NOVA MEASURING is trading at 34120.00 as of the 25th of September 2021, a 2.77 percent up since the beginning of the trading day. The stock's open price was 33200.0. Equity ratings for NOVA MEASURING INS are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of August 2021 and ending today, the 25th of September 2021. Click here to learn more.
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Nova Measuring Instruments Ltd. designs, develops, produces, and sells process control systems used in the manufacture of semiconductors in Israel, Taiwan, the United States, China, Korea, and internationally. Nova Measuring Instruments Ltd. was founded in 1993 and is headquartered in Rehovot, Israel. NOVA MEASURING operates under Semiconductor Equipment Materials classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 713 people. more on NOVA MEASURING
NOVA MEASURING INS is not yet fully synchronised with the market data
Over 85.0% of the company shares are owned by institutional investors
CEOEitan Oppenhaim  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis 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 NOVA MEASURING's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
NOVA MEASURING INS (NVMI) is traded on Tel Aviv Stock Exchange in Israel and employs 713 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 956.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NOVA MEASURING's market, we take the total number of its shares issued and multiply it by NOVA MEASURING'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 these looking for more risk prefer small-cap and mid-cap equities. NOVA MEASURING INS operates under Technology sector and is part of Semiconductor Equipment & Materials industry. The entity has 28.26 M outstanding shares. NOVA MEASURING INS has accumulated about 454.85 M in cash with 79.35 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 16.12.
Check NOVA MEASURING Probability Of Bankruptcy

NOVA MEASURING Stock Price Odds Analysis

What are NOVA MEASURING's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of NOVA MEASURING jumping above the current price in 90 days from now is nearly 4.32%. The NOVA MEASURING INS probability density function shows the probability of NOVA MEASURING stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon NOVA MEASURING has a beta of 0.1422. This indicates as returns on the market go up, NOVA MEASURING average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding NOVA MEASURING INS will be expected to be much smaller as well. Additionally, the company has an alpha of 0.1925, implying that it can generate a 0.19 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 34120.0HorizonTargetOdds Up 34120.0 
95.62%90 days
Based on a normal probability distribution, the odds of NOVA MEASURING to move above the current price in 90 days from now is nearly 4.32 (This NOVA MEASURING INS probability density function shows the probability of NOVA MEASURING Stock to fall within a particular range of prices over 90 days) .

NOVA MEASURING Historical Income Statement

NOVA MEASURING INS Income Statement is one of the three primary financial statements used for reporting NOVA MEASURING's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of NOVA MEASURING INS revenue and expense. NOVA MEASURING Income Statement primarily focuses on the company's revenues and expenses during a particular period.
NOVA MEASURING Net Income is projected to increase significantly based on the last few years of reporting. The past year's Net Income was at 47.91 Million. The current year Operating Income is expected to grow to about 60 M, whereas Direct Expenses is forecasted to decline to about 92.5 M. View More Fundamentals

NOVA MEASURING Stock Against Markets

Picking the right benchmark for NOVA MEASURING 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 NOVA MEASURING 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 NOVA MEASURING is critical whether you are bullish or bearish towards NOVA MEASURING INS at a given time.

View Currently 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 MEASURING stock to make a market-neutral strategy. Peer analysis of NOVA MEASURING could also be used in its relative valuation, which is a method of valuing NOVA MEASURING by comparing valuation metrics with similar companies.

NOVA MEASURING Corporate Directors

NOVA MEASURING corporate directors refer to members of a NOVA MEASURING board of directors. The board of directors generally takes responsibility for the NOVA MEASURING'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 NOVA MEASURING's board members must vote for the resolution. The NOVA MEASURING board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Avi Cohen - Independent DirectorProfile
Alon Dumanis - DirectorProfile
Miron Kenneth - Independent DirectorProfile
Raanan Cohen - Independent DirectorProfile
Additionally, see Stocks Correlation. Note that the NOVA MEASURING INS information on this page should be used as a complementary analysis to other NOVA MEASURING'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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Other Tools for NOVA MEASURING Stock

When running NOVA MEASURING INS price analysis, check to measure NOVA MEASURING'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 MEASURING is operating at the current time. Most of NOVA MEASURING's value examination focuses on studying past and present price action to predict the probability of NOVA MEASURING's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NOVA MEASURING's price. Additionally, you may evaluate how the addition of NOVA MEASURING to your portfolios can decrease your overall portfolio volatility.
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