NITTO DENKO Stock Forecast - Daily Balance Of Power
| ND5 Stock | EUR 16.20 0.50 3.18% |
NITTO Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast NITTO DENKO stock prices and determine the direction of NITTO DENKO P's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of NITTO DENKO's historical fundamentals, such as revenue growth or operating cash flow patterns.
NITTO |
| Check NITTO DENKO Volatility | Backtest NITTO DENKO | Trend Details |
NITTO DENKO Trading Date Momentum
| On November 18 2024 NITTO DENKO P was traded for 14.90 at the closing time. The maximum traded price for the trading interval was 14.90 and the lowest daily price was 14.90 . There was no trading activity during the period 1.0. Lack of trading volume on 18th of November 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 0.67% . The trading delta at closing time to the closing price today is 0.67% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for NITTO DENKO
For every potential investor in NITTO, whether a beginner or expert, NITTO DENKO's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. NITTO Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in NITTO. Basic forecasting techniques help filter out the noise by identifying NITTO DENKO's price trends.NITTO DENKO Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NITTO DENKO stock to make a market-neutral strategy. Peer analysis of NITTO DENKO could also be used in its relative valuation, which is a method of valuing NITTO DENKO by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
NITTO DENKO P Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of NITTO DENKO's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of NITTO DENKO's current price.| Cycle Indicators | ||
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| Volume Indicators |
NITTO DENKO Market Strength Events
Market strength indicators help investors to evaluate how NITTO DENKO stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading NITTO DENKO shares will generate the highest return on investment. By undertsting and applying NITTO DENKO stock market strength indicators, traders can identify NITTO DENKO P entry and exit signals to maximize returns.
NITTO DENKO Risk Indicators
The analysis of NITTO DENKO's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in NITTO DENKO's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting nitto stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.37 | |||
| Semi Deviation | 1.73 | |||
| Standard Deviation | 1.78 | |||
| Variance | 3.17 | |||
| Downside Variance | 4.47 | |||
| Semi Variance | 2.98 | |||
| Expected Short fall | (1.59) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in NITTO Stock
NITTO DENKO financial ratios help investors to determine whether NITTO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in NITTO with respect to the benefits of owning NITTO DENKO security.