NOVAREX CoLtd (Korea) Buy Hold or Sell Recommendation
| 194700 Stock | KRW 7,380 90.00 1.23% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding NOVAREX CoLtd is 'Strong Sell'. Macroaxis provides NOVAREX CoLtd buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 194700 positions.
Check out NOVAREX CoLtd Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as NOVAREX and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards NOVAREX CoLtd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
NOVAREX |
Execute NOVAREX CoLtd Buy or Sell Advice
The NOVAREX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on NOVAREX CoLtd. Macroaxis does not own or have any residual interests in NOVAREX CoLtd or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute NOVAREX CoLtd's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
NOVAREX CoLtd Trading Alerts and Improvement Suggestions
| NOVAREX CoLtd generated a negative expected return over the last 90 days | |
| NOVAREX CoLtd has high historical volatility and very poor performance | |
| About 39.0% of the company shares are owned by insiders or employees |
NOVAREX CoLtd Returns Distribution Density
The distribution of NOVAREX CoLtd's historical returns is an attempt to chart the uncertainty of NOVAREX CoLtd's future price movements. The chart of the probability distribution of NOVAREX CoLtd daily returns describes the distribution of returns around its average expected value. We use NOVAREX CoLtd price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of NOVAREX CoLtd returns is essential to provide solid investment advice for NOVAREX CoLtd.
| Mean Return | -0.39 | Value At Risk | -4.12 | Potential Upside | 4.44 | Standard Deviation | 3.41 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of NOVAREX CoLtd historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
NOVAREX CoLtd Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to NOVAREX CoLtd or Personal Products sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that NOVAREX CoLtd's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a NOVAREX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 3.56 | |
Ir | Information ratio | -0.14 |
NOVAREX CoLtd Volatility Alert
NOVAREX CoLtd exhibits very low volatility with skewness of -2.45 and kurtosis of 13.56. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure NOVAREX CoLtd's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact NOVAREX CoLtd's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.NOVAREX CoLtd Fundamentals Vs Peers
Comparing NOVAREX CoLtd's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze NOVAREX CoLtd's direct or indirect competition across all of the common fundamentals between NOVAREX CoLtd and the related equities. This way, we can detect undervalued stocks with similar characteristics as NOVAREX CoLtd or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of NOVAREX CoLtd's fundamental indicators could also be used in its relative valuation, which is a method of valuing NOVAREX CoLtd by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare NOVAREX CoLtd to competition |
| Fundamentals | NOVAREX CoLtd | Peer Average |
| Return On Equity | 16.33 | -0.31 |
| Return On Asset | 0.0927 | -0.14 |
| Profit Margin | 0.11 % | (1.27) % |
| Operating Margin | 0.13 % | (5.51) % |
| Current Valuation | 406.97 B | 16.62 B |
| Shares Outstanding | 7.95 M | 571.82 M |
| Shares Owned By Insiders | 38.56 % | 10.09 % |
| Shares Owned By Institutions | 4.31 % | 39.21 % |
| Price To Sales | 1.13 X | 11.42 X |
| Revenue | 278.79 B | 9.43 B |
| Gross Profit | 39.11 B | 27.38 B |
| EBITDA | 33.46 B | 3.9 B |
| Net Income | 30.65 B | 570.98 M |
| Cash And Equivalents | 19.17 B | 2.7 B |
| Total Debt | 22.58 B | 5.32 B |
| Debt To Equity | 0.45 % | 48.70 % |
| Current Ratio | 1.45 X | 2.16 X |
| Cash Flow From Operations | 24.13 B | 971.22 M |
| Target Price | 23000.0 | |
| Number Of Employees | 323 | 18.84 K |
| Beta | 0.7 | -0.15 |
| Market Capitalization | 83.88 B | 19.03 B |
| Total Asset | 254.63 B | 29.47 B |
| Z Score | 2.8 | 8.72 |
| Annual Yield | 0.01 % | |
| Net Asset | 254.63 B |
NOVAREX CoLtd Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as NOVAREX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About NOVAREX CoLtd Buy or Sell Advice
When is the right time to buy or sell NOVAREX CoLtd? Buying financial instruments such as NOVAREX Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in NOVAREX Stock
NOVAREX CoLtd financial ratios help investors to determine whether NOVAREX 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 NOVAREX with respect to the benefits of owning NOVAREX CoLtd security.