Navitas Semiconductor Corp Stock Technical Analysis

NVTS Stock  USD 3.86  0.04  1.03%   
As of the 19th of April, Navitas Semiconductor secures the Mean Deviation of 3.06, standard deviation of 4.06, and Risk Adjusted Performance of (0.09). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Navitas Semiconductor, 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 and analyze data for thirteen technical drivers for Navitas Semiconductor, which can be compared to its peers in the industry. Please verify Navitas Semiconductor market risk adjusted performance and treynor ratio to decide if Navitas Semiconductor Corp is priced some-what accurately, providing market reflects its recent price of 3.86 per share. Given that Navitas Semiconductor has information ratio of (0.18), we recommend you to check Navitas Semiconductor's last-minute market performance to make sure the company can sustain itself at a future point.

Navitas Semiconductor Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Navitas, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Navitas
  
Navitas Semiconductor'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.

Navitas Semiconductor Analyst Consensus

Target PriceAdvice# of Analysts
11.47Strong Buy8Odds
Navitas Semiconductor Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Navitas 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 Navitas stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Navitas Semiconductor, talking to its executives and customers, or listening to Navitas conference calls.
Navitas Analyst Advice Details
Navitas Semiconductor 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 Navitas Semiconductor technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Navitas Semiconductor 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...

Navitas Semiconductor Technical Analysis

Indicator
Time Period
Execute Indicator
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 Navitas Semiconductor volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Navitas Semiconductor Trend Analysis

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

Navitas Semiconductor Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Navitas Semiconductor Corp applied against its price change over selected period. The best fit line has a slop of   0.04  , which may suggest that Navitas Semiconductor Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 68.49, which is the sum of squared deviations for the predicted Navitas Semiconductor price change compared to its average price change.

About Navitas Semiconductor 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 Navitas Semiconductor Corp 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 Navitas Semiconductor Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Navitas Semiconductor price pattern first instead of the macroeconomic environment surrounding Navitas Semiconductor. By analyzing Navitas Semiconductor'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 Navitas Semiconductor'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 Navitas Semiconductor specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0032820.002918
Price To Sales Ratio17.1616.3

Navitas Semiconductor April 19, 2024 Technical Indicators

Most technical analysis of Navitas 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 Navitas from various momentum indicators to cycle indicators. When you analyze Navitas 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.
When determining whether Navitas Semiconductor is a strong investment it is important to analyze Navitas Semiconductor's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Navitas Semiconductor's future performance. For an informed investment choice regarding Navitas Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Navitas Semiconductor Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Navitas Stock analysis

When running Navitas Semiconductor's price analysis, check to measure Navitas Semiconductor'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 Navitas Semiconductor is operating at the current time. Most of Navitas Semiconductor's value examination focuses on studying past and present price action to predict the probability of Navitas Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Navitas Semiconductor's price. Additionally, you may evaluate how the addition of Navitas Semiconductor to your portfolios can decrease your overall portfolio volatility.
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Fundamental Analysis
View fundamental data based on most recent published financial statements
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Stocks Directory
Find actively traded stocks across global markets
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Is Navitas Semiconductor'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 Navitas Semiconductor. If investors know Navitas 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 Navitas Semiconductor listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.86)
Revenue Per Share
0.47
Quarterly Revenue Growth
1.11
Return On Assets
(0.16)
Return On Equity
(0.38)
The market value of Navitas Semiconductor is measured differently than its book value, which is the value of Navitas that is recorded on the company's balance sheet. Investors also form their own opinion of Navitas Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Navitas Semiconductor'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 Navitas Semiconductor's market value can be influenced by many factors that don't directly affect Navitas Semiconductor'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 Navitas Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine if Navitas Semiconductor is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Navitas Semiconductor'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.