Novonix Ltd Adr Stock Analysis
| NVX Stock | USD 1.94 0.04 2.02% |
Novonix Ltd ADR is undervalued with Real Value of 4.92 and Hype Value of 1.97. The main objective of Novonix stock analysis is to determine its intrinsic value, which is an estimate of what Novonix Ltd ADR is worth, separate from its market price. There are two main types of Novonix's stock analysis: fundamental analysis and technical analysis.
The Novonix stock is traded in the USA on NASDAQ 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. Novonix is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Novonix Stock trading window is adjusted to America/New York timezone.
Novonix |
Novonix Stock Analysis Notes
The company has price-to-book ratio of 1.78. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Novonix Ltd ADR recorded a loss per share of 0.39. The entity last dividend was issued on the March 11, 2015. 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 NASDAQ Exchange in the United States. To find out more about Novonix Ltd ADR contact the company at 61 4 3931 0818 or learn more at https://www.novonixgroup.com.Novonix Ltd ADR Investment Alerts
| Novonix Ltd ADR is way too risky over 90 days horizon | |
| Novonix Ltd ADR may become a speculative penny stock | |
| Novonix Ltd ADR appears to be risky and price may revert if volatility continues | |
| The company reported the last year's revenue of 8.05 M. Reported Net Loss for the year was (46.25 M) with profit before taxes, overhead, and interest of 2.77 M. | |
| Novonix Ltd ADR has about 207.08 M in cash with (36.23 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.71. | |
| Novonix Ltd ADR has a frail financial position based on the latest SEC disclosures |
Novonix Ltd ADR Upcoming and Recent Events
Earnings reports are used by Novonix to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period..
| 4th of October 2023 Upcoming Quarterly Report | View | |
| 30th of June 2023 Next Fiscal Quarter End | View | |
| 4th of October 2023 Next Fiscal Year End | View | |
| 31st of March 2023 Last Quarter Report | View | |
| 30th of June 2022 Last Financial Announcement | View |
Novonix Thematic Classifications
In addition to having Novonix stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Electrical EquipmentUSA Equities from Electrical Equipment industry as classified by Fama & French |
Novonix Market Capitalization
The company currently falls under 'Small-Cap' category with a total capitalization of 280.38 M.Technical Drivers
As of the 3rd of December, Novonix secures the Risk Adjusted Performance of 0.0671, mean deviation of 5.11, and Downside Deviation of 5.81. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Novonix Ltd ADR, as well as the relationship between them.Novonix Ltd ADR Price Movement Analysis
The output start index for this execution was twenty-seven with a total number of output elements of thirty-four. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Novonix middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Novonix Ltd ADR. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Novonix Ltd ADR Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Novonix insiders, such as employees or executives, is commonly permitted as long as it does not rely on Novonix's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Novonix insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Bank Of America Corp /de/ over three months ago Disposition of tradable shares by Bank Of America Corp de of Novonix at 12.43 subject to Rule 16b-3 |
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 Ltd ADR 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 Ltd ADR 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 stock 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.
Novonix Forecast Models
Novonix's time-series forecasting models are one of many Novonix's stock 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 Stock Analysis
Stock 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 stock 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 Stock such as Novonix. By using and applying Novonix Stock 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 NASDAQ Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Novonix to your portfolios without increasing risk or reducing expected return.Did you try this?
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Additional Tools for Novonix Stock 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.