New Zealand Energy Stock Technical Analysis
| NZERF Stock | USD 0.81 0.20 32.79% |
As of the 19th of April, New Zealand secures the Standard Deviation of 6.95, mean deviation of 1.83, and Risk Adjusted Performance of 0.0045. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Zealand Energy, 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 data for twelve technical drivers for New Zealand, which can be compared to its peers in the industry. Please verify New Zealand Energy market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if New Zealand Energy is priced some-what accurately, providing market reflects its recent price of 0.81 per share. Given that New Zealand Energy is a hitting penny stock territory we strongly suggest to closely look at its jensen alpha.
New Zealand Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as New, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NewNew |
New Zealand 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.
New Zealand Energy Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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 New Zealand Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
New Zealand Energy Trend Analysis
Use this graph to draw trend lines for New Zealand Energy. You can use it to identify possible trend reversals for New Zealand 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 New Zealand price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.New Zealand Best Fit Change Line
The following chart estimates an ordinary least squares regression model for New Zealand Energy applied against its price change over selected period. The best fit line has a slop of 0.0008 , which means New Zealand Energy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.02, which is the sum of squared deviations for the predicted New Zealand price change compared to its average price change.About New Zealand 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 New Zealand Energy 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 New Zealand Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on New Zealand Energy price pattern first instead of the macroeconomic environment surrounding New Zealand Energy. By analyzing New Zealand'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 New Zealand'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 New Zealand specific price patterns or momentum indicators. Please read more on our technical analysis page.
New Zealand April 19, 2024 Technical Indicators
Most technical analysis of New 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 New from various momentum indicators to cycle indicators. When you analyze New 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 | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0045 | |||
| Market Risk Adjusted Performance | (0.09) | |||
| Mean Deviation | 1.83 | |||
| Coefficient Of Variation | (13,329) | |||
| Standard Deviation | 6.95 | |||
| Variance | 48.36 | |||
| Information Ratio | (0.02) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.10) | |||
| Maximum Drawdown | 39.0 | |||
| Potential Upside | 3.28 | |||
| Skewness | (1.12) | |||
| Kurtosis | 22.64 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Zealand Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for New Pink Sheet analysis
When running New Zealand's price analysis, check to measure New Zealand'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 New Zealand is operating at the current time. Most of New Zealand's value examination focuses on studying past and present price action to predict the probability of New Zealand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Zealand's price. Additionally, you may evaluate how the addition of New Zealand to your portfolios can decrease your overall portfolio volatility.
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