Novonix limited NVX.US AI Analysis
BetaUS StockIndustrials
(No presentation for NVX)
NVX Trend Score
3
24
15
Bearish
Analysis Conclusion
NVX Trend Reference Factors
Exclusive
NVX Trend Strategy Backtest
The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.
Entry
Exit
The Backtest Result of NVX from 2022-02-02 till Now
- -20.57%
- Cumulative Return
- -6.69%
- Annual Return
- 37.11%
- Volatility
- -0.18
- Sharpe Ratio
Statistics data for entering at or above a Trend score of 4 and exiting at or below a Trend score of 2 from February, 2022 to June, 2025. (Total Trades: 3)
| NVX | Sector | US Overall Market | |
|---|---|---|---|
| Wining Rate | - | 31% | 31% |
| Avg Return | -7.3% | 0.6% | 13684.1% |
| Avg Profit | - | 22.2% | 44713.8% |
| Avg Loss | -7.3% | -9.2% | -9.1% |
| Avg Risk-Reward Ratio | - | 240.9% | 493463.1% |