NEXANS Dusseldorf (Germany) Technical Analysis
NXS Stock | EUR 97.55 0.50 0.51% |
As of the 27th of April, NEXANS Dusseldorf secures the Risk Adjusted Performance of 0.0748, mean deviation of 1.46, and Market Risk Adjusted Performance of 0.5297. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NEXANS Dusseldorf, 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 are able to interpolate and collect nineteen technical drivers for NEXANS Dusseldorf, which can be compared to its peers in the industry. Please verify NEXANS Dusseldorf mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and information ratio to decide if NEXANS Dusseldorf is priced more or less accurately, providing market reflects its recent price of 97.55 per share.
NEXANS Dusseldorf Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as NEXANS, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NEXANSNEXANS |
NEXANS Dusseldorf 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.
NEXANS Dusseldorf Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 NEXANS Dusseldorf volatility. High ATR values indicate high volatility, and low values indicate low volatility.
NEXANS Dusseldorf Trend Analysis
Use this graph to draw trend lines for NEXANS Dusseldorf. You can use it to identify possible trend reversals for NEXANS Dusseldorf 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 NEXANS Dusseldorf price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.NEXANS Dusseldorf Best Fit Change Line
The following chart estimates an ordinary least squares regression model for NEXANS Dusseldorf applied against its price change over selected period. The best fit line has a slop of 0.21 , which means NEXANS Dusseldorf will continue generating value for investors. It has 122 observation points and a regression sum of squares at 1725.68, which is the sum of squared deviations for the predicted NEXANS Dusseldorf price change compared to its average price change.About NEXANS Dusseldorf 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 NEXANS Dusseldorf 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 NEXANS Dusseldorf based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on NEXANS Dusseldorf price pattern first instead of the macroeconomic environment surrounding NEXANS Dusseldorf. By analyzing NEXANS Dusseldorf'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 NEXANS Dusseldorf'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 NEXANS Dusseldorf specific price patterns or momentum indicators. Please read more on our technical analysis page.
NEXANS Dusseldorf April 27, 2024 Technical Indicators
Most technical analysis of NEXANS 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 NEXANS from various momentum indicators to cycle indicators. When you analyze NEXANS 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 | 0.0748 | |||
Market Risk Adjusted Performance | 0.5297 | |||
Mean Deviation | 1.46 | |||
Semi Deviation | 1.51 | |||
Downside Deviation | 1.81 | |||
Coefficient Of Variation | 920.45 | |||
Standard Deviation | 2.11 | |||
Variance | 4.44 | |||
Information Ratio | 0.0663 | |||
Jensen Alpha | 0.1855 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.0771 | |||
Treynor Ratio | 0.5197 | |||
Maximum Drawdown | 11.08 | |||
Value At Risk | (2.48) | |||
Potential Upside | 4.79 | |||
Downside Variance | 3.28 | |||
Semi Variance | 2.29 | |||
Expected Short fall | (1.89) | |||
Skewness | 0.4787 | |||
Kurtosis | 1.89 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEXANS Dusseldorf. 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 Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for NEXANS Stock analysis
When running NEXANS Dusseldorf's price analysis, check to measure NEXANS Dusseldorf'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 NEXANS Dusseldorf is operating at the current time. Most of NEXANS Dusseldorf's value examination focuses on studying past and present price action to predict the probability of NEXANS Dusseldorf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEXANS Dusseldorf's price. Additionally, you may evaluate how the addition of NEXANS Dusseldorf to your portfolios can decrease your overall portfolio volatility.
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