Nova Company Equity Multiplier from 2010 to 2024

NVFY Stock  USD 0.47  0.01  2.57%   
Nova Lifestyle Company Equity Multiplier yearly trend continues to be fairly stable with very little volatility. Company Equity Multiplier is likely to outpace its year average in 2024. During the period from 2010 to 2024, Nova Lifestyle Company Equity Multiplier regression line of annual values had r-squared of  0.33 and arithmetic mean of  2.93. View All Fundamentals
 
Company Equity Multiplier  
First Reported
2010-12-31
Previous Quarter
12.56860628
Current Value
13.2
Quarterly Volatility
4.04947026
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nova Lifestyle financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nova Lifestyle's main balance sheet or income statement drivers, such as Interest Expense of 1.8 M, Selling General Administrative of 6.1 M or Total Revenue of 10.5 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 12.41. Nova financial statements analysis is a perfect complement when working with Nova Lifestyle Valuation or Volatility modules.
  
Check out the analysis of Nova Lifestyle Correlation against competitors.

Latest Nova Lifestyle's Company Equity Multiplier Growth Pattern

Below is the plot of the Company Equity Multiplier of Nova Lifestyle I over the last few years. It is Nova Lifestyle's Company Equity Multiplier historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nova Lifestyle's overall financial position and show how it may be relating to other accounts over time.
Company Equity Multiplier10 Years Trend
Slightly volatile
   Company Equity Multiplier   
       Timeline  

Nova Company Equity Multiplier Regression Statistics

Arithmetic Mean2.93
Geometric Mean1.86
Coefficient Of Variation138.32
Mean Deviation2.66
Median1.52
Standard Deviation4.05
Sample Variance16.40
Range12.1166
R-Value0.57
Mean Square Error11.88
R-Squared0.33
Significance0.03
Slope0.52
Total Sum of Squares229.57

Nova Company Equity Multiplier History

2024 13.2
2023 12.57
2022 1.74
2021 1.26
2020 1.14
2019 1.08
2018 1.2

About Nova Lifestyle Financial Statements

Nova Lifestyle investors use historical fundamental indicators, such as Nova Lifestyle's Company Equity Multiplier, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Nova Lifestyle. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Company Equity Multiplier 12.57  13.20 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Nova Stock Analysis

When running Nova Lifestyle's price analysis, check to measure Nova Lifestyle'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 Lifestyle is operating at the current time. Most of Nova Lifestyle's value examination focuses on studying past and present price action to predict the probability of Nova Lifestyle'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 Lifestyle's price. Additionally, you may evaluate how the addition of Nova Lifestyle to your portfolios can decrease your overall portfolio volatility.