NOVT
Price
$149.63
Change
+$1.97 (+1.33%)
Updated
Jan 17 closing price
Capitalization
6.26B
39 days until earnings call
ROBO
Price
$58.26
Change
+$0.77 (+1.34%)
Updated
Jan 17 closing price
Net Assets
1.07B
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NOVT vs ROBO

Header iconNOVT vs ROBO Comparison
Open Charts NOVT vs ROBOBanner chart's image
Novanta
Price$149.63
Change+$1.97 (+1.33%)
Volume$202.81K
Capitalization6.26B
Robo Global® Robotics&Automation ETF
Price$58.26
Change+$0.77 (+1.34%)
Volume$51.73K
Net Assets1.07B
NOVT vs ROBO Comparison Chart
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NOVT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
ROBO
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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VS
NOVT vs. ROBO commentary
Jan 19, 2025

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NOVT is a Hold and ROBO is a Buy.

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COMPARISON
Comparison
Jan 19, 2025
Stock price -- (NOVT: $149.63)
Brand notoriety:
Market capitalization --

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

NOVT’s FA Score shows that 1 FA rating(s) are green while.

  • NOVT’s FA Score: 1 green, 4 red.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

NOVT’s TA Score shows that 2 TA indicator(s) are bullish.

  • NOVT’s TA Score: 2 bullish, 3 bearish.

Price Growth

NOVT (@Electronic Equipment/Instruments) experienced а +1.46% price change this weekfor the same time period.

The average weekly price growth across all stocks in the @Electronic Equipment/Instruments industry was +4.68%. For the same industry, the average monthly price growth was +8.97%, and the average quarterly price growth was +8.76%.

Reported Earning Dates

NOVT is expected to report earnings on Feb 26, 2025.

Industries' Descriptions

@Electronic Equipment/Instruments (+4.68% weekly)

This industry manufactures electronic products used in various critical and sophisticated technologies, including laser-based systems, circuit and continuity testers, electro-optical measuring instruments and high-speed precision weighing and inspection equipment. Some major companies operating in this business are Canon Inc., Keysight Technologies Inc., and Fortive Corp.

SUMMARIES
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FUNDAMENTALS RATINGS
NOVT: Fundamental Ratings
NOVT
OUTLOOK RATING
1..100
12
VALUATION
overvalued / fair valued / undervalued
1..100
91
Overvalued
PROFIT vs RISK RATING
1..100
37
SMR RATING
1..100
74
PRICE GROWTH RATING
1..100
80
P/E GROWTH RATING
1..100
33
SEASONALITY SCORE
1..100
50

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
NOVTROBO
RSI
ODDS (%)
Bullish Trend 11 days ago
81%
N/A
Stochastic
ODDS (%)
Bullish Trend 11 days ago
83%
Bearish Trend 11 days ago
86%
Momentum
ODDS (%)
N/A
Bullish Trend 11 days ago
83%
MACD
ODDS (%)
N/A
Bullish Trend 11 days ago
90%
TrendWeek
ODDS (%)
Bearish Trend 11 days ago
60%
Bullish Trend 11 days ago
85%
TrendMonth
ODDS (%)
Bearish Trend 11 days ago
59%
Bearish Trend 11 days ago
81%
Advances
ODDS (%)
Bullish Trend 24 days ago
68%
Bullish Trend 13 days ago
87%
Declines
ODDS (%)
Bearish Trend 12 days ago
65%
Bearish Trend 11 days ago
85%
BollingerBands
ODDS (%)
N/A
N/A
Aroon
ODDS (%)
Bearish Trend 11 days ago
64%
N/A
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NOVT
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
ROBO
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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ROBO and

Correlation & Price change

A.I.dvisor indicates that over the last year, ROBO has been closely correlated with MCHP. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if ROBO jumps, then MCHP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ROBO
1D Price
Change %
ROBO100%
+1.34%
MCHP - ROBO
72%
Closely correlated
+3.17%
TER - ROBO
72%
Closely correlated
+0.60%
NOVT - ROBO
70%
Closely correlated
+1.33%
ADSK - ROBO
65%
Loosely correlated
+0.47%
CGNX - ROBO
65%
Loosely correlated
+0.94%
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