Novanta (Germany) Analysis
| 1GSN Stock | EUR 147.00 0.00 0.00% |
Novanta is overvalued with Real Value of 128.31 and Hype Value of 147.0. The main objective of Novanta stock analysis is to determine its intrinsic value, which is an estimate of what Novanta is worth, separate from its market price. There are two main types of Novanta's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Novanta's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Novanta's stock to identify patterns and trends that may indicate its future price movements.
The Novanta stock is traded in Germany on Frankfurt Exchange, with the market opening at 08:00:00 and closing at 22:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Novanta's ongoing operational relationships across important fundamental and technical indicators.
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Novanta Stock Analysis Notes
About 99.0% of the company shares are owned by institutions such as pension funds. The company has Price/Earnings (P/E) ratio of 134.04. Novanta had not issued any dividends in recent years. Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts. NOVANTA INC operates under Scientific Technical Instruments classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2200 people. For more info on Novanta please contact Matthijs Glastra at 781 266 5700 or go to https://www.novanta.com.Novanta Investment Alerts
| Novanta generated a negative expected return over the last 90 days | |
| Over 99.0% of the company shares are owned by institutions such as pension funds |
Novanta Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 4.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novanta's market, we take the total number of its shares issued and multiply it by Novanta's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 26th of December, Novanta secures the Risk Adjusted Performance of (0.02), standard deviation of 2.01, and Mean Deviation of 1.48. Novanta technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. Please verify Novanta information ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk to decide if Novanta is priced some-what accurately, providing market reflects its recent price of 147.0 per share.Novanta Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Novanta middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Novanta. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Novanta Outstanding Bonds
Novanta issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Novanta uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Novanta bonds can be classified according to their maturity, which is the date when Novanta has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Novanta Predictive Daily Indicators
Novanta intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Novanta stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Novanta Forecast Models
Novanta's time-series forecasting models are one of many Novanta's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Novanta's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Novanta Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Novanta prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Novanta shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Novanta. By using and applying Novanta Stock analysis, traders can create a robust methodology for identifying Novanta entry and exit points for their positions.
Novanta Inc., together with its subsidiaries, designs, manufactures, markets, and sells photonics, vision, and precision motion components and sub-systems to original equipment manufacturers in the medical and industrial markets worldwide. Novanta Inc. was founded in 1968 and is headquartered in Bedford, Massachusetts. NOVANTA INC operates under Scientific Technical Instruments classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2200 people.
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When running Novanta's price analysis, check to measure Novanta'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 Novanta is operating at the current time. Most of Novanta's value examination focuses on studying past and present price action to predict the probability of Novanta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novanta's price. Additionally, you may evaluate how the addition of Novanta to your portfolios can decrease your overall portfolio volatility.
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