As of 24 of May NZSE secures Risk Adjusted Performance of 0.2296 and Mean Deviation of 0.4114. Macroaxis technical analysis interface lets you check available technical drivers of NZSE as well as the relationship between them. Strictly speaking you can use this information to find out if the organization will indeed mirror its model of past prices or the prices will eventually revert. We found eighteen technical drivers for NZSE which can be compared to its peers in the industry. Please verify NZSE Market Risk Adjusted Performance, Downside Deviation, Standard Deviation, as well as the relationship between Mean Deviation and Coefficient Of Variation to decide if NZSE is priced favorably providing market reflects its recent price of 10222.36 per share.
|Horizon||30 Days Login to change|
NZSE Trend AnalysisUse this graph to draw trend lines for NZSE. You can use it to identify possible trend reversals for NZSE 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 NZSE price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
NZSE Best Fit Change LineThe following chart estimates an ordinary least squares regression model for NZSE applied against its price change over selected period. The best fit line has a slop of 13.44 % which means NZSE will continue producing value for investors. It has 78 observation points and a regression sum of squares at 1783798.3, which is the sum of squared deviations for the predicted NZSE price change compared to its average price change.
NZSE May 24, 2019 Technical Indicators
|Risk Adjusted Performance||0.2296|
|Coefficient Of Variation||284.0|
|Total Risk Alpha||0.1824|
|Value At Risk||(0.62)|
|Expected Short fall||(0.58)|
NZSE May 24, 2019 Daily Price Condition
|Daily Balance Of Power||0.26|
|Rate Of Daily Change||1.00|
|Day Median Price||10,231|
|Day Typical Price||10,228|
|Price Action Indicator||(0.61)|
|Market Facilitation Index||64.04|