NOV (Mexico) Performance
| NOV Stock | MXN 322.44 0.00 0.00% |
NOV has a performance score of 10 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.003, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning NOV are expected to decrease at a much lower rate. During the bear market, NOV is likely to outperform the market. NOV Inc presently secures a risk of 0.0606%. Please verify NOV Inc treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if NOV Inc will be following its current price movements.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in NOV Inc are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of fairly strong basic indicators, NOV is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
| Begin Period Cash Flow | 1.6 B |
NOV |
NOV Relative Risk vs. Return Landscape
If you would invest 32,092 in NOV Inc on September 25, 2024 and sell it today you would earn a total of 152.00 from holding NOV Inc or generate 0.47% return on investment over 90 days. NOV Inc is generating 0.0078% of daily returns assuming 0.0606% volatility of returns over the 90 days investment horizon. Simply put, 0% of all stocks have less volatile historical return distribution than NOV, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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NOV Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for NOV's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NOV Inc, and traders can use it to determine the average amount a NOV's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.128
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Based on monthly moving average NOV is performing at about 10% 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 NOV by adding it to a well-diversified portfolio.
NOV Fundamentals Growth
NOV Stock prices reflect investors' perceptions of the future prospects and financial health of NOV, and NOV fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NOV Stock performance.
| Return On Equity | 0.0304 | |||
| Return On Asset | 0.0168 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 185.2 B | |||
| Shares Outstanding | 392.8 M | |||
| Price To Earning | (109.14) X | |||
| Price To Book | 1.49 X | |||
| Price To Sales | 25.89 X | |||
| Revenue | 7.24 B | |||
| EBITDA | 598 M | |||
| Cash And Equivalents | 1.27 B | |||
| Cash Per Share | 3.29 X | |||
| Total Debt | 1.72 B | |||
| Debt To Equity | 24.00 % | |||
| Book Value Per Share | 13.13 X | |||
| Cash Flow From Operations | (179 M) | |||
| Earnings Per Share | 7.39 X | |||
| Total Asset | 10.13 B | |||
About NOV Performance
Evaluating NOV's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if NOV has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if NOV has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
National Oilwell Varco, Inc. designs, manufactures, and sells systems, components, and products for oil and gas drilling and production worldwide. The company was founded in 1862 and is based in Houston, Texas. National Oilwell operates under Oil Gas Equipment Services classification in Mexico and is traded on Mexico Stock Exchange. It employs 34220 people.Things to note about NOV Inc performance evaluation
Checking the ongoing alerts about NOV for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NOV Inc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NOV Inc has accumulated about 1.27 B in cash with (179 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.29. | |
| Over 96.0% of the company shares are owned by institutional investors |
- Analyzing NOV's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NOV's stock is overvalued or undervalued compared to its peers.
- Examining NOV's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NOV's management team can have a significant impact on its success or failure. Reviewing the track record and experience of NOV's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NOV's stock. These opinions can provide insight into NOV's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for NOV Stock Analysis
When running NOV's price analysis, check to measure NOV'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 NOV is operating at the current time. Most of NOV's value examination focuses on studying past and present price action to predict the probability of NOV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NOV's price. Additionally, you may evaluate how the addition of NOV to your portfolios can decrease your overall portfolio volatility.