Novus Acquisition Financials
| NDEV Stock | USD 0.04 0 3.86% |
Novus |
Please note, the imprecision that can be found in Novus Acquisition's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Novus Acquisition and. Check Novus Acquisition's Beneish M Score to see the likelihood of Novus Acquisition's management manipulating its earnings.
Novus Acquisition Stock Summary
Novus Acquisition competes with Berkshire Hathaway, American International, Sun Life, Arch Capital, and Hartford Financial. Novus Acquisition Development Corp., through its subsidiary, WCIG Insurance Service, Inc., operates as an insurance company in California It offers health policies in CBD concentrate cannabis space benefit plans, such as dental vision, hearing, and telemedicine and THC health plans. Novus Acquisition Development Corp. was incorporated in 1996 and is based in Miami, Florida. Novus Acq operates under InsuranceDiversified classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | US67011R2058 |
| Business Address | 2665 South Bayshore |
| Sector | Financial Services |
| Industry | Insurance—Diversified |
| Benchmark | Dow Jones Industrial |
| Website | www.getnovusnow.com |
| Phone | 855 228 7355 |
| Currency | USD - US Dollar |
Novus Acquisition Key Financial Ratios
There are many critical financial ratios that Novus Acquisition's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Novus Acquisition reports annually and quarterly.| Return On Equity | 0.0642 | |||
| Return On Asset | 0.0456 | |||
| Beta | -0.0017 | |||
| Z Score | 9.4 |
Novus Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Novus Acquisition's current stock value. Our valuation model uses many indicators to compare Novus Acquisition value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Novus Acquisition competition to find correlations between indicators driving Novus Acquisition's intrinsic value. More Info.Novus Acquisition and is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.71 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Novus Acquisition and is roughly 1.41 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Novus Acquisition's earnings, one of the primary drivers of an investment's value.Novus Acquisition Systematic Risk
Novus Acquisition's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Novus Acquisition volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Novus Acquisition correlated with the market. If Beta is less than 0 Novus Acquisition generally moves in the opposite direction as compared to the market. If Novus Acquisition Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Novus Acquisition is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Novus Acquisition is generally in the same direction as the market. If Beta > 1 Novus Acquisition moves generally in the same direction as, but more than the movement of the benchmark.
Novus Acquisition July 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Novus Acquisition help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Novus Acquisition and. We use our internally-developed statistical techniques to arrive at the intrinsic value of Novus Acquisition and based on widely used predictive technical indicators. In general, we focus on analyzing Novus Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Novus Acquisition's daily price indicators and compare them against related drivers.
| Downside Deviation | 8.35 | |||
| Information Ratio | 0.0141 | |||
| Maximum Drawdown | 45.89 | |||
| Value At Risk | (13.33) | |||
| Potential Upside | 17.25 |
Additional Tools for Novus Pink Sheet Analysis
When running Novus Acquisition's price analysis, check to measure Novus Acquisition'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 Novus Acquisition is operating at the current time. Most of Novus Acquisition's value examination focuses on studying past and present price action to predict the probability of Novus Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novus Acquisition's price. Additionally, you may evaluate how the addition of Novus Acquisition to your portfolios can decrease your overall portfolio volatility.