Nitori Holdings Co Stock Technical Analysis
NCLTF Stock | USD 142.80 0.76 0.54% |
As of the 24th of April, Nitori Holdings secures the Mean Deviation of 4.81, downside deviation of 3.03, and Risk Adjusted Performance of 0.0916. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nitori Holdings, 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 interpolate and analyze data for nineteen technical drivers for Nitori Holdings, which can be compared to its peers in the industry. Please verify Nitori Holdings information ratio, value at risk, as well as the relationship between the Value At Risk and expected short fall to decide if Nitori Holdings Co is priced some-what accurately, providing market reflects its recent price of 142.8 per share. Given that Nitori Holdings has jensen alpha of 2.04, we recommend you to check Nitori Holdings's last-minute market performance to make sure the company can sustain itself at a future point.
Nitori Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nitori, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NitoriNitori |
Nitori Holdings 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.
Nitori Holdings Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. 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 Nitori Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nitori Holdings Trend Analysis
Use this graph to draw trend lines for Nitori Holdings Co. You can use it to identify possible trend reversals for Nitori Holdings 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 Nitori Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nitori Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nitori Holdings Co applied against its price change over selected period. The best fit line has a slop of 1.75 , which means Nitori Holdings Co will continue generating value for investors. It has 122 observation points and a regression sum of squares at 115779.51, which is the sum of squared deviations for the predicted Nitori Holdings price change compared to its average price change.About Nitori Holdings 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 Nitori Holdings Co 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 Nitori Holdings Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Nitori Holdings price pattern first instead of the macroeconomic environment surrounding Nitori Holdings. By analyzing Nitori Holdings'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 Nitori Holdings'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 Nitori Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nitori Holdings April 24, 2024 Technical Indicators
Most technical analysis of Nitori 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 Nitori from various momentum indicators to cycle indicators. When you analyze Nitori 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.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0916 | |||
Market Risk Adjusted Performance | (0.68) | |||
Mean Deviation | 4.81 | |||
Semi Deviation | 2.13 | |||
Downside Deviation | 3.03 | |||
Coefficient Of Variation | 759.74 | |||
Standard Deviation | 13.84 | |||
Variance | 191.54 | |||
Information Ratio | 0.1247 | |||
Jensen Alpha | 2.04 | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | 0.5702 | |||
Treynor Ratio | (0.69) | |||
Maximum Drawdown | 111.79 | |||
Value At Risk | (4.61) | |||
Potential Upside | 6.74 | |||
Downside Variance | 9.17 | |||
Semi Variance | 4.54 | |||
Expected Short fall | (6.58) | |||
Skewness | 7.21 | |||
Kurtosis | 55.22 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nitori Holdings Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Nitori Pink Sheet analysis
When running Nitori Holdings' price analysis, check to measure Nitori Holdings' 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 Nitori Holdings is operating at the current time. Most of Nitori Holdings' value examination focuses on studying past and present price action to predict the probability of Nitori Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nitori Holdings' price. Additionally, you may evaluate how the addition of Nitori Holdings to your portfolios can decrease your overall portfolio volatility.
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