Nova Minerals Limited Stock Price History

NVAWW Stock   2.00  0.25  11.11%   
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 Minerals stands at 2.00, as last reported on the 4th of December, with the highest price reaching 2.30 and the lowest price hitting 2.00 during the day. Nova Minerals is abnormally volatile given 3 months investment horizon. Nova Minerals Limited has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. We are able to interpolate and break down thirty different technical indicators, which can help you to evaluate if expected returns of 1.36% are justified by taking the suggested risk. Use Nova Minerals Limited Risk Adjusted Performance of 0.0684, downside deviation of 13.26, and Mean Deviation of 8.17 to evaluate company specific risk that cannot be diversified away.
  
Stock Based Compensation To Revenue is likely to climb to 0.01 in 2024. At this time, Nova Minerals' Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to climb to 6.81 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 3.14 in 2024. Nova Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1043

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Estimated Market Risk

 13.02
  actual daily
96
96% of assets are less volatile

Expected Return

 1.36
  actual daily
27
73% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
8
92% of assets perform better
Based on monthly moving average Nova Minerals 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 Nova Minerals by adding it to a well-diversified portfolio.

Nova Minerals Stock Price History Chart

There are several ways to analyze Nova Stock price data. The simplest method is using a basic Nova candlestick price chart, which shows Nova Minerals price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceOctober 28, 20243.6
Lowest PriceOctober 15, 20241.15

Nova Minerals December 4, 2024 Stock Price Synopsis

Various analyses of Nova Minerals' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Nova Stock. It can be used to describe the percentage change in the price of Nova Minerals from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Nova Stock.
Nova Minerals Price Daily Balance Of Power(0.83)
Nova Minerals Price Action Indicator(0.27)
Nova Minerals Price Rate Of Daily Change 0.89 

Nova Minerals December 4, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Nova Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Nova Minerals intraday prices and daily technical indicators to check the level of noise trading in Nova Stock and then apply it to test your longer-term investment strategies against Nova.

Nova Stock Price History Data

The price series of Nova Minerals for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 has a statistical range of 2.45 with a coefficient of variation of 28.67. The daily prices for the period are spread out with arithmetic mean of 1.86. The median price for the last 90 days is 1.7.
OpenHighLowCloseVolume
12/04/2024
 2.30  2.30  2.00  2.00 
12/03/2024 2.30  2.30  2.00  2.00  2,188 
12/02/2024 2.25  2.25  2.25  2.25  705.00 
11/29/2024 2.49  2.49  2.49  2.49  606.00 
11/27/2024 2.17  2.50  2.17  2.21  4,085 
11/26/2024 2.18  2.18  2.18  2.18  33.00 
11/25/2024 2.18  2.18  2.18  2.18  240.00 
11/22/2024 1.70  2.30  1.70  2.30  4,543 
11/21/2024 2.43  2.43  2.43  2.43  271.00 
11/20/2024 2.49  2.49  2.49  2.49  58.00 
11/19/2024 2.49  2.49  2.49  2.49  252.00 
11/15/2024 1.86  1.86  1.86  1.86  32.00 
11/14/2024 1.99  2.04  1.86  1.86  1,071 
11/11/2024 2.15  2.15  2.15  2.15  157.00 
11/08/2024 2.15  2.15  1.97  2.15  7,294 
11/07/2024 2.34  2.34  2.15  2.16  5,196 
11/06/2024 2.25  2.25  2.15  2.15  1,511 
11/05/2024 2.37  2.37  2.09  2.15  5,088 
11/04/2024 2.90  2.90  2.06  2.34  30,163 
11/01/2024 2.25  2.25  2.24  2.24  2,460 
10/31/2024 2.67  2.67  2.09  2.21  8,094 
10/30/2024 2.74  2.74  2.33  2.70  18,235 
10/29/2024 3.58  3.58  2.45  2.95  184,202 
10/28/2024 4.00  4.00  2.61  3.60  137,934 
10/25/2024 3.32  5.66  3.32  3.51  127,811 
10/24/2024 2.25  4.00  2.25  3.00  45,644 
10/23/2024 1.80  3.25  1.79  2.08  79,941 
10/22/2024 1.80  1.80  1.68  1.74  28,136 
10/21/2024 1.68  1.68  1.68  1.68  483.00 
10/18/2024 1.52  1.80  1.51  1.65  3,092 
10/17/2024 1.55  1.56  1.50  1.50  12,056 
10/16/2024 1.25  1.55  1.22  1.22  14,630 
10/15/2024 1.85  1.85  0.99  1.15  31,809 
10/14/2024 1.77  1.80  1.77  1.80  1,167 
10/11/2024 1.56  1.56  1.56  1.56  546.00 
10/10/2024 1.51  1.51  1.51  1.51  3.00 
10/09/2024 1.70  1.80  1.51  1.51  1,054 
10/08/2024 1.80  2.00  1.52  1.52  4,993 
10/07/2024 1.52  1.63  1.49  1.63  1,155 
10/04/2024 1.37  1.80  1.37  1.68  3,928 
10/02/2024 1.45  1.50  1.26  1.26  1.00 
10/01/2024 1.26  1.26  1.26  1.26  21.00 
09/30/2024 1.40  1.40  1.24  1.26  1,026 
09/27/2024 1.36  1.36  1.36  1.36  960.00 
09/26/2024 1.53  1.53  1.40  1.49  2,279 
09/25/2024 1.35  1.35  1.35  1.35  370.00 
09/24/2024 1.30  1.31  1.30  1.31  411.00 
09/23/2024 1.53  1.53  1.01  1.21  12,440 
09/20/2024 1.50  1.50  1.50  1.50  2.00 
09/19/2024 1.50  1.50  1.50  1.50  1,400 
09/18/2024 1.70  1.70  1.70  1.70  40.00 
09/17/2024 1.70  1.70  1.70  1.70  2,612 
09/16/2024 1.75  1.75  1.60  1.60  753.00 
09/13/2024 1.90  1.90  1.90  1.90  222.00 
09/12/2024 1.69  1.90  1.69  1.90  2,750 
09/11/2024 1.70  1.70  1.61  1.61  2,524 
09/10/2024 1.73  1.80  1.46  1.50  14,223 
09/09/2024 1.46  1.46  1.46  1.46  1,056 
09/06/2024 1.46  1.46  1.45  1.46  3,300 
09/05/2024 1.44  1.44  1.44  1.44  69.00 
09/04/2024 1.44  1.44  1.44  1.44  1,259 

About Nova Minerals Stock history

Nova Minerals 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 Minerals Limited 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 Minerals stock prices may prove useful in developing a viable investing in Nova Minerals

Nova Minerals Stock Technical Analysis

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

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Nova Minerals Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Nova Minerals' 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.

Additional Tools for Nova Stock Analysis

When running Nova Minerals' price analysis, check to measure Nova Minerals' 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 Nova Minerals is operating at the current time. Most of Nova Minerals' value examination focuses on studying past and present price action to predict the probability of Nova Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Minerals' price. Additionally, you may evaluate how the addition of Nova Minerals to your portfolios can decrease your overall portfolio volatility.