Netcompany Group (Denmark) Technical Analysis
| NETC Stock | DKK 254.80 0.80 0.31% |
As of the 23rd of April, Netcompany Group secures the Downside Deviation of 1.97, risk adjusted performance of 0.0633, and Mean Deviation of 1.55. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Netcompany Group, 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 nineteen technical drivers for Netcompany Group, which can be compared to its peers in the industry. Please verify Netcompany Group maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk to decide if Netcompany Group AS is priced some-what accurately, providing market reflects its recent price of 254.8 per share.
Netcompany Group Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Netcompany, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NetcompanyNetcompany |
Netcompany Group 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.
Netcompany Group Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-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 Netcompany Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Netcompany Group Trend Analysis
Use this graph to draw trend lines for Netcompany Group AS. You can use it to identify possible trend reversals for Netcompany Group 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 Netcompany Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Netcompany Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Netcompany Group AS applied against its price change over selected period. The best fit line has a slop of 0.33 , which may suggest that Netcompany Group AS market price will keep on failing further. It has 122 observation points and a regression sum of squares at 4208.18, which is the sum of squared deviations for the predicted Netcompany Group price change compared to its average price change.About Netcompany Group 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 Netcompany Group AS 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 Netcompany Group AS based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Netcompany Group price pattern first instead of the macroeconomic environment surrounding Netcompany Group. By analyzing Netcompany Group'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 Netcompany Group'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 Netcompany Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
Netcompany Group April 23, 2024 Technical Indicators
Most technical analysis of Netcompany 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 Netcompany from various momentum indicators to cycle indicators. When you analyze Netcompany 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 | 0.0633 | |||
| Market Risk Adjusted Performance | 0.6564 | |||
| Mean Deviation | 1.55 | |||
| Semi Deviation | 1.79 | |||
| Downside Deviation | 1.97 | |||
| Coefficient Of Variation | 1100.06 | |||
| Standard Deviation | 2.27 | |||
| Variance | 5.14 | |||
| Information Ratio | 0.0515 | |||
| Jensen Alpha | 0.1721 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0593 | |||
| Treynor Ratio | 0.6464 | |||
| Maximum Drawdown | 13.88 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.89 | |||
| Downside Variance | 3.89 | |||
| Semi Variance | 3.21 | |||
| Expected Short fall | (1.67) | |||
| Skewness | 1.13 | |||
| Kurtosis | 4.04 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Netcompany Group AS. 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Netcompany Stock analysis
When running Netcompany Group's price analysis, check to measure Netcompany Group'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 Netcompany Group is operating at the current time. Most of Netcompany Group's value examination focuses on studying past and present price action to predict the probability of Netcompany Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Netcompany Group's price. Additionally, you may evaluate how the addition of Netcompany Group to your portfolios can decrease your overall portfolio volatility.
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