Nova Wellness Financials
| 0201 Stock | 0.45 0.02 4.65% |
Nova |
Understanding current and past Nova Wellness Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Nova Wellness' financial statements are interrelated, with each one affecting the others. For example, an increase in Nova Wellness' assets may result in an increase in income on the income statement.
| Instrument | Malaysia Stock View All |
| Exchange | Kuala Lumpur Exchange |
| ISIN | MYQ0201OO002 |
| Sector | Consumer Non-Cyclicals |
| Industry | Food & Tobacco |
| Benchmark | Dow Jones Industrial |
You should never invest in Nova Wellness without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Nova Stock, because this is throwing your money away. Analyzing the key information contained in Nova Wellness' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Nova Wellness Key Financial Ratios
There are many critical financial ratios that Nova Wellness' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Nova Wellness Group reports annually and quarterly.Nova Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nova Wellness's current stock value. Our valuation model uses many indicators to compare Nova Wellness value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nova Wellness competition to find correlations between indicators driving Nova Wellness's intrinsic value. More Info.Nova Wellness Group is rated fourth in return on equity category among its peers. It is rated below average in current valuation category among its peers reporting about 18,425,346 of Current Valuation per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nova Wellness' earnings, one of the primary drivers of an investment's value.Nova Wellness Group Systematic Risk
Nova Wellness' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nova Wellness volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Nova Wellness Group correlated with the market. If Beta is less than 0 Nova Wellness generally moves in the opposite direction as compared to the market. If Nova Wellness Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nova Wellness Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nova Wellness is generally in the same direction as the market. If Beta > 1 Nova Wellness moves generally in the same direction as, but more than the movement of the benchmark.
Nova Wellness Thematic Clasifications
Nova Wellness Group is part of Health Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Healthcare providers, hospitals. Major hospitals and healthcare providers
This theme covers Healthcare providers, hospitals. Major hospitals and healthcare providers. Get More Thematic Ideas
| Health Management | View |
Nova Wellness December 12, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nova Wellness help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nova Wellness Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nova Wellness Group based on widely used predictive technical indicators. In general, we focus on analyzing Nova Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nova Wellness's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.95 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.99 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 4.55 |
Other Information on Investing in Nova Stock
Nova Wellness financial ratios help investors to determine whether Nova Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nova with respect to the benefits of owning Nova Wellness security.