Novonix Stock Analysis

Novonix Pink Sheet Analysis Notes

About 28.0% of the company outstanding shares are owned by corporate insiders. The book value of Novonix was now reported as 0.75. The company recorded a loss per share of 0.06. Novonix had not issued any dividends in recent years. Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. Novonix Limited was incorporated in 2012 and is based in Brisbane, Australia. Novonix is traded on OTC Exchange in the United States.The quote for Novonix is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To find out more about Novonix contact John Burns at 61 4 1497 0566 or learn more at https://www.novonixgroup.com.

Novonix Investment Alerts

Novonix Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 536.98 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novonix's market, we take the total number of its shares issued and multiply it by Novonix'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 23rd of July, Novonix secures the Risk Adjusted Performance of 0.1269, mean deviation of 5.7, and Downside Deviation of 8.54. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Novonix, as well as the relationship between them. Please verify Novonix jensen alpha and downside variance to decide if Novonix is priced some-what accurately, providing market reflects its recent price of 0.44 per share. As Novonix is a penny stock we also strongly advise to check its total risk alpha numbers.

Novonix Price Movement Analysis

Novonix Outstanding Bonds

Novonix Predictive Daily Indicators

Novonix Forecast Models

Novonix's time-series forecasting models are one of many Novonix's pink sheet 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 Novonix'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.

Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Novonix 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 Novonix shares will generate the highest return on investment. We also built our pink sheet 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 Pink Sheet such as Novonix. By using and applying Novonix Pink Sheet analysis, traders can create a robust methodology for identifying Novonix entry and exit points for their positions.

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