Novonix Ltd Adr Stock Volatility Indicators Average True Range

NVX Stock  USD 1.93  0.01  0.52%   
Novonix volatility indicators tool provides the execution environment for running the Average True Range indicator and other technical functions against Novonix. Novonix value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of volatility indicators indicators. As with most other technical indicators, the Average True Range indicator function is designed to identify and follow existing trends. Novonix volatility indicators enable investors to predict price movements based on how different True Range indicators change over time. Please specify Time Period to run this model.

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The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 Novonix Ltd ADR volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Novonix Technical Analysis Modules

Most technical analysis of Novonix 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 Novonix from various momentum indicators to cycle indicators. When you analyze Novonix charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Novonix Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Novonix Ltd ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of Novonix Ltd ADR based on widely used predictive technical indicators. In general, we focus on analyzing Novonix Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Novonix's daily price indicators and compare them against related drivers, such as volatility indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Novonix's intrinsic value. In addition to deriving basic predictive indicators for Novonix, we also check how macroeconomic factors affect Novonix price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2023 2024 (projected)
Dividend Yield0.01880.0167
Price To Sales Ratio44.4842.26
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Novonix's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.091.877.70
Details
Intrinsic
Valuation
LowRealHigh
0.244.8610.69
Details
Naive
Forecast
LowNextHigh
0.042.097.92
Details
1 Analysts
Consensus
LowTargetHigh
12.7514.0115.55
Details

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Additional Tools for Novonix Stock Analysis

When running Novonix's price analysis, check to measure Novonix'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 Novonix is operating at the current time. Most of Novonix's value examination focuses on studying past and present price action to predict the probability of Novonix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Novonix's price. Additionally, you may evaluate how the addition of Novonix to your portfolios can decrease your overall portfolio volatility.