Nortech Systems Stock Forecast - Accumulation Distribution
| NSYS Stock | USD 16.51 0.01 0.06% |
Nortech Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Nortech Systems stock prices and determine the direction of Nortech Systems Incorporated's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Nortech Systems' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Nortech Systems' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Nortech Systems' systematic risk associated with finding meaningful patterns of Nortech Systems fundamentals over time.
Check out Historical Fundamental Analysis of Nortech Systems to cross-verify your projections. Nortech |
Most investors in Nortech Systems cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Nortech Systems' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Nortech Systems' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Nortech Systems is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Nortech Systems Incorporated to determine if accumulation or reduction is taking place in the market. This value is adjusted by Nortech Systems trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 57.68 | 0.0288 |
| Check Nortech Systems Volatility | Backtest Nortech Systems | Information Ratio |
Nortech Systems Trading Date Momentum
| On April 18 2024 Nortech Systems Incorporated was traded for 16.51 at the closing time. The top price for the day was 17.00 and the lowest listed price was 16.51 . There was no trading activity during the period 0.0. Lack of trading volume on April 18, 2024 did not cause price change. The trading delta at closing time against the current closing price is 2.97% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Nortech Systems to competition |
Other Forecasting Options for Nortech Systems
For every potential investor in Nortech, whether a beginner or expert, Nortech Systems' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Nortech Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Nortech. Basic forecasting techniques help filter out the noise by identifying Nortech Systems' price trends.Nortech Systems Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Nortech Systems stock to make a market-neutral strategy. Peer analysis of Nortech Systems could also be used in its relative valuation, which is a method of valuing Nortech Systems by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Nortech Systems rporated Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Nortech Systems' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Nortech Systems' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Nortech Systems Market Strength Events
Market strength indicators help investors to evaluate how Nortech Systems stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Nortech Systems shares will generate the highest return on investment. By undertsting and applying Nortech Systems stock market strength indicators, traders can identify Nortech Systems Incorporated entry and exit signals to maximize returns.
Nortech Systems Risk Indicators
The analysis of Nortech Systems' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Nortech Systems' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nortech stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.06 | |||
| Semi Deviation | 2.72 | |||
| Standard Deviation | 4.67 | |||
| Variance | 21.82 | |||
| Downside Variance | 12.79 | |||
| Semi Variance | 7.39 | |||
| Expected Short fall | (3.68) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nortech Systems in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nortech Systems' short interest history, or implied volatility extrapolated from Nortech Systems options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Nortech Systems to cross-verify your projections. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Nortech Stock analysis
When running Nortech Systems' price analysis, check to measure Nortech Systems' 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 Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital |
Is Nortech Systems' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nortech Systems. If investors know Nortech will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nortech Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Earnings Share 2.38 | Revenue Per Share 51.185 | Quarterly Revenue Growth 0.012 | Return On Assets 0.0514 |
The market value of Nortech Systems rporated is measured differently than its book value, which is the value of Nortech that is recorded on the company's balance sheet. Investors also form their own opinion of Nortech Systems' value that differs from its market value or its book value, called intrinsic value, which is Nortech Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nortech Systems' market value can be influenced by many factors that don't directly affect Nortech Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nortech Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nortech Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nortech Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.