Performance of NOVT Novanta | 4.2% in 12m
Compare NOVT with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare Novanta with its related Sector/Index XLK
Performance Duell NOVT vs XLK
| TimeFrame | NOVT | XLK |
|---|---|---|
| 1 Day | 2.02% | 1.13% |
| 1 Week | 6.69% | 3.79% |
| 1 Month | -7.66% | -3.77% |
| 3 Months | 1.38% | -0.79% |
| 6 Months | 23.5% | 25.23% |
| 12 Months | 4.19% | 37.88% |
| YTD | -2.98% | 6.79% |
| Rel. Perf. 1m | -0.45 | |
| Rel. Perf. 3m | -0.35 | |
| Rel. Perf. 6m | -0.19 | |
| Rel. Perf. 12m | -2.86 |
Is Novanta a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Novanta (NASDAQ:NOVT) is currently (April 2024)
ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 59.52 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NOVT as of April 2024 is 152.51. This means that NOVT is currently overvalued and has a potential downside of -4.33% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NOVT as of April 2024 is 152.51. This means that NOVT is currently overvalued and has a potential downside of -4.33% (Sold with Premium).
Is NOVT a buy, sell or hold?
- Strong Buy: 1
- Buy: 1
- Hold: 1
- Sell: 1
- Strong Sell: 0
Values above 0%: NOVT is performing better - Values below 0%: NOVT is underperforming
Compare NOVT with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | 4.04% | -5.63% | -0.60% | -23.33% |
| US NASDAQ 100 | QQQ | 2.75% | -4.88% | -2.42% | -34.93% |
| US Dow Jones Industrial 30 | DIA | 6.03% | -5.03% | 5.77% | -12.86% |
| German DAX 40 | DBXD | 4.35% | -6.31% | 0.44% | -10.08% |
| UK FTSE 100 | ISFU | 3.18% | -9.21% | 7.75% | -3.32% |
| Shanghai Shenzhen CSI 300 | CSI 300 | 5.78% | -8.98% | 21.00% | 15.98% |
| Hongkong Hang Seng | HSI | -2.02% | -9.64% | 25.19% | 22.66% |
| Japan Nikkei 225 | EXX7 | 6.76% | 0.35% | 6.40% | -13.60% |
| India NIFTY 50 | INDA | 4.76% | -10.73% | 1.04% | -26.01% |
| Brasil Bovespa | EWZ | 4.09% | -5.43% | 16.37% | -17.77% |
NOVT Novanta vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | 5.88% | -6.11% | -3.69% | -39.86% |
| Consumer Discretionary | XLY | 3.07% | -4.13% | 4.18% | -19.19% |
| Consumer Staples | XLP | 5.15% | -7.82% | 9.81% | 2.06% |
| Energy | XLE | 5.88% | -11.12% | 11.10% | -14.39% |
| Financial | XLF | 5.60% | -6.26% | -5.07% | -24.60% |
| Health Care | XLV | 5.96% | -3.67% | 10.84% | -3.82% |
| Industrial | XLI | 4.87% | -6.62% | -3.67% | -24.23% |
| Materials | XLB | 6.06% | -5.68% | 2.82% | -12.12% |
| Real Estate | XLRE | 5.07% | -2.83% | 10.62% | 0.57% |
| Technology | XLK | 2.90% | -3.89% | -1.75% | -33.69% |
| Utilities | XLU | 5.53% | -12.01% | 10.94% | 3.89% |
| Aerospace & Defense | XAR | 3.76% | -5.91% | 3.68% | -17.80% |
| Biotech | XBI | 5.89% | 2.27% | -2.70% | -1.05% |
| Homebuilder | XHB | 3.14% | -2.53% | -25.29% | -50.55% |
| Retail | XRT | 3.81% | -2.95% | -2.30% | -18.18% |
Does Novanta outperform its market, is NOVT a Sector Leader?
No, over the last 12 months Novanta (NOVT) made 4.19%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 37.88%.
Over the last 3 months NOVT made 1.38%, while XLK made -0.79%.
No, over the last 12 months Novanta (NOVT) made 4.19%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 37.88%.
Over the last 3 months NOVT made 1.38%, while XLK made -0.79%.
| Period | NOVT | XLK | S&P 500 |
|---|---|---|---|
| 1 Month | -7.66% | -3.77% | -2.03% |
| 3 Months | 1.38% | -0.79% | 4.60% |
| 12 Months | 4.19% | 37.88% | 27.52% |