Ing Group Nv Stock Technical Analysis
| ING Stock | USD 15.86 0.22 1.41% |
As of the 18th of April 2024, ING Group retains the Semi Deviation of 1.65, risk adjusted performance of 0.0872, and Market Risk Adjusted Performance of 0.2409. ING Group technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for ING Group NV, which can be compared to its competitors. Please check out ING Group NV variance, as well as the relationship between the maximum drawdown and semi variance to decide if ING Group is priced fairly, providing market reflects its last-minute price of 15.86 per share. Given that ING Group NV has jensen alpha of 0.1448, we strongly advise you to confirm ING Group NV's regular market performance to make sure the company can sustain itself in the future.
ING 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 ING, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to INGING |
ING Group Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 18.78 | Buy | 2 | Odds |
Most ING 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 ING stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ING Group NV, talking to its executives and customers, or listening to ING conference calls.
ING 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.
ING Group NV 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 ING Group NV volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ING Group NV Trend Analysis
Use this graph to draw trend lines for ING Group NV. You can use it to identify possible trend reversals for ING 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 ING Group price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ING Group Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ING Group NV applied against its price change over selected period. The best fit line has a slop of 0.06 , which may imply that ING Group NV will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 153.01, which is the sum of squared deviations for the predicted ING Group price change compared to its average price change.About ING 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 ING Group NV 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 ING Group NV based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ING Group NV price pattern first instead of the macroeconomic environment surrounding ING Group NV. By analyzing ING 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 ING 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 ING Group specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0498 | 0.0749 | 0.0613 | 0.0582 | Price To Sales Ratio | 2.61 | 1.4K | 2.14 | 2.04 |
ING Group April 18, 2024 Technical Indicators
Most technical analysis of ING 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 ING from various momentum indicators to cycle indicators. When you analyze ING 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.
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0872 | |||
| Market Risk Adjusted Performance | 0.2409 | |||
| Mean Deviation | 1.02 | |||
| Semi Deviation | 1.65 | |||
| Downside Deviation | 1.85 | |||
| Coefficient Of Variation | 773.38 | |||
| Standard Deviation | 1.47 | |||
| Variance | 2.17 | |||
| Information Ratio | 0.0916 | |||
| Jensen Alpha | 0.1448 | |||
| Total Risk Alpha | 0.0741 | |||
| Sortino Ratio | 0.0729 | |||
| Treynor Ratio | 0.2309 | |||
| Maximum Drawdown | 7.82 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 2.24 | |||
| Downside Variance | 3.42 | |||
| Semi Variance | 2.74 | |||
| Expected Short fall | (1.05) | |||
| Skewness | (1.69) | |||
| Kurtosis | 5.46 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ING Group NV. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for ING Stock analysis
When running ING Group's price analysis, check to measure ING 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 ING Group is operating at the current time. Most of ING Group's value examination focuses on studying past and present price action to predict the probability of ING 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 ING Group's price. Additionally, you may evaluate how the addition of ING Group to your portfolios can decrease your overall portfolio volatility.
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Is ING Group'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 ING Group. If investors know ING 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 ING Group 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 (0.83) | Dividend Share 1.106 | Earnings Share 2.17 | Revenue Per Share 4.947 | Quarterly Revenue Growth (0.95) |
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group'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 ING Group's market value can be influenced by many factors that don't directly affect ING Group'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 ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group'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.