Nano Labs Etf Technical Analysis
| NA Etf | USD 0.37 0.08 17.78% |
As of the 25th of April, Nano Labs secures the Risk Adjusted Performance of (0.06), mean deviation of 9.11, and Standard Deviation of 15.5. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nano Labs, as well as the relationship between them. Strictly speaking, you can use this information to find out if the etf will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze thirteen technical drivers for Nano Labs, which can be compared to its peers in the industry. Please verify Nano Labs information ratio, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Nano Labs is priced some-what accurately, providing market reflects its recent price of 0.37 per share.
Nano Labs Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nano, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NanoNano |
Nano Labs technical etf 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, etf market cycles, or different charting patterns.
Nano Labs 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 Nano Labs volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Nano Labs Trend Analysis
Use this graph to draw trend lines for Nano Labs. You can use it to identify possible trend reversals for Nano Labs 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 Nano Labs price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Nano Labs Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Nano Labs applied against its price change over selected period. The best fit line has a slop of 0.01 , which may indicate that the price for Nano Labs will continue to decline. It has 122 observation points and a regression sum of squares at 5.18, which is the sum of squared deviations for the predicted Nano Labs price change compared to its average price change.About Nano Labs 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 Nano Labs 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 Nano Labs based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Nano Labs price pattern first instead of the macroeconomic environment surrounding Nano Labs. By analyzing Nano Labs'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 Nano Labs'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 Nano Labs specific price patterns or momentum indicators. Please read more on our technical analysis page.
Nano Labs April 25, 2024 Technical Indicators
Most technical analysis of Nano 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 Nano from various momentum indicators to cycle indicators. When you analyze Nano 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 | (0.06) | |||
| Market Risk Adjusted Performance | 0.5384 | |||
| Mean Deviation | 9.11 | |||
| Coefficient Of Variation | (887.59) | |||
| Standard Deviation | 15.5 | |||
| Variance | 240.21 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (1.50) | |||
| Total Risk Alpha | (3.69) | |||
| Treynor Ratio | 0.5284 | |||
| Maximum Drawdown | 125.6 | |||
| Value At Risk | (17.78) | |||
| Potential Upside | 15.48 | |||
| Skewness | 0.6227 | |||
| Kurtosis | 9.93 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nano Labs. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Nano Etf refer to our How to Trade Nano Etf guide.Note that the Nano Labs information on this page should be used as a complementary analysis to other Nano Labs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
The market value of Nano Labs is measured differently than its book value, which is the value of Nano that is recorded on the company's balance sheet. Investors also form their own opinion of Nano Labs' value that differs from its market value or its book value, called intrinsic value, which is Nano Labs' 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 Nano Labs' market value can be influenced by many factors that don't directly affect Nano Labs' 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 Nano Labs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nano Labs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nano Labs' 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.