Novina SA (Poland) Price on November 5, 2024
| NOV Stock | 1.08 0.01 0.93% |
If you're considering investing in Novina Stock, it is important to understand the factors that can impact its price. As of today, the current price of Novina SA stands at 1.08, as last reported on the 27th of December, with the highest price reaching 1.08 and the lowest price hitting 1.05 during the day. Novina SA has Sharpe Ratio of -0.0652, which conveys that the firm had a -0.0652% return per unit of risk over the last 3 months. Novina SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Novina SA's Risk Adjusted Performance of (0.05), standard deviation of 2.69, and Mean Deviation of 1.9 to check out the risk estimate we provide.
Novina Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Novina |
Sharpe Ratio = -0.0652
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Estimated Market Risk
| 2.75 actual daily | 24 76% of assets are more volatile |
Expected Return
| -0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Novina SA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Novina SA by adding Novina SA to a well-diversified portfolio.
Novina SA Valuation on November 5, 2024
It is possible to determine the worth of Novina SA on a given historical date. On November 5, 2024 Novina was worth 1.15 at the beginning of the trading date compared to the closed value of 1.17. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Novina SA stock. Still, in general, we apply an absolute valuation method to find Novina SA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Novina SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Novina SA's related companies.
| Open | High | Low | Close | Volume | |
| 1.34 | 1.34 | 1.16 | 1.20 | 348,221 | |
11/05/2024 | 1.15 | 1.20 | 1.12 | 1.17 | 180,904 |
| 1.17 | 1.19 | 1.14 | 1.18 | 25,762 |
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Novina SA Trading Date Momentum on November 5, 2024
| On November 06 2024 Novina SA was traded for 1.18 at the closing time. The highest price during the trading period was 1.19 and the lowest recorded bid was listed for 1.14 . The volume for the day was 25.8 K. This history from November 6, 2024 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 0.85% . The trading delta at closing time to the current price is 3.42% . |
About Novina SA Stock history
Novina SA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Novina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Novina SA will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Novina SA stock prices may prove useful in developing a viable investing in Novina SA
Novina SA Stock Technical Analysis
Novina SA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Novina SA Period Price Range
Low | December 27, 2024
| High |
0.00 | 0.00 |
Novina SA cannot be verified against its exchange. Please verify the symbol is currently traded on Warsaw Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Novina SA December 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Novina SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Novina SA shares will generate the highest return on investment. By undertsting and applying Novina SA stock market strength indicators, traders can identify Novina SA entry and exit signals to maximize returns
Novina SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Novina SA's price direction in advance. Along with the technical and fundamental analysis of Novina Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Novina to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 4.3 |
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Additional Tools for Novina Stock Analysis
When running Novina SA's price analysis, check to measure Novina SA'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 Novina SA is operating at the current time. Most of Novina SA's value examination focuses on studying past and present price action to predict the probability of Novina SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novina SA's price. Additionally, you may evaluate how the addition of Novina SA to your portfolios can decrease your overall portfolio volatility.