Nvent Electric Plc Stock Technical Analysis

NVT Stock  USD 73.72  1.20  1.65%   
As of the 25th of April, NVent Electric secures the Downside Deviation of 1.35, risk adjusted performance of 0.1487, and Market Risk Adjusted Performance of 0.2372. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of nVent Electric PLC, 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 NVent Electric, which can be compared to its peers in the industry. Please verify nVent Electric PLC semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if nVent Electric PLC is priced some-what accurately, providing market reflects its recent price of 73.72 per share. Given that nVent Electric PLC has jensen alpha of 0.212, we recommend you to check NVent Electric's last-minute market performance to make sure the company can sustain itself at a future point.

NVent Electric Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NVent, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NVent
  
NVent Electric'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.

NVent Electric Analyst Consensus

Target PriceAdvice# of Analysts
61.67Strong Buy12Odds
nVent Electric PLC current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most NVent analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand NVent stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of nVent Electric PLC, talking to its executives and customers, or listening to NVent conference calls.
NVent Analyst Advice Details
NVent Electric 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 NVent Electric technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of NVent Electric 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...

nVent Electric PLC 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 nVent Electric PLC volatility. High ATR values indicate high volatility, and low values indicate low volatility.

nVent Electric PLC Trend Analysis

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

NVent Electric Best Fit Change Line

The following chart estimates an ordinary least squares regression model for nVent Electric PLC applied against its price change over selected period. The best fit line has a slop of   0.26  , which may imply that nVent Electric PLC will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 2507.7, which is the sum of squared deviations for the predicted NVent Electric price change compared to its average price change.

About NVent Electric 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 nVent Electric PLC 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 nVent Electric PLC based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on nVent Electric PLC price pattern first instead of the macroeconomic environment surrounding nVent Electric PLC. By analyzing NVent Electric'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 NVent Electric'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 NVent Electric specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.01840.01830.01190.0223
Price To Sales Ratio2.592.23.01.74

NVent Electric April 25, 2024 Technical Indicators

Most technical analysis of NVent 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 NVent from various momentum indicators to cycle indicators. When you analyze NVent 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.

NVent Electric April 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as NVent stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether nVent Electric PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if NVent Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nvent Electric Plc Stock. Highlighted below are key reports to facilitate an investment decision about Nvent Electric Plc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in nVent Electric PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for NVent Stock analysis

When running NVent Electric's price analysis, check to measure NVent Electric'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 NVent Electric is operating at the current time. Most of NVent Electric's value examination focuses on studying past and present price action to predict the probability of NVent Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NVent Electric's price. Additionally, you may evaluate how the addition of NVent Electric to your portfolios can decrease your overall portfolio volatility.
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Is NVent Electric's 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 NVent Electric. If investors know NVent 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 NVent Electric 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
0.588
Dividend Share
0.715
Earnings Share
3.37
Revenue Per Share
19.708
Quarterly Revenue Growth
0.161
The market value of nVent Electric PLC is measured differently than its book value, which is the value of NVent that is recorded on the company's balance sheet. Investors also form their own opinion of NVent Electric's value that differs from its market value or its book value, called intrinsic value, which is NVent Electric's 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 NVent Electric's market value can be influenced by many factors that don't directly affect NVent Electric's 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 NVent Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if NVent Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NVent Electric'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.