Sunnova Energy International Alpha and Beta Analysis
| NOVADelisted Stock | USD 0 0 85.71% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sunnova Energy International. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sunnova Energy over a specified time horizon. Remember, high Sunnova Energy's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Sunnova Energy's market risk premium analysis include:
Beta (0.83) | Alpha (2.27) | Risk 25.21 | Sharpe Ratio (0.14) | Expected Return (3.60) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Sunnova |
Sunnova Energy Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sunnova Energy market risk premium is the additional return an investor will receive from holding Sunnova Energy long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sunnova Energy. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Sunnova Energy's performance over market.| α | -2.27 | β | -0.83 |
Sunnova Energy Fundamentals Vs Peers
Comparing Sunnova Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Sunnova Energy's direct or indirect competition across all of the common fundamentals between Sunnova Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Sunnova Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Sunnova Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Sunnova Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Sunnova Energy to competition |
| Fundamentals | Sunnova Energy | Peer Average |
| Price To Earning | 16.71 X | 28.72 X |
| Revenue | 839.92 M | 9.43 B |
| EBITDA | 156.33 M | 3.9 B |
| Net Income | (447.77 M) | 570.98 M |
| Cash And Equivalents | 412.58 M | 2.7 B |
| Cash Per Share | 3.59 X | 5.01 X |
| Total Debt | 8.46 B | 5.32 B |
Sunnova Energy Opportunities
Sunnova Energy Return and Market Media
The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Sunnova receives notice that it is not in compliance with the New York Stock Exchange | 04/07/2025 |
2 | Ramaco Resources Reports Q1 Loss, Tops Revenue Estimates | 05/12/2025 |
3 | Sunnova Receives NYSE Notice Regarding Delayed Form 10-Q Filing | 05/23/2025 |
4 | Trump administration cancels Sunnova Energy 3 billion loan, Bloomberg News reports By Reuters - Investing.com | 05/28/2025 |
5 | Sunnova Energy Subsidiary Files for Bankruptcy Amidst Financial Struggles | 06/02/2025 |
6 | FuelCell Energy Reports Q2 Loss, Tops Revenue Estimates | 06/06/2025 |
7 | Sunnova Energy Files for Bankruptcy, Stock Plummets 38 | 06/09/2025 |
8 | Sunnova Energy Sees Option Delisting on June 10th NOVA Stock News | 06/10/2025 |
9 | Nova Minerals Commences Antimony-Gold Drilling at its Stibium Prospect | 06/11/2025 |
About Sunnova Energy Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Sunnova or other delisted stocks. Alpha measures the amount that position in Sunnova Energy Inter has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Sunnova Energy Upcoming Company Events
As portrayed in its financial statements, the presentation of Sunnova Energy's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sunnova Energy's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sunnova Energy's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sunnova Energy. Please utilize our Beneish M Score to check the likelihood of Sunnova Energy's management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Sunnova Energy
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Other Consideration for investing in Sunnova Stock
If you are still planning to invest in Sunnova Energy Inter 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 Sunnova Energy's history and understand the potential risks before investing.
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