Nowigence Stock Performance
| NOWG Stock | USD 0.50 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Nowigence are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Nowigence has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Nowigence is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
Nowigence |
Nowigence Relative Risk vs. Return Landscape
If you would invest 50.00 in Nowigence on September 16, 2024 and sell it today you would earn a total of 0.00 from holding Nowigence or generate 0.0% return on investment over 90 days. Nowigence is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of otc stocks are less volatile than Nowigence, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Nowigence Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Nowigence's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Nowigence, and traders can use it to determine the average amount a Nowigence'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 = 0.0
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Based on monthly moving average Nowigence 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 Nowigence by adding Nowigence to a well-diversified portfolio.
Nowigence Fundamentals Growth
Nowigence OTC Stock prices reflect investors' perceptions of the future prospects and financial health of Nowigence, and Nowigence 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 Nowigence OTC Stock performance.
| Current Valuation | 27.96 M | |||
| Shares Outstanding | 31.23 M | |||
| Price To Book | 105.31 X | |||
| Price To Sales | 594.85 X | |||
About Nowigence Performance
By analyzing Nowigence's fundamental ratios, stakeholders can gain valuable insights into Nowigence's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Nowigence 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 Nowigence has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Nowigence, Inc. develops and markets an artificial intelligence augmented software-as-a-service platform focusing on data detection, presentation, and prediction for decision making. Nowigence, Inc. was incorporated in 2011 and is based in Charlotte, North Carolina with additional offices in Albany, New York Seattle, Washington and Noida, India. Nowigence operates under SoftwareApplication classification in the United States and is traded on OTC Exchange.Things to note about Nowigence performance evaluation
Checking the ongoing alerts about Nowigence for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Nowigence help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Nowigence generated a negative expected return over the last 90 days | |
| Nowigence has some characteristics of a very speculative penny stock |
- Analyzing Nowigence'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 Nowigence's stock is overvalued or undervalued compared to its peers.
- Examining Nowigence'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 Nowigence's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Nowigence's management team can help you assess the OTC Stock's leadership.
- Pay attention to analyst opinions and ratings of Nowigence's otc stock. These opinions can provide insight into Nowigence's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Nowigence OTC Stock analysis
When running Nowigence's price analysis, check to measure Nowigence'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 Nowigence is operating at the current time. Most of Nowigence's value examination focuses on studying past and present price action to predict the probability of Nowigence's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nowigence's price. Additionally, you may evaluate how the addition of Nowigence to your portfolios can decrease your overall portfolio volatility.
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