Novita SA (Poland) Price on September 28, 2023

NVT Stock   121.50  0.50  0.41%   
If you're considering investing in Novita Stock, it is important to understand the factors that can impact its price. As of today, the current price of Novita SA stands at 121.50, as last reported on the 14th of December 2024, with the highest price reaching 123.00 and the lowest price hitting 121.50 during the day. Currently, Novita SA is very steady. Novita SA has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Novita SA, which you can use to evaluate the volatility of the firm. Please verify Novita SA's Downside Deviation of 1.43, risk adjusted performance of 0.0778, and Mean Deviation of 1.17 to check out if the risk estimate we provide is consistent with the expected return of 0.18%.
  
Novita Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1116

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Estimated Market Risk

 1.59
  actual daily
14
86% of assets are more volatile

Expected Return

 0.18
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Novita SA is performing at about 8% of its full potential. 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 Novita SA by adding it to a well-diversified portfolio.

Novita SA Valuation on September 28, 2023

It is possible to determine the worth of Novita SA on a given historical date. On September 28, 2023 Novita was worth 106.69 at the beginning of the trading date compared to the closed value of 105.79. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Novita SA stock. Still, in general, we apply an absolute valuation method to find Novita 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 Novita SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Novita SA's related companies.
 Open High Low Close Volume
  109.37    109.37    106.69    106.69    151.00  
09/28/2023
  106.69    106.69    105.79    105.79    82.00  
  105.79    112.06    104.89    112.06    142.00  
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Open Value
106.69
101.92
Downside
105.79
Closing Value
111.46
Upside

Novita SA Trading Date Momentum on September 28, 2023

On September 29 2023 Novita SA was traded for  112.06  at the closing time. The highest price during the trading period was 112.06  and the lowest recorded bid was listed for  104.89 . The volume for the day was 142. This history from September 29, 2023 contributed to the next trading day price gain. The trading delta at closing time to the next closing price was 5.93% . The trading delta at closing time to the current price is 0.85% .

Novita SA Fundamentals Correlations and Trends

By evaluating Novita SA'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 Novita SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Novita financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Novita SA Stock history

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

Novita SA Stock Technical Analysis

Novita 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.
A focus of Novita SA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Novita SA 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

Novita SA Period Price Range

Low
December 14, 2024
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High

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Novita 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.

Novita SA December 14, 2024 Market Strength

Market strength indicators help investors to evaluate how Novita 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 Novita SA shares will generate the highest return on investment. By undertsting and applying Novita SA stock market strength indicators, traders can identify Novita SA entry and exit signals to maximize returns

Novita SA Technical and Predictive Indicators

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

Additional Tools for Novita Stock Analysis

When running Novita SA's price analysis, check to measure Novita 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 Novita SA is operating at the current time. Most of Novita SA's value examination focuses on studying past and present price action to predict the probability of Novita 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 Novita SA's price. Additionally, you may evaluate how the addition of Novita SA to your portfolios can decrease your overall portfolio volatility.