Nykredit Invest (Denmark) Technical Analysis

NYIKO Stock  DKK 95.54  0.07  0.07%   
As of the 16th of April 2024, Nykredit Invest secures the Coefficient Of Variation of 859.43, risk adjusted performance of 0.0365, and Mean Deviation of 0.1021. Our technical analysis interface lets you check existing technical drivers of Nykredit Invest Korte, 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 break down and interpolate data for eighteen technical drivers for Nykredit Invest, which can be compared to its peers in the industry. Please verify Nykredit Invest Korte standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Nykredit Invest Korte is priced some-what accurately, providing market reflects its recent price of 95.54 per share.

Nykredit Invest Momentum Analysis

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

Nykredit Invest Korte Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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 Nykredit Invest Korte volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Nykredit Invest Korte Trend Analysis

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

Nykredit Invest Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Nykredit Invest Korte applied against its price change over selected period. The best fit line has a slop of   0.02  , which means Nykredit Invest Korte will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.37, which is the sum of squared deviations for the predicted Nykredit Invest price change compared to its average price change.

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

Nykredit Invest April 16, 2024 Technical Indicators

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

Nykredit Invest April 16, 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 Nykredit 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.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nykredit Invest Korte. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary Tools for Nykredit Stock analysis

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