Nova Organic (Thailand) Price on October 8, 2024

NV Stock   0.95  0.03  3.06%   
If you're considering investing in Nova Stock, it is important to understand the factors that can impact its price. As of today, the current price of Nova Organic stands at 0.95, as last reported on the 15th of December 2024, with the highest price reaching 1.02 and the lowest price hitting 0.95 during the day. Nova Organic PCL has Sharpe Ratio of -0.0783, which conveys that the firm had a -0.0783% return per unit of risk over the last 3 months. Nova Organic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Nova Organic's Standard Deviation of 3.88, mean deviation of 2.55, and Risk Adjusted Performance of (0.03) to check out the risk estimate we provide.
  
Nova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0783

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Estimated Market Risk

 3.89
  actual daily
34
66% of assets are more volatile

Expected Return

 -0.3
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Nova Organic 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 Nova Organic by adding Nova Organic to a well-diversified portfolio.

Nova Organic Valuation on October 8, 2024

It is possible to determine the worth of Nova Organic on a given historical date. On October 8, 2024 Nova was worth 1.21 at the beginning of the trading date compared to the closed value of 1.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Nova Organic stock. Still, in general, we apply an absolute valuation method to find Nova Organic'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 Nova Organic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Nova Organic's related companies.
 Open High Low Close Volume
  1.22    1.24    1.19    1.21    425,000  
10/08/2024
  1.21    1.25    1.18    1.21    988,900  
  1.22    1.33    1.21    1.22    4,000,500  
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Open Value
1.21
1.21
Closing Value
12.87
Upside

Nova Organic Trading Date Momentum on October 8, 2024

On October 09 2024 Nova Organic PCL was traded for  1.22  at the closing time. The highest daily price throughout the period was 1.33  and the lowest price was  1.21 . The daily volume was 4 M. The net trading volume on 10/09/2024 added to the next day price upswing. The trading delta at closing time to closing price of the next trading day was 0.83% . The trading delta at closing time to current closing price is 0.83% .

Nova Organic PCL Fundamentals Correlations and Trends

By evaluating Nova Organic's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Nova Organic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Nova financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Nova Organic Stock history

Nova Organic 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 Nova is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Nova Organic PCL 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 Nova Organic stock prices may prove useful in developing a viable investing in Nova Organic

Nova Organic Stock Technical Analysis

Nova Organic 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.
A focus of Nova Organic technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Nova Organic trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Nova Organic Period Price Range

Low
December 15, 2024
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High

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Nova Organic PCL cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand 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.

Nova Organic December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Nova Organic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nova Organic shares will generate the highest return on investment. By undertsting and applying Nova Organic stock market strength indicators, traders can identify Nova Organic PCL entry and exit signals to maximize returns

Nova Organic Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nova Organic's price direction in advance. Along with the technical and fundamental analysis of Nova Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Nova 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.

Other Information on Investing in Nova Stock

Nova Organic 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 Organic security.