NEXANS (Germany) Analysis

NXS Stock  EUR 96.60  0.05  0.05%   
NEXANS is overvalued with Real Value of 88.89 and Hype Value of 96.6. The main objective of NEXANS stock analysis is to determine its intrinsic value, which is an estimate of what NEXANS is worth, separate from its market price. There are two main types of NEXANS's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect NEXANS's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of NEXANS's stock to identify patterns and trends that may indicate its future price movements.
The NEXANS stock is traded in Germany on Munich Exchange, with the market opening at 08:00:00 and closing at 20:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. NEXANS is usually not traded on GermanUnityDay, Christmas Day, Boxing Day, New Year 's Day, Good Friday, Easter Monday, International Workers ' Day. NEXANS Stock trading window is adjusted to Europe/Berlin timezone.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NEXANS. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

NEXANS Investment Alerts

NEXANS generated a negative expected return over the last 90 days

NEXANS Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NEXANS's market, we take the total number of its shares issued and multiply it by NEXANS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Technical Drivers

As of the 23rd of January, NEXANS secures the Market Risk Adjusted Performance of 11.8, risk adjusted performance of (0.16), and Mean Deviation of 1.59. In respect to fundamental indicators, the technical analysis model lets you check practical technical drivers of NEXANS, as well as the relationship between them.

NEXANS Price Movement Analysis

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The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NEXANS middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NEXANS. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

NEXANS Predictive Daily Indicators

NEXANS intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NEXANS stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

NEXANS Forecast Models

NEXANS's time-series forecasting models are one of many NEXANS's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NEXANS's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding NEXANS to your portfolios without increasing risk or reducing expected return.

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Additional Tools for NEXANS Stock Analysis

When running NEXANS's price analysis, check to measure NEXANS'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 is operating at the current time. Most of NEXANS's value examination focuses on studying past and present price action to predict the probability of NEXANS'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's price. Additionally, you may evaluate how the addition of NEXANS to your portfolios can decrease your overall portfolio volatility.