Novonix Change To Netincome from 2010 to 2024

NVX Stock  USD 1.98  0.71  26.39%   
Novonix Change To Netincome yearly trend continues to be fairly stable with very little volatility. Change To Netincome is likely to outpace its year average in 2024. During the period from 2010 to 2024, Novonix Change To Netincome regression line of annual values had r-squared of  0.55 and arithmetic mean of  12,481,423. View All Fundamentals
 
Change To Netincome  
First Reported
2010-12-31
Previous Quarter
27.3 M
Current Value
28.6 M
Quarterly Volatility
7.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Novonix financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Novonix's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5 M, Interest Expense of 3 M or Selling General Administrative of 16.1 M, as well as many indicators such as Price To Sales Ratio of 19.13, Dividend Yield of 0.0167 or PTB Ratio of 1.4. Novonix financial statements analysis is a perfect complement when working with Novonix Valuation or Volatility modules.
  
Check out the analysis of Novonix Correlation against competitors.

Latest Novonix's Change To Netincome Growth Pattern

Below is the plot of the Change To Netincome of Novonix Ltd ADR over the last few years. It is Novonix's Change To Netincome historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Novonix's overall financial position and show how it may be relating to other accounts over time.
Change To Netincome10 Years Trend
Slightly volatile
   Change To Netincome   
       Timeline  

Novonix Change To Netincome Regression Statistics

Arithmetic Mean12,481,423
Geometric Mean11,027,722
Coefficient Of Variation59.85
Mean Deviation5,724,218
Median8,326,496
Standard Deviation7,469,523
Sample Variance55.8T
Range21M
R-Value0.74
Mean Square Error26.9T
R-Squared0.55
Significance0
Slope1,240,911
Total Sum of Squares781.1T

Novonix Change To Netincome History

202428.6 M
202327.3 M
202223.7 M
20209.1 M
201913.3 M
201811 M
20177.6 M

About Novonix Financial Statements

Novonix investors use historical fundamental indicators, such as Novonix's Change To Netincome, 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 Novonix. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Change To Netincome27.3 M28.6 M

Also Currently Popular

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 Novonix Stock Analysis

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