Nova Vision Acquisition Stock Today
| NOVVU Stock | USD 11.74 0.00 0.00% |
Performance0 of 100
| Odds Of DistressOver 98
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Nova Vision is selling for under 11.74 as of the 7th of May 2024; that is No Change since the beginning of the trading day. The stock's last reported lowest price was 11.74. Nova Vision has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Nova Vision Acquisition are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of April 2024 and ending today, the 7th of May 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 6th of August 2021 | Classification Financials |
Nova Vision Acquisition Corporation does not have significant operations. Nova Vision Acquisition Corporation was incorporated in 2021 and is based in Singapore, Singapore. Nova Vision is traded on NASDAQ Exchange in the United States. The company has 0 outstanding shares of which 151 shares are now shorted by private and institutional investors with about 37.75 days to cover all short positions. More on Nova Vision Acquisition
Moving against Nova Stock
| 0.46 | XP | Xp Inc Financial Report 20th of May 2024 | PairCorr |
| 0.42 | MC | Moelis | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Nova Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nova Vision's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nova Vision or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Capital Markets, Shell Companies, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Nova Vision's profitability, liquidity, and operating efficiency, Nova Vision Acquisition may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Nova Vision Acquisition is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Nova Vision's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Nova Vision's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Nova Vision's financial leverage. It provides some insight into what part of Nova Vision's total assets is financed by creditors. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Nova Vision Acquisition (NOVVU) is traded on NASDAQ Exchange in USA. It is located in 2 Havelock Road, Singapore, Singapore, 059763 and employs 1 people. Nova Vision is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company classifies itself under Capital Markets sector and is part of Financials industry. Nova Vision Acquisition has 0 outstanding shares of which 151 shares are now shorted by private and institutional investors with about 37.75 days to cover all short positions.
Nova Vision Acquisition has accumulated about 567.98 K in cash with (569.87 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08.
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Ownership AllocationRoughly 100.0 % of Nova Vision outstanding shares are held by general public with 0.01 % by institutional investors.
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Nova Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Nova Vision jumping above the current price in 90 days from now is about 34.46%. The Nova Vision Acquisition probability density function shows the probability of Nova Vision stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Nova Vision Acquisition has a beta of -0.046. This indicates as returns on the benchmark increase, returns on holding Nova Vision are expected to decrease at a much lower rate. During a bear market, however, Nova Vision Acquisition is likely to outperform the market. Additionally, nova Vision Acquisition has an alpha of 0.0036, implying that it can generate a 0.003613 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Nova Vision to move above the current price in 90 days from now is about 34.46 (This Nova Vision Acquisition probability density function shows the probability of Nova Stock to fall within a particular range of prices over 90 days) .
Nova Vision Historical Income Statement
Nova Vision Acquisition Income Statement is one of the three primary financial statements used for reporting Nova's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nova Vision Acquisition revenue and expense. Nova Vision Income Statement primarily focuses on the company's revenues and expenses during a particular period.
View More FundamentalsNova Stock Against Markets
Picking the right benchmark for Nova Vision stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Nova Vision stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Nova Vision is critical whether you are bullish or bearish towards Nova Vision Acquisition at a given time. Please also check how Nova Vision's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Nova Vision without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Nova Stock?
Before investing in Nova Vision, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Nova Vision. To buy Nova Vision stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Nova Vision. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Nova Vision stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Nova Vision Acquisition stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Nova Vision Acquisition stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Nova Vision Acquisition, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Nova Stock please use our How to Invest in Nova Vision guide.
Already Invested in Nova Vision Acquisition?
The danger of trading Nova Vision Acquisition is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Nova Vision is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Nova Vision. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Nova Vision Acquisition is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Nova Vision Acquisition is a strong investment it is important to analyze Nova Vision's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nova Vision's future performance. For an informed investment choice regarding Nova Stock, refer to the following important reports: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova Vision Acquisition. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Nova Stock analysis
When running Nova Vision's price analysis, check to measure Nova Vision'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 Nova Vision is operating at the current time. Most of Nova Vision's value examination focuses on studying past and present price action to predict the probability of Nova Vision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Vision's price. Additionally, you may evaluate how the addition of Nova Vision to your portfolios can decrease your overall portfolio volatility.
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Is Nova Vision's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nova Vision. If investors know Nova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nova Vision listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Return On Assets (0.03) | Return On Equity (0.03) |
The market value of Nova Vision Acquisition is measured differently than its book value, which is the value of Nova that is recorded on the company's balance sheet. Investors also form their own opinion of Nova Vision's value that differs from its market value or its book value, called intrinsic value, which is Nova Vision's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nova Vision's market value can be influenced by many factors that don't directly affect Nova Vision's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nova Vision's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova Vision is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova Vision's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.