Nova Minerals Limited Stock Analysis

Nova Stock Analysis Notes

The company had not issued any dividends in recent years. To find out more about Nova Minerals Limited contact Christopher Gerteisen at 61 3 9537 1238 or learn more at https://novaminerals.com.au.

Nova Minerals Limited Investment Alerts

Nova Profitablity

Management Efficiency

The company has return on total asset (ROA) of (0.0558) % which means that it has lost $0.0558 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1066) %, meaning that it generated substantial loss on money invested by shareholders. Nova Minerals' management efficiency ratios could be used to measure how well Nova Minerals manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.18 in 2025. Return On Capital Employed is likely to climb to -0.04 in 2025. At this time, Nova Minerals' Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 125.3 M in 2025, whereas Total Current Assets are likely to drop slightly above 3.2 M in 2025.

Technical Drivers

As of the 23rd of September, Nova Minerals secures the Mean Deviation of 9.7, risk adjusted performance of 0.0592, and Downside Deviation of 10.74. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nova Minerals Limited, as well as the relationship between them. Please verify Nova Minerals Limited jensen alpha and semi variance to decide if Nova Minerals Limited is priced some-what accurately, providing market reflects its recent price of 7.5 per share. Given that Nova Minerals Limited has jensen alpha of 1.04, we recommend you to check Nova Minerals's last-minute market performance to make sure the company can sustain itself at a future point.

Nova Minerals Limited Price Movement Analysis

Nova Minerals Predictive Daily Indicators

Nova Minerals Corporate Filings

Nova Minerals Forecast Models

Nova Minerals' time-series forecasting models are one of many Nova Minerals' 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 Nova Minerals' 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.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Nova Minerals 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 Nova 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 Nova Minerals. By using and applying Nova Stock analysis, traders can create a robust methodology for identifying Nova entry and exit points for their positions.

When running Nova Minerals' price analysis, check to measure Nova Minerals' 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 Minerals is operating at the current time. Most of Nova Minerals' value examination focuses on studying past and present price action to predict the probability of Nova Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Minerals' price. Additionally, you may evaluate how the addition of Nova Minerals to your portfolios can decrease your overall portfolio volatility.