Novonix Stock Analysis
NVNXF Stock | USD 0.44 0.05 12.82% |
Novonix is overvalued with Real Value of 0.33 and Hype Value of 0.44. The main objective of Novonix pink sheet analysis is to determine its intrinsic value, which is an estimate of what Novonix is worth, separate from its market price. There are two main types of Novonix's stock analysis: fundamental analysis and technical analysis.
The Novonix pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Novonix's ongoing operational relationships across important fundamental and technical indicators.
Novonix |
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 is way too risky over 90 days horizon | |
Novonix has some characteristics of a very speculative penny stock | |
Novonix appears to be risky and price may revert if volatility continues | |
The company reported the revenue of 8.42 M. Net Loss for the year was (71.44 M) with profit before overhead, payroll, taxes, and interest of 5.41 M. | |
Novonix has accumulated about 207.08 M in cash with (40.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43. | |
Roughly 28.0% of the company outstanding shares are owned by corporate insiders |
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 22nd of July, Novonix secures the Downside Deviation of 8.51, mean deviation of 5.27, and Risk Adjusted Performance of 0.1357. 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
The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. The Simple Moving Average indicator is calculated by adding the closing price of Novonix for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Novonix short-term fluctuations and highlight longer-term trends or cycles.
Novonix Outstanding Bonds
Novonix 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. Novonix 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 Novonix bonds can be classified according to their maturity, which is the date when Novonix 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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Novonix Predictive Daily Indicators
Novonix 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 Novonix pink sheet 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.
Accumulation Distribution | 0.14 | |||
Daily Balance Of Power | 0.7143 | |||
Rate Of Daily Change | 1.13 | |||
Day Median Price | 0.47 | |||
Day Typical Price | 0.46 | |||
Market Facilitation Index | 0.07 | |||
Period Momentum Indicator | 0.05 |
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.About Novonix Pink Sheet Analysis
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.
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.
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Complementary Tools for Novonix Pink Sheet analysis
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.
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