Cnova NV Performance
The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Cnova NV are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Cnova NV has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Cnova NV is not utilizing all of its potentials. The current stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
| Target High Price | 6.21 | |
| Target Low Price | 3.83 |
Cnova |
Cnova NV Relative Risk vs. Return Landscape
If you would invest 0.00 in Cnova NV on January 25, 2024 and sell it today you would earn a total of 0.00 from holding Cnova NV or generate 0.0% return on investment over 90 days. Cnova NV is generating negative expected returns assuming volatility of 0.0% on return distribution over 90 days investment horizon. In other words, 0% of stocks are less volatile than Cnova, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Cnova NV Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cnova NV's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cnova NV, and traders can use it to determine the average amount a Cnova NV's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average Cnova NV is not performing at its full potential. However, 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 Cnova NV by adding Cnova NV to a well-diversified portfolio.
Cnova NV Fundamentals Growth
Cnova Stock prices reflect investors' perceptions of the future prospects and financial health of Cnova NV, and Cnova NV fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cnova Stock performance.
| Return On Asset | -0.05 | |||
| Profit Margin | (0.14) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 485.66 M | |||
| Shares Outstanding | 412.11 M | |||
| Price To Earning | 24.28 X | |||
| Price To Book | 17.00 X | |||
| Price To Sales | 0.84 X | |||
| Revenue | 3.45 B | |||
| Cash And Equivalents | 400.79 M | |||
| Cash Per Share | 0.43 X | |||
| Total Debt | 146.97 M | |||
| Debt To Equity | 15.36 % | |||
| Cash Flow From Operations | (5.01 M) | |||
| Earnings Per Share | 0.22 X | |||
| Total Asset | 1.72 B | |||
| Current Asset | 1.14 B | |||
| Current Liabilities | 1.59 B | |||
Things to note about Cnova NV performance evaluation
Checking the ongoing alerts about Cnova NV for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cnova NV help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cnova NV is not yet fully synchronised with the market data | |
| Cnova NV has some characteristics of a very speculative penny stock | |
| Cnova NV has a very high chance of going through financial distress in the upcoming years | |
| The company has 146.97 M in debt with debt to equity (D/E) ratio of 15.36, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Cnova NV has a current ratio of 0.86, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Cnova NV until it has trouble settling it off, either with new capital or with free cash flow. So, Cnova NV's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cnova NV sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cnova to invest in growth at high rates of return. When we think about Cnova NV's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the last year's revenue of 3.45 B. Reported Net Loss for the year was (244.22 M) with profit before taxes, overhead, and interest of 411.68 M. | |
| Cnova NV has about 400.79 M in cash with (5.01 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43. |
- Analyzing Cnova NV's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cnova NV's stock is overvalued or undervalued compared to its peers.
- Examining Cnova NV's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cnova NV's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cnova NV's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cnova NV's stock. These opinions can provide insight into Cnova NV's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Cnova Stock
If you are still planning to invest in Cnova NV check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Cnova NV's history and understand the potential risks before investing.
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