NEO PERFORMMAT (Germany) Technical Analysis
N14 Stock | EUR 4.39 0.01 0.23% |
As of the 2nd of June, NEO PERFORMMAT secures the mean deviation of 1.89, and Risk Adjusted Performance of (0.01). In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NEO PERFORMMAT, 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 thirteen technical drivers for NEO PERFORMMAT, which can be compared to its peers in the industry. Please verify NEO PERFORMMAT value at risk, skewness, and the relationship between the maximum drawdown and potential upside to decide if NEO PERFORMMAT is priced more or less accurately, providing market reflects its recent price of 4.39 per share.
NEO PERFORMMAT Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NEO, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NEONEO |
NEO PERFORMMAT 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.
NEO PERFORMMAT Technical Analysis
The output start index for this execution was fifty with a total number of output elements of eleven. 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 NEO PERFORMMAT volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NEO PERFORMMAT Trend Analysis
Use this graph to draw trend lines for NEO PERFORMMAT. You can use it to identify possible trend reversals for NEO PERFORMMAT 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 NEO PERFORMMAT price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NEO PERFORMMAT Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NEO PERFORMMAT applied against its price change over selected period. The best fit line has a slop of 0.0009 , which may suggest that NEO PERFORMMAT market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.03, which is the sum of squared deviations for the predicted NEO PERFORMMAT price change compared to its average price change.About NEO PERFORMMAT 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 NEO PERFORMMAT 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 NEO PERFORMMAT based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NEO PERFORMMAT price pattern first instead of the macroeconomic environment surrounding NEO PERFORMMAT. By analyzing NEO PERFORMMAT'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 NEO PERFORMMAT'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 NEO PERFORMMAT specific price patterns or momentum indicators. Please read more on our technical analysis page.
NEO PERFORMMAT June 2, 2024 Technical Indicators
Most technical analysis of NEO 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 NEO from various momentum indicators to cycle indicators. When you analyze NEO 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 | (0.01) | |||
Market Risk Adjusted Performance | 0.1305 | |||
Mean Deviation | 1.89 | |||
Coefficient Of Variation | (3,886) | |||
Standard Deviation | 3.02 | |||
Variance | 9.12 | |||
Information Ratio | (0.04) | |||
Jensen Alpha | (0.06) | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.1205 | |||
Maximum Drawdown | 15.99 | |||
Value At Risk | (4.69) | |||
Potential Upside | 6.25 | |||
Skewness | 0.2154 | |||
Kurtosis | 2.42 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEO PERFORMMAT. 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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for NEO Stock analysis
When running NEO PERFORMMAT's price analysis, check to measure NEO PERFORMMAT'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 NEO PERFORMMAT is operating at the current time. Most of NEO PERFORMMAT's value examination focuses on studying past and present price action to predict the probability of NEO PERFORMMAT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEO PERFORMMAT's price. Additionally, you may evaluate how the addition of NEO PERFORMMAT to your portfolios can decrease your overall portfolio volatility.
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