 Nubeva Technologies?

The danger of trading Nubeva Technologies 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 Nubeva Technologies 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 Nubeva Technologies. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nubeva Technologies 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 Nubeva Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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Please note, there is a significant difference between Nubeva Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nubeva Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nubeva 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.