Nge Capital Limited Stock Technical Analysis

NGELFDelisted Stock  USD 0.49  0.00  0.00%   
As of the 23rd of April, NGE Capital secures the mean deviation of 0.0597, and Risk Adjusted Performance of (0.09). In connection with fundamental indicators, the technical analysis model lets you check helpful technical drivers of NGE Capital Limited, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to break down and interpolate eleven technical drivers for NGE Capital, which can be compared to its peers in the industry. Please verify NGE Capital Limited coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and skewness to decide if NGE Capital Limited is priced fairly, providing market reflects its recent price of 0.49 per share. As NGE Capital Limited is a penny stock we also strongly advise to check its information ratio numbers.

NGE Capital Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NGE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NGE
  
NGE Capital's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
NGE Capital technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of NGE Capital technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NGE Capital trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

NGE Capital Limited Technical Analysis

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NGE Capital Limited Trend Analysis

Use this graph to draw trend lines for NGE Capital Limited. You can use it to identify possible trend reversals for NGE Capital as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual NGE Capital price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

NGE Capital Best Fit Change Line

The following chart estimates an ordinary least squares regression model for NGE Capital Limited applied against its price change over selected period. The best fit line has a slop of    , which may suggest that NGE Capital Limited market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted NGE Capital price change compared to its average price change.

About NGE Capital Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of NGE Capital Limited on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of NGE Capital Limited based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NGE Capital Limited price pattern first instead of the macroeconomic environment surrounding NGE Capital Limited. By analyzing NGE Capital's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of NGE Capital's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to NGE Capital specific price patterns or momentum indicators. Please read more on our technical analysis page.

NGE Capital April 23, 2024 Technical Indicators

Most technical analysis of NGE help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for NGE from various momentum indicators to cycle indicators. When you analyze NGE charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Other Consideration for investing in NGE Pink Sheet

If you are still planning to invest in NGE Capital Limited 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 NGE Capital's history and understand the potential risks before investing.
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