Kardan NV (Israel) Technical Analysis

KRNV Stock  ILS 4.00  0.00  0.00%   
As of the 24th of April, Kardan NV secures the Mean Deviation of 6.51, risk adjusted performance of 0.0112, and Downside Deviation of 9.22. Kardan NV technical analysis lets you operate historical price patterns with an objective to determine a pattern that forecasts the direction of the firm's future prices. 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 interpolate nineteen technical drivers for Kardan NV, which can be compared to its peers in the industry. Please verify Kardan NV information ratio, treynor ratio, value at risk, as well as the relationship between the jensen alpha and maximum drawdown to decide if Kardan NV is priced some-what accurately, providing market reflects its recent price of 4.0 per share.

Kardan NV Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Kardan, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Kardan
  
Kardan NV'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.
Kardan NV technical stock 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, stock market cycles, or different charting patterns.
A focus of Kardan NV technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Kardan NV 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...

Kardan NV Technical Analysis

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The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Kardan NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Kardan NV Trend Analysis

Use this graph to draw trend lines for Kardan NV. You can use it to identify possible trend reversals for Kardan NV 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 Kardan NV price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Kardan NV Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Kardan NV applied against its price change over selected period. The best fit line has a slop of   0.02  , which may suggest that Kardan NV market price will keep on failing further. It has 122 observation points and a regression sum of squares at 20.37, which is the sum of squared deviations for the predicted Kardan NV price change compared to its average price change.

About Kardan NV 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 Kardan NV 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 Kardan NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Kardan NV price pattern first instead of the macroeconomic environment surrounding Kardan NV. By analyzing Kardan NV'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 Kardan NV'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 Kardan NV specific price patterns or momentum indicators. Please read more on our technical analysis page.

Kardan NV April 24, 2024 Technical Indicators

Most technical analysis of Kardan 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 Kardan from various momentum indicators to cycle indicators. When you analyze Kardan 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, which includes a position in Kardan NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

Complementary Tools for Kardan Stock analysis

When running Kardan NV's price analysis, check to measure Kardan NV's 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 Kardan NV is operating at the current time. Most of Kardan NV's value examination focuses on studying past and present price action to predict the probability of Kardan NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kardan NV's price. Additionally, you may evaluate how the addition of Kardan NV to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Kardan NV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kardan NV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kardan NV's 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.